SHIPNEXT Monitor, as a solution to help manage door-to-door delivery. Due to its algorithm structure, and with the help of big-data analysis and linear programming, SHIPNEXT can be integrated into an existing supply-chain management solution, or be used as a backbone to build a tailor-made solution.
Maritime transportation, being responsible for over 83% of international trade, is not only the most cost-efficient mode of transport but is also a limiting factor in door-to-door transportation. Planning maritime transportation comes before planning delivery dates to port and, thus, transportation by land. Therefore the management of real-time data and information flows, and the ability to process it helps efficient planning of inventory management and delivery schedules based on a combination of factors affecting transit time.
Ship’s speed, schedule, position, arrival time, berthing, loading/discharge rates, free storage time at port, weather, congestion, distances and more, all have an impact on supply-chain management. Having all this data processed in real-time, as well as providing tools for cargo tracing, is a key aim of SHIPNEXT.
A shipper of a commodity that supplies his products from port A to port B, could use SHIPNEXT to hold a reverse freight auction. Some clients go as far as full automation of this process by, first, holding a vetting and carrier approval process. All carriers are asked to agree on all terms and conditions prior to their participation in the freight bidding.
With all the terms and conditions agreed, the freight contracting phase is down to identifying the best matching ship in terms of size, ability to match loading dates and freight. It is only that freight that is negotiable, allowing shippers to automate this process if they find it necessary.
As soon as the Ship is fixed, both the port/terminal of loading and discharging receive the main agreed terms, cargo name, quantity, loading and discharging terms, and ship’s particulars. Satellite and terrestrial data, as well as connectivity with operational software, allow ports/terminals to stay up to date to real-time data on the Ship’s estimated arrival time.
The advantage of the shipping company is that it is able to better plan its speed and schedule. The advantage for the shipper is the ability to plan delivery to port to avoid waiting times and unnecessary storage costs. The port, in turn, benefits from a better turnover.