What are FCL and LCL? What are the elements of Logistics Management?
Many people are not aware of FCL and LCL parts of the shipping industry. The shipping industry has become one of the most sought-after industries. Since the need for streamlined transportation of goods and services across the globe has increased, the shipping industry has become more complex and convenient. Since businesses don't have much time to look after the shipping needs, logistics companies make everything possible.
How do FCL and LCLdiffer?
Full Container Load (FCL)and Less than Container Load (LCL) are the two most common terms used in the shipping industry. Both these two terms are used to transfer goods according to their size and weight. On the one hand, a full container load is used for consignments are occupy the entire space of Cargo and need to be shipped individually. The less Than Container loads, on the other hand, refer to the transport of goods packed in a container shared by other Cargos. In very small consignments and a vast consignment, the business owner needs to decide how they want to transport their goods. That is when the need for FCL and LCL arrives.
How do Logisticscompanies work?
The logistics industry has become an integral part of the supply chain. Since it allows an on-time and hassle-free delivery process, it is preferred by many. Logistics companies work in a streamlined manner with risk assessment techniques to analyze hurdles faced in the entire shipment process. Here are the five major elements of logistics that you should know about:
Storage and Warehouse
The role of a logistics company is to collect and procure the consignments in a safe environment to complete the delivery process in a scheduled time. Storagewarehousing and materials handling are the essential elements of the shipping industry.
Once the goods are collected and stored in a warehouse, the packaging step begins. The logistics companies pack goods for a safe transit process. They pack the goods in a manner that can easily fit into the container without taking much space.
Another essential element of logistics management is the inventory management process. The shipping companies list the Cargos that need to be shipped in specific containers through individual modes. They prepare all the documents for a streamlined delivery process.
Transporting goods safely and securely is the ultimate goal of logistics companies. After all the planning and preparations, the Freight is transported in different shipping modes to reach the final destination.
The logistics process does not complete after transportation. The shipping companies are fully responsible for the collection, procurement, and delivery of the goods. The shipping companies' goods will move to the final destination after Air, Marine, and road transportation.