When shipping goods around the globe, sometimes they just don't travel from Point A to Point B. Sometimes, they travel on more complex routes with various stops along the way. This process is called transshipment. But what is transshipment, and how does it impact t he supply chain? Let's break it down simply below. What is Transshipment? Transshipment is like taking a bus: You transfer at a station to another bus before reaching your final stop. It's a process where goods are moved from one vehicle or ship to another at a midpoint location. Goods don't move directly from their origin to the final destination ; they have to reach a port or airport, unload them, and then again load them onto a new vehicle or ship . Suppose you mailed a package from a small town to a distant country. Your package may travel to a big city's airport, get transshipped onto a larger plane, and then reach another airport where it's loaded onto a truck. The ...
Due to the ever-increasing complexity of how modern companies operate , logistics has developed over time into a popular and well-known business concept. Let’s understand what exactly logistics is: What is Logistics? Logistics is the process of organizing and carrying out the effective transit and storage of goods right from the point of origin to the point of final consumption. The main objective of logistics is to efficiently and quickly satisfy client needs. For example, you want to transport the harvest from your farm to another location, for that you need logistics services . Why is Logistics Important for Business ? Today, logistics is considered to be an essential component of supply chain management . Let's talk about 5 reasons why logistics is so important for your business: 1. Ensures Seamless Delivery Logistics management is the key to successfully delivering your products t...