What is Road Freight?
What is Road Freight? Road freight means the transport of goods using motor vehicles via road networks which form the foundation of road freight transport systems. Also called road...
What is 3PL?
What is 3PL logistics? Third-Party Logistics (3PL) a.k.a order fulfilment companies is a sector where logistics-related tasks such as transportation and warehouse storage are outsourced from a third-party business....
What is 5PL?
What is 5PL? A fifth party logistics (5PL) model allows businesses to outsource their entire supply chain to a specialized logistics provider. This logistics solution embraces all cutting-edge technology...
What is Dead Freight and How to Prevent It?
What is Dead Freight? When the reserved space on a ship is not entirely used or paid for by the shipper, it is called dead freight. It compensates for...
Impact of TPS Lean Manufacturing Strategy On Logistics
Introduction to Toyota Production System (TPS) The Toyota Production System (TPS), in brief, is a highly acclaimed global system of lean manufacturing developed by Toyota Motor Corporation, which aims...
What is 1PL?
What is 1PL? 1PL stands for First Party Logistics, which designates a firm that manages the warehousing and transport of its merchandise by itself and does not make use...
