Q: What makes a company stand out, branded as the best, and selected from the masses?
A: Numerous variants, all of which differentiate across industries.
While some may argue the validity of selectively grouping and ranking achievements on specifics, there are however, valuable points to be made regarding the comparison of the following seven points with overall international freight forwarding success. These can be classified as a general synopsis of the tools necessary to succeed as a freight forwarder on a global level.
1. Access to manage multi-functional areas of the industry
“Access” could potentially be directed solely toward networking and company networks as a whole. This is a vital part. One we will touch on next, however, in this instance, access pertains to the ability to manage complexities that are not always foreseen in the transportation of cargo.
In order to be ranked as one of the best international freight forwarders, checking the extent of a logistics provider’s network is essential. Without proper connections and networking ability, your freight stalls.
Insurance simply helps people sleep at night. Knowing that you are covered if something goes wrong with your shipment puts one at ease. Knowing that the freight forwarder has insurance also denotes trustworthiness and confirms proper business precautions.
4. Multi-functional Groups
Having groups within a company composed of cross-functional team members with the ability to work as one problem solver is critical. Multifunctional groups work together to engineer the logistical movement of freight, both efficiently and effectively.
5. Regulatory and Compliance
Per www.clnusa.com/compliance: “Organizations that participate in international trade fall under the oversight of countless governmental entities. Each of these have in-depth requirements for companies that are either importing or exporting products and material.”
6. Supply Chain Management
The ability to control complex global supply chains for multiple companies on all levels in an organized and functioning manner yields exceptional regards to professionalism in the international freight forwarding industry. This ‘juggling act’ takes dedication, consistent training, and passion. Coordinating a company’s supply chain can make or break their budget. Trusting that your logistics partner is efficiently moving your product is imperative.
7. Information Systems
Information systems, by definition, suggest top priority. If your freight forwarder does not have an organized process in place to collect, store, and communicate pertinent information, then unwarranted situations and circumstances can happen. Stalled shipments, lost shipments, fees, and non-compliance infractions can occur.
This top 7 list is a broad outline of what makes the best international freight forwarders. There are an abundance of technicalities and variants that also go in to successfully forwarding freight and cargo on a global scale. Make sure your logistics partner in charge of driving your supply chain is fully equipped for the job. If you have any questions or concerns involving the proficiency and movement of your shipments, you can contact us HERE.