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How to Take the Risk Out of International Container Logistics

Warehouse Logistics - Ante Air Logistics

            Logistics Warehousing Supply Chain Management

Trust plays a crucial role for any business to function effectively. What’s scarier for businesses today than all other factors combined is the dilemma of trusting individuals and service providers.

This is highly prevalent in the case of container owners who encounter trust issues when it comes to international shipments. The uncertainty over whether the resources will be properly delivered to the prospective customers without getting damaged is challenging for many.

Even if the containers are returned in bad conditions and there are legal Damage Protection Plans to compensate for the loss, the real point of worry is the change in customer perception. In simple terms, the change of opinion towards the product and the business provider.

There is no doubt that dissatisfied clients may not only choose to discontinue services forever but may also recommend against the vendors to their known contacts.

Thereby in such a situation, the risk is getting doubled as vendors not only lose an existing customer but also a potential lead. A bad reputation can tarnish the hard-earned business image.

Some of the possible risks involved in international container logistics involve, loss and damages to containers, incurring unexpected additional costs, experiencing delays, miscommunications, inaccurate documents, container shortage, freight rate fluctuations, and disruption of services in the supply chain.

The external elements that may contribute to the risks are fire, flood, theft, yard cranes, mishandling, etc.

Reports by the Statista Research Department states,

In terms of value, it is believed that global seaborne container trade accounts for approximately 60 percent of all world seaborne trade, which in 2017 was valued at approximately US$ 12 trillion.

The world’s merchant container ship fleet had a deadweight capacity of around 266 million metric tons in 2019. As of January 2019 the world’s merchant fleet had 5,152 container ships.

Globally, containerized seaborne cargo stood at about 1.83 billion tons loaded in 2017.

Some of the ways in which your business can mitigate the risk of international container logistics include,

Choosing only those companies that have a strong social media and digital presence.

Good user ratings and reviews are highly influencing factors that govern customer decisions. Because internet searches are the most viable and easiest methods customers use to find new businesses.

For the international movement of goods, there should be proper documentation that complies with licensing requirements, regulations, and policies.

The documentation should additionally contain relevant information including customs documents, import permits, certificates of origins, health and safety certificates, commercial invoices, etc. There should be accuracy in detail as any form of discrepancies may cause delays.

Utilizing technological tools to enhance the services and to optimize the entire process.

Various tools provide unique security benefits. For example, electronic locks that cannot be tampered, reusable seals that automatically track the number of times a container might be opened, Unique Barcodes, RFID tags, and GPS trackers for monitoring the cargo and vehicles, and web-based services that provided status updates and tracking details to the customers.

Thorough background checks of all businesses and third parties involved.

Hire only those personals who have expertise in dealing with foreign countries and for whom language is not a barrier. Dealing with trusted agents is important who has adequate knowledge of rules, policies, and procedures of the destination country.

Having proper contracts with insurance companies so that the unexpected losses can be covered in cases of discrepancies.

The contract should also include detailed information regarding shipment contents and immediate emergency response practices that must be taken while transporting hazardous materials.

Other practices for mitigating the risks involved include,

Selecting only direct route or single stop itineraries to deliver products, avoiding shipping to high-risk areas that have higher crime rates, keeping the shipment and related information confidentially.

Most importantly minimizing the risk by building a stable logistics network to nullify the severity of issues.

This also includes risk hedging i.e. distributing the risk among multiple suppliers, following stick procedures, purchasing insurance, and having an integrated information system that provides complete logistics visibility. (Source)

Implementing the above-mentioned risk managing strategies for international container logistics operations can prove beneficial to build a reliable network while stepping into uncharted territory.

The competitive advantage gained through foreign trade can be easily erased by any kind of mishaps such as loss of products, robbery and damage. Therefore it is important for businesses to plan and execute risk management systems in order to protect the shipments, and increase protection.

There shouldn’t be any chances of loopholes. Avoid mismanagement by planning ahead of time.

 

How visibility solutions are fostering operational success across your business

Given that, how e-commerce is taking over the internet, consumers today have increasing expectations from businesses. The market landscape has become highly competitive.

The ever increasing demand, rising number of internet and smartphone users, automation, growing cross-border transactions, and introduction of new mediums is raising the bar for companies involved in logistics and supply chain management.

As consumers today demand visibility more than ever, there is a need to keep the tracking process dynamic. It has become a major factor that influences their buying decisions. Customers now associate faster delivery or services and visibility with professionalism and trustworthiness.

An increasing number of customers are also willing to pay extra taxes to receive their orders on the same day.

To provide a seamless experience, E-commerce giants like Amazon, eBay, and Flipkart are using multiple mediums to facilitate timely delivery. They have also introduced Premium membership plans for customers who want a faster service experience.

