×

POLICY QUOTATION FORM

Please fill out this form and we will get back to you as soon as possible!

SIGN IN YOUR ACCOUNT TO HAVE ACCESS TO DIFFERENT FEATURES

CREATE AN ACCOUNT FORGOT YOUR PASSWORD?

FORGOT YOUR DETAILS?

AAH, WAIT, I REMEMBER NOW!

CREATE ACCOUNT

ALREADY HAVE AN ACCOUNT?
QUESTIONS? CALL: +1-888-3698790
  • LOGIN
  • GET A QUOTE

IciCoverage New Site

  • HOME
  • ABOUT US
  • PRODUCTS & SERVICES
  • FAQ
  • BLOG
  • CONTACT US
  • Home
  • Blog
  • 4 Logistics mistakes to avoid this Holiday Season
3 March, 2021

BLOG & Gossip

4 Logistics mistakes to avoid this Holiday Season

by Desiree Colmenares / Tuesday, 20 December 2016 / Published in Blog

Holidays  are here and for some businesses is the busiest time of the year. Logistics at this season can be a challenge and requires a lot of planning.

According to Blue Grace Logistics, 19% of consumers start their holiday shopping around October and 40% in November, and they expect to spend an average of $804 in gifts.

Many large companies and retailers also start early to prepare for the seasons, starting from Thanksgiving, Black Friday and Christmas among others festivities. Some companies report that almost 40% of their total revenues comes from holidays.

That´s why having a logistics plan is so important and making a mistake could make you lose a lot of money.

Here 4 logistics mistakes to avoid this Holiday season, according to Weber Logistics:

  • Not planning early enough. Forecasting and demand planning should really take place immediately after the holiday season is over in January. Your supplier can see an influx of demand in their raw materials come September, so they can drive the prices up.
  • Planning too much. Overestimating inventory can also be negative for business. Some companies will keep excess inventory for “just in cases” and “to be safes” but they don’t go without consequence. An excess of materials after the holidays means paying for more warehousing space and less cash flow.
  • Lack of online presence and planning. Consumers want to avoid long lines and are shopping online more and more. Make sure that you are ready to handle an influx of e-commerce business because chances are, this year’s online orders will surpass last years. Mobile sales are going up, and lines are getting shorter at big box retailers.
  • Underestimating staffing and training. A lot of retailers amp up their staff during the holiday season by hiring seasonal workers. Seasonal workers are cost effective, but often time do not have adequate or proper training to understand your business. Make sure you hire seasonal workers earlier in the year and train them well.

Even if you take all the right actions, some unforeseen event can occur at the last minute with your shipping container at the port or during the trip. We recommend you to look at our products & services page and find out the best options to make sure you will also have happy holidays.

Sources:

http://www.weberlogistics.com/blog/california-logistics-blog/4-mistakes-to-avoid-this-holiday-season

http://blog.mybluegrace.com/misc/the-busiest-time-for-logistics-holiday-season/

 

 

0
Tagged under: holiday season, logistics, logistics mistakes, shipping holidays

About Desiree Colmenares

What you can read next

Mental fatigue is rising among seafarers, study found
TOP 10 Insurance Companies in the world
These are the countries where is not possible to issue insurance for the shipments

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Cargo Insurance

    Cargo insurance basics: What is it? Do you need it?

    Every day, cargo valued in billions of dollars ...
  • Allianz starts ambitious climate change protection plan

    The Allianz Group is significantly expanding it...
  • Why is cargo insurance important: The Maersk Honam case

    By law, all shipping carriers are forced to off...
  • Robotics in the insurance industry: The Brightside case

    Robotics in the insurance industry is starting ...
  • Allianz Lanka is created after Allianz’ acquisition of Sri Lankan general insurance unit

    Allianz announced the creation of Allianz Insur...

ICI Twitter
icicoverageInternational Container Insurance@icicoverage·
14h

CMA CGM is to deploy six LNG-powered 15,000 teu ships on the transpacific, the largest gas-powered boxships to call in North America to date.
By @Splash_247
https://t.co/c0ZyOhO5cG

Reply on TwitterRetweet on Twitter2Like on Twitter2Twitter
icicoverageInternational Container Insurance@icicoverage·
17h

Canadian tanker operator Teekay Tankers has announced that it has entered into an agreement to opportunistically sell two unencumbered aframax tankers for $32m.
By @Splash_247
https://t.co/ZpC3lzRIJj

Reply on TwitterRetweet on Twitter2Like on Twitter1Twitter
icicoverageInternational Container Insurance@icicoverage·
1 Mar

Two new executives in Singapore and an addition to the US office of the World Shipping Council (WSC) will allow the shipping line representatives to offer better support to their members in Asia as well as the US.
By @container_news
https://t.co/bKHVFe8jrH

Reply on TwitterRetweet on TwitterLike on Twitter1Twitter
icicoverageInternational Container Insurance@icicoverage·
1 Mar

Norwegian owner Belships has entered into letters of intent for the acquisition of two 61,000 dwt ultramax vessels.
By @Splash_247
https://t.co/auxu7a8CyK

Reply on TwitterRetweet on Twitter3Like on Twitter2Twitter
icicoverageInternational Container Insurance@icicoverage·
1 Mar

Athens-based handysize specialist Pioneer Marine has revealed the sale of four bulkers in its latest set of financial results. By @Splash_247 https://t.co/bARe27tmt9

Reply on TwitterRetweet on Twitter1Like on TwitterTwitter
Load More...

ICI Facebook

Unable to display Facebook posts.
Show error

Error: The user must be an administrator, editor, or moderator of the page in order to impersonate it. If the page business requires Two Factor Authentication, the user also needs to enable Two Factor Authentication.
Type: OAuthException
Code: 190
Subcode: 492
Please refer to our Error Message Reference.

Navigation

  • Home
  • About Us
  • Products & Services
  • FAQ
  • Press
  • Blog
  • Contact Us

NEWSLETTER SIGNUP

By subscribing to our mailing list you will always be update with the latest news from us.

INTERNATIONAL CONTAINER INSURANCE

Fidelis Management Inc., P.O. Box 711 Juris Building
Main Street, Charlestown, Nevis.

PHONE NUMBERS

  • +1-888-3698790
  • Home
  • About Us
  • Products & Services
  • FAQ
  • Press
  • Blog
  • Contact Us
  • GET SOCIAL
IciCoverage New Site

© 2017 All rights reserved. International Container Insurance.

TOP