An accomplished Houston, Texas logistics expert, Stephen Day guides Logistics Group International (LGI), a third-party logistics company, in facilitating cargo movement across the United States, Mexico, and Canada. As president and CEO of LGI, Stephen Day has worked extensively on ensuring that the company adopts the best logistics practices to maximize efficiency.
The logistics industry has undergone major changes to adapt to the modern business landscape. With the demand for logistics and transportation rising across the globe, companies are seeking best practices to increase efficiency and shorten supply chain cycles as well as source for affordable materials thus reducing business costs. Rapidly changing logistics requirements call for the establishment of an efficient logistics management system to closely monitor the execution of processes within the estimated budgets and time limits.
To achieve this, companies should determine the optimum logistics management model which should specify which aspects of logistics and supply chain a firm can perform in-house and what should be outsourced. Doing this enables businesses to evaluate various models and choose the most appropriate model that can be easily implemented into business operations.
In addition, companies should establish strategic relations with logistics service providers (LSPs). LSP friendly programs are being formulated to help raise the standards of collaboration on issues such as rate negotiation, bidding processes, customs clearance processes, and develop packaging protocols to facilitate easier handling.
Stephen Day 