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In recent logistics earnings talks, the slowdown in freight volumes took center stage. But there's a bigger story — technology's rise in logistics and data gaps. But why should you be concerned about terminal visibility, detention, and data? Allow us to share the insights from IANA EXPO 2023, courtesy of BlueCargo.
From Left to right: Matthew Wittemeier @Inform Software, Harris Ligon at Telepgraph, Yamini Vellore @Blume Global, Grant Pollock @BlueCargo & Larry Cuddy @Envase Technology (WiseTech global)
Grant Pollock, representing BlueCargo, delivered expert insights in this article. His presence added depth to our discussion on logistics and data management. We'll explore his key takeaways and the role of data and tech in modern logistics.
The Significance of Data
In today's dynamic logistics landscape, data reigns supreme. But what makes it so important? Let's delve into it:
📦 No Universal Record System: The absence of a universal system of records has led to chaos, with each company managing its own. Today, having access to information 24/7/365 is vital. BlueCargo steps in to revolutionize this scenario.
💰 Cost Savings: Businesses are pouring millions into consolidating their data. The magic begins when you have all your data in one place; it's a game-changer.
📊 Storage Matters: It's not just about data accumulation; it's about effective utilization. Imagine receiving a critical invoice requiring immediate attention. You need to delve into the past to understand the situation. This is where BlueCargo's system of records becomes invaluable. It acts as your audit trail, assisting you in identifying who should bear the cost and responsibility. Data storage isn't a luxury; it's a necessity.
🚀 Ready to Dive In? If you haven't embraced BlueCargo yet, it's high time to get on board. If you're already a user, consider upgrading to unlock the full potential of your data.
Demystifying AI
You've undoubtedly heard the buzz about AI, but what does it mean for your logistics operations? Let's explore:
🤖 AI at Your Service: AI isn't merely a futuristic dream; it's your logistics superhero. In an industry that still relies on pen, paper, emails, and phone calls, AI is a game-changer. According to McKinsey, the successful implementation of AI has helped businesses improve logistics costs by 15%, Inventory levels by 35%, and service levels by 65%. It thrives on repetitive tasks, and that's precisely where BlueCargo AI comes in.
🚀 Envision the Possibilities: Picture automating dispute workflows. Currently, finance teams invest hours in scrutinizing records, rates, gathering evidence, and liaising with various parties. AI simplifies this entire process.
Another research by McKinsey estimates that logistics companies will generate $1.3-$2 trillion per year for the next 20 years in economic value by adopting AI into their processes.
💡 A Dream Realized: BlueCargo's AI automation is the answer you've been dreaming of. Picture receiving an invoice, and AI seamlessly searches your database, checks your TMS, and even sends emails automatically.
🌟 Ready to Supercharge Your Logistics? If you haven't explored AI with BlueCargo, now's the perfect moment to take the leap.
Data Sharing: The Key to Breaking Down Silos
Is collaboration the magic wand to shatter data silos? Let's find out:
🔗 Entering the New Information Era: Bid farewell to outdated EDI protocols and embrace APIs. For instance, our partnership with Trinium illustrates how sharing data benefits everyone involved.
💼 Efficiency is Everything: 40% of forward-thinking organizations use big data to optimize their daily operations, while 35% say the biggest benefit is cost reduction. A testament to the rising role of data sharing in logistics. In our example of partnering with WiseTech TMS, Trinium brings unique insights, while BlueCargo possesses a four-year record of terminal data. By joining forces, we can seamlessly link operations to costs using BlueCargo's per diem service.
🤝 Collaboration for Success: If you haven't already, it's time to supercharge your operations and achieve remarkable results.
Interpreting Data…
Data interpretation isn't just a buzzword; it's your ticket to success. Here's why it matters:
🧩 Making Sense of Data: Interpreting data is like solving a puzzle. Why? The OSRA’s finalization is on the horizon, and all players need solid evidence. That's where BlueCargo's Per Diem Fighter AI comes in, simplifying the process for everyone.
💼 Unlock Savings: Many companies left millions on the table because they didn't know how to mitigate charges. With BlueCargo AI, you don't need to be an expert; just send your invoices and we’ll help you with our manage services.
📊 Defining Standards: For instance, we're developing a complexity index to define reasonable container return rates. It's about creating clarity and consistency.
At BlueCargo, we've harnessed the power of data, AI, collaboration, and interpretation. Are you ready to unlock your logistics potential with BlueCargo? Whether you're signing up for the first time or considering an upgrade, the path to a smarter, more efficient future begins now!
Join us as we pave the way for a brighter logistics future. Click below to access BlueCargo Data and make more informed decisions:
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