LOGISTICS & SUPPLY CHAIN MANAGEMENT SOCIETY (LSCMS), SUPPLY AND DISTRIBUTION GROUP LAUNCHES GLOBAL LOGISTICS SERVICE PROVIDER BENCHMARKING INDEX
Singapore 12th August 2021: Recognising the heightened focus on overall supply chain performance due to increased disruption and challenges, shippers, manufacturers and beneficial cargo owners (BCO’s), are increasingly faced with soaring freights rates and what they, correctly or otherwise, perceive to be sub-standard or inferior service.
Additionally, many companies today are placing an increased focus and significance in assessing the wherewithal of a Logistics Service Provider by their sustainability and digitalization initiatives and capabilities – aside from rates and service levels.
According to Mr. Kendrick Ng, of the LSCMS Supply and Distribution group, “It is a crowded and convoluted playing field and there are seldom unbiased or uninfluenced qualitative and quantitative data to manage these perceptions – real or otherwise. As a shipper, participating in this survey will provide valuable data to index the performance of your LSP’s”
Developed with Dr. Rajesh Piplani, Director of the MSc in Supply Chain and Nanyang Technological University, the index analyses the responses of up to 100 major shippers who spend at least US$1 million a year with a particular LSP in airfreight, ocean, warehousing or express services.
The first index of its kind to be released globally, it will not be vendor sponsored but rather driven by the real and accurate feedback provided by major shippers. Companies interested to contribute to the index can complete the survey questions at this link.
About the Logistics & Supply Chain Management Society
The Logistics & Supply Chain Management Society is the regional professional body for Logistics practitioners.
Practically all areas of the Logistics spectrum are represented in the Society. Shippers, Freight Forwarders, Academics, Students, Carriers, Personal Effects Movers and other individuals and organisations form our core. With an emphasis on commercial experience and expertise we are the lead platform for the development of Logistics in the region and work with our members, government, organisations and professionals in raising the profile and expertise through a range of activities.
Like most professional bodies, the Logistics & Supply Chain Management Society emphasises a commitment to ongoing education and encourages performance consistent with a generally agreed body of knowledge or standards. Members of our Society are recognised as members of a professional body through the work we continue to perform.
The LSCMS has the proven history, framework, value for money and strategic reach to make it the right choice for you.
The Society was formed by Logistics professionals with the following objectives :-
- To promote professional development of Logistics and Supply Chain Management;
- To serve as a resource centre for its members and parties interested in Logistics and Supply Chain Management;
- To serve as a resource centre and focal point that demonstrably
reinforces Singapore as a regional Logistics and trans-shipment hub; and
- To advance, study and disseminate techniques and applications on Logistics and Supply Chain Management.