Understanding Multimodal Logistics Business
Multimodal Logistics Businessis the carriage of goods under one contract but performed with two or more different modes of transport. This could involve a combination of air, rail, road and sea transport. The multimodal transporter or service provider takes charge for the whole transportation notwithstanding using various means.
The Role Played by Multi-modal Logistics in Supply Chain Management
Efficient supply chain management involves getting products from their point of origin to their destination at the least possible cost and time. In this aspect, multi-modal logistics companies become critical. They can therefore optimize routes, reduce costs and ensure supply is made on time by maximizing utilization for alternative means of movement.
Advantages Associated withMultimodal Logistics Business
There are numerous advantages that are associated with multi-modal logistics. It offers flexibility as its number one feature. Businesses can change their logistic strategies based on such criteria as cost, delivery speed, environmental impact using different forms transportation.