The complexity of supply chains has increased in recent years due to new developments in technology. Therefore, the new system must effectively manage products while improving their performance. Artificial intelligence and automation, supply chain as a service, circular chain, risk management, and an important contribution to security and sustainability are the developments in chain management…
The current climate crisis has urged industries to rethink their practices and find sustainable solutions to reduce their environmental impact. The logistics industry, being a significant player in global transportation and supply chains, is no exception. Sustainable logistics is gaining increasing importance as companies recognize the need to align their operations with greener practices. From…
In this guide, we will define detention and demurrage, explore the current state of these charges, and provide actionable steps that supply chain managers can take to avoid them due to port congestion by ensuring complete visibility. Understanding Detention and Demurrage: Detention charges apply when containers are held at a terminal or depot beyond the…
Although carriers can collaborate directly with shippers, they seldom do. Finding clients is time- and money-consuming and particularly challenging for startups. As for the shippers, they don’t want to be concerned with selecting a carrier that fits their financial and schedule requirements, confirming its dependability, and maintaining contact until the items arrive at the recipient….
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…
Amid countless technologies that continue to present promising opportunities to the supply chain industry, blockchain has emerged as a critical innovation, with the potential to revolutionise digital supply chain management. With supply chains growing more complicated by the day, using blockchain technology can help organisations record relevant information more efficiently, making way for improved transparency,…
If you are in the manufacturing business and want to export your goods to other countries, this freight service article is for you. We will discuss the three modes of freight services used for shipping abroad and also throw some light on choosing the best mode of shipment based on your type of business or…
