{"id":19046,"date":"2017-11-21T19:54:02","date_gmt":"2017-11-21T19:54:02","guid":{"rendered":"http:\/\/www.globeinst.org\/?page_id=19046"},"modified":"2021-08-09T09:50:11","modified_gmt":"2021-08-09T09:50:11","slug":"2017-alg-accredited-best-in-class","status":"publish","type":"page","link":"https:\/\/project.mespilgroup.com\/GIL\/press-center\/2017-alg-accredited-best-in-class\/","title":{"rendered":"2017: ALG ACCREDITED BEST IN CLASS"},"content":{"rendered":"
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Press Information> Presse-Information<\/strong><\/h2>\n

Dossier Presse > Communicato Stampa >\u65b0\u95fb\u7a3f<\/strong><\/h2>\n<\/div>\n
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LISBON, Portugal November 2017<\/h6>\n

AEROSPACE LOGISTICS GROUP ACCREDITED AS
\nGLOBAL BEST IN CLASS AEROSPACE FREIGHT FORWARDING NETWORK<\/h4>\n

The Global Institute of Logistics Accredits Aerospace Logistics Group ‘Global Best in Class Aerospace Freight Forwarding Network’<\/h6>\n

The Global Institute of Logistics has announced that the Aerospace Logistics Group has been accredited with Best-in-Class status, in recognition of the network\u2019s outstanding contribution to the development of best practice in vertical specific freight forwarding networks (VSFFN)
\nThe announcement of ALG\u2019s accreditation as \u201cGlobal Best in Class Aerospace Freight Forwarding Network\u201d comes, as a result of, the Institute\u2019s ongoing research on independent freight forwarding in global logistics<\/a>.
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ROBERTO COLUCCI CO-FOUNDER AEROSPACE LOGISTICS GROUP RECEIVES BEST IN CLASS
\nACCREDITATION FROM KIERAN RING FOUNDER GLOBAL INSTITUTE OF LOGISTICS<\/b><\/center> <\/p>\n

One of the significant early findings of the Institute\u2019s research is the importance of networks. Network membership enables freight forwarders to form relationships with other freight forwarding companies, gain access to their resources and link with their activities, all critical in connecting beneficial cargo owners to international supply and distribution networks.
\nA key observation arising from our initial research is the existence of vertical-specific freight forwarding networks (VSFFN) which invites further examination and analyses of their specific role and value.
\nVSFFN are defined as freight forwarding networks which service specific industries, offering a tailored logistics solution which meets the requirements of that vertical. VSFFN are strategically managed collaborative networks, the members of which enjoy a higher level of communication, coordination, and control when compared with their generic counterparts. This greater degree of communication, coordination, and control is essential to provide tailored solutions for customers in niche verticals which demand higher service levels.
\nThe aviation and aerospace industries are some of the most demanding verticals for suppliers of logistics and freight services. Demand is derived from three key drivers\u2019; globalization, maintenance, repair and overhaul (MRO) and aircraft on the ground (AOG).
\nGlobalization has fueled deregulation, and open skies agreements have made it possible for airlines to build global networks. This has led to increasing demand for freight and logistics services to match the lengthening supply chain.
\nThe Maintenance, Repair, Overhaul (MRO) Market which includes the overhaul, repair, inspection or modification of an aircraft was valued at US$135.1 Billion in 2015, three-quarters of the US$180.3 Billion aircraft production market. The freight and logistics support needed to keep the MRO supply chain operating on target and on time is astounding and pushes logistics service providers to the pinnacle of performance.
\nThe costs of an aircraft on the ground (AOG) is estimated to be $1 million per day, including passenger compensation which must be paid for delayed and canceled flights. Responding to these emergencies results in the ultimate demonstration of time-critical shipment ability and demands the highest levels of communication, coordination, and control in the logistics process to get aircraft back in the air.
\nSuch is the level of complexity in aviation and aerospace MRO logistics support, the Institute chose the role of VSFFN in this vertical for special focus in the report on independent freight forwarding in global logistics.
\nCITATION
\nHaving reviewed the development of networks in the vertical, the Institute chose the Aerospace Logistics Group as its benchmark and recipient of Global Best in Class Aerospace Freight Forwarding Network.
\nFounded ten years ago, ALG is the pioneer VSFFN in the aviation and aerospace industry. It has grown to become a global network of independent providers, who together have built up a unique and uniform offering to their customers drawing on their combined expertise.
\nThe principal reasons for the Institute\u2019s accreditation:<\/p>\n