Must Read for All Logistics Professionals : Hurricane Katrina: 5 Ways to Manage the Transportation Impact
This is an excellent article with valuable advice for shippers on how to deal with the impact of Hurricane Katrina from a logistics/transportation viewpoint. Here is the quick summary:
Recommendations for
Action
√ Check the financial health of
your carriers and consider paying them faster.
√ Model fuel surcharge impacts on
your freight budget and product margins.
√ Reevaluate the benefit of using a
commercial transportation management system that can accurately model fuel
surcharges.
√ Minimize the impact of fuel
surcharges by creating additional carrier efficiencies. Make time for risk
management and contingency planning.
Read the whole thing.
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