Introduction The holiday season is a crucial time for businesses, but it can also be a logistical nightmare in the world of supply chain management. As the holidays approach, last-minute shoppers are in a rush to get their gifts on time, and businesses need to ensure that they can meet this demand efficiently. In this…
Introduction Effective procurement management is crucial for companies hoping to maintain their competitiveness and experience sustainable growth in the fast-paced business environment of today. Cost optimization and realizing large savings are two important components of successful procurement. Businesses are using procurement cost-saving technologies that streamline procedures, boost productivity, and pinpoint cost-saving opportunities to achieve this….
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 refers to charges incurred when containers are held at a terminal or depot…
In today’s globalized world, efficient supply chain management is crucial for businesses to thrive. However, disruptions such as port congestion can significantly impact delivery schedules, leading to frustrated customers and compromised production cycles. This case study explores how a leading chemical distributor overcomes these challenges by leveraging real-time visibility solutions. By implementing these strategies, your…
Are you facing challenges with port congestion in your supply chain operations? If so, you’ve come to the right place. Port congestion is a significant issue in the supply chain industry, and its impact can be unpredictable and volatile. However, it’s important to note that the situation is not always as dire as it may…
Businesses are always on the lookout for transportation solutions that offer cost savings, faster transit times, and improved sustainability. This is where options like intermodal transportation come in as a revolutionary game-changer, offering several advantages businesses simply can’t afford to overlook. According to the Intermodal Association of North America, 95% of manufactured goods are transported…
Being routinely informed about the progress of all your foreign shipments is essential to operating your supply chain effectively. In the event of any disturbances, having visibility on shipment containers will enable you to act quickly and wisely. Today, a number of internet applications for sea cargo tracking will allow you to track and trace…
Shipping software is more than just an easy-to-use platform for managing your logistics operations. It can help companies save money, reduce processing time and scale up, and improve accuracy with reports or dashboards added to give you all the information needed in one place! Shipping software is not just for the big players Most Tier…
While TMS software has become popular in the last few years, the recent disruptions in the global supply chain, including the pandemic, Russia’s invasion of Ukraine, geopolitical tensions and natural calamities, have made companies fast-track their supply chain automation process. As supply chain leaders look out for the best solution among the thousand options available,…
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…