Choosing the Right Supply Chain: Speed vs. Cost
By: Explect, February 6, 2023
As an entrepreneur, you may be familiar with the choice between sea freight and air freight. The decision depends on several factors, such as the number of products, the destination, and whether you want it fast or cheap.
Despite sea freight being an old method of transportation, it is still popular and an efficient way to transport large quantities of goods over long distances. It is usually cheaper than air freight and is ideal for products that do not need to be delivered at specific times, such as raw materials and building materials. Perfect for businesses that prioritize cost!
However, sea freight is slightly slower and more sensitive to weather conditions and delays than air freight. Ships can take weeks to arrive, depending on the distance and route, and can experience delays due to weather, shipping restrictions, etc. As an entrepreneur, you will need to take this into account when determining delivery times and sales dates.
On the other hand, air freight is fast and efficient and is ideal for transporting small quantities of valuable or time-sensitive products, such as electronics and medicine. It gives entrepreneurs the ability to quickly transport products around the world and bring them to market quickly. But beware, it is pricier than sea freight and not suitable for heavier products.
When choosing between sea freight and air freight, entrepreneurs must weigh the costs, speed, and sensitivity to delays. It is important to consider the specific requirements and priorities of the business and products. Occasionally, a combination of sea and air freight is also an option, depending on the specific requirements of the supply chain.
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