Reduction of Demurrages Expenses During the Container Traffic Process

Loading...
Thumbnail Image

Date

Journal Title

Journal ISSN

Volume Title

Publisher

Polytechnic University of Puerto Rico

Abstract

The project aims to reduce demurrage expenses by addressing delays in container returns to suppliers, improving cost-effectiveness, and financial performance in container traffic logistics. Through detailed analysis using tools like flowcharts, time series plots, Pareto charts, fishbone diagrams, and the 5 Whys method, key factors causing delays were identified, such as poor communication and lack of planning. In the Improve phase, solutions were implemented, including the Priorities tool developed using Excel and Power BI, resulting in a 95% success rate in reducing delays. The Control phase focused on sustaining improvements through clear metrics and validation processes. Overall, the project ensured long-term success in optimizing container traffic management. Key Terms – Cost Reduction, DMAIC, Waste, Improvement.

Description

Design Project Article for the Graduate Programs at Polytechnic University of Puerto Rico

Keywords

Citation

Bernard Ramos, J. (2024). Reduction of Demurrages Expenses During the Container Traffic Process [Unpublished manuscript]. Graduate School, Polytechnic University of Puerto Rico.

Endorsement

Review

Supplemented By

Referenced By