There’s no doubt that globalization has resulted in more complex and expansive supply chains. But at the same time, today’s customers also want to get their orders faster, so businesses must be more responsive. Staying ahead, then, often seems to mean balancing those two dueling demands. And among different global shipping options like air, ocean full container load (FCL), and ocean less than container load (LCL), working out the logistics can feel like a tall order.
Staying on top of shifting retailer requirements can be overwhelming—especially if you’re working with multiple retailers.
Variable and unanticipated demands often bring unique challenges to retail supply chains and transportation. That is why it is vital to work with a provider that has a deep understanding of each retailer’s supply chain goals, operations, and compliance requirements.
Transporting goods around the world is not without certain risks. And if you’ve ever shipped something internationally, you realize just how many things could go wrong while goods are in transit. That’s where cargo insurance comes in.
Our industry’s cyclical pattern of tension and slack has become familiar to many of us. Freight volumes (demand) and active supply (trucks, drivers, trains, and containers) seek balance, but often fall somewhere across the balance spectrum. Currently, we are early in a shift from high tension to low. As such, there are several trends to keep an eye on as 2019 progresses.
Industry trends can either support your goals or wreak havoc on them. With the continued increase in supply chain complexity and greater pressure to keep inventories lean and accelerate shipments, is your supply chain ready for what 2019 has in store?
Categories: Global Forwarding