In the logistics sector refers to the extent and capability of a logistics company or service provider to offer their services across various regions and countries worldwide. It implies a comprehensive network and infrastructure that enables the seamless movement and management of goods, resources, or people on a global scale. Companies with global coverage can efficiently handle international shipping, customs regulations, and diverse logistical challenges to ensure a smooth supply chain across different continents and countries. Here's a closer look at what "Global Coverage" entails:
Logistics providers with global coverage have a vast network of warehouses, distribution centers, transportation hubs, and partner facilities strategically located around the world. This extensive network allows for efficient handling and storage of goods, reducing transit times and costs.
On-Time Delivery (OTD) is a crucial performance metric in logistics and supply chain management that measures the efficiency and reliability of delivering goods or services to customers within the agreed-upon timeframe. It is a key indicator of a company's ability to meet customer expectations, build trust, and maintain a competitive advantage. On-Time Delivery is typically expressed as a percentage and calculated by dividing the number of orders delivered on time by the total number of orders and then multiplying by 100. Here's a detailed description:
