Freight forwarder Flexport has launched a new service to help clients monitor for issues in supply chains, at a time when lack of freight capacity is putting logistics to the test. Flexport Order Management, which is now available on Flexport’s platform, enables consignees and suppliers to interact through order-level messaging, automatic reminders and built-in approval flows. The service also links stock-keeping unit (SKU) and unit cost data associated with a purchase order to bookings and shipments, which the company says will reduce errors and delays in sending goods around the world. “The two problems that we wanted to solve were lack of purchase order and SKU level visibility throughout the shipment lifecycle; and the difficulty in collaborating effectively with all the supply chain partners and specifically between consignee and supplier,” Drew Quinn, product group lead at Flexport, tells GTR. “Any kind of mistake is costly, but with the current situation of pressured freight availability, it’s more important than ever to make sure that you’re tracking the accuracy of shipments, and that you can have a conversation if things don’t look right.” Since November last year, the cost of shipping a container of goods has risen by around 80%, amid reductions… continue reading
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Source: CTRM Center