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…
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…
As the world continues to grapple with the pandemic, the increasing new COVID outbreaks in China could lead to further global supply chain disruptions, the reason why experts are talking more about supply chain issues 2023 and how to deal with these challenges. China is a crucial player in the global economy and a key…
Online shopping for heavy and large delivery products like furniture, appliances, and wholesale electronics is growing more popular as people rush to e-commerce platforms for purchases. According to a Statista analysis, the global market volume for furniture and appliances in e-commerce was $383.2 billion in 2020. Small packages are easier to send than large delivery…
The time between placing an order and when it is delivered is known as the “delivery lead time” in the supply chain. It is crucial for supply chain management and can be a useful metric for handling logistics and inventories. There are three supply chain scenarios where accurate delivery times are important. They first give…
The changing schedules of millions of vessels make shipping more difficult for importers and exporters each year. For any stakeholder in the supply chain, managing all these vessel delays can be challenging and expensive. Having the most recent sailing schedule is maybe the most crucial edge you can provide yourself over other freight forwarders in…
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…