A vessel call sign is a unique identifier assigned to a ship for radio communication purposes. It is used to distinguish the vessel from others in maritime communication systems, including VHF radios and satellite communications.
A vessel omission (sometimes called a port omission) occurs when a scheduled vessel does not call at a planned port during its voyage. This disruption means that the vessel skips the port entirely, which can impact the transportation and delivery schedules of goods.
In cargo shipping, vessel rotation is the planned sequence of port calls that a shipping vessel follows on its route to optimize cargo loading and unloading operations.
The timetable of departure and arrival times for each port call on the rotation of the vessel in question.
A journey by sea from one port or country to another one or, in case of a round trip, to the same port.
Warehouse utilization is a logistics metric that refers to the effective use of available warehouse space for storing goods and inventory.
Order for specific transportation work carried out by a third party provider on behalf of the issuing party.
Logistics yard management refers to the process of overseeing and controlling the movement of trucks, trailers, containers, and other vehicles within a yard or distribution center. This includes tasks such as scheduling, tracking, and coordinating the arrival, departure, and storage of these vehicles.
Supply chain collaboration
What is supply chain collaboration?
Supply chain collaboration refers to the strategic partnership and cooperation among different entities within the supply chain, including suppliers, manufacturers, distributors, warehouses and retailers. It involves sharing information, resources, and responsibilities to optimize processes, improve efficiency, and achieve common goals.
Why is supply chain collaboration important?
The benefits of supply chain collaboration include improved transparency, agility, and responsiveness throughout the supply chain. By working together, organizations can reduce lead times, optimize inventory levels, improve forecasting accuracy, and enhance overall supply chain performance. Collaboration also fosters innovation, risk mitigation, and better customer satisfaction.
How to improve supply chain collaboration
To improve supply chain collaboration, organizations can:
Enhance communication: Establish open channels of communication and share relevant information in real-time among supply chain partners.
Align goals and incentives: Align incentives and performance metrics to encourage collaboration and reward collective achievements with your partners.
Invest in technology: Leverage supply chain collaboration tools and data-sharing platforms to facilitate collaboration and streamline processes.
Build trust: Foster trust and mutual respect among supply chain actors by honoring commitments, sharing risks, and maintaining transparency.
Related terms