With all the big headlines grabbing our attention these days, it seems something as trivial as a cyberattack would go unnoticed. There was a time when the threat of having sensitive data exposed was the topic of an hour long news special, but these days network security breaches are a common and daily occurrence. Recently, a logistics company crucial to supporting supply chains globally was the victim of such an attack which led to them shutting down their entire network operation, temporarily. This large enterprise was impacted in many ways, but primarily in its ability to arrange freight shipments and manage the customs and distribution activity for its clients. Basically, the company’s primary functions were crippled without a full restoration date in sight.
There are many reasons why this can happen to an organization and protecting against cyber attacks with proper network security is an absolute must, yet, as this latest example shows us, hackers are still able to navigate security protocols and breach centralized data centers everywhere. When a logistics company is forced to shut down operations it leaves clients in a very precarious situation, especially those with goods on boats that are expecting to pull into harbor.
How are the importers going to move their goods through to the next function in the supply chain if their FTZ warehouse is unable to accept their shipments?
ITC Diligence International Inc. Strategizes with Businesses to Proactively Plan for Supply Chain Problems
After 30 years of developing the 4PL program, partnering with agencies and Free Trade Zones globally, and executing on supply chain logistic strategy, ITC Diligence International Inc. has proven to be a reliable and crucial resource when supply chain problems inevitably arise.
Over the last 5 months, there have been 3 high profile data breaches in the logistics industry, all of which caused significant supply chain disruptions during a time when global tensions continue to rise. Having a knowledgeable, experienced, and available 4PL partner is crucial to ensuring importers and exporters continue to operate with as little interruption as possible.
A few ways a 4PL operator with the experience of ITC Diligence International Inc. can support importers and exporters include:
- High Level Logistic Management
- Greater FTZ Warehouse Availability
- Simplified CBP Processes
- Proactive Inventory Analysis and Management
- Ensured Regulatory Compliance
Ransomware and Cyber Attacks are Out of Sight, But Not Out of Mind
As eyes around the world are fixated on Eastern Europe, many security companies are expecting an increase in cyber attacks and ransomware hacks. Nasser Fattah, committee chairman of a third party risk assessment firm recently stated, “It is unfortunate, but we do not see ransomware attacks slowing down. The cost of outages attributed to ransomware attacks can be very impactful to companies of all sizes.” These impacts aren’t just felt with the company who gets hacked. Clients and customers of the victims are forced to find another solution to keep moving forward on the supply chain. Depending on the goods they are bringing in, this could lead to frustrating customers and costly loss of cargo.
The resources that an importer has available to them in unpredictable situations like this can make the difference between strengthening their operations or floundering indefinitely.
It is imperative that a 4PL operator has FTZ warehouse alternatives, locations at multiple channels and ports of entry, and partnerships that have stood the test of time. After 3 decades of reducing tariffs and CBP fees for importers, supporting supply chain function globally, and providing pivotal options for clients in a bind, ITC Diligence International Inc. is the only 4PL partner capable of implementing the high level strategy that importers and exporters in 2022 need and demand.
Supply Chain Strategy with An Experienced 4PL Operator
Delivering on promises made to clients builds trust and establishes long term relationships that can be very fruitful for both parties. ITC Diligence International Inc. has made executing on these promises a pillar of their operations. The solutions and strategies that an importing and exporting business receives needs to make sense for them and the obvious sign that an experienced 4PL operator is supporting a business is seen in the ease and ability with which that business can navigate challenging supply chain problems.
In addition to the lowered or deferred tariffs and CBP fees, an experienced 4PL operator like ITC Diligence International Inc. will provide unique guidance and specific services:
- Outsourced All Logistics
- Supply Chain Cost Analysis
- Single Point of Contact
- Proper Resource Management
- Much more!
Contact ITC Diligence International Inc. today to strategize the best ways to navigate supply chain problems and be proactively ready for any potential ransomware or cyberattacks that undoubtedly cause additional issues to global supply chain function.