Challenge: Import approvals delayed, risk of demurrage.
An automotive company faced delays in obtaining import approvals for their tyre shipments. These delays put them at risk of incurring demurrage charges at the port, increasing overall logistics costs and disrupting supply chain efficiency.
Solution: Stored tyres in our Bonded Logistics Center for flexible release.
To address this issue, we utilized our Bonded Logistics Center (PLB) to store the tyres before the final clearance process. This allowed the company to release their inventory gradually based on demand, without being constrained by port deadlines or customs approval delays.
Result: Avoided port fees, ensured compliance, maintained flexibility.
By leveraging our bonded warehouse, the company avoided unnecessary port storage fees and demurrage costs. The flexibility of storing goods in the PLB also ensured compliance with regulations while maintaining a steady supply of tyres for production needs.