Transportation
Transportation One of the hottest buzzwords in business today is SCM - meaning supply chain management. Companies like Wal-Mart, and Zara have been able to muscle strategic competitive advantage by managing their supply chains better than their competitors. Companies like FedEx and UPS ("Synchronizing the World of Commerce") are constructing their core business around it. The more important it becomes to a company's survival let alone prosperity, the more important it is to manage its inherent risks. Some can be effectively controlled through careful selection of trading partners and loss control of critical nodes in the supply chain. Others, cannot. That is where we come in.
When you understand .... When you understand how the supply chain fits together as we do, it becomes easier to see how insurance is used as an important element in its management. Because losses at any point in the system can be devastating, proper Insurance helps our clients focus on what they do best - making money. So... how do we do it?
From the moment an item is purchased (whether it is made or not), goods are subject to an almost infinite array of physical loss potentials. From the instant it is off the supplier’s dock, until it is installed on site and commissioned, we know what coverage to assemble. When goods are on the move by truck, lighter, freighter or airliner, we can cover them. If the loads are specialized or are sold subject to delivering and commissioning on site, we can cover that too with combinations of transportation, and installation coverages that run through to final commissioning. If the cargo is off-loaded by heavy lift ship, or moved by crane or jack-and-roll, we have seen it before and know how to insure against potential loss.
And what about the price? We know which companies offer the best arrangement of coverage, price, claim service and premium payment terms - because we are in the business to know!
Call Rick Ewles or Terri Baker 604-437-6200
There are so many things that can go wrong between a factory floor and the showroom floor (or vice versa) Any importer who has anxiously awaited the arrival of a container knows the frustration when it misses a sailing or, is hung up in customs. It does not get any better when a labor dispute stalls movement. In some ways though, this is better than learning that your "Can fell overboard" or that a "General Average" has been declared. What does that mean? It usually means the cargo won't be arriving as planned and if it does it will be damaged and, in any event, it is going to cost a lot of money.
That is where Wilson M. Beck Insurance Services can help. We understand the risks because we have seen them at play. We know the impact it has on our clients and our client's clients. We understand how to put together the right coverage to prevent a disaster from becoming a catastrophe.
Call Bob Ball or Chris Haag 604-437-6200
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