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Logistics is defined as possessing the right
amount of substance at the correct time and for the appropriate price. It is a
discipline, which deals with the procedure of any organization and has
operational and financial impact. It fits in with all types of industry
segments, and administers the completion of project life cycles, supply chains,
and ensuing efficiencies. Freight logistics involves working with experts who
merge expertise in freight transport with focused knowledge of certain
In the current scenario, logistics and supply chain matters are more important
than ever before and have accomplished greater eminence within business circles.
Several freight companies have got into joint ventures with companies that are
focused in a sector, to achieve optimization of their services. There are
several firms that grant outsourced or "third party" freight logistics services
to companies. These providers are specialized in warehousing and shipping
services are incorporated into their systems. This can be modeled to the needs
of the customers and is alive to the demands and delivery service requirements
of the market.
Regardless of the type of shipment involved, the basic principle underlying the
expectations of the market has always been of exceptional standards in respect
of quality and safety of the goods. Hence, several companies have come up with
integrated solutions that have become popular with all freight businesses.
Online freight disbursement and contract tracking systems are available that
provide authoritative control for the logistics procedure. Using these Internet
based services it is even possible to track supply discrepancy reports. This
single source information center offers access to the shipment data for carriers
as well as transporters. This product also abolishes the requirement of merging
of freight bills and invoices and ensures faster and precise payments.
Freight logistics solutions serve as an important tool for better managerial
decisions and hence have brought about improved customer services.