A common dilemma in organizations working with global logistics operations is: while the benefits of various products focused on digitizing supply chains and providing an extended track and trace functionality sound so appealing, is it worth the money?
This post is another in our series explaining the practical benefits of TradeLens from client perspectives. Last week we covered how Van den Ban is using digitization platforms like TradeLens to automate their global supply chain. Today, we review how container availability events directly from the source, in near real-time, drive immediate process efficiencies for PUMA.
A first-hand perspective from Marco Guerts, Customs and Trade Compliance Manager at Van den Ban Group, on how his firm has been putting digitization platforms like TradeLens into practice within their global supply chain.
SaaS cloud-based solutions bring the latest transformations in the shipping industry to your fingertips by taking advantage of technologies for secure cloud computing, microservices architecture and dev/ops.
Youredi is for clients who are looking to connect to TradeLens but have limited inhouse resources or knowhow. You now have the option to leverage a provider already experienced with TradeLens integrations.
Cargo being transported can take different routes through logistics networks, within regions and globally. Therefore, the need for the many actors to be digitally connected is needed now more than ever.
True digitization requires dependable and trusted data which enables a virtuous cycle where organizations use and share data to their mutual benefit. That cycle is broken when you can’t trust the data, and that lack of trust has widespread impacts in the supply chain. TradeLens recently trained our attention on four approaches to improving data that will form a much-needed foundation for industry-wide change.
Container shipping experts know that valuable data is frequently locked in paper or unstructured documents, while clients and partners demand live, detailed updates on the precise whereabouts of their consignment, or other pertinent details. TradeLens is providing vendors a way to better support customers with secure, authenticated information with confidence and trust, not just between trade partners but with respect to cargo owners and the data shared.
The bill of lading is believed to be the most important transport document in international trade: a mainstay of the global supply chain that’s present from origin to destination and critical to customs clearance, financing and ownership of cargo. But for as much as shipping has changed over the decades, not much about the bill of lading (BL) has.
For a digitized supply chain setup, such as TradeLens, understanding the role of each network member in logistics is the key to enable them with the visibility to the right data. Further, addressing concerns with regards to data safety and visibility are at the core of establishing an effective collaboration across the industry.
Part of the digital growth plan for PT Salam Pacific Indonesia Lines is focused on connecting their regional supply chain business directly to the global market. To help achieve this goal the firm has joined TradeLens — part of a plan poised to enhance customer experience and allow for more efficient operations which can be translated into significant cost savings downstream.
ZIM is undergoing a new digital transformation, offering its customers and partners in global freight shipping and logistics a truly differentiated experience — with more data on their cargo, more quickly, conveniently, and securely than ever before.
The desire for streamlined regulatory compliance work, cut costs, and saved time are only some of the drivers behind the growth in digital trade ecosystems. Leaders in trade finance have been competing to develop platforms allowing them to focus on financing, rather than paper-pushing.
Whether it's global freight shipping or specialized parts procurement, mass market retail or niche e-commerce, the business of sourcing and delivering products has gotten faster, more granular, and more complex since the third-party logistics (3PL) field began its digital transformation.
Until now, it’s been hard to put a finger on just how much money trade facilitation initiatives such as TradeLens could save shippers. A new study by QBIS provides new indications.
Now that the ocean carriers of more than half of the world’s containerized freight are set to join TradeLens, we wanted to hear what shippers think about the platform’s growth.We wanted to know how they expect to benefit from tighter integration with large and small ocean carriers alike? How will faster access to more ocean carrier data (and data from their partners) impact their supply chain? And how will this new dynamic enable them to move goods to their customers with more ease or speed?
Explore how TradeLens is shaping the future of global trade. Learn how TradeLens can benefit you by clicking on the information below.
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