Shipping Insights
Overbooking in shipping mirrors the airline industry, where companies anticipate cancellations to maximize profits. Ryan highlights the importance of accurate forecasting and maintaining a strong book-to-show ratio, suggesting that those who excel in predicting shipping needs deserve recognition. He also shares fascinating historical terms still used in global trade, revealing the industry's deep-rooted traditions.In this clip
From this podcast
Odd Lots
How the World's Companies Wound Up in a Deepening Supply Chain Nightmare
Related Questions