October 4, 2020
Case Study – Inventory Optimisation & Refurbishment
This customer is a world-leading premium alcoholic drinks provider. They operate in over 180 countries around the world and are…
In ocean freight forwarding, LCL (or Less-than-Container Load) is a method of shipping goods by sea for customers and shippers who do not have enough stock to make up a full-container load (FCL). LCL is commonly used by a wide variety of customers who have small shipments from many origins or/and to many destinations that cannot be consolidated due to lead time requirements. It is also used to reduce cost in inventory or meet seasonal market demands where the shipment sizes vary. With LCL, they can enjoy this flexibility without paying for the speed of airfreight, reducing cost both in waiting for enough stock to fill an FCL and on the mode of transportation.
When shipping with LCL, costs are calculated per CBM (cubic metre) or tonne for the actual shipment. The freight forwarder then consolidates this LCL shipment, along with many other LCL shipments onto a full container. This is sometimes done with different consignees to maximise the container utilisation.
Do you have many suppliers, each of them shipping LCL? You may better benefit from a Buyer’s Consolidation (BCN) service. Through our global network of ocean freight forwarding experts, we offer our consolidation services to help you with cost-effective and efficient cargo movements.
Our other ocean capabilities include Vessel Charter, Breakbulk Solutions and Intermodal and Multimodal Solutions. We offer flexible service for all types of container equipment, including dry-box, open top, flat rack, reefer (refrigerated), Flexitank and Isotank.
TVS SCS has a dedicated freight forwarding network with local offices and expertise in key logistics hubs and markets around the world in the Asia-Pacific, Europe, Oceania and India. We have weekly consolidations and sailings between main trade lanes, allowing us to offer you reliable and consistent LCL shipments.
We go the extra mile for you and offer value-add warehousing services such as container unpacking, palletising, storage, and more. This ensures our customers experience a simplified, single touchpoint with end-to-end service coverage. More importantly, by shipping with our LCL consolidations, your goods are handled exclusively by us, creating a quicker wharf to warehouse turnaround. LCL shipments allow goods to move on a more flexible schedule, providing greater agility to reduce warehouse and storage costs.
From local pickup at origin to delivery at the destination, you have full visibility of the movement of your goods via e-Connect, our online tracking platform 24/7.
Our global freight forwarding network integrates our e-Connect online track and trace with the CargoWise IT platform. We use this across our entire international business to provide you with seamless 24/7 shipment visibility and live access to your data. With e-Connect, our airfreight customers also enjoy one login to access other aspects of their business, such as warehousing, order management, account management and shipment management information on the desktop website platform.
We also have a mobile app available on iOS and Android, which provides on-the-go visibility on shipment data that matters most to you.
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We have 45 dedicated freight forwarding offices in 15 countries, and work with trusted and reliable agents across the world to deliver global freight forwarding capabilities.
There are many variables, such as the type of commodity, size and weight of the LCL shipment. Generally, the rates are quoted based dimension, but can also be based on weight if the shipment is heavier than 1 metric tonne/CBM.
We offer comprehensive freight forwarding and management services. Not only can we handle your import and export needs, we also provide customs clearance and other freight solutions.
To offer our customers competitive pricing and efficient freight forwarding, we group several smaller consignments (deliveries), sometimes from multiple different customers, into a larger consignment. Not only does it create efficiency in space utilisation, it gives us the ability to leverage much better pricing from the carriers on behalf of our customers.