An Analysis of the Challenges in Freight Forwarding for High-Value Goods for Ensuring Security and Compliance at Acumen Intra Logistics Chennai, Tamilnadu
This study explores the challenges encountered in freight forwarding for high-value goods, specifically focusing on security and compliance concerns at Acumen Intra Logistics. As global trade continues to expand, the transportation of high-value goods has become increasingly complex, necessitating enhanced security protocols and rigorous compliance with national and international regulations. The analysis examines how Acumen Intra Logistics manages these challenges, considering both logistical and regulatory factors. Through a detailed survey of employees and stakeholders within the organization, data on various security risks, compliance adherence, and operational efficiency were collected. To assess the significance of these challenges, a T-test was applied to compare the differences in perceived risk and compliance issues across different logistics teams. The T-test helped identify whether the differences in responses were statistically significant, offering insights into the effectiveness of existing security measures and compliance strategies. Results indicate that while Acumen Intra Logistics has implemented comprehensive security frameworks, there are still significant gaps in specific areas, such as real-time tracking and regulatory documentation. The findings emphasize the need for continuous improvement in both security technologies and compliance training programs. Recommendations for addressing these challenges are also discussed, focusing on the integration of advanced technologies such as blockchain and AI, as well as enhanced stakeholder collaboration. Keywords: Freight forwarding, high-value goods, security, compliance, T-test, Acumen Intra Logistics, risk management, operational efficiency.
Authors
- Janardhan G Shetty
- Macklin Sundar Raj J
Institutions
- Bangalore University (IN)
Publication Details
- Journal
- INTERANTIONAL JOURNAL OF SCIENTIFIC RESEARCH IN ENGINEERING AND MANAGEMENT
- Published
- 2024-12-30
- DOI
- https://doi.org/10.55041/ijsrem40196
- Primary Topic
- Supply Chain Resilience and Risk Management
- Type
- article
- Field-Weighted Citation Impact
- 0.00