Supply chain visibility includes providing readily available accurate data to all stakeholders.

Technology has always remained instrumental in achieving optimal functionality. In terms of supply chain management, integrating technology can elevate the visibility of the entire process.

Tools like cloud services, APIs, mobile devices, IoT, and data analytics applications are increasingly being adopted.

Deploying the right technological or digital tools can be used to strengthen the distribution channels.

From monitoring the production cycle to gaining meaningful insights that are contained in transactions, exceptional visibility approaches guarantee a higher ROI.

When equipped with the right technology, supply chain visibility can provide information on selling opportunities, inaccurate orders, and overdue payments. Further allowing you to minimize operational costs and increase performance.

Supply chain visibility software use business intelligence and analytics to integrate and analyze various types of data streams to gain a single view across applications. Thereby helping you manage your responses to the supply chain events.

Some of the ways in which visibility software can help the entire process includes,

  • Minimizing costs by reducing disruptions in the supply chain
  • Shortening the time spent on obtaining regulatory compliance
  • Automating the accounting of requests for material products.
  • Solving problems in real-time by recognizing the success or failure in the process early enough to adjust results.
  • Improving customer satisfaction with the constructive enhancement of processes
  • Optimizing the logistics by understanding the failed processes better
  • Knowing what’s happening exactly at any given point of time, i.e. the exact status of the products.
  • Guarantees complete control to facilitate proper order fulfillment and maximized productivity.
  • Analyzing the performance of the suppliers or intermediaries involved
  • Faster settlement of outstanding payments and disputes.
  • Understanding network performance and readiness
  • Eliminating the unproductive nodes from the network
  • Monitoring security to avoid potential intrusions and penalties

Some of the supply chain visibility software include Zetes, Ratelinx, SAP Supply Chain Management, and Oracle E-Business Suite SCM.

Visibility solutions enhance a company’s growth potential. The need of the hour is to have complete transparency in the supply chain process.

To surpass the expectations of the customers, businesses need to adopt emerging technologies and solutions with efficient logistics infrastructure.

The complexities of the end to end supply chain operations should not hinder a business from providing personalized, fast, and seamless customer service.

From an end-user perspective, providing real-time visibility optimizes customer satisfaction.

On the other hand for businesses, having visibility is a method to mitigate the risks and problems associated with unfavorable events.

Visibility should be a clear cut strategy that must be prioritized. The flow of products from suppliers to retailers to the consumer in the supply chain needs proactive management. It will eventually guarantee higher sales, brand loyalty, and profitability. It’s time to analyze your level of visibility and existing methods to reinvent and foster operational success.

 

 

 

Getting Surface Transport Back on Track: The Road to Recovery and Beyond

The Covid-19 Pandemic outbreak has caused major workflow disruptions across all industries worldwide.

As a precautionary measure to curb the serious implications of the disease and also to avoid further chains of transmission, countries around the world declared nationwide lockdowns. Although it was a necessary move, the complete shutdown has brought serious economic losses.

Being one of India’s most popular modes of transport, surface transport which includes trains, highways, and roads, has been one of the worst-hit sectors.

As per reports by the Ministry of Road Transport and Highways, “Road transport accounts for approximately 60% of Indian freight movement and 87% of passenger movement”.

Due to the sudden halt in cross border movements, “regular truck traffic has fallen by below 10% of normal rates”.

“For the first time in 167 years, Indian railways were not operating” Such a long disruption of services was witnessed for the first time in history. (Source)

Reports also suggest that “The National Highways Authority of India suffered an estimated revenue loss of Rs 1,822 crore due to the suspension of national toll collection.” (Source)

Trucking which is an important aspect of freight transportation was deeply hit due to factors such as uncertainty over movement rules, states imposing restrictions and bans, labor shortage, non-availability of food and resources during transit, trucks being stranded in various states, closed warehouses with no staff, and most importantly the classification of goods as “essential and non-essential”.

The initial 15 days of lockdown also resulted in an accumulated loss of around 35,200 cores. (Source)

To reinstate the normal flow and to reduce the resultant economic impact, surface transport coordinators must come up with functional recovery and relief measures.

Partnerships between public and private can ensure maximum efficiency. The system needs to be agile to adapt and adjust accordingly.

A temporary increase in fares for premium services such as “AC” coaches but keeping the fares lower than airlines can help railways to mitigate the losses.

Creating dedicated freight corridors and establishing a network that remains unaffected despite free service disruptions. Considering property based liquidation of assets for increased cash revenues. To minimize operational costs, the frequency of food services must be reduced.

However, increasing fares for public transport may not be favorable, since it will result in a decline of ridership. Instead, increasing charges for extra services such as parking facilities and implementing congestion control fines can help in generating revenue.

