Opinion

Shipment Delay – inevitable crisis?
News, Opinion

Shipment Delay – inevitable crisis?

Logistics is an ongoing operations of many companies around the world across many industry and countries. It serves as the forefront of most people business model. The reason is very simple yet fundamental, a large portion of the economy is driven by manufacture and sale of goods and products that reach the uses of common people. As long as there is a demand for consumer goods that ranges from electronics, to there will be a need to meet the high demand worldwide. Supplies such as raw materials and location of production may differ due to factors such availability of factories and raw materials. Thus, It is inevitable that supply chain flow will be linked to other countries and most likely is also the first step in the process. As a result, it is not hard to imagine the outcom...
Congestion amid high demand – What can we do about it?
News, Opinion

Congestion amid high demand – What can we do about it?

Usually in the economy, when there is a demand, the supply will rise to match it in order to produce the desired result. If there is a lack of supply, the demand will be left unfulfilled. The shipping industry is the same but what if the supply of container is not able to meet the demand of the cargo that needs to be shipped on time? In Singapore, shipping is very crucial activity here as it serve as a top transportation hub for both many international countries around the world. Due to the position Singapore has on the world map, it functions as a source of connectivity to the Asian market through sea and air freight. Not only that, it is very common for local Singaporeans, it to purchase goods online to obtain any desired products sold overseas. Ever since the lock-down ...