Real Time Visibility offers significant benefits to everyone across the supply chain, from suppliers to carriers to retailers. And as a retailer, you can leverage the power of Real Time Visibility to eliminate guesswork about shipment locations and arrival times and proactively address delays before they become costly.
Real Time Visibility Integrated into Mercareon Starting 2 November 2020
As part of our ongoing effort to integrate real-time visibility into the entire supply chain, we will be upgrading Mercareon to directly include Real Time Visibility. Carriers will then be able to assign vehicles within the Mercareon system. Retailers will then see the ETA of all tracked shipments directly within the Mercareon booking.
This partnership will allow us to improve the efficiency and productivity of our distribution network. Providing clