Supply Chain Security
Our team has the supply chain security expertise to not only identify any “weak links” in your supply and distribution network but also but also bring clarity and tangible solutions to the often complex web of cargo transportation and associated insurance coverage. We seek to understand all elements of your logistics security program and develop effective risk mitigation practices that will help reduce pilferage and catastrophic cargo loss.
With the financial impact of cargo crime estimated to be as high as 50 billion dollars annually in the US alone and with more companies expanding into foreign markets, it is critical that your carriers follow strict security practices to mitigate loss during transport. We strive to clarify who is actually carrying your product as well as what reputation and success rate they have had in various markets. Many companies are not aware that their primary carrier often subcontracts the cargo to two or three separate companies in order to meet the delivery requirement. Each load that is brokered generates additional risk and less control over your product.
In addition to understanding your supply and distribution network from
a security perspective, Clareo Inc will recommend best practices and technology
to mitigate the risk of loss. As an added value, we will analyze portions
of the shipping charge that impact security (freight insurance) and make
appropriate recommendations for the use of the investment. Let us explain
how much cargo insurance is contributing to your likelihood of theft. With
a better uunderstanding of your carriers, their risk mitigation programs
and their associated insurance charges, a more proactive approach can be
taken with your supply chain security program.