Navis Report: Data Sharing Demand Outweighs Risks
A new industry survey released by Navis and XVELA in conjunction with the start of TOC Europe 2018 states that maritime supply chain executives are realizing the immense value to be gained from a more connected, transparent and collaborative approach.
As a result, they are exploring cloud-based, collaborative data-sharing platforms to provide all stakeholders with the real-time visibility and connectivity required to improve efficiency and productivity.
This means that the potential rewards of data sharing are beginning to outweigh the concerns of data visibility within the industry.
The study, entitled 'Working as One', is based on a survey of 250 shipping industry executives and professionals from terminals, ocean carriers, shippers, logistics providers, consignees, port authorities, vessel owners and other members of the global container supply chain.
The report examines the extent to which different players can work together in a unified fashion with a common set of shared data to improve coordination and synchronization of operational processes.
With increasing executive buy-in for greater collaboration and data sharing around end-to-end container planning processes, the industry idea of tapping into a larger ecosystem of shared data appears to be within reach.
Surveyed executives echoed the sentiment that critical data visibility was key to a more efficient supply chain, the report recorded the following:
- Agree on the need for stakeholders to operate with a common set of data (97% important; 85% very important)
- Believe the adoption of new technologies is crucial to enabling real-time collaboration (98% important; over 50% very important)
- Believe they will see substantial improvement in operational performance once real-time collaboration is achieved (one-third predict gains over 75%; over half expect gains of at least 50%)
Andy Barrons, Chief Strategy Officer, Navis, said: “Traditionally the ocean shipping industry has been comprised of isolated processes.
“Sailing schedules have not been accurate; as ships would often speed to a terminal, only to wait there because of delays affecting other vessels that, in the absence of real-time data, could not be anticipated.
“In response, XVELA and Navis are developing technology to enable the simplification and synchronization of planning processes across the container flow from stowage planning, to berth-window management, to yard planning.
“There are initial pilot programs in place and beyond that, quite a few other ports are already looking at collaborative platforms as a key for reducing congestion and taking out the unpredictability of the container’s flow through the port, all the way to the shipper’s distribution centre.”
Guy Rey-Herme, President, XVELA, said: “It is incredibly hard to manage what you cannot see. There is a real need throughout the ocean supply chain to synchronize traditionally siloed activities into a more streamlined process based on communicating a higher quality of data and sharing that information earlier; allowing more time to plan the whole operation.
“XVELA is designed to provide visibility in real time, so that each party can make better-informed decisions using reliable information.
“Ultimately, as the industry achieves the ideal of ‘working as one,’ the resulting transparency and efficiency gains will allow stakeholders across the supply chain to not only cut costs, but also to focus more keenly on what counts even more – the customer.”
The full survey is available from Navis and can be downloaded by following this link