BUYCO BLOG
Ocean Freight Insights and Supply Chain Trends
How to Automate Booking Requests, VGM, Shipping Instructions, and Bill of Lading
Global shipping operations generate an enormous volume of documentation. From booking requests and Verified Gross Mass (VGM) submissions to shipping instructions (SI) and bills of lading (BL), each step is crucial. Yet many shippers still rely on manual processes entering data into carrier portals, emailing PDFs, and juggling spreadsheets.These manual workflows are not only time-consuming […]
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What Is a Bill of Lading and Why Do You Need It?
Irrespective of whether your goods are being transported by sea, road or air, you will need a bill of lading. A Bill of Lading serves as a contract that protects all the involved parties and smoothens the supply chain flow. Let’s learn more about it. What is Bill of Lading? A Bill of Lading (BOL) […]
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How BuyCo Enhances Xeneta’s Rate Benchmarking for Strategic Procurement
In today’s complex maritime logistics landscape, successful procurement strategies require more than rate benchmarking. Xeneta provides crucial freight rate intelligence complemented by BuyCo’s operational performance analytics, create a comprehensive framework for data-driven supplier management and strategic decision-making. BuyCo’s Comprehensive Performance Analytics BuyCo enriches procurement intelligence with granular operational KPIs across key performance dimensions: Schedule Reliability […]
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What is VGM in Shipping? The Complete Guide
What is VGM? VGM stands for Verified Gross Mass, which refers to the total weight of a packed shipping container, including both the cargo and the container itself (also known as the tare weight). The requirement for VGM was introduced by the International Maritime Organization (IMO) under the SOLAS (Safety of Life at Sea) convention […]
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Ocean Freight Visibility: The Essential Advantage for Shippers and How to Enhance It
What Is Ocean Freight Visibility? Ocean freight visibility means having clear, timely insight into the status and location of container shipments throughout the entire shipping process, from booking and loading to transit and delivery. It involves real-time tracking, access to shipment documents, and proactive updates that keep all stakeholders informed. This level of transparency goes […]
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How to Optimize Container Shipping for Food and Perishable Goods
The global demand for perishable goods, has experienced tremendous growth in recent years, making it an attractive category in the food industry. According to the United Nations forecasting, there will be a 70% increase in production and distribution from 2010 to 2050. Shipping these goods via maritime transportation is one of the complex operations, increased […]
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Container Shipping Instructions: 10 Things You Need Know
As an exporter you have multiple containers leaving your warehouse every day for different destinations. Keeping track of what each container contains, cargo type, its weight, custom requirements, consignee’s details, etc. can be confusing. Missing information can hold up your entire supply chain. For example, if a container reaches the port without appropriate customs paperwork, […]
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Container Booking: Select the Best Vessel & Book Instantly
Booking containers is a very critical point in your operations. It is the process of deciding who you will trust with your shipment, what route you will take, when the vessel will arrive, and then ultimately, sending the request to the carrier. Whether you’re shipping cars, food or any other kind of retail or materials, […]
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Supply Chain Visibility Software: The Buyer’s Guide
The iPhone is a common example of a product requiring a complex supply chain. The individual components were crafted in different factories in countries like Japan, Germany, Switzerland, the USA, etc, then assembled in China, stocked in Californian warehouses, and shipped out to retail stores. Your supply chain probably resembles something similar.With these complex systems […]
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How to avoid demurrage and detention charges?
Detention and demurrage charges can quietly eat into your margins, often triggered by delays, miscommunication, or a lack of visibility into container movements. They’re frustrating, avoidable and surprisingly common. But staying on schedule isn’t enough. Reducing Detention and Demurrage risk means having the right data at your fingertips, streamlining team coordination, and catching issues before they […]
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