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Global Supply Chain Shipping
Business strategy and supply chain go hand in hand. Without a sound strategy, all action is merely dillydallying. Find out why there can be no strategy without a supply chain and vice-versa.
current supply chain priorities - in 2023 and beyond
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A long-term shipping contract is an agreement between a shipper and a carrier that extends for a prolonged period, typically several months or years. These contracts are often preferred by both parties since they offer stability, predictability, and better rates than spot contracts.
One of the main benefits of a long-term shipping contract is that it allows shippers to secure a consistent flow of goods at a set price, reducing their exposure to market volatility. At the same time, carriers benefit from having guaranteed business over an extended period, enabling them to plan their operations and investments more effectively.
The terms of a long-term shipping contract can vary depending on the parties involved, the type of cargo, the shipping route, and other factors. Typically, the contract will specify the duration of the agreement, the volume of cargo to be transported, the agreed-upon shipping rates, and any other relevant details.
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With more than 27 years of "pure" supply chain strategy experience, original thinking, and the contribution of the "inventor of supply chain management" on our team, you will see results, instead of a three-act circus that your past consulting firms showed you.