In simple terms, depending entirely on rider revenues won’t suffice in the present scenario. Therefore generating revenue by having various alternative sources might prove beneficial.

Highways can consider charging higher prices for the transit of private vehicles on a temporary basis. This is necessary to mitigate the losses to a certain extent.

The Indian surface and freight transportation industry can also take references from certain advanced measures that are being implemented by countries across the world taking into account inclusivity and safety measures.

These measures focus on improving the quality of surface transport to make it more accessible and preferable for people. It will eventually contribute to profitability as riders will have their confidence revived in opting for surface transport.

 

Some of which includes:-

-> Reducing capacities taking the social distancing guidelines into account. Reducing load restrictions to avoid crowd gathering and using thermal imaging at stations and stops.

-> Integrating technology to automate transport functionalities that promote contactless services. Incorporating hand-washing amenities and enabling sanitizing facilities at stations.

-> Increased collaboration between governments and small fleet operators in the form of financial assistance. Need for enforcing clear guidelines and directives.

 

Although it is a time-consuming process, implementing these measures can help restore the surface transport to normalcy. Including the safety, practices will additionally persuade individuals to adopt surface transport services rather than using their own vehicles.

There should be effective long term contingency plans in place for dealing with similar situations in the future. These are unprecedented times that require extraordinary measures and efforts to tackle the situation.

Surface transport is an important aspect of the growth of an economy, especially in a country like India. Therefore it is highly important to develop a system that is agile and capable of adapting to challenging times. Building resilience is key to the future.

 

 

 

 

A Guide to Certified Supply Chain Professional (CSCP)

In recent years, global supply chain management has expanded progressively becoming a lucrative career option for individuals around the world. The field has vast opportunities in its primary functional areas.

Considering how an increasing number of organizations have permeated their production and supply chain activities from regional to international geographies, the degree of globalization has significantly changed. Thereby, making the industry highly competitive with new risks and challenges.

To connect, understand, and carry out efficient supply chain operations, professionals now require more than a degree. To adapt and better understand the changing landscape, supply chain professionals must have international certifications.

Out of the various certifications and education programs available, The Certified Supply Chain Professional (CSCP) program is highly valuable and the most recognized one.

 

What is CSCP?

Launched in the year 2006, the CSCP designation is earned by more than 24, 000 professionals worldwide in over 100 countries. It is a global standard in supply chain education. Certified professionals are equipped to make more substantial contributions to the organization than noncertified professionals.

It covers everything including working with vendors and customers to the flow of information, product, and money throughout the end to end supply chain.

The CSCP validates mastery of supply chain and operations management concepts.

 

Benefits of becoming a CSCP

Some of the advantages of becoming a certified supply chain professional include:

  • Higher salaries and competitive edge over others in the hiring process,
  • The ability to effectively manage global supply chain activities,
  • Extensive knowledge of SCM,
  • Increased professional value and respectably position,
  • Opportunity to work in all aspects of the supply chain,
  • Accelerated growth and a secure future.

 

By taking the CSCP certification, you are validating your skills in the domain of supply chain management. It paves the way for you to become an industry expert.

CSCP is critical to supply chain success because, it provides insights on how the various pieces operate together, grants an understanding of the communications and inter-dependencies across the functions, and promotes cooperation and collaboration.

 

Application and Examination Process 

To appear for the examination, you must meet the eligibility requirements first.

Eligibility requirements include,

  • 3 years of supply chain-related business experience or
  • Bachelor’s degree or the international equivalent or
  • CPIM, CLTD or CSCP, CTL, CFPIM, CIRM, SCOR-P, C.P.M., CSM or CPSM designations

 

Exam Syllabus and Pattern

The APICS CSCP exam is a comprehensive exam that has 150 MCQ. The time duration is of 3.5 hours.

The curriculum is divided into three main modules each with relevant sub-topics.

 

MODULE 1: Supply Chain Design

Core concepts of supply chain management, alignment of supply chain and business strategies, supply chain design and continuous improvement, planning and inventory control measures, fundamentals of logistics, market segments identification and management, demand forecasting techniques, effective CRM

 

MODULE 2: Supply Chain Planning and Execution

Sustainability practices in design and operation, technologies for design, data, operations, and communications, globalization effects on inbound and outbound logistics, measurement of, and efficiency & responsiveness in the supply chain, technologies for design, data, operations and communications in supply chain management, factors influencing demand, including design, marketing, selling & matching customer orders

 

MODULE 3: Supply Chain Improvement and Best Practices

Management of internet and external supply sources, supply chain dynamics, implementation of demand plans, tools, and techniques to support continuous improvement strategies.

 

From core supply chain concepts, strategies to manage the horizontal flow of business to using the right technological tools, the curriculum covers the best practices in SCM.

