Despite the forecast that sea rates tend to be more stable, the impact of the oil price increases due to the Russia - Ukraine conflict, ports congestions, covid-19, containers shortage …, 2022 is forecast to remain a difficult year for international trade and transportation. With the 20-year experience of manufacturing and exporting plywood, we would like to recommend you some strategies which could be useful for Plywood Importer during this chaotic time of overseas transportation.
Working with Plywood Suppliers to make a long-term purchase and delivery plan can help exporters to be more proactive in production, especially booking and scheduling delivery schedules. With large, long-term orders, exporters can work with carriers, forwarders to have lucrative bookings and prices, and can easily adjust production to match the shipping schedule which is harder to change.
The early and long-term purchase plans also reduce pressure in the case of delayed shipment.
In the current situation of ocean transport with many unknowns, buying goods with delivery terms that delivery obligation belongs to the seller will be more beneficial to the importer, and at the same time, it also helps exporters to be more proactive in the delivery schedule.
The lack of space and empty containers from carriers led to a skyrocketing sea freight by containers cost. While plywood products are not high-value commodities, this leads to the cost of transportation over the cost of the product (which might be over 100% of the product's price itself for far-distance markets). In order to solve this problem, Plywood Importers can consider the use of Bulk Vessel, with freight rates that could be reduced to 50 - 70%, while ensuring the delivery time. Fomex Group is one of the leading Plywood manufacturers & exporters in Vietnam, and we have long-term collaborations with the carriers like OOCL, Wanchai, Yangming, Evergreen Line, which allows us to secure the best sea freights and spaces. SPEED is one of 6 CORE VALUES of FOMEX GROUP. We're constantly initiating and optimizing our Production and Logistics capability to ensure delivery time as we committed. For Plywood Inquiry, please feel free to contact us at any time. We are willing to support and accompany our beloved partners to conquer the Plywood Markets!!! FOMEX GROUP