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Global Logistics

3rdwave Global Logistics - An Industry Overview


The Global Logistics Management industry for Lead Logistics (LLP) and 3PL's is still in its relative infancy. Today, the field is dominated by UPS and FedEx in the small/medium size package segment, freight forwarders, customs brokers, the overland and ocean carriers for large commercial shipments. Yet no dominant non-asset based global LLP or 3PL provider has been able to effectively establish itself as a force in this market.

This market is driven by customer service. The ability to quickly respond to customers at all levels of a project is paramount to building a successful and long-term competitive advantage. The ability to manage an ad hoc team of service providers and insure execution compliance is fundamental to corporate success.

The non-asset based Global Logistics Management industry has lacked a flexible and comprehensive solution that provides total project management in a multi-source, multi-destination, multi-modal, multi-lane environment.

3rdwave GL provides a highly integrated solution that provides total transparency across the entire pipeline and supporting cost management capability. Thus, execution is easy to manage and the ability to compete is ensured.

Since 9/11, LLP's and 3PL's must ensure the security of their customers' global supply chains. This requirement demands that each LLP and 3PL be able to create, execute and monitor every service provider in the chain and capture, at the level of detail required, all information pertaining to every shipment.

Since 3rdwave GL has a powerful change control execution, alerting and reporting capability, this requirement is met. Also, total document compliance with government regulatory agencies so that goods move across international boundaries is unimpeded.