For many shippers, it felt like 2021 might sink their supply chain with disruptions at nearly every turn. And many more are struggling to keep up when it comes to tracking their containers, managing demurrage and detention fees, staying on top of transportation spend and allocating resource capacity. In response, a new video series from FourKites highlights and offers solutions to these challenges:
Introducing Ship-Shape, a video series exploring how supply chain leaders can optimize their international shipping operations.
In the first episode of the six-part series, Chris Stauber, VP of Products for International Solutions at FourKites talks about why true end-to-end visibility is necessary for international shipping. With constraints at the ports, capacity issues and fees affecting the supply chain, supply chain managers are having a harder time with their supply chain planning and optimization. Technology can help alleviate these challenges by bringing together information from the very beginning of the shipment all the way through to final delivery.
“Visibility is not just dots on a map. It’s a single pane of glass that gives you actionable insight across your international supply chain,” said Chris Stauber, “That single pane of glass includes all the modes of transportation from ocean, rail, air and over the road. And it also includes the points in between the handoffs and the data that you get from the terminals and all the constituents in the supply chain.”
Other episodes of the video series cover costs and fees, transportation spend and mitigating risks and major changes to your supply chain. In detail, they will cover:
Having visibility into your international supply chains allows organizations to mitigate risks. Visibility is more than location data, but actionable intelligence to inform your business decisions. Configurable notifications help ensure that you know the challenges that await you before they happen.
Because of the ocean chaos, shippers are seeing longer dwell times and huge increases in accumulating demurrage and detention fees. Even ports are starting to charge additional fees for longer dwell times. We will discuss ways shippers can reduce these fees and save on transportation costs.
The state of supply chains that we’ve seen in the last 18 months is unprecedented and we will continue to see the ripple effects for years to come. Organizations are already changing the ways they are navigating through the global supply chain, but how can your organization make changes to optimize their supply chain as these changes continue?
Transportation spend is continuing to eat up a larger portion of the total cost of goods sold (COGS) than ever before. We discuss how transportation managers can manage costs, reduce fees and remain profitable as transportation costs remain high.
The effects of climate change are causing disruptions to the global supply chain, including Hurricane Ida and flooding in Western Canada in 2021. These disruptions are causing delays, increased costs and a reduction in customer satisfaction. We will discuss visibility as a crucial tool to build a resilient supply chain.
To sign up to get these key recommendations straight to your inbox, click here.
