Opportunity abounds in today’s global market place, and businesses aren’t limited to the continental United States anymore. However, locating overseas buyers and suppliers in order to expand your business is only one part of a larger equation.
A highly competent logistics provider is critical to ensure correct navigation of the ever-changing world of shipping. We’ve asked a few logistics specialists from Green Worldwide Shipping for a few tips that will help make your business and supply chain run smoothly.
1. Book Early
“Space availability on ocean vessels can be unpredictable. Try to secure bookings two weeks in advance.” –Logistics Specialist #1
Booking in advance also allows for transit options that fit your needs and allow adequate time for document preparation, so your shipments can arrive on time and comply with all necessary government standards.
2. Cheaper Isn’t Always Better
“There are a lot of logistics providers out there, but it is worth it to pay a few dollars more. You pay for what you get.” –Logistics Specialist #2
Using the industry’s cheapest freight forwarders is fraught with perils and usually costs more in the long run. Global shipping is subject to numerous regulations and standards, such as U.S. Customs and Border Control, and these regulations and standards can often be confusing.
Adequate compliance can be the difference between your business succeeding and failing when importing or exporting. Low-cost logistics providers frequently neglect the importance of compliance, leaving you liable for fines and extra costs.
To avoid compliance issues, work with premium logistics providers. Premium logistics providers will keep your business compliant and up-to-date with standards, and will closely monitor every step of your shipment eliminating additional fees, delays, and inefficiencies.
3. Insurance is Key
“I’ve had containers fall of the vessel in the middle of the ocean. So insurance is always a good idea.” –Logistics Specialist #3
Accidents happen. Vessels occasionally catch on fire. Storm weather sweeps cargo off vessels and into the vast depths of the ocean. Ocean carriers accept very limited liability for damaged or lost goods. Protecting your cargo from unforeseen circumstances is critical to your supply chain. Door to door cargo insurance is highly recommended and provides peace of mind that you will be reimbursed when problems occur.