Scenario:
Hello Logistics Team! This is the company president here in our Hangzhou, China location. First, I want to personally thank the team for doing such a remarkable job with the Forecasting and Inventory improvements. The Company is now exceeding the 96% on-time delivery goal in Asia and the inventory costs have been optimized. Second, today new opportunities have emerged. My good friend and colleague Carl Convoy has informed me Convoy Trucking has decided not to invest in new equipment and as a result our Company is now going to announce a bid to other transportation companies for the Plastic Bottles manufactured at the Albany, GA location. This is an exciting time for us. Due to the Logistics Team success, I am counting on the team to lead us into this strategic aspect of doing business while I remain in China. Once again I am very pleased with the Logistics Team and counting on your future contributions. Regards, Mr. President.
Prepare a 700-word paper explaining Contemporary Transportation Management and discuss how rates are determined.
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Format your paper consistent with APA guidelines.
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