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Less than Container Load (LCL) shipments are complex, very complex. With multiple moving parts, LCL shipments can be overwhelming and intimidating, but they do not have to be. Utilizing LCL shipments can ensure that you don't have to worry about holding inventory longer or over-buy to stay at FCL volumes. Ok, thats sounds lovely and promising, but … Continue reading Understanding LCL Shipments – VIDEO post
Third-party logistics (3PL) provider Unyson recently created a guide to common LTL accessorial fees. This guide defines each fee and how to avoid these extra costs! Since carriers have almost no incentive to reduce accessorial fees, and they account for about half of a carriers’ total annual revenue, we thought this great infographic makes a … Continue reading Reduce LTL shipping costs with this LTL Accessorial Infographic (Guest post)
This interesting insight on the impact of extreme weather on contracts of carriage has been reproduced from Gard. Extreme weather can have an impact on many aspects of the contracts of carriage entered into by shipowners and operators; from deviation, load and discharge port issues, to cargo damage and frustration of the contract. Extreme weather events … Continue reading The impact of extreme weather on contracts of carriage
Follow these best practices to cut costs and avoid mistakes when choosing modes and carriers. Ask any logistics veteran to talk about mistakes they've seen when selecting transportation modes and carriers and you might be in for a long conversation. Some will talk about rescuing shippers who had problems after basing decisions on price alone, … Continue reading 10 Tips for Transportation Sourcing
Industry and its parts are ever evolving. Since the dawn of time, people have worked hard to make things work better and more efficiently. With the advent of new technology and its sophistication, we are witnessing an evolution of the workings of industry into what is known as “Industry 4.0” or the smart technology era. … Continue reading Smart Manufacturing of the Future – Infographic
This post (Infographic) is from Jamie Addis who is the Director of Insite Portable Accommodation. It provides an insight into the shipping container revolution detailing some of the many impressive buildings which have been created from shipping containers around the world.
I recently came across a quote from Fabian Ziegler, the CPO for Shell, at this year's World Procurement Congress in London who said, "Procurement is a relationship business." An article by Steve Kiefer, GM's purchasing chief, called "Relationships Matter" echoes this sentiment. Fabian's quote is especially resonant because building business relationships - both internally and … Continue reading 9 leading CPO’s on how they improve relationships with their business partner
A company's supply chain consists of all entities involved in completing a customer sale, including suppliers, manufacturers, distributors, logistics providers, retailers, and customers. Supply chain functions include product development, marketing, distribution, procurement, and sourcing. Although people may use the terms interchangeably, procurement usually refers to the operational aspects of a company's strategic sourcing of components … Continue reading What Is the Difference in Supply Chain Procurement vs. Sourcing?
As of April 1st 2017, there are just three global shipping alliances: “2M”, “The Alliance” and “Ocean Alliance” “2M” - Maersk and MSC have a combined capacity of about 6 million TEUs, and that’s about 29.5% of the overall global market share in container capacity. Maersk’s plan to acquire Hamburg Sud would push 2M’s container market … Continue reading The New Shipping Alliances Infographic
New actors aim to reduce waste in the brokerage process using data, apps and online marketplaces. Freight forwarding is seen as a relationship business by traditional forwarders. They coordinate various aspects of moving cargo from point A to point B, while shipping clients outsource the worrying and details to the forwarder. In the past, and … Continue reading How technology seeks to optimize the freight forwarding process