Challenge
Quality and weight certificates were critical; prior discrepancies caused payment holds and demurrage. Multiple shipments needed consistent inspection and documentation across ports.
Approach
We standardized inspection and documentation to ensure LC compliance. Key actions:
- **Inspection standardization:** appoint an independent surveyor and define certificate formats.
- **LC clean-up:** remove non-documentary conditions and clarify tolerances.
- **Shipment playbook:** pre-shipment checklist and document reconciliation.
- **Inspection standardization:** appoint an independent surveyor and define certificate formats.
- **LC clean-up:** remove non-documentary conditions and clarify tolerances.
- **Shipment playbook:** pre-shipment checklist and document reconciliation.
Outputs
Standardized inspection workflow and LC templates that shortened the cash cycle.