- Maersk predicts global shipping will prioritise reliability over speed, aiming for predictable supply chains and readily available products in retail.
- The Gemini Cooperation, a partnership with Hapag-Lloyd, uses a hub-and-spoke model to improve schedule reliability and efficiency, replacing the traditional “string” model.
- Maersk invests in logistics hubs in Singapore and Malaysia to enhance reliability, offering customers flexibility in cargo routing and storage amidst global disruptions.
Within the next five to 10 years, global shipping will be judged less by how fast containers move and more by how reliably goods arrive on store shelves, according to Maersk’s Asia-Pacific president Ditlev Blicher.
Shoppers will increasingly find the right T-shirt colours, shoe sizes that usually sell out, or laptop models with the exact specifications available immediately – rather than being told to “order and wait two weeks” – as supply chains become more predictable and efficient, he told The Straits Times in a recent interview.
This shift, which will be driven far from the mall, on container ships and at ports consumers never see, is turning reliability into the most valuable currency in global shipping, an industry long plagued by delays and volatility.
It is also one that Maersk, the world’s largest container carrier, believes shippers will increasingly be willing to pay for.
“For retailers, the worst outcome isn’t paying a bit more for freight. It’s a lost sale, where the customer is ready to buy, but the product isn’t available,” Mr Blicher said.
To avoid that, retailers and manufacturers have traditionally relied on buffer stock held across warehouses, storerooms and even in transit. But holding inventory “just in case” is costly, tying up capital and adding complexity at a time when consumer expectations and competition are rising.
To read more, click: Here
Source:StraitTimes
Maersk & Altana are heading to the WCO Technology Conference & Exhibition as Gold Sponsors January 28-30th!
We’re excited to showcase how our partnership is powering trusted global trade.
Visit us at Booth G9 to learn how we are helping customs agencies collect tariffs, strengthen national security, & keep lawful trade flowing.
Welcome to the new era of trusted trade, digital trade corridors & Product Passports for Goods.
Can’t wait until January 28? Book a meeting with our experts today.
The Henley Passport Index is the only one of its kind based on exclusive data from the International Air Transport Authority (IATA). The index includes 199 different passports and 227 different travel destinations. Updated monthly, the Henley Passport Index is considered the standard reference tool for global citizens and sovereign states when assessing where a passport ranks on the global mobility spectrum.
The Henley Passport Index is the original, authoritative ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa. The index is based on exclusive data from the IATA – the largest, most accurate travel information database.
For more information click:Here
Source:Henley
You must be logged in to post a comment.