Session3 Review

he strategy behind routing guides is:

The strategy behind routing guides is to promote supply chain

excellence through trans-portation. Routing guides also help
organizations maintain centralized control over the number of
carriers used and avoid off-contract or “maverick” buying of
transportation ser-vices. Another goal is to ensure that contractual
volume commitments to specific carriers are achieved, as a failure
to meet these commitments can result in higher transportation
rates or penalty fees.

BOL (Bill of lading) stand for:

The bill of lading (BOL) is the most important transportation
document. It is created by the shipper of the goods to originate
the shipment. The BOL provides all the information the carrier
needs to accomplish the move, stipulates the transportation
contract terms including the scope of the carrier’s liability for loss
and damage, acts as a receipt for the goods the shipper tenders
to the carrier, and in some cases shows certificate of title to the
goods. Figure 11.5 shows a typical BOL with the essential types
of shipment information contained in the document.