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The Covid-19 pandemic tested the global supply chain. More and more cargo shifted to ocean transport until the container imbalances resulted in issues with “rolling the freight” from ship to ship despite confirmed bookings. Give logistics leaders a strategic seat at the table. It will not be over soon.
The pandemic has further weighed down the performance of ports worldwide, with minimal workforce available at terminal hubs and fewer shipping containers on the move, thus bringing global port operations to an abrupt halt. . But, the fact remains that ports cannot afford delays as the repercussions are farfetched.
Transportation management systems also enable you to automate your freight tendering process. By automatically dispatching carriers, you can significantly expedite steps such as booking and tendering of freight. You can use it to quickly generate bills of landing, conduct freight auditing, and create invoices.
The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. The global supply chain recovery depends on a vaccine, but I expect the distribution cycle to be longer than the discovery phase. Companies spent the last decade leveraging economies of scale from globalization. None called.
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