High value goods often require international movements, so it’s vital that your global supply chain is fully aligned and secure – from beginning to end. It’s not just the cost of goods in transit that heightens the risks you face; short lead times can also leave you sprinting for the finish line before the starting gun has even been fired. This, together with unanticipated increases in demand, could lead to missed product launches, stock shortage and disappointed customers which could even cause you to lose your market advantage.
Topics: 3PL, Shipment Visibility, high value cargo, secure logistics, safe secure logistics tracking, Global Supply Chain, Critical Path Management, International Supply Chain Management, Operational Efficiency
When it comes to high value cargo, it’s not just short lead times that are threatened if customs clearance stalls your supply chain. With Brexit looming, there’s considerable concern about increased cost and delays for imports and exports. Plus, your secure logistics – strengthened for high value goods – face fresh challenges, as the forward and reverse freight flow of goods is choked by checks.
Looking for lift off with a new product?
It could be your most innovative, disruptive concept to date, with consumers itching to get their hands on the latest hi-tech, luxury handbag or designer fashion. However, if your supply chain management falters your supply fails to meet demand – and your product launch falls flat.
At best, you’ll face expensive, expedited transport to fulfil retailers’ needs; at worst, you could lose those crucial sales and forgo competitive edge.
Topics: Short Lead Times, Warehousing and Distribution, Added Value, Griffin, 3PL, Shipment Visibility, high value cargo, secure logistics, Transit Protection, Product Launches, Origin Cargo Management, Route Planning
Securing your supply chain is vital in every industry, but for high value goods the stakes are even greater with the potential for costs to soar should something not go to plan. Whether during the launch of the latest hi-tech, the steady supply of sought-after designer trends, or the swift delivery of critical medications, your international supply chain could be worth billions at a time.
As the value of your product peaks, so does the interest of organised crime.
Beyond the simple loss of product, cargo theft or hijacking causes supply interruptions, a rise in supporting customer services, investigations and increased insurance. So, the safe movement of valuable cargo with secure logistics should be a primary concern for your 3PL partner.
When it comes to high value goods, it’s often the complete purchasing experience that provides value to your customers and your brand. Whether they’re shopping for the latest high-tech device or coveting a designer handbag, they will pay a premium for quality and expect a service worthy of the price. Therefore, when the latest trends come around your customers will want to receive their purchases in perfect condition and as fast as possible.