βConsolidation", "grouping of goods" or βLCLβ refers to the process of reorganizing and grouping products in warehouses in order to unify storage and transportation management. Given that it enables companies to cut costs and boost efficiency, it is a practice that is commonly used in the logistics sector.
Less than a Container Load in the transportation industry is the practice of combining the goods of multiple customers onto a single truck (or container, in the case of maritime or intermodal transport) in order to avoid using a container that is only partially filled to convey the goods of a single customer. Freight consolidation is used at the warehouse during the receiving, storing, picking, and shipping of goods. Our experts provide you with more information in this article: