Yusen Logistics has installed CyberLogitec‘s SaaS-based OPUS Demurrage & Detention (D&D) system.
In April 2022, Yusen Logistics began the OPUS D&D service, mostly in UK areas, before spreading it across the US, Europe, and China.
In addition, an expansion strategy for Southeast Asia is in the works. OPUS D&D was developed in response to the demands of an independent system, and it is capable of monitoring the Last Free Date before Free Time expiry and cost management in container DEM/DET.
OPUS D&D manages container Demurrage/Detention (DEM/DET) for 3PL companies. Due to DEM/DET costs are manually estimated, most 3PL organisations require assistance with cost management.
According to CyberLogitec, systemic management in DEM/DET is complex because DEM/DET is calculated based on the information of complex charging structure in each shipping liner.
Furthermore, it needs distinct exception management since, in many situations, free time is computed by applying its freight contract condition to each shipping liner and shipper.
CyberLogitec developed and released OPUS D&D in collaboration with Yusen Logistics, with a capable of interfacing with the 3PL Logistics system using its own DEM/DET function, which is based on over 20 years of maritime business knowledge for container shipping.
OPUS D&D includes container-based free time monitoring that links to the customer’s legacy operating system, advance confirmation of charge effective date, and calculation and verification of DEM/DET cost.
Sung Jun Kim, Vice President of CyberLogitec, said: “OPUS D&D is a stable, scalable, and efficient independent cloud-based solution that offers an easy interface to the legacy system. DEM/DET cost, as per port pileup and disruption in the logistics network, DEM/DET cost has been a major issue for shipping liners and 3PL companies.
“We expect that many logistics companies, including Yusen Logistics’ successful implementation of OPUS D&D, could meet the operating cost reduction and efficient DEM/DET management by OPUS D&D.”