It also covers essential management and integration practices for the end to the end supply chain.

 

It is advisable to dedicate at least 6 months’ duration for the exam preparation.

The APICS CSCP online examination is conducted at globally distributed Pearson VUE Research Centers. The results are delivered instantly at the centers.

To qualify, you must posse real understanding and practical knowledge of supply chain management.

To keep up the pace with the dynamical changing and complex supply chain industry, being one of the top competitors can help you be the real game-changer.

Tips to Manage the Storage of Warehouse Logistics

TIPS TO M STORAGE OF WAREHOUSE LOGISTICSWarehouse storage management is an important aspect of logistics. To optimize savings, the warehouse should be managed efficiently and productively. When dealt properly it contributes to the growth of a business.

Most businesses make blunders and incur huge losses due to warehouse mismanagement.

As per reports, 34% of companies ship late because they sell products that are not actually in stock.

Human error is the biggest problem in 46 % of warehouses when it comes to goods management.

Therefore, warehouse storage management is an absolute necessity for any business to function properly.

Here are ten important steps on how to manage the storage of warehouse logistics.

Read more to find out.

The Warehouse Design and Layout

 For optimal utilization of space, the warehouse should be designed in a way that fits your storage requirements and also has additional features. Plan the design, structure, and layout of your warehouse carefully. Seek expert help to get the best results.

Certain factors that should be considered while designing the layout of your warehouse are:-

  • Will there be enough space to move goods around?
  • Are there racks and shelves to fit products of different sizes and shapes?
  • Will there be separate space to receive new stock?
  • Does it have ventilation ducts?

 

Color Codes and Labels

Make divisions using color codes and labels for easy retrieval of products. Follow a color scheme for various products so that it becomes easier for workers to find the exact location.

Allocate a particular color for products of the same type and keep those close for an organized appeal.

Label products clearly for identification and movement. The label should contain necessary details such as stock unit number and description.

 

Vertical Use of Space

To maximize the available space, store products in vertical height than horizontally. This helps in getting the most out of the designated area.

Place the racks accordingly to double the number of products that can be stored. Do not forget to place the high selling products within a reachable height. So that the employees won’t require extra equipment.

 

Place Products based on Popularity             

The correct placement of products is highly imperative.

Products that are popular and are frequently sold or moved should be placed in the easiest accessible manner. This saves time and effort.

Save the loading and unloading time by placing fast selling products close to the shipping area.

Products that are seasonal or of less demand can be placed at corners.

 

Allocate Separate Space for Receiving New Stock

 A warehouse that doesn’t have separate space for receiving new stock could be a complete disaster. In the absence of a receiving space, the normal workflow will be disturbed.

Since all other activities will be put to a halt to allocate room for unloading and storing new stock. The receiving unit should be away from the existing inventory.

 

Provide Adequate Training to Staff

 In the absence of well-trained staff or employees, even the most space-optimized warehouse could function improperly. Therefore, it is imperative to provide quality training to the staff on warehouse management and handling equipment. They should be given instructions on how to properly execute the flow without any discrepancies.

Give adequate training on safety, health, and hygiene practices. Conduct training sessions as per the need. Recruit new staff carefully and conduct performance assessments periodically.

 

Keep Clutter Away

 Warehouse management becomes efficient when the space is free of clutter. Place all items in an organized manner.

Unorganized or overcrowded space is an indication of a lack of efficacy, mismanagement, and revenue loss. Regularly remove unnecessary items such as packaging remains, wrapping waste.

Place dustbins wherever necessary, empty those frequently, and keep the area clean. Don’t keep adding things that serve no purpose.

 

Rearrange Order Based on Seasonal Changes

 Not all products are sold throughout the year, therefore it is highly important to rearrange the order of placement as per seasonal changes.

Move seasonal products to an accessible location and keep them back at the designated position once the requirement is over.

 

Use Technological Tools

 Utilize IT tools to effectively manage, monitor products, and error control. Utilize software that helps keep records of inventory to store necessary details about the location, available stock, and movement of goods within the warehouse. Such inventory management software applications are beneficial for updating stock data, reducing errors, and handling redundant data.

Irrespective of the size and scale of your business, invest in software that helps make your work easier.

 

Keeping it Clean

 The foremost requirement is to keep your warehouse clean and dry. The warehouse should be cleaned at the beginning and end of each day.

A clean house makes functionality much easier. Assign dedicated staff to keep the warehouse clean. Use quality products and disinfectants to get desirable results.

 

Warehouse storage and management can be expertly done by following the above-mentioned steps.

To get optimal results, businesses must invest time and effort in the organization and management of inventory or stock. Unorganized warehouse logistics could also lead to huge monetary loss.

 

Anteair Logistics in Media

Anteair Logistics in Media

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