News / No cheers for shipping lines as Diageo calls for better schedule reliability

© Khunaspix Dreamstime.

One of the world’s premium drinks companies has revealed how container shipping line unreliability has cost it around £3 million in extra inventory costs so far this year .

Mark Holloway, Asia-Pacific customer services and logistics director at Diageo, told delegates at this week’s TOC container supply chain event in Singapore that schedule reliability of eastbound Europe-Asia container services was so poor that he had to increase inventory by 34% in south-east Asia and build buffer stocks so his customers could ...