Shipping Industry Combat Inefficiency with Digitalization
CyberLogitec, a provider of maritime and port logistics operations technologies, said that combatting inefficiency caused by a lack of data sharing and lack of timely access to operational statistics, as well as a need for remote working, are reasons enough for carriers to embark on digitalisation.
Already used by some of the world’s leading ocean carriers, CyberLogitec’s ALLEGRO is a 24/7 web-based platform with a fully integrated system comprising of all operational and management features of containerised shipping.
Since the peak of the pandemic global lockdown, carriers struggle to cope with a drastic drop in cargo volume via blank sailings, cessation of service routes, etc. ALLEGRO boasts comprehensive vessel scheduling and dynamic route network management, enabling liners to adjust capacity proactively to match demand. As a result, it improves asset deployment, optimises slot allocation and space management on vessels, to maximise load factor and space utilization during these depressed conditions.
The end-to-end integrated solution encompasses an extensive range of cost control modules to track and manage operational costs spanning equipment, charter, bunker, port, terminal, depot, repairs and transportation.
Near real-time visibility of operational business performance via P&L and contribution margin analysis allows carriers to adjust capacity in tandem preemptively with cargo volume recovery and prevents further erosion of freight revenue. At the same time, it enables tactical decisions to reduce their operating costs.
Another of CyberLogitec’s solution, CARA, is a multi-tenancy Software as a Service (SaaS) platform service that facilitates carrier-to-carrier and carrier-to-terminal collaboration. Inter-liners partnering can flexibly scale up their collaboration by seamlessly exchanging critical information from schedules, special cargo applications, vessel operations, slot allocations and utilization to settlement. These raise their operational efficiency and accuracy to deliver a consistent customer service level regardless of when they are sailing on their own or partners’ vessels. Carrier-to-terminal collaboration ensures optimizing port stay durations by streamlining port operations through real-time synchronization of berth window allocations and stowage operations productivity.
The cloud-hosted platform has the advantage of access and visibility to updates in real-time, which can be directly interfaced to carriers’/terminals’ legacy system, thereby raising productivity, data accuracy and information timeliness by eliminating excessive time and efforts spent on the exchange and reconciliation of data.
“By incorporating predictive analytics, our solutions provide simulation capabilities to enable carriers to proactively plan, predict and adjust their business operations, in order to stay ahead and thrive regardless of peaks & troughs in the economy,” says Head of Global Business Consulting, Mr. Low Wai Mung.
(This article was first published on Seatrade Maritime News)