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 ...
Real time shipment tracking has become a game changer in logistics. With shipment tracking, you can now track your shipments and see where your shipments are in real time. In this article, we walk you through different ways real time shipment tracking has improved logistics. Let's start with a quick definition.
What Is Real-Time Tracking?
Real-time tracking is a tracking technique that uses GPS and logistical databases to pinpoint a person's, a car's, or an object's precise location at any given instant. When a package is scanned, a vehicle is assigned to it, and its whereabouts are continuously tracked. For example, when we order online, we can track our order in real-time. In logistics, real-time tracking of shipments gives the shippers the location of their freight when the load is in transit.
7 Ways Real-Time Tracking Can Help the Logistics Industry
Logistics operations can be complex, with many moving parts that can cause delays and increase costs. One solution to these challenges is the use of real-time shipment tracking technology. Logistics managers can improve visibility, optimize resources, and deliver better customer service by tracking real-time shipments. Here are seven key benefits of real-time shipment tracking in improving logistics operations:
Enhanced Visibility: Real time tracking ensures complete transparency across the supply chain, allowing accurate monitoring in real time and pro-active resolution.
Improved Customer Service: Accurate shipment status updates lead to on-time delivery. It in turns, results in higher customer satisfaction, and loyalty.
Efficient Resource Allocation: Accurate tracking information allows businesses to optimize resource allocation, including labor, warehouse operations, and inventory management.
Proactive Issue Resolution: Real-time shipment tracking enables logistics companies to proactively locate and address potential issues before they escalate into major problems.
Streamlined Communication: Real-time tracking facilitates real-time communication among logistics stakeholders, eliminating communication gaps and enabling better collaboration.
Cost Reduction: Accurate tracking data allows for the identification of inefficiencies, enabling logistics providers to implement cost-saving measures and process improvements, ultimately leading to significant cost reductions.
Improved Decision Making: Real-time data empowers businesses to take data-driven decisions
Conclusion
In conclusion, real-time shipment tracking transforms logistics operations, enabling enhanced visibility, proactive issue resolution, and streamlined communication, ultimately resulting in cost savings and improved customer service. By leveraging real-time shipment tracking technology, logistics company in US can achieve these benefits, setting their businesses up for success in a highly competitive market.
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