Demand vs carrier capacity
Ocean demurrage and detention are intricate challenges in the world of maritime logistics, impacting both financial and operational aspects of international trade. Several factors can lead to the accumulation of these charges such as port congestion, labor disruptions, documentation delay, customs inspections, inadequate staffing for timely unloading, or inefficient supply chain management. Understanding the causes behind these charges and implementing strategies to mitigate their impact can significantly improve the efficiency and cost-effectiveness of global shipping operations.
One of the core strengths of Transporeon Visibility Hub lies in its ability to offer customised views to individual users or companies. This feature allows businesses to configure their dashboards to display the most relevant information for their specific needs. By gaining access to real-time data, stakeholders can monitor critical milestones and potential bottlenecks, enabling them to intervene promptly and prevent unnecessary delays or costs.
Transporeon Visibility Hub enables organisations to customise business rules related to demurrage and detention. By setting up workflows and notifications for specific events or time-sensitive activities, businesses can accelerate their exception management practices. In other words, when a shipment is at risk of incurring demurrage or detention charges due to unforeseen circumstances, the system will automatically flag the issue, allowing stakeholders to take swift action.
By providing a unified platform accessible to all stakeholders involved in the shipping process, Transporeon Visibility Hub fosters better collaboration while improving visibility and transparency throughout the shipping process.
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