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A risk in every port

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  • Marine
  • Rating +5

The leaner your supply chain, the riskier it gets, especially when it comes to moving parts like cargo. Disruptions can have far-reaching effects beyond the inventory that can be insured.

But as the latest edition of Reason magazine shows, many supply chain managers aren't able to satisfactorily appraise the reliability of liner shipping, rail and trucking fleets around the world. Businesses need to engage with a partner to develop a comprehensive loss control programme, assess all aspects of risk before shipping, and handle carrier agreements, packing methods, security, storage and tracking.