JUST IN TIME OPERATIONS (Part 1)
The industry news has been flooded with talks of digitalization, automation, efficiency, and optimization. Maritime industry and overall supply chain logistics is not an exception to this.
According to the Smart Ports Market analysis, 30% of shipments are delayed and 25% of trucks on the road are empty. It is also estimated that ships spend up to 9% of their time waiting at anchorage, which results in high fuel consumption (IMO, 2020). Additionally, 28 parties are involved per port call and 35% of emissions could be cut if just in time (JIT) shipping was utilized (Smart Ports, 2020).Read full article