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The latest concept in the fields of transportation, logistics and supply chain management is that of 'supply chain collaboration'. One of the recent extensions of the supply chain collaboration conceptual framework is Collaborative Transportation Management (CTM). The objective of CTM is to reduce or eliminate inefficiencies in the transportation process through collaboration, in order to bring benefit to all trading partners. Similar to CPFR, CTM involves information and process flow whereby suppliers and buyers collaborate jointly with carriers or 3PLs to provide effective and efficient shipment delivery.
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