The Caucasus and Central Asia are emerging trade corridors yet supply chain security and risk management remain challenges that hinder the region’s logistics sector from meeting global standards. Unlike developed markets, where real-time tracking, vendor compliance, and financial safeguards are well-established, logistics operations here face gaps in security, visibility, and risk mitigation.
To address these challenges, logistics providers are investing in digitalization, operational controls, and security enhancements. A key step is the implementation of Transport Management Systems (TMS) and Fleet Management Systems (FMS), ensuring real-time GPS tracking of shipments. This improves cargo security, accountability, and operational efficiency, reducing risks of theft or delays.
Vendor reliability is another critical factor. A Centralized Vendor Audit, Verification, and Approval System helps screen and approve service providers, ensuring they meet strict compliance and security requirements. This minimizes risks from unverified partners and enhances supply chain resilience.
Financial risk management is also crucial. Partnering with AAA-rated Lloyd’s of London syndicates, logistics firms provide comprehensive cargo and liability insurance, protecting customers against unforeseen disruptions.
An integrated Enterprise Resource Planning (ERP) system further strengthens security by consolidating business transactions, contracts, vendor management, CRM, TMS, and insurance into a single platform, ensuring real-time risk monitoring and operational efficiency.
By investing in technology, compliance, and risk mitigation, logistics leaders like Globalink are helping the region close the gap with developed markets, making supply chains safer, more transparent, and globally competitive.
