ALL YOU NEED TO KNOW ABOUT TRANSPORT LOGISTICS MIX – DON’T MISS ON THE TIP BELOW!!

The logistics inflow is extremely high right now. The demand is at all time high, the ocean market is running over capacity. Space scarcity coupled with long transit times.

Airfreight possibly is a quick reliever in current congestion times,however it is an expensive option.

A quick tip: You may consider a time frame of a quarter or a year to justify and spread out the cost of speed in the overall landed costs; rather than measure this component in a shorter time frame

In such a scenario Merchants need to look at a right balance between speed and cost.

The Merchants need toprioritized shipments considering their products life cycles and accordingly align the shipments strategies with their sales opportunities. Now is the time to refine the shipment transport mix.

SPEED MATTERS
When it comes to speed; especially when competitors are slow or demand is unpredictable FASTER SHIPMENTS could help you triumph. Transportation speed for your shipments is depended as per product life cycles.

Below are a few instances where your company might consider higher shipping costs in order to gain speed and your customer reliability:

  • New product Launch:- Quicker cargo arrivals make it easier to stick to launch plans, satisfy the initial rush of demand, and build trust with your customers. In such a scenario initial shipment can move on Airfreight
  • Seasonal products:-For instance a few weeks of summer season to sell Air Conditioners, you prefer bigger orders on airfreight. Then when demand lessens, you might move back to sea shipping.
  • Trendy product:- these perform best when available fast and hit the shelf. Fast fashion, new tech devices, or the kids’ toys of the moment are lucrative windows of opportunity.