Archive for the ‘Logistics’ Category:
TWT Logistics Expands Operation Document Actions
TWT Logistics has acquired Switch International. The acquisition will extend is geographical coverage from South Wales to Southern England. TWT Logistics is based in South Wales with its headquarters near Caerphilly in Mid-Glamorgan. It is one of the fastest growing members in the Pall-Ex network. TWT Logistics is now operating over 100 vehicles and 200 trailers across the group. The acquisition of Switch has extended the logistics services, freight forwarding and the transportation of hazardous freight. Switch has been delivering innovation, quality and value to its customer for more than 25 years. It has specialization in pallet freight distribution across the UK and Europe. The collaboration of these companies will definitely be helpful for TWT to meet its objectives.
TWT plans to develop the business further with the addition of a purpose-built transport terminal with warehousing facilities in the Andover area. The vehicle fleet has already been expanded to accommodate the extended Pall-Ex territory and the computerization of all aspects of the operation is already at an advanced stage.
Subscribe to the comments for this postKuehne + Nagel gets Organon Logistics Contract
Kuehne + Nagel’s Irish branch has won a contract to manage the global logistics for Organon Ireland. Kuehne + Nagel will provide global ambient logistics services to support Organon’s Irish drug manufacturing plant. The firm will use road, sea and air to transport raw materials for the facility to Ireland as well as the outbound transportation of the finished products to be shipped out of Ireland. Details of the contract have not been disclosed by the concerned parties.
Organon Ireland has one of its two global manufacturing sites in Ireland. The site is located on a 31-acre area near Swords Village, Co Dublin. It has employed approximately 600 people to make a range of products that are packaged for over 50 countries worldwide. Kuehne + Nagel has been chosen by Organon for its ability to provide full visibility for all shipments globally. The Kuehne + Nagel Groups is a global leader in seafreight and airfreight.
Defence Logistics for the British Government
Britain’s the Ministry of Defence has awarded BearingPoint a contract worth up to £5 million to complete a data-warehousing project. The project is aimed at improving its forces’ operations. BearingPoint is a management and technology-consulting firm. It would design, develop and support an enterprise data warehouse specified by the Ministry of Defence’s Defence Logistics. The project is part of the Defence Logistics Organisation (DLO)’s Logistics Information Systems strategy. The initial contract is valued at over £2 million.
The DLO requires a structured, accurate and centralized data repository for logistics management information. The goal of the project is to create a warehouse of data for all defence logistics information users. The Defence Logistics will support aircraft fleets for the royal Air Force, royal Navy and Army. It will also support land forces and battleships. The enterprise data warehouse will have the capability to merge data from the operational domains and other domains such as finance and human resources. Computer Weekly has published an article on the Same Topic.
TNT Logistics Renews Contract with Ford
TNT Logistics, North America has recently renewed its existing contract with Ford Motor Co. The move is aimed at providing logistic services to Ford’s truck manufacturing plant in Kansas City. Although the terms of the contract were not disclosed, it has been confirmed that the contract is extended until 2009. TNT Logistics has provided for the delivery and sequencing of parts for the plant. In the plant, workers have been assembling F series trucks since 2002. Jacksonville Business Journal has published an article on the Same Topic.
TNT Logistics provides similar services to Ford plants in Ohio, Michigan and Ontario. Jacksonville-based TNT Logistics North America is a subsidiary of TNT Logistics and is the fourth-largest logistics company in Northeast Florida with about 300 employees.
Martin Dawes System’s Logistics Solutions in Europe
Martin Dawes Systems has announced its UK partnership with 20:20 Logistics, which is a part of the Caudwell Group. The partnership is being extended to target new opportunities across the Western Europe. 20:20 Logistics is the largest value-added distributor of mobile handsets. It also has unmatched experience in handset management. 20:20 Logistics will be responsible for the handset branding, fulfillment, distribution and packaging part of Martin Dawes System’s MVNE (mobile virtual network enablement) solution. Source Wire has published an article on the Same Topic.
