Navis In the News

Jun 21, 2017 – Supply Chain Quarterly

Study calls for digitization of maritime shipping data

The lack of data sharing affects importers, exporters, container carriers, terminal operators, vessel owners, and other stakeholders, all of which suffer from poor visibility and predictability around shipments, according to the study, "Competitive Gain in the Ocean Supply Chain: Innovation That's Driving Maritime Operational Transformation."

On average, surveyed executives estimated that each of a wide range of ocean supply chain processes could be improved by as much as 66 percent and no less than 55 percent if the industry updated its IT systems and improved its ability to share data with other members of the supply chain. “Our study underscores the critical need for the shipping industry to improve collaboration and visibility through the adoption of new technology-driven models and processes,” said Dave Murray, head of thought leadership for the BPI Network. “Perhaps partly because the industry has been preoccupied and constrained by its economic challenges—but also because many of its members are just plain resistant to change—the industry has been far too slow to enter the digital age.”

The maritime industry and broader ocean supply chain are suffering from major and costly inefficiencies due to ineffective data sharing and poor cross-industry collaboration, according to a new report and industry survey released today by the Business Performance Innovation (BPI) Network in coordination with Navis and XVELA, both part of Cargotec.

The findings indicate that importers, exporters, shipowners and other stakeholders suffer from poor visibility and predictability around shipments and are losing money due to a lack of partner synchronization and insufficient data insight. However, there is recognition, particularly among industry leaders interviewed, that digitization and mindset shifts are afoot, and will be a boon to all players in the industry.

Jun 21, 2017 – Material Handling & Logistics

Maritime Shipping Needs Better Data Sharing

However, there is recognition, particularly among industry leaders interviewed, that digitization and mindset shifts are afoot, and will be a boon to all players in the industry. “Everyone benefits from collaboration and data sharing,” says Andreas Mrozek, Global Head Marine & Terminal Operations for the Hamburg Sud Group, one of the world’s largest container shipping lines. “It starts with the customers and moves to the carriers, then the terminal operators, vendors, freight systems, truck companies, and keeps going down the line. Closer collaboration is a compelling value proposition for each supply chain partner.”

A lack of transparency and coordination between stakeholders hinders cargo movement in much of the supply chain, but it is unclear whether the industry is ready to embrace technology and take the necessary steps to remedy the problem, a study released Tuesday and compiled by the BPI Network, a professional networking organization, and three shipping industry technology companies suggests.

Logistics firms in the ocean supply chain need to apply digitized data sharing to avoid costly inefficiencies due to poor collaboration in five key areas, a maritime industry study shows. The lack of data sharing affects importers, exporters, container carriers, terminal operators, vessel owners, and other stakeholders, all of which suffer from poor visibility and predictability around shipments, according to the study.

The study, entitled “Competitive Gain in the Ocean Supply Chain: Innovation That’s Driving Maritime Operational Transformation,” is based on a global survey of more than 200 executives and professionals from terminal operators, carriers, logistics providers, vessel owners, port authorities, shippers, consignees and other members of the global ocean supply chain. The study was developed in partnership with maritime industry technology leaders, Navis and XVELA.

Jun 20, 2017 – Port Strategy

Navis-led study reveals terminal disconnects

A new study has uncovered ‘huge opportunities’ to improve performance and customer service through better use of data across the ocean supply chain. That is if the supply chain can overcome major and costly inefficiencies due to ineffective data sharing and poor cross-industry collaboration.

Jun 20, 2017 – World Cargo News

Shipping at the Tipping Point

Unsurprisingly, the study supports the view that parties right across the supply chain suffer from poor visibility and predictability around shipments, and are losing money due to “a lack of partner synchronization and insufficient data insight”. Included in the study findings are that 90% of survey participants said real-time data access and information sharing was important to increasing the efficiency and performance of the shipping industry, with 82% agreeing the industry needs to improve supply chain visibility.

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