Demurrage charges cost the shipping industry billions of dollars a year - and many supply chain managers view them as an inevitable part of doing business. But there are ways in which you can reduce your demurrage bill. By using the latest AMA scheduling applications, you can refine your scheduling priorities and reduce your demurrage liability.
Even when you feel that the factors affecting your schedule - weather, equipment shortfalls, berthing delays - are beyond your control, there are steps you can take to lessen their negative effect:
- Contingency planning and performance reviews
- Using an online dynamic scheduling application
- Storing vessel call information you might need to challenge a claim
How to create a feasible schedule that you can share online
How to evaluate the impact of ETA changes and prepare for the unexpected
How to analyse and benchmark performance against your corporate objectives