Port congestion is a major challenge in today’s supply chains, often leading to unpredictable delays. The good news? You can mitigate these disruptions with proactive measures. By following three simple steps, GoComet’s port congestion tracker helps you stay ahead. Our machine learning algorithm analyzes data from over 45,000 containerized shipments monthly, monitoring congestion at major…
Supply chain management is a complex network that links businesses, individuals, and processes to transport goods from manufacturers to consumers. As companies evolve, they aim to be versatile in coping with unexpected business disruptions. As a result, supply chain intelligence transitions from a mere aspiration to an essential requirement. Why do businesses need supply chain…
Supply chain disruptions are one of the costliest challenges faced by organizations worldwide. According to a survey conducted in 2021, supply chain outages are an economic burden that costs companies an estimated $184 million annually. Delays in receiving shipments on time due to lack of transportation visibility can cause a ripple effect throughout the entire…
Businesses are always on the lookout for transportation solutions that offer cost savings, faster transit times, and improved sustainability. This is where options like intermodal transportation come in as a revolutionary game-changer, offering several advantages businesses simply can’t afford to overlook. According to the Intermodal Association of North America, 95% of manufactured goods are transported…
As a business function, the supply chain has been lagging in adopting digital tools until the last 5-6 years. More importantly, it was primarily seen as a cost center rather than a value and business driver. A study conducted by McKinsey indicates that the supply chain, as a business function, has a digitization level of…
Located in San Pedro Bay, 25 miles south of downtown Los Angeles, the Port of Los Angeles (POLA), the busiest container port in North America, has maintained its status as one of the biggest ports in the world for over twenty years. The port supports a productive, sustainable supply chain through modern technology that enhances…
Over the last two years, as supply chains are being forced to respond to various disruptions, the need to invest in risk mitigation strategies has come to the forefront. A recent Statista survey found that 72% of businesses are still suffering from the adverse effects of the pandemic. As global supply chains continue to face…
Online shopping for heavy and large delivery products like furniture, appliances, and wholesale electronics is growing more popular as people rush to e-commerce platforms for purchases. According to a Statista analysis, the global market volume for furniture and appliances in e-commerce was $383.2 billion in 2020. Small packages are easier to send than large delivery…
The global supply chain trends are a result of the quickly developing logistics industry and keeping up with the current era’s rapid technological breakthroughs. Although it can be challenging for supply chain managers and business executives to keep up with these developments, doing so is essential to maintaining the resilience of your supply chain and…
The changing schedules of millions of vessels make shipping more difficult for importers and exporters each year. For any stakeholder in the supply chain, managing all these vessel delays can be challenging and expensive. Having the most recent sailing schedule is maybe the most crucial edge you can provide yourself over other freight forwarders in…
Two of the biggest problems businesses face today are providing a fantastic delivery service and reducing costs in supply chain and logistics operations. It’s challenging to balance these two deliverables. Therefore, it becomes necessary to adopt technologies like route optimization software and logistics management software. Route planning is essential when it comes to ensuring on-time…
Amazon’s Fulfillment by Amazon (FBA) service allows third-party vendors to store their products in Amazon’s fulfillment centers while Amazon picks, sorts, packs, ships, keep track of, and handles returns and refunds. As an Amazon FBA seller, you are not responsible for the cost of packaging, handling, or shipping your products. You are assessed an FBA…
The global freight forwarding market was about 186 billion USD in 2021 and is predicted to rise at a CAGR of 3.3% until 2028. Supply chain technology breakthroughs are driving this market growth, and one such helpful technology is freight forwarding software. Every freight forwarder is aware of the inevitable digitization of the freight forwarding…
According to the number of domestic TEUs and total tonnage they handled, we will examine the largest sea ports in the USA. This list of seaports in the U.S. ought to provide you with a clear picture of the facilities’ overall capability. The vast majority of global trade takes place above the waves of the…
In the wake of the pandemic’s second year, the world’s supply chain is yet to completely recover from its initial breakdown. Frequent reports of congested ports, misplaced shipping containers, skyrocketing freight charges, and other issues that are disruptive and difficult to resolve have become quite common. The ability to withstand supply chain and market interruptions…
Shipping software is more than just an easy-to-use platform for managing your logistics operations. It can help companies save money, reduce processing time and scale up, and improve accuracy with reports or dashboards added to give you all the information needed in one place! Shipping software is not just for the big players Most Tier…
Shipping is an intricate process. A business may or may not have the workforce to employ a complete shipping department to handle all the complexities. Fortunately, modern technology has enabled us to automate most of the complications that traditionally accompany product shipping. Online shopping is increasing so swiftly, especially after the pandemic. In the US…
While TMS software has become popular in the last few years, the recent disruptions in the global supply chain, including the pandemic, Russia’s invasion of Ukraine, geopolitical tensions and natural calamities, have made companies fast-track their supply chain automation process. As supply chain leaders look out for the best solution among the thousand options available,…
Fleet management software, traditionally exclusive to giant enterprises with vast fleets of vehicles, is now a rapidly expanding requirement among businesses of all sizes. Fleet managers can automate and streamline various fleet-related operations precisely and effectively using good fleet management software. A comprehensive fleet management system will allow you to monitor every part of your…
A wrong transportation management system can really hurt your company. If you don’t evaluate if the platform generates expected results, then it could be a huge waste of money and time — and that would not make anyone happy! The right transportation management system can make all the difference. If you’re managing freight spend, customer…
