A wrong transportation management system can really hurt your company. If you don’t evaluate if the platform generates expected results, then it could be a huge waste of money and time — and that would not make anyone happy! The right transportation management system can make all the difference. If you’re managing freight spend, customer…
As a business, you should carefully evaluate and select the optimal mode of shipment for your needs. This decision will help determine if there are any potential savings or extra revenue opportunities by exploring different carriers with TMS software that can analyze costs based on specific criteria such as distance traveled versus price paid per…
Supply chain professionals face a daunting decision when selecting the right transportation management system (TMS Software) for their organizations. With several entrants joining this space recently, it has become more difficult than ever to decide on an appropriate solution that is also cost-effective and suits your needs well enough before choosing one with these features…
Choosing the right shipping line is one of the most integral and crucial aspects of a supply chain manager’s job. If made correctly, it is one of those decisions that could impact the business positively. If not, the consequences will have a lasting impact. So should you choose a shipping line based on its popularity…
Your logistics expenditures include a sizeable amount of your shipping demurrage charges. To examine and optimize them, you need a tool. Real-time cargo monitoring gives you the necessary information about the whereabouts of your shipments at any moment, helping you to streamline your cargo and save demurrage costs. We already discussed what are demurrage expenses….
Do you know the average detention charges can reach up to $50-$100 per container per day and accrue up to 20 times the container’s value? But what are these detention charges? When a ship is unloaded, free days are given to the consignee to unload the goods and return the container to the shipping company. If undertaking…
Shipping as an industry is interconnected like no other! As the Russian invasion of Ukraine extends into its fourth week, its effect on an already stressed shipping industry continues to hammer what is believed to be a long path of recovery. In the last two decades, there has not been a time where the magnitude of the…
Russia’s invasion of Ukraine has quickly developed into a humanitarian crisis. While disruptions in business cannot compare to human tragedy, the impact of the conflict is causing a domino effect in more aspects than one. The crisis is plaguing global trade by triggering an extensive supply chain disruption. In an increasingly globalised and interconnected supply…
At a time when major shipping lines have already seized their operations into Ukraine, which has led to an impact in the western Mediterranean and the Black Sea; the ongoing Russia-Ukraine crisis has now prompted the world’s three biggest container lines — Swiss-headquartered MSC, Denmark’s Maersk, and France’s CMA CGM to announce a temporary suspension…
The Russian invasion of Ukraine has set a worldwide ripple effect in motion. Fluctuating currencies, swinging stocks, soaring energy prices – the ordeal seems long. The global supply chain crisis against which industries have been fighting hard for the last couple of years is now plagued with a fresh set of challenges. The Russia Ukraine…
With the impact of COVID-19 slowing down supply chains, are US retailers and consumers ready to handle the holiday demand and deliver on their promise to customers this Christmas. Find out how US Retailers must plan to cope with Holiday season’s demands and cater to their customers with globally slowed supply chains. Recap of pandemic…
What if you could bring down your average response time to supply chain disruptions from months or days to mere minutes, say up to 90% faster than before, wouldn’t you be embracing that possibility immediately? And what if you already have half the solution in hand and only need to work on getting the other…
Polymers International improves customer service by automating shipment tracking Geography: Global | Module: GoTrack Automated Shipment Tracking “ With GoComet’s platform, we’re all accessing the same information flow to get live updates on our shipments. We no longer have to waste time relying on internal emails, meetings, shipping lines’ websites, etc., for updates on cargo…
As global supply chains continue to face unprecedented disruptions, meeting the ever-growing demand while optimizing lead times and reducing inventory costs remains challenging. As a result, companies are now willing to explore better alternatives to traditional logistics, which would provide improved economies of scale and a faster return on investment. However, what is a better…
As per a study conducted by Gartner, more than 50% of organizations have not yet actively started to build a roadmap for supply chain digital transformation. If you are in this category and are still contemplating how to choose a multi-modal logistics platform that works best for your company, let us give you a simple…
[Case study] Leading chemical distributor uses real-time visibility to mitigate port congestion Geography: Global | Module: GoTrack Automated Shipment Tracking “ The extent of the congestion crisis has reached unprecedented levels and is costing millions of dollars each day. While there seems no light at the end of the tunnel, live visibility over port delays…
Learn how Amazon’s innovative supply chain strategies help it excel in fulfilling customer orders.The e-commerce giant has been able to handle supply chain crunches better than most retailers. It has done this by having a very strong inventory management system that tracks the inventory of every item in its warehouses across the country. The company…
The recent Ningbo port congestion piled up more pressure on the already strained global supply chains and affected businesses adversely, especially in the US. This article looks at everything that led to the disruption and how shippers can mitigate the impact of such events in the future. The Ningbo Port in China’s Zhejiang Province was…
[Best Practices Guide] Transforming the Life Sciences Supply Chain With Automation Pharma | Chemicals | Biomedical | Medical devices & more So, what does this increasing need for resilience mean for the life sciences supply chains? Today, the industry is at a critical juncture where a data-driven digital framework has become a prerequisite; embracing supply…
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…
