Exception Rate
Exception alerts are notifications sent to stakeholders in the supply chain when there is a deviation from the planned logistics process. These alerts can indicate issues such as delays, damaged goods, or routing changes. Exception alerts enable proactive management of potential problems, allowing for quick resolutions and minimizing the impact on the overall supply chain efficiency.
Related glossary terms
All commodity rate
An all commodity rate is a freight rate applied to a broad range of goods regardless of type. Learn how it simplifies costs and differs from exception rates.
Arbitrary
An arbitrary is an extra freight charge applied when a shipment deviates from a standard route or needs special handling. Learn how it is calculated and billed.
Freight Bill
Freight Bill is a carrier-issued invoice to the shipper detailing all transportation charges, including origin, destination, weight, dimensions, and applicable…
Ocean Freight
Ocean Freight refers to transporting goods by sea using container ships or bulk carriers, the dominant mode of international trade due to its large-volume…
