Logistics Industry Archives - Page 2 of 2 - Excelsior Worldwide Logistics Corp.

5 Tips before Selecting Your Shipping Carrier

excelsior on November 16, 2020

Managing a business where you have to deal with international clients is not an easy task, especially if you sell products that are in need of some logistical aid. Ensuring that your products will successfully arrive from point A to point B is crucial to maintain a stable supply chain, high customer satisfaction, which ultimately leads to more profit despite the ongoing pandemic.

Choosing a carrier is one of the most crucial factors when it comes to shipping your products. It can be a challenging decision to make since your daily operations will have to adjust to any situation that involves the shipping carrier.

For a start, you have to pay attention to your company’s purpose and capacity to avail the service of a shipping carrier. But of course, there are other things that you can do so that it will be easier for you to find the most appropriate shipping carrier for your business as fast as possible.

Here are five things you should remember before selecting your shipping carrier:

FACTORS TO CONSIDER:

The nature of your business

You have to grasp the specifics of which particular shipping services you need. Find potential carriers that offer the services you’re looking for and see if all of them can handle your shipping needs. If there is a necessity for your products to be transported via different carriers, it could cost you more money in the long run. Try to go for a carrier that offers multiple shipping services.

The experience of the Shipping Carrier

Take some time to research your potential shipping carriers. Find out more about how long they have been in business or whether they have adequate resources to sustain their operations, such as a fleet of trucks and trailers. Owning a warehouse that is stable and reliable is another plus point.

Pricing

The outcome of most business transactions, especially when negotiating with shipping carriers, often relies on the agreed price of both parties. Have a word with any potential carrier and ask if they can provide you competitive rates that are on par with the quality of their service/s.

Discussing the Safety of their Services

Safety must also be a primary topic that you can bring up with any of your carrier prospects. It is essential not to overlook the low price only to discover that your chosen carrier has a high accident rate and rule-breaking records. It would be a wise decision to deal with a carrier that gives you a slightly higher price in exchange for the assurance that they can ensure the timely and safe arrival of your goods. If such a carrier has an excellent safety rating among its former clients, then you are good to go.

The Benefits of Partnering with a Freight Forwarder

Freight forwarders in the Philippines can be an individual or an agency that can handle some of the most time-consuming logistics tasks for your business. One of these tasks is negotiating with the right shipping carrier that can benefit your business. They can also take care of all types of documentation, clear other shipping related requirements, and track your goods as they arrive at their destination.

Excelsior Worldwide Freight Logistics conducts free orientation for those who are willing to learn. It is our advocacy to share our knowledge & experience worth more than a decade in the business. Visit our website today at www.excelsior.ph to learn more about our service.

Sources:

https://blog.bisontransport.com/8-tips-for-choosing-the-right-carrier

https://www.energytribune.com/the-advantages-of-hiring-a-freight-forwarder/

How to Be a Successful Importer – Infographic

excelsior on February 28, 2020

Selling products that came from abroad can be a pretty rewarding business, especially if there is a growing local market that can buy your goods. Imported products tend to be available for a cheaper price, and usually in high quality. And with the rapid spread of globalization, new and commercial items from an international supplier could emerge, which gives importers instant access and offer it their own country maximizing their profits in the long run.

If you’re one of those aspiring entrepreneurs who are planning to start an importing business, then you should be aware of some tips that can help you thrive and succeed as the competition becomes tougher as the years go by.

Have a piece of in-depth knowledge about your products

While this might sound like a no-brainer, conducting research about the products that you wanted to import is critical for your success. Know more about the existing market and have an assessment to identify if there are people who will be willing to purchase your imported products. You also have to make sure that the products are allowed to enter the country.

In case you’re from the Philippines, below are some examples of items that are either prohibited or restricted for importation as mandated by the Philippine law according to the International Trade Administration:

Toy guns
Used motorcycle parts, except engine
Specific narcotics, or synthetic drugs (i.e., marijuana, opium, heroin, among others)
Gambling paraphernalia
Dynamite, ammunition, explosives
Laundry and industrial detergents containing hard surfactants

You can view the full list here.

Negotiate effectively with your supplier

Dealing with suppliers from another country can sometimes become a challenging task as the diversity of culture can hinder your chances of getting a favorable deal. Study more about the culture of the exporting country so that you can implement suitable strategies once you negotiate with your supplier. Have a thorough understanding of the terms before placing an order so that you avoid mistakes that often lead to additional expenses. Check if the calculations of all the costs that you have to pay are correct.

Analyze your insurance coverage

Make sure that you analyze the insurance aspect of your import transaction. Unexpected events might happen as your products are being transported, and this could help you identify the party responsible in case of a loss or damage.

Contact the customs authorities

There’s a good chance that you will have to comply with several permits as well as submit documents and forms before you can clear your imported products during the shipping process. This could be a very time-consuming stage for those who are relatively new in this kind of industry. Since time is a valuable resource that must never be allocated alone for shipping processes, it’s highly recommended to hire a licensed customs broker to prevent unnecessary delays on your shipment.

Maintain good relationships within your network

Every person or agency that you’re doing business with will always play an essential role in your success. From your supplier, freight forwarder, customs broker, carrier company and even the customs authority, you must treat them with utmost professionalism and respect. Maintaining social harmony in your business sphere will make your daily importing operations as smooth as possible.

5 Questions a Logistics Expert Might Ask You – Infographic

excelsior on October 31, 2019

Given the scenario that you’re a business owner looking to ship your goods from coast to coast, you will definitely need someone that can guide you through the process. Requirements that are needed to transfer your shipment could further encumber your already busy schedule. What’s even worse is that unchecked cargo could lead to delayed arrivals and other similar problems which could bring detrimental effects to your supply chain.

Fortunately, you have one option: hire a freight forwarder. In case you don’t know what freight forwarders are, they can be an agent or a company that offers services such as organizing shipments in place of their clients. They always make sure that the client will get the proper assistance they need with all of the customs requirements, other legal processes, etc. They also ensure the safe and timely arrival of goods to its intended destination.

Since they’re dealing with a network of carriers and customs authorities, you should’ve realized by now that freight forwarders are experts in the field of logistics. If you wanted to contact one of them, you must be ready to ask these five questions first so that they can provide you the highest and appropriate kind of service you deserved.

Question no. 1: What type of commodity you’re planning to ship?

Your chosen freight forwarder will most likely ask what type of commodity you’re planning to ship. Is it something perishable, like fresh meat, fruits, seafood? Or non-perishables such as canned goods, machinery, tools, etc.? Moreover, they will also become curious as to whether your goods are hazardous or requires careful handling and temperature controls.

Question no. 2: What type of carrier would you prefer?

Shipping your goods in air is very different from shipping it in the ocean. The condition of your products (especially the perishable ones) are required depending on the environment of your selected carrier.

Question no. 3: How many cartons do you plan to ship?

Knowing the exact quantity of your shipment is another responsibility of freight forwarders so that they can be certain that all of it will leave point A and will successfully reach point B. You need to be particular in number especially if you have a lot of cartons with different sizes.

Question no. 4: Where are you going to your goods?

Normally, the location would be the manufacturer’s factory. In case you’re going to ship your goods abroad, knowing the location of your shipment’s destination will help a lot in complying with specific documents that may vary from country to country.

Question no. 5: Would you like to stack your cartons on a pallet?

Knowing whether you will stack your cartons on a pallet will enable your freight forwarder to estimate the weight and cubic space that it will occupy. This can help a lot when calculating the total weight and volume of the shipment appropriately.

Excelsior Worldwide Freight Logistics conduct free orientation for those who are willing to learn. It is our advocacy to share our knowledge & experience worth more than a decade in the business. Visit our website today at www.excelsior.ph to learn more about our service.

5 Ways to Improve Your Logistics Management – Infographic

excelsior on September 30, 2019

Logistics refer to the detailed coordination of a complex operation that involves people, facilities and supplies. In the world of business, logistics is the practice of managing a certain flow of things between the point of origin and point of consumption in order to satisfy the needs of customers and operations.