The two companies already have a well-established relationship in the UK where Martin Dawes Systems MVNE clients include BT Mobile. Future customers in further European markets will benefit from economies of scale as well as 20:20 Logistics’ Global Fulfillment Service, which distributes mobile phones to over 60 countries.
DCCI hosts Freight Logistics Conference
Dubai Chamber of Commerce and Industry (DCCI) is hosting the first conference in freight logistics, which is aimed at bringing quality, security and innovation to the fore. Due to its strategic location, Dubai enjoys the status of a trade center and has been a hub of economic activities in the gulf region. Industry analysts in the gulf region believe that the freight logistics must play a key role to deliver world-class services for the business community in Dubai. New challenges from Economic Globalization have forced organizations to adopt more transparency and develop their services.
Another important aspect of the freight logistics is the online services. The online services are based on the concept of e-commerce, which has become the backbone of today’s businesses. It has been stressed that the National Association of Freight Logistics (NAFL) and International Federation of Freight Forwarders’ Associations (FIATA) must work in tandem to adopt best practices in order to develop the freight logistics system. There is no doubt that product and service knowledge plays an important role in making any trade a success.
Performance-Based Logistics
Performance-based logistics is no longer a new phenomenon in material handling. It is a logistics model that defines specific goals and metrics to evaluate success. The term is largely used in the US military. Performance-based logistics in the Department of Defense is referred to the purchase, maintenance and support of a product or weapons system. The contractor oversees the movement of the system and its components to the correct locations and also hires agents who maintain proper coordination between shippers, manufacturers, service technicians, trainers and other companies associated with the weapon system.
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The benefit to the contractor is that it gets not only a product contract but also a revenue stream for the life of the product. PBL contracts are still awarded to contractors on an ad hoc basis, rather than consistently, throughout the DOD.
All About Logistics
Logistics is the process of planning, implementing and controlling the efficient flow and storage of raw materials. Maintaining inventory, finished goods and ensuring good services are part of logistics process. Satisfying customers’ requirements is the main objective of logistics. The whole concept of Logistics is based on the following elements:
• Proper Place
• Right Time
• Adequate Quantity
• Complete Adherence to Quality
• Right Price
• Right Condition
• Right Customer
Third party logistics is the activity of outsourcing activities related to logistics and distribution. It includes logistics solution providers and the shippers. Companies prefer third party logistics because of core competence, resource constraints, cost saving, global coverage and efficient management of inventory. There is also a fourth party logistics that assembles and manages the resources, capabilities and technology to deliver a comprehensive supply chain solution to the client.
Earnings in the Logistics Industry
A survey of salaries in the logistics industry conducted by Logistics Management has shown a decline of 4.5 percent from last year’s average, a drop from $83,790 to $80,000. Those with the fancy titles continued to pull in the top dollar, with vice presidents and general managers earning an average of $140,000, followed by corporate and division managers who made $110,000, with logistics managers coming in third at $80,000 annually.
Education matters in the logistics world, if you go by the salaries earned by the professionals in the field. Those with a high school diploma earned only $55,000 last year, while those with college credits earned $68,000 on an average. Bachelor’s degree holders took home $85,000 on an average, with MBAs taking the cake and the icing with $105,000.
As in other fields, experience counts here too. Respondents with an experience of 1 to 10 years earned only $66,575 on an average, those working for nearly 15 years took home $84,000, those with around 20 years’ experience were paid an average of $85,000, and those with 30 years of experience earned $95,000.
The Chartered Institute of Logistics and Transport International
The Chartered Institute of Logistics and Transport (CILT) International, was earlier known as The Chartered Institute of Transport and was created in 1919. Owing to unprecedented growth in its overseas segments, it was restructured in 1994 as a result of which 10 councils were formed globally.
The Institute’s specialist John Williams library, based in Corby, totals over 30,000 references and is one of the largest collections and most comprehensive sources of logistics and transport information in Europe.Members of the Institute have access to this one-stop bank of sector-specific information free of charge and as many times a year as they wish.
Read More: The Chartered Institute of Logistics and Transport (UK)