Software-as-a-Service (SaaS) global shipping and logistics solutions provider CargoSmart Limited has launched VisibilitySmart, a visibility solution that alerts shippers and logistics service providers earlier about cargo delays. VisibilitySmart helps shippers to improve their operations with daily, early notifications of potential delays and to measure their carriers’ on-time performance and delay reasons with monthly scorecards.
On average 95% of shipments arrive on time, while 5% have a delay that can have costly consequences. Terminal congestion, labor strikes, weather problems, or lack of space on a vessel can all cause cargo delays that can disrupt supply chain plans, according to CargoSmart. Late cargo can mean chargebacks if merchandise does not arrive by a sale date, factory shutdowns if parts are not available, or even spoiled goods if the cargo is delayed too long.