In the city of Pune, India, there are factories as modern and sophisticated as any you will find in Europe or the U.S., but to get to them you have to navigate a one-lane dirt road traveled by water buffalo, large masses of people, and other vehicles. Sometimes the bridge to these factories is underwater during the monsoon season.
I found contrasts like these everywhere during a recent trip to India, and they say as much about the challenges of globalization as the country itself.
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Shippers often buy freight transportation on the spot market as a last resort when they have exhausted all of their route guide options or capacity is in short supply. Does that mean that these movements can’t be tracked and managed in much the same way that more regular shipments are managed? The answer is no – particularly if you are using a comprehensive transportation management system (TMS).
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The need to manage cargo movements worldwide is driving the adoption of Global Control Towers. Freight professionals appreciate the operational advantages of a transportation management system (TMS) with an international reach, but there are important benefits in an area they are often less familiar with: trade compliance and taxation. We explained these benefits in the World Trade 100 webinar The Global Control Tower – Managing Your Global Supply Chain.
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