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…
Supply chain management is a complex network that links businesses, individuals, and processes to transport goods from manufacturers to consumers. As companies evolve, they aim to be versatile in coping with unexpected business disruptions. As a result, supply chain intelligence transitions from a mere aspiration to an essential requirement. Why do businesses need supply chain…
In today’s globalized world, logistics management plays a crucial role in the success of businesses engaged in international trade. Effective logistics management is essential to ensure that goods are transported efficiently and cost-effectively from one location to another. It involves coordinating the movement of goods, managing inventory, and optimizing supply chain operations to minimize costs…
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…
Shipsy was launched in 2015 and is an AI-powered platform that empowers global businesses to optimize, automate, track and simplify end-to-end logistics and supply chain operations headquartered in India. The following article provides a comprehensive product review based on extensive online research and reliable data from trusted review sites such as G2, Capterra, and Trustradius….
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…
Project44 is a transportation and logistics software company headquartered in Chicago. The following article covers an in-depth product review based on online resources and data from trusted review sites such as G2, Capterra and Trustradius. An overview of Project 44 The company offers a logistics tracking and analytics platform, supporting freight ETA, pickup and delivery…