Many enterprises today tend to pay a lot of attention to the way of how they manage logistics because it basically helps them to increase the value of their business. Logistics have the capability to enhance the merchandise and make the products much more accessible. Additionally, the economy of a country depends heavily on the efficiency of logistics to support the stable movement and flow of many economic operations.

Logistics management is one of the most vital components of business operations as its result often brings a significant impact on the internal processes as well as relation with customers.

Strategic planning and knowledge combined are two of the basic qualities every business leader must have in order to perform excellent logistics management.

To help you achieve such a state where logistics is your business’ primary tool against competitors, here are five ways to improve your logistics management.

Keep your inventory intact

Some businesses often made the mistake of putting a large quantity of their stocks in a small warehouse. If your stocks are too many for your warehouse to host, then it might be better to consider partnering with third-party warehousing. Failure to use a suitable facility makes you unable to do efficient inventory management, which may eventually lead to supply shortage and delayed orders.

But if third party warehousing is not a choice for you, it is always better to maintain a sizable inventory at your warehouse as much as possible.

Facilitate dialogue between employees

Character also plays a major role in the success of a business in the aspect of logistics. Establishing deeper relationships among employees promotes a type of mindset that in unity, there is a victory. If you start to facilitate dialogue or healthy conversations with your employees, they will soon be encouraged to do it with each other as well. This can allow them to strengthen their ability to work as a single unit and accomplish their task efficiently and competitively.

Always update your customers

Outstanding logistics management is a way to excel in providing customer service. Once your employees were able to meet the needs and expectations of your customers, it is more likely that your customers will buy more of your products.

If you wanted to amp up your logistics management in relation to customer service, being more transparent on your logistical purchasing processes keeps them more contented and loyal in the long run. This can be done by sending informative emails, tracking numbers, and other information that keeps them well informed.

Provide your employees with adequate training

Members of your staff who regularly manage orders and handle information in a conventional way must be given sufficient training on the more sophisticated and modern methods or techniques. You can discuss this idea with your HR department or ask the software vendor to organize training sessions for your team.

Observe your leading competitors

Though there’s going to be a lot of competition going their way, seeing them as hindrances won’t help you achieve your goal. Instead, you can take a closer look at some of your leading competitors and see what specific abilities and tools they have in order to keep their level of logistical competitiveness high. As a rule of thumb, you can take a note at your competitors:

Modern Software Systems
Newest techniques and strategies in logistics management
Training programs for their staff members

If you wanted to take your logistics management to the next level, take heed of these five tips to ensure that you will maintain competitiveness by organizing your most daunting business processes!

Three Factors That Tell If Your Logistics Partner Is Giving You a Peace of Mind (Infographic)

excelsior on January 30, 2018

Excelsior Worldwide Logistics Corp Success Story

excelsior on September 1, 2016

Early this year, Excelsior Worldwide Logistics Corporation’s success story has been cited by Victory Fort, as an encouragement to business men and professionals in their weekly gathering.

In the series Faith to Conquer that discusses about the worthy cause of faith through obedience, Pastor Jeff Eliscupidez shared how the company turned around from following corrupt practices in the industry, to being fully transformed by obeying what the Bible is teaching in 2009.

With the leadership of its founder and owner, Victor Hermosa, Excelsior experienced a short term contraction in business due to clients who are used to the usual corrupt industry practice to speed up release of their shipments in the government body that overseas importation and exportation of goods.

However, with his strong desire to obey his faith, Victor had to accept the departure of many of his accounts and trust God that obedience will lead to blessings.

In this video Pastor Jeff Eliscupidez shared what happened shortly after obeying God’s call for righteousness.

Currently, Excelsior Worldwide Logistics Corporation is continually experiencing God’s favour and business growth, expanding it’s coverage to be able to accommodate the increasing needs of it’s customers. Aiming to give them the peace of mind by making sure that everything is done right, investing in it’s people development and technology to be able to give topnotch quality service and experience.

To see the full video, click here: https://www.youtube.com/watch?v=JIXKYbc9S34&feature=youtu.be