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…
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…
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 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…
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…
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…
Germany is one of the most critical players in the global trade and maritime industry, and its top seaports play a significant role in this. The ports of Hamburg, Bremerhaven, and Wilhelmshaven are among the busiest in Europe and handle a large volume of cargo, including containers, bulk goods, and vehicles. These ports are important…
