Visibility is vital to improve safety, security, accountability and resource utilization across the entire supply chain ecosystem, including for shipping lines, intermodal carriers and cargo owners. Let’s think for a second about what we mean by visibility.
Visibility means real-time access to critical information about the location, movement and status of goods, assets and resources, at every point in the supply chain. This includes the transport asset and cargo’s location, conditions and handling processes, as well as the responsibilities and transactions between participants.
To “progress” intermodal visibility, a visionary approach is required. One that emphasizes using unique new data to create services for stakeholders — to transform their operations. Let’s think about it this way. If data is the new “oil,” then the supply chain industry needs raw data to be refined, and it needs a powerful analytics “engine” to drive insights to propel the industry forward. With the right combination of technologies, users can optimize routes, improve operations and transform the customer experience.
For shipping lines, this means analyzing and leveraging data to make informed decisions, automate processes and enhance trust. Participants need to be able to combine and share their data securely and effectively. This involves standardizing data formats and protocols, enabling interoperability between systems and delivering secure data-sharing platforms and APIs.
Intermodal carriers, transport providers and facilitators like ports, distinguish themselves by providing excellent service. Supply chain visibility progress is held back by the inability to provide the right information at the right time. When cargo owners are informed of cargo status, risks, alternative routes, delays and schedule changes, it means they can make adjustments without losing reputation. They can also create new innovative business models and services by delivering “insight-rich” applications.
Unlike with physical assets, data can be used to create value for multiple parties simultaneously. Asset Intelligence by Nexxiot enables ocean carriers, cargo owners and other supply chain participants to make the right decisions, embrace uncertainty and progress from visibility to process control, automation and service innovation.