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Logistics Transportation Review | Tuesday, May 23, 2023
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Modern container tracking technologies have completely changed the game when it comes to monitoring containers, which formerly required users to manually check the container's whereabouts on shipping firms' websites.
Fremont, CA: Having end-to-end insight over the whole supply chain network, particularly on the movement of products, is essential for managing a strong and agile supply chain. Modern container tracking technologies have completely changed the game when it comes to monitoring containers, which formerly required users to manually check the container's whereabouts on shipping firms' websites.
The fact that exporting products is a drawn-out and challenging operation is one of the main reasons that container tracking has grown in prominence. One should keep an eye on it to ensure the shipment arrives on schedule and in good shape. Knowing the precise position of your package will allow businesses to quickly mitigate any unpleasant surprises that may arise.
What advantages do tracking containers offer?
Income From Investment
When evaluating the return on investment for an implemented container tracking system, one must factor in the cost of a supply chain disruption that could occur due to not knowing where the containers are. But how valuable is it to the supply chain to receive automatic real-time information on the progress of the cargo?
Can one, for example, decide better and prevent unnecessary fees since they can see how the packages are moving all at once? Does letting the consumers know exactly when to expect the cargo benefit them? These are a few methods it can use to gauge the value the system brings to the supply chain.
Preventing losses and thefts
Usually, if a container is stolen or lost while in transit, the liner is held accountable. In this situation, tracking devices offer helpful details that can aid in understanding what might have happened or gone wrong.
Aids in avoiding additional costs
One may stay informed about the whereabouts of the cargo and avoid fees like demurrage and detention fees. Additionally, being aware of the container's location in real-time can save one from having to pay for additional operations costs due to will be better prepared to make adjustments. These expenses can become necessary if the transportation of containers experiences a severe interruption.
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