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Showing posts with the label Freight Booking

How Poor Communication May Cost Your Export Business Heavily?

The success of an export consignment depends on a lot of factors. Firstly, there should be a strong internal management system that brings all employees of an export business on the same platform. Secondly, there should be infallible means and mediums to reach each and every party participating in the supply chain. Thirdly, there should be a centralized control over every critical export activity and process governing the transition of the consignment. What’s common in each of these things is communication. Without an efficient communication system in place, the journey of your consignment can be a bumpy ride. On the other hand, you can expect everything to go as per your expectation from start to the end. Find out what can be the consequences in the absence of communication and how to avoid them. The Example of PRA One of the most common situations in which there are chances of miscommunication is that of submitting pre-receival advice (PRA) to the stevedores. A...

Common Mistakes that Set Freight Booking Prices Soaring

What is freight booking price you paid for your previous consignment? Was it in your designated budget? Did it affect your anticipated bottom line? After a thorough review and analysis, you may conclude that you actually ended up paying higher. Furthermore, you are unable to recognize how it could have been avoided. In general, there are some very small things to take care of in order to reduce freight booking expenses significantly. Let us visit the top ones in the discussion below. Last Minute Bookings Are Disastrous Still, a majority of exporters commit this mistake. Approaching a freight space provider n the last minute can result in: Unavailability of the required freight space Delay in shipping the consignment Poor business reputation and unhappy customers And of course, higher than expected prices In order to avoid these consequences, make it a habit to book freight space well in advance. Apart from saving frustration, it can help you grab the best deals ava...

Why Do Many Exporters Find Freight Booking a Challenging Task?

Booking your consignment a space on a ship or an airplane for export to a foreign country is one of the important tasks of the entire supply chain management. If it goes wrong, all your efforts may go in vain and it may cost your business a loss of profits and clients. But, what may go wrong in the freight booking process that looks pretty straightforward? Undoubtedly, a lot! Let’s find out! Not Able to Find the Best Quote Because of the unlimited resources and your business’s outdated means to contact different shipping lines, you may have fewer quotes in hand to compare. Consequently, the chances are high that you may regret later for spending unnecessarily on cargo shipping that could have been done in your preferred budget. So, it is important that you receive quotes from different service providers and compare them to strike the best possible deal. Spending a Lot of Time on Booking Imagine that you receive quotes from the top freight services in the region. Now, comp...