Cost Optimization and Competitive Pricing for 3PL Companies (Highlight)

Date : 04/11/2010

Time : 1.30pm - 5.30pm

Location : Seminar Hall, UiTM International Centre

Our team has attended the workshop this afternoon, organized by MITRANS. With the main title focusing on the competitive pricing for 3PL companies in Malaysia, the workshop has been attended by the practitioners from the industry and the academicians from UiTM. Started at 1.30 noon until 5.30pm.

A very good workshop that discussed the current issue and way forward for 3PL companies in supporting Malaysia competitiveness as a trading country, Dato’ Samsudin Abd. Rahman a Managing Director from SA Kargo has highlighted three main criteria on how the 3PL to remain competitive in their pricing strategy.

1. Integrated supply chain
2. Consolidation
3. ICT involvement

Dato’ Samsudin in his presentation “Competitive Pricing in Logistics Industry Towards Long-run Sustainability”, also highlighted in order to achieve this, it requires a coordination and support from all parties within the supply chain network.

The second presentation from Dr. Mohamed Amin Kassim, Deputy MD for Century Logistics Holdings Bhd. He is also a member of Malaysia Logistics Council and a very strong supporter of MITRANS. In his presentation “Cost Optimization through Efficient Practice in Logistics Industry Towards Competitive Pricing”, Dr. Amin highlighted the level of 3PL competitiveness in Malaysia as an origin and destination for the exporters and importers.

While it is relatively competitive for Malaysia in comparing with other countries, but still require a lot of things and review with regards to current policies and infrastructures.

The workshop was then followed by a panel discussion and questions from the participants.

Lower cost doesn’t means to sacrifice the service levels, but encourage the players to think and execute the most effective and efficient ways in managing the cost to remain competitive for their future sustainability.

While, we agreed that nobody can’t work in silo within the supply chain network, this workshop is a good platform to integrate and promoting further cooperation between the stakeholders. Some challenges, moving forward are the government decision to liberalize the logistics industry by 2013. 

Further study will be carried out by MITRANS researchers to come up the cost optimization modeling. The study will be lead by Dr. Jaafar Pyeman from MITRANS.

Malaysia Institute of Transport (MITRANS) is organizing series of forum and workshop with regards to the latest issue in logistics and supply chain.

We will update you for future workshop.


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