The importance of supply chain visibility and control is never more obvious than during an industry disruption. Prompt communication amongst stakeholders of at-risk orders, versus those that are moving as planned, is critical. Our Order Management solutions – while always valuable - prove to be especially useful during turbulent times.
The ability to rapidly consume and collate order data enables us to pinpoint orders at risk of delay. Companies can take control, make proactive decisions, and keep their supply chain functioning as smoothly as possible, regardless of circumstances.
If companies require an even higher level of supply chain precision, Expeditors Carrier Allocation is a solution that goes beyond smoothing out bumps in the supply chain. Our cloud-based collaborative portal forecasts, plans, and connects carriers and forwarders weeks before shipping to determine the optimal flow of products before booking.
Simply put, this tool accepts your ocean volume forecast up to 14 weeks in advance, matches it with your chosen carriers’ sailing schedules, determines the most optimal sailing for each order due to ship, shares the forecasts with the carriers, and secures the space you need – weeks before any bookings are made.
Throughout the coronavirus (COVID-19) outbreak, customers utilizing our Order Management solutions have had increased visibility compared to those who are not.
To help ease the volatility from this disruption, we are proactively pulling our customers’ orders facing potential delays, combining this information with local market updates provided by our global network, and sharing it with them in a customized dashboard view.
Below are how six of our current customers apply this powerful information in various ways:
Before the COVID-19 outbreak, they successfully moved 20-30% above their space agreement until their ocean carrier unexpectedly began rejecting requests for volume above their agreement. Since Expeditors Carrier Allocation plans up to 14 weeks in advance, the company can secure an agreement with an alternate provider for the same rate as their awarded carrier.
Expeditors Order Management data and Expeditors Carrier Allocation allow companies to prepare for inevitable disruptions within supply chains. Ocean carriers also benefit by receiving a better view of planned volumes weeks in advance, helping them decide how to adapt.
Don’t fall flat during times of disruption. Use data to confidently make decisions and empower your supply chain to ensure your freight keeps moving during uncertain times. Reach out for more information or to talk to one of our logistics experts about a solution that is right for your supply chain.