fbpx
DB Schenker - Now That's Logistics
  • English
    • Español
  • Insights
  • Shipping & Logistics
  • Digitalization
  • Trade
  • Industries
    • Aerospace & Defense
    • Automotive
    • Beverages
    • Chemical
    • Consumer
    • Electronics
    • Fashion & Retail
    • Healthcare & Pharma
    • Industrial
    • Marine Parts
    • Oil & Gas
    • Semi Conductor & Solar
No Result
View All Result
  • Insights
  • Shipping & Logistics
  • Digitalization
  • Trade
  • Industries
    • Aerospace & Defense
    • Automotive
    • Beverages
    • Chemical
    • Consumer
    • Electronics
    • Fashion & Retail
    • Healthcare & Pharma
    • Industrial
    • Marine Parts
    • Oil & Gas
    • Semi Conductor & Solar
No Result
View All Result
DB Schenker - Now That's Logistics
No Result
View All Result
Home Trade

Securing Cash Shipments in Chile with DB Schenker’s Smartbox

January 5, 2018
Chilean Pesos

Chilean Pesos

Share on FacebookShare on Twitter

This post is also available in: Spanish

Concerned about everything from late shipments to robberies to tampering, this currency house relies on a smart tracking system, experienced carriers, and police escorts to get its high-value cargo from origin to destination.

Transporting large amounts of currency and cash can be tricky business in any country, but in certain areas of the world the commercial side of the business requires additional oversight, security, and tracking.

To move products from an origin bank in one country to a destination bank (either within the same country or outside of its border), shippers need to know not only that their products will arrive on time, but they’ll also not be tampered with, stolen, or hijacked.

Money, Money, Money

Chilean Pesos
Chilean Pesos

Knowing how important these considerations are for currency houses, DB Schenker recently began working with one Chile-based operation that needed help shoring up its cash- and currency-based logistics operations.

The company, which issues coined currencies for customers in Central and South America (i.e., Guatemala, Salvador, Nicaragua, and Paraguay), also imports raw materials from Europe and Asia. Occasionally, the currency house exports “defective” coins (e.g., those that have no commercial value) to Asia.

All of these activities require a high level of oversight and consideration, lest the valuable cargo be stolen or otherwise tampered with. To make sure the latter doesn’t happen, DB Schenker has deployed a number of security tools, including the DB SCHENKERsmartbox tool for monitoring deviations and robberies, security entities (escorts, law enforcement, etc.), and experienced trucking companies that understand the nuances of transporting high-value cargo.

DB Schenker smartbox

“There are many areas and details involved with this particular customer’s supply chain,” says Myriam Vasquez, Sales Manager for DB Schenker Chile. “Because of the type of cargo that they’re moving—and the countries where the high-value cargo is going to and from—we have to consider the security aspects of every single shipment, no matter how big or small.”

Those considerations apply at the shipment’s origin, destination, and throughout the entire transportation process. “It’s not easy,” says Vasquez. “In fact, for every shipment we have to review the cargo and packing conditions in order to avoid extra costs and/or loss to the carriers’ bookings.”

Flexible, Knowledgeable Logistics Expertise

According to Vasquez, the currency house approached DB Schenker in early-2017. It was looking for a flexible and experienced logistics company—preferably one that already had an established network in the various destinations that it was shipping to.

“We quoted several opportunities (both air and ocean), and in September 2017 we won an initial contract for a shipment to Guatemala,” Vasquez explains. “That particular project involved a very complete logistics chain and security escorts.”

For that particularly shipment, DB Schenker’s sales department quoted the complete supply chain process from Santiago to Puerto Quetzal. Once the shipment was confirmed SLI (Logistics Local Services), the logistic provider secured special trucks, escorts, and the policy entity to take the cargo from the currency house to the Port of Valparaiso.

“Our solutions department installed DB SCHENKERsmartbox at the customer’s site, and then the currency house used it to monitor the cargo from point of origin to destination,” says Vasquez, whose team also worked on a shipment to Nicaragua for the currency house.

For that deployment, Chilean Customs appointed a physical inspection for the high-value cargo, which would be kept overnight in DB Schenker’s warehouse. “The next day, the cargo was inspected at the client’s facilities,” says Vasquez, “and a new air booking reservation was coordinated.”

Vasquez says the company is pleased with the results of these first two engagements, and that DB Schenker looks forward to lending its expertise on future shipments in 2018.

“They saw our level of commitment right from the first contact because we always look for alternatives based on price, departure/arrival dates, transit time, connectivity, and more,” says Vasquez, “all the while factoring in cost optimization by avoiding extra costs that can be incurred when shippers get bad or incorrect advice.”

SaveSave

SaveSave

SaveSave

SaveSave

SaveSave

Next Post
CBP extends initial implementation of in-bond regulatory changes to July 2, 2018

CBP extends initial implementation of in-bond regulatory changes to July 2, 2018

RECOMMENDED

Top 15 Ports in The Americas

Top 15 Ports in The Americas

March 16, 2018
Top 15 Ports in the Americas 2019

Top 15 Ports in the Americas 2019

June 24, 2019
Fast Facts: What You Need to Know About Chile’s Port of Valparaíso

Fast Facts: What You Need to Know About Chile’s Port of Valparaíso

December 19, 2022
3 Things You Need to Know about Importing Chocolate

Three Things You Need to Know about Importing Chocolate

February 2, 2017

TRENDING

The Port of Manzanillo — Poised for Growth

The Port of Manzanillo — Poised for Growth

May 15, 2018
The Top 10 Freight Airports in Latin America

The Top 10 Freight Airports in Latin America

October 21, 2019
The Port of Vancouver — What Drives Canada’s Busiest Gateway

The Port of Vancouver — What Drives Canada’s Busiest Gateway

December 13, 2018
Thought Leadership Updates with David Buss

Thought Leadership Updates with David Buss

January 4, 2024
Meet the largest port in Eastern Canada, Port of Montreal

Meet the largest port in Eastern Canada, Port of Montreal

August 17, 2023
DB Schenker Logo

DB Schenker is the world's leading global logistics provider, delivering over 150 years of premium performance and transportation solutions. One call gets our customers on the fast track to nearly 2,000 locations in all of the world's most important economic regions.

Contact Us

United States
+1 (800) 225-5229 (in USA)
+1 (602) 458-6200 (outside USA)
www.dbschenker.com/usa
Canada
+1 905 676 0676
www.dbschenker.com/ca

Categories

Visit Us

• DB Schenker Americas
• DB Schenker Canada
• DB Schenker Careers
• DB Schenker USA
• Trade Advisory Solutions

Follow Us

• LinkedIn
• Twitter USA
• Twitter Canada
• Facebook

© 2022 Schenker Americas, Inc. | Privacy Policy

We use cookies in order to optimize our website and continually improve it. By continuing to use this site, you are agreeing to our use of cookies. You can find further information on cookies in our privacy policy. Accept
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Insights
  • Shipping & Logistics
  • Digitalization
  • Trade
  • Industries
    • Aerospace & Defense
    • Automotive
    • Beverages
    • Chemical
    • Consumer
    • Electronics
    • Fashion & Retail
    • Healthcare & Pharma
    • Industrial
    • Marine Parts
    • Oil & Gas
    • Semi Conductor & Solar
  • pt-br Português
  • fr Français
  • es Español
  • en English

© 2022 Schenker Americas, Inc. | Privacy Policy