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.
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