Due to unforseen events, including a flood in Bangkok, Thailand, shipments in ISO Tanks bound for a client in the food and beverage industry were unable to be delivered.
ISO tanks full of product were stuck in the port; incurring considerable demurrage charges of €50 per day.
The situation in Bangkok had the potential to be significantly costly.
Moreover, the situation had the potential to get worse. It was not possible to stop or divert the supply, since many of the ISO tanks had already arrived at Bangkok, while others were on the water, or at the transhipment port in Singapore.
Thankfully, there was an innovative solution at hand.
Realizing the problems facing the client, all the liquids were decanted from ISO Tanks into flexitanks, IBC’s and drums to lower the demurrage and detention costs. The IBCs and Drums were stored in a secure warehouse, and delivered upon instruction.
All other incoming shipments in transit were reworked into flexitanks and stored in locations ready for delivery. The entire logistics process was managed for the customer, meaning that the client could focus on sales rather than on logistics and inventory management.
The client made direct savings of over $500,000 for all the shipments (approximately 50 containers). Such was the impact of the solution, that ongoing support has been give to the client for over 2 years, with flexitanks increasingly being used to move their product closer to their customers.
