The billion-dollar trucking industry is undeniably a vital part of America’s economy. Every good consumed by Americans, from clothes to food and everything in between, gets transported on trucks at some point- as such it accounts for 72% (or 11 billion tons) of all freight moved across the United States each year! Lately, the industry…
A lot of people can tell you how to keep your supply chain agile during the rest of the year, but what about Christmas? This time of year is often incredibly hectic for supply chains and shipping accordingly. The holiday season brings with it an increased number of shoppers, and retailers are constantly trying to…
[Case study] Leading Pharmaceutical Company Streamlines Logistics Operations Geography: Global | Module: GoShipment Multi-stakeholder & Task Management “ With the growing complexity and inter-dependability of global supply chains, all involved stakeholders must be committed to a frictionless collaboration. This requires end-to-end visibility across every step. Achieving these goals will not happen overnight, but we should…
[Case study] Mega WeCare Drives Cost Savings by Automating RFQ Management “ AI-driven platforms have transformed the way global supply chains operate, enabling process efficiencies, transparency and cost-effectiveness. Transforming the Life Sciences Supply Chain with Automation Download our best practices guide and learn how life sciences companies can leverage automation to build supply chain resilience.
Most of the significant events that end up disrupting global supply chains happen without a note of warning and carry the potential to disrupt the best of plans. Although organisations put their best foot forward when planning their supply chain operations, with a wide range of stakeholders involved in the network, overcoming breakdowns remains a…
The rolling out of the Covid-19 vaccine certainly is a glimmer of hope in the fight against the pandemic, but the world is far from celebrations. The next big hurdle facing the world is distributing the vaccine, which relies on a complex supply chain of freezers and temperature-controlled shipping methods called the ‘cold chain.’ Let’s…
The Every Given is sailing again. After being stuck for about six days, the mammoth ship held up about $9 billion in global trade a day and further burdened the already strained supply chains. Owing to the dredgers, tugboats, and rushing king tides, to everyone’s relief, the 20,124-TEU finally refloated after approximately 30,000 cubic meters…
In the past several decades, global trade has been a force for good. It has driven economic growth, helped millions earn a livelihood and kept the world connected through thick and thin. But all of this has also come at the cost of the environment. The International Transport Forum estimates that about 7% of global…
With a faint light in sight at the end of the COVID tunnel, pent-up demand has emerged as a major concern for businesses across industries. Every few weeks, there seems to be a speed bump here or an upswing there for the global supply chains, making it impossible to forecast what’s next. Why the fuss…
As volatility continues into 2021, logistics teams are juggling multiple systems to keep their supply chains running. Amid container shortage, capacity constraints and delays, strategies focused solely on cost savings have taken a back seat in the post-pandemic world, and efforts are being directed towards building more agile and resilient supply chains. It is here…
The recent shipping container shortage that’s left everything from soybeans to smartphones idling in ports threw global trade into chaos. While shippers were scrambling to keep their goods moving, the import/export imbalance pushed ocean rates to eye-watering levels. So, where have all the containers gone? Many remain stranded in inland depots, and hundreds more are…
It’s been a little over one month since the much anticipated Brexit went into full effect, and shippers across the UK and Europe have been experiencing an avalanche of delays and documentation. Businesses in the UK and organisations trading with the region are looking for ways to mitigate risks as the realities of Brexit have…
Did you know that optimizing your freight management could cut shipping costs by up to 30%? Yet, many companies miss out on these savings by focusing only on individual shipments rather than the entire supply chain. Freight optimization isn’t just about finding the fastest route—it’s about transforming every stage of the process, from sourcing materials…
When shipping is an integral part of your organization, managing and processing invoices and making timely payments becomes a critical task. It is crucial that you have a system in place that ensures visibility over freight invoice processing and payments. When done right, it will become an opportunity to save costs and ensure process efficiencies. …
Whether you are a big company with thousands of shipments per month or run a small business with few shipments occasionally, efficient freight negotiation with shipping companies is crucial to your bottom line. If done right, it is the simplest way to drive cost savings every time you ship. Being in control of how much…
The covid-19 pandemic’s onset brought global supply chains’ fragilities into sharp focus and magnified the need for organisations to build resilience and agility into their systems. While the world might be gradually recovering from the Covid backset and bouncing back to normalcy, the truth is that there may not be a ‘stable state’ for global…
As more and more organisations are exploring ways to leverage advanced technology, the supply chain industry is increasingly becoming AI-driven. While artificial intelligence-based solutions have infinite uses, so are the concerns surrounding this technology. Today, enterprises can use these solutions to gain predictive capabilities and optimise their business. In this article, we discuss various aspects…
The global logistics and container shipping industry are mammoth, and keeping them in a smooth motion and overcoming obstacles is quite a challenge. While most of the world’s cargo continues to get shipped in containers, container shipments face their own set of problems too. As a shipper, one of the best ways you can minimise…
As a shipper, one of the best ways to minimise risks and unpleasant surprises when shipping your goods is to keep a close track of your shipment’s movement. Undoubtedly, the key to running a smooth supply chain is to have real-time and end-to-end visibility over the location of your cargo. Earlier, logistics managers had to…
When it comes to supply chain networks, the bigger the business, the more complex its supply chain management tends to get. Moreover, ever-increasing competition in the market and rising customer expectations have further added to this complexity. While the market may have left organisations with Herculean challenges to overcome, a crucial relief is the emergence…
