Contemporary Transportation Management
This is the company president here in our Hangzhou, China location. First, I want to personally thank the team for doing such a remarkable job with the Forecasting and Inventory improvements. The Company is now exceeding the 96% on-time delivery goal in Asia and the inventory costs have been optimized. Second, today new opportunities have emerged. My good friend and colleague Carl Convoy has informed me Convoy Trucking has decided not to invest in new equipment and as a result our Company is now going to announce a bid to other transportation companies for the Plastic Bottles manufactured at the Albany, GA location. This is an exciting time for us. Due to the Logistics Team success, I am counting on the team to lead us into this strategic aspect of doing business while I remain in China. Once again I am very pleased with the Logistics Team and counting on your future contributions. Regards, Mr. President.
Prepare a 700-word paper explaining Contemporary Transportation Management and discuss how rates are determined.
Analyze the modal and carrier selection process and distinguish among the various transportation documents.
Investigate a transportation bid collaboration system on the Internet. Explain the benefits the system can have on a transportation bid process.
Format your paper consistent with APA guidelines.
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Solution PreviewTransportation management is the operation done by a consignee or a shipper through purchasing services for delivery of goods from warehouses to supply chains and controlling these services. Transportation is considered to be expensive in the logistics of the organizations and it…………………………………..