The Israel-Palestine conflict has raised significant alarm about the possibility of disruptions in the global supply chain. This ongoing dispute has triggered concerns over potential bottlenecks in shipping, surging freight rates, and unpredictable delivery schedules, all of which present a substantial hurdle to the smooth operation of worldwide supply networks. Additionally, the lack of clarity…
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…
Global port congestion in Q2 2023 had improved significantly from its peak in Q4 2021, but it is still far from normal. The main factors that have contributed to the improvement are the easing of COVID-19 restrictions, the return of some ships to service after being idled during the pandemic, and the deployment of new…
GoComet was featured in G2’s Spring 2023 reports across multiple categories to earn ten badges. Included with Leader badges in three categories, High Performer badges are two awarded to the single, highest-ranking company in the category: two Best Support badges and three Easiest to do Business with badges testify that GoComet is your best partner…
As the $12 Billion global supply chain industry continues to grow at an impressive rate of 12% per year, it’s surprising that standardization is still sorely lacking in many areas. For instance, despite being a truly international industry, there is very little uniformity when it comes to freight invoicing naming conventions. This variability is primarily…
As a business function, the supply chain has been lagging in adopting digital tools until the last 5-6 years. More importantly, it was primarily seen as a cost center rather than a value and business driver. A study conducted by McKinsey indicates that the supply chain, as a business function, has a digitization level of…
Since 90% of all global trade relies on ocean freight, it is evident that the maritime shipping industry is crucial to the survival and growth of the global economy. One of its most essential stakeholders in maritime is the busiest ports in the world, specifically, the ability of these ports to control the flow of…
The recent earthquake that struck Turkey and Syria has had a devastating impact on the global supply chains. The quake, with a magnitude of 7.2 on the Richter scale, has caused massive destruction in the affected areas and resulted in significant loss of life and property. The Turkey-Syria earthquake impact has far-reaching implications for global…
Located in San Pedro Bay, 25 miles south of downtown Los Angeles, the Port of Los Angeles (POLA), the busiest container port in North America, has maintained its status as one of the biggest ports in the world for over twenty years. The port supports a productive, sustainable supply chain through modern technology that enhances…
Bottomline: What’s the right solution for you? A custom-tailored system or a ready-made TMS? If you want to choose an automation solution that best suits your everyday business needs and budget, then it would be wise not to spend too much on extensive TMS software. These systems can get expensive over time if there are…