As the globalization of world trade accelerates, achieving operational speed without sacrificing accuracy is paramount to the success of all stakeholders in the international trading system. For shippers, terminal operators, and ocean carriers alike, anticipating the exact time of arrival of each freight shipment, as well as the moment when it will be available for each subsequent link in the supply chain, remains a vital issue. Sharing timely operational information about each shipment among all parties can shed a great deal of light on the “dark spots” along the supply chain that make it so difficult to achieve this critical visibility.
In a 2018 survey of approximately 250 shipping industry executives and professionals conducted by JOC.com/IHS Markit, Navis, and XVELA, more than half of all respondents anticipated that their performance metrics would improve by at least 50 percent if they could access such real-time operational information. However, 56 percent surveyed see the lack of industry data standards as the primary challenge that needs to be overcome to achieve widespread industry collaboration.
This webcast will explore the “Working as One” survey results and examine the potential path to real-time collaboration across the industry, including cultural and operational challenges facing adoption.
Alessandra Gregory Barrett, Senior Content Editor, JOC, Maritime & Trade, IHS Markit
Andreas Mrozek, Global Head of Marine & Terminal Operations (OPS), Hamburg Sud
Scott Peoples, President TOS Business Line, Navis
Sumitha Sampath, Vice President, Operations, XVELA