Management of Ocean Transit Time Reliability and Visibility
The Logistics & Supply Chain Management Society
SEPTEMBER 14, 2023
Looking at the share of total weekly sailings being blanked on the Asia-North America West Coast trade, blank sailings clearly improved during 2023 and dropped below 10% in June with a slight uptick in early July., Companies still need to allocate working capital to build safety stocks considering the unreliable transit time.
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