When we hear the word “Logistics”, we all think trucks, freight, borders, planning, importation, exportation, customs, supply chain, warehouses, distribution, coordination, procurement, material management and many other words that can be related. We believe that our new logo projects our group chain of “Transportation, Logistics and Customs Specialists”.
The Definition of Logistics
Logistics is that part of the Supply Chain Management that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customers requirements.
The Definition of Supply Chain Management (SCM)
Supply Chain Management encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all Logistics Management activities. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third-party service providers, and customers. In essence, Supply Chain Management integrates supply and demand management within and across companies.
Council of Supply Chain Management Professionals (CSCMP) 2005. Formerly Council of Logistics Management (CLM) www.cscmp.org
The Definition of 3PL
The term ‘third-party logistics provider’ means a person who solely receives, holds, or otherwise transports a consumer product in the ordinary course of business but who does not take title to the product.
Federal law, Consumer Product Safety Improvement Act of 2008 (HR 4040) (“CPSL”)
A firm which provides multiple logistics services for use by customers. Preferably, these services are integrated, or ‘bundled’ together by the provider. These firms facilitate the movement of parts and materials from suppliers to manufacturers, and finished products from manufacturers to distributors and retailers. Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging and freight forwarding.”
Council of Supply Chain Management Professionals (“CSCMP”)