As the coronavirus disrupts every walk of life, how are supply chains going to rebuild their resilience and improve risk mitigation in the future? The relentless nature of the COVID-19 pandemic has caused unprecedented chaos. In every sense, life has been upended....
Detention and demurrage: Two words with the potential to add significant costs to the bills of both importers and exporters. For some, it’s big business. Maersk brought in almost US$1 billion in detention and demurrage charges in 2018, against total revenues of just...
Shipping is a vital part of any supply chain, be it on road, rail, sea, or air. Ensuring safe delivery of the product into customer’s hands is essential. As shipments travel miles from their origin, often from an overseas factory, to their final destination, they are...
Today’s globalized supply chain is no longer a simple linear chain, but rather a complex, demand-driven network spanning different countries around the world. With complexity new challenges arise and the need to diagnose and overcome these challenges. There are...
What is Cargo Theft? Cargo Theft is defined as the criminal taking of any cargo as the products pass through the global supply chain. The products moving between the point of origin and the final destination are being exposed to exploitation by creative and highly...
