10 Biggest and Fastest Ways to Save in Global Supply Chains

    Ship smarter, worldwide: 10 Strategies for success

    Streamline, save, and strategize across every border with these action-oriented tactics that maximize efficiencies and performance.

     

    Few companies can fill a container with their own freight. Work with a freight consolidator to get better rates and increase cargo security.

    • Basic
    • Wider range of savings

     

    Understanding the risks and purchasing the right type of insurance can help protect the value of the goods you ship globally.

    • Basic
    • Narrower range of savings

     

    Achieve continuous improvements in real time by using a provider that has a single system TMS architecture that works across all regions and covers all types of transportation.

    • Basic
    • Wider range of savings

     

    Develop a plan to spend more on shipping but less on inventory, storage, returns and other costs by shipping smaller quantities more frequently.

    • Advanced
    • Wider range of savings

     

    Identify and understand the risk types, probabilities and potential costs to buy the appropriate amount of ocean cargo insurance.

    • Advanced
    • Wider range of savings

     

    Integrate to a single transportation provider’s TMS to connect with suppliers and carriers globally, without having to integrate each one of them separately to your system.

    • Advanced
    • Widest range of savings

     

    These rules define the responsibilities of sellers and buyers for the delivery under sales contract, and they establish where the transfer of risk takes place. Understanding how to use them can help you save money.

    • Complex
    • Wider range of savings

     

    A customs expert can help you navigate each country’s compliance requirements with their own specific set of customs rules, governmental regulations, VAT, duty rate calculations, and payment plans.

    • Complex
    • Wider range of savings

     

    Leverage your transportation provider’s business intelligence reporting and analytics to improve your supply chain performance.

    • Complex
    • Narrower range of savings

     

    Manage shipment windows, work with overseas vendors to coordinate bookings, manage exceptions, collect and distribute documents, and provide reporting at the shipment PO/line item.

    • Complex
    • Wider range of savings

     

    Global shippers

    Opportunities

    • Omni channel business
    • Increasing levels of global sourcing

    Challenges

    • Longer and more complex supply chains
    • Rising costs of supply chain management

     

    Download infographic PDF 

     

    Work with C.H. Robinson to learn more about how you can increase savings in your global supply chain.

     

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