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The B2B Value Chain: Competence, Cost and Transparency

 

 

Nowadays, the sea carries more than 85 percent of the world’s traded goods. The container freight rates for all the traded goods where increased dramatically the last two years. Even the year 2021 faced an increase in global freight rates, reaching a record price of nearly 10,400 U.S. dollars in September 2021. But still in March 2022, the global freight medium rate index was about 8,200 U.S. dollars.

Studies show that shipping costs are an important driver of inflation around the world. Therefore, the increase in shipping costs observed in 2021 could increase inflation by around 1.5 percent in the next years.
Specifically, rising shipping costs affect inflation in some countries more than others. Countries that import more of what they consume face larger increases in inflation, compared to those which are more integrated into global supply chains. In addition, the war in Ukraine is likely to cause further disruptions to supply chains, which could keep global shipping costs—and their inflationary effects—higher for longer.


For that reason, Eastlink was created to help all the companies around the world by reducing logistics costs offering effectiveness, control and transparency of the business.
Eastlink is a B2B digital platform that brings together process, people, technology and information into a value network that provides consumers and businesses access to an extensive selection of products and services within multiple markets. Eastlink changes the way companies cooperate and compete with one another. It also enables new ways of connecting buyers and sellers, clients and suppliers by creating new services.
As a new feature, companies will be able to use Eastlink to sell their underutilized assets —obsolete stocks— to cover costs and increase revenues.