Shipping success stories and industry perspective
What Is the Service Supply Chain? - and Why It Matters
The supply chain industry is vast and includes a lot of moving parts. As you probably know, a supply chain consists of everything from getting raw materials and manufacturing products to delivering them to the customer. But how do companies that offer services and not manufactured goods fit into…
Emerging Supply Chain Technologies for Gaining a Competitive Advantage
Over the years, the supply chain world has constantly been evolving thanks to an influx of innovative emerging technologies. Some factors that have driven these improvements are high customer demand, globalization, and product complexity. As a result, companies have to stay ahead of the curve and…
Four Biggest Global Supply Chain Challenges in 2022
MIT Professor Jonathan Byrnes once said: "Many supply chains are perfectly suited to the needs that the business had 20 years ago." And this quote speaks volumes about how vital agility and innovation are in supply chain management. For all that, a company can innovate and adjust to a certain…
The Top 7 Benefits of Effective Supply Chain Management
How can each partner in a supply chain increase its profits? By improving the process that keeps it all together – supply chain management. This article will discuss the key benefits of effective supply chain management and the foundational steps that are needed for a truly functional supply chain…
A Full Guide to Logistics and Supply Chain Management
You may have noticed that logistics and supply chain management are often used interchangeably. Does that mean that these two concepts are the same? Well, it might depend on whom you ask. Many professionals will tell you that they are, while others will vow the opposite. So what is a supply chain?…
The Importance of Sustainable Procurement
Nowadays, more than ever, the world focuses on sustainability. Consumers want to be informed about where the products they buy come from and what they are made of. On the other hand, businesses want to be seen as leaders in environmental management. Sustainable procurement is one way for companies…
Careers in the Supply Chain: Which One Would Fit You?
Those who run, plan, and manage the supply chain are vital to a company’s success. And with the dramatic rise of e-commerce and the use of cutting-edge technologies like blockchain and AI, the demand for supply chain experts continues to grow. Careers in the supply chain ensure a wide variety of…
Supply Chain Models: Which One Do You Need?
The supply chain consists of the logistics of producing and selling commercial goods. It begins with resource acquisition and continues through to product development and delivery to the vendor. Quality management of supply chains is critical for every company to stay competitive. And to properly…
Who Invented the Train: History of Trains
Trains are a vital part of transportation as we know it today. From passenger to cargo, trains have been helping us reach our destinations for centuries. But how did the train journey start? Who exactly invented this machine? Efficient transport of people and goods was an issue many inventors have…
What Are the Different Types of a Container Ship?
The introduction of the container ship has revolutionized the marine shipping industry as we know it. It's a type of ship that can hold huge quantities of cargo in containers, allowing for easy loading and unloading. There are many types of container ships, with each serving a different purpose. To…
What Are the Largest Shipyards in the World?
Shipping is a critical element of global trade and commerce . It deals with nearly 90% of all goods shipped! The goods transported daily include oil, metals, fresh or frozen foods, and factory parts. That said, virtually any industry directly or indirectly depends on the shipping sector. The global…
What Is Cargo Insurance and How Much Does Cargo Insurance Cost?
Goods will get lost, stolen, or damaged in transit. That is the unchanging reality of trading. Even with advanced security measures, package tracking, and modern methods of transport, it is simply unavoidable and is something every business owner should account for. While there is no way to prevent…