Consolidator: meaning, definitions and examples
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consolidator
[ kənˈsɒlɪdeɪtə ]
business role
A consolidator is an individual or organization that combines smaller shipments or orders into a larger shipment to optimize space and reduce shipping costs. This role is critical in the logistics and shipping industries as it facilitates more efficient transportation of goods. Consolidators typically negotiate better rates with carriers due to the larger volume of shipments they manage. By consolidating shipments, they help businesses streamline their operations and manage inventory more effectively.
Synonyms
Examples of usage
- The consolidator arranged for multiple small packages to be shipped as one.
- Using a consolidator can significantly reduce shipping expenses for small businesses.
- The logistics company employs a consolidator to enhance delivery efficiency.
Translations
Translations of the word "consolidator" in other languages:
🇵🇹 consolidador
🇮🇳 संगठक
🇩🇪 Konsolidierer
🇮🇩 konsolidator
🇺🇦 консолідатор
🇵🇱 konsolidator
🇯🇵 統合者
🇫🇷 consolidateur
🇪🇸 consolidador
🇹🇷 konsolidatör
🇰🇷 통합자
🇸🇦 موحد
🇨🇿 konsolidátor
🇸🇰 konsolidátor
🇨🇳 整合者
🇸🇮 konsolidator
🇮🇸 sameiningaraðili
🇰🇿 консолидатор
🇬🇪 კონსოლიდატორი
🇦🇿 konsoledator
🇲🇽 consolidador
Etymology
The term 'consolidator' derives from the verb 'consolidate,' which comes from the Latin 'consolidare,' meaning 'to make firm or solid.' The prefix 'con-' means 'together' and 'solidus' translates to 'solid.' The concept of consolidation has been prevalent since the early 20th century, particularly in the context of business and logistics as industries sought ways to enhance efficiency. Over time, the role of a consolidator has evolved, especially with the advent of global trade and advanced shipping technologies. As businesses look for ways to cut costs and improve inventory management, the demand for consolidators in supply chain operations has increased dramatically.