A factory in Vietnam ships electronics components to a buyer in Poland. A freight forwarder in Singapore arranges the booking, issues the documentation, and manages the carrier relationship from start to finish. Yet that forwarder’s own country never touches the cargo. No port call in Singapore. No customs entry in Singapore. The shipment moves entirely…
For decades, businesses pursued one overriding objective: efficiency. Lean inventories, tightly synchronized production schedules, and just-in-time (JIT) logistics became the blueprint for reducing costs and maximizing profitability. By receiving goods only when needed, companies could minimize storage costs and free up capital for other investments. However, the last few years have exposed the vulnerabilities of…