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Real World Case Real World Case Global Global
Transportation Transportation NetworkNetwork•Through out this power point I will Through out this power point I will
explain.explain.•What the purpose of the Global What the purpose of the Global Transportation Network (GTN) isTransportation Network (GTN) is•How GTN makes moneyHow GTN makes money•Using GTNUsing GTN•And some of its competitors.And some of its competitors.•Then I will answer the questions.Then I will answer the questions.
Purpose of GTNPurpose of GTN
GTN is made to make companies GTN is made to make companies shipping more efficient and easier.shipping more efficient and easier.
It makes It easier by using the It makes It easier by using the internet so companies can find out internet so companies can find out where to pick up there next where to pick up there next shipment.shipment.
GTN researches and finds out where GTN researches and finds out where certain items are located around the certain items are located around the world.world.
How GTN makes moneyHow GTN makes money
GTN makes money by taking a GTN makes money by taking a percentage of the shipment it percentage of the shipment it process for the company.process for the company.
For example if a company was to For example if a company was to ship 200,000 dollars worth of stuff ship 200,000 dollars worth of stuff then GTN would take out 3% of that then GTN would take out 3% of that shipment.shipment.
Using GTN HelpsUsing GTN Helps
Develop and analyze various Develop and analyze various transportation optionstransportation options
Determine the best mix of modes, Determine the best mix of modes, channels and shipment quantitieschannels and shipment quantities
Determine limited planned verses Determine limited planned verses actual movement.actual movement.
Identify potential resources shortfall. Identify potential resources shortfall.
Some of its competitorsSome of its competitors
ISE International Securities ISE International Securities Exchange redefined the US options Exchange redefined the US options industry by introducing electronic industry by introducing electronic trading, competition, and lower fees trading, competition, and lower fees and efficient, equitable pricing, and efficient, equitable pricing, enabling instantaneous executions in enabling instantaneous executions in tight, liquid markets. tight, liquid markets.
Datatrac this company ships Datatrac this company ships supplies and pharmaceuticals.supplies and pharmaceuticals.
Critical Success FactorsCritical Success Factors
Is a company can do the entire Is a company can do the entire shipping cycle onlineshipping cycle online
This makes shipping more This makes shipping more convenient for the customer and convenient for the customer and carrier.carrier.
GTN does all the shipping research GTN does all the shipping research itself so the carrier or the customer itself so the carrier or the customer does not have to.does not have to.
consortium is the best type consortium is the best type of owner ship for this kind of owner ship for this kind of exchange.of exchange. The reason that I think consortium is The reason that I think consortium is
the type of exchange is because the type of exchange is because consortium deal with the internet consortium deal with the internet and consortium is deal with and consortium is deal with electronics.electronics.
Should big shippers like Should big shippers like wall-Mart create a shipper wall-Mart create a shipper
exchange.exchange. The answer to this is yes, it makes The answer to this is yes, it makes
sense because it saves on time and sense because it saves on time and money no matter what size the money no matter what size the company is.company is.
Motivates carrier to Motivates carrier to participate in an exchangeparticipate in an exchange
The thing that motivates the carrier The thing that motivates the carrier is when they are shipping across the is when they are shipping across the ocean they can use the GTN to see ocean they can use the GTN to see where the nearest shipment to pick where the nearest shipment to pick up is. Then the shipment will be up is. Then the shipment will be brought back with out making two brought back with out making two trips.trips.
Motivates a shipper Motivates a shipper
A shipper can find out what is going A shipper can find out what is going on with their vessels because it is all on with their vessels because it is all done on the internet. done on the internet.
How was customer service How was customer service impoved by the exchange.impoved by the exchange.
By more option and easier access to By more option and easier access to the carriers of the item. This the carriers of the item. This improves the time because all of the improves the time because all of the companies will be listed on the GTN. companies will be listed on the GTN.
Customers can check up on their Customers can check up on their shipment and how long by using the shipment and how long by using the Internet.Internet.