SUPPLY CHAIN SERVICES

The advantage of the maritime industry in international trade businesses is the ability to deliver high freight volume at low cost. However, since speed is not a characteristic, the efficient planning of operations in the supply chain is required to effectively secure the cost advantage. The industry faces a high volume of logistics and transportation activity, which require the strong support of… More

The advantage of the maritime industry in international trade businesses is the ability to deliver high freight volume at low cost. However, since speed is not a characteristic, the efficient planning of operations in the supply chain is required to effectively secure the cost advantage. The industry faces a high volume of logistics and transportation activity, which require the strong support of well-organised and managed spare parts, fuel, information and money. There is also a need to understand trade lanes, product flows and to connect the dots of freight movement and economic drivers. Less