Research shows that only 30% of shipping quotes from forwarders are provided in 48 hours or less. 14% take over 4 days and over 40% of quote requests are never responded to. What happens when your forwarder does not quote to you in time?1. Your shipments get delayed because you don’t have clarity on the price…
According to freight waves, Businesses overspend on shipping by a minimum of 13% every year. In this challenging scenario, manufacturing companies and shippers are struggling to deal with soaring freight costs to secure competitive prices. Without an efficient solution in place, freight bidding can become a painstaking process that can take weeks of back-and-forth vendor…
The days of the Excel spreadsheet is over. Supply chain digitization transforming the management of your global logistics process. The Industries that are genuinely thriving nowadays share something significant in common: a digitized logistics process. And why not? Digitization is the answer to a lot of problems. We have moved on from the primitive times…
GoComet has simplified your quote procurement and negotiation for international freight. We didn’t stop at this. We are focussed to solve all your problems related to shipping. Have you ever felt it very cumbersome to tracking and tracing all shipments on multiple websites as you are using multiple carriers? Have you ever wished that all…
Is the market rising or is it falling? Did this question ever cross your mind? SENSEX! I am not talking about that but you are close enough! Ever seen an index for global freight? Look no further. Introducing GFI, GoComet Freight Index. GoComet Freight Index is a shipping index reflecting the fluctuation of spot rates…
This is your Auditor speaking, happy Friday to you. “Of the total 3600 shipments sent last year, please explain why in 2796 cases, export vendors with lowest quotes were ignored to give export orders to vendors who quoted higher prices. Please explain what kind of negotiations were done with the vendors for these 2796 shipment orders and…
Imagine you have 6 vendors for a particular service with the same offering, but you can buy from only one. How do you ensure that you get the best price? You mostly do simple negotiation. In simple negotiation, you call or email each vendor and ask for a quotation. Once quotes are in, you speak…
“Ah! I can hire one person to do that job instead of using technology” We hear this and we cringe in fear. This is a sure-shot way to oblivion. History has shown enough that you can’t stop a change whose time has come. If hiring one more person was a substitute for technology, we’d still…
There are a few things to take into consideration while choosing the best method to ship your goods. Choosing the right service between air freight vs sea freight will help you bring down costs and bring inefficiencies in your shipping process. Cost / Price As a business owner, before shipping goods, you need to check…
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…
The pharmaceutical exports of India are growing steadily and the future looks even brighter. With fewer challenges and more opportunities for the Indian Pharmaceutical giants, the export sector is surely going to add to their business in a significant way. Trade experts feel that Indian companies need to keep up the innovation and aggression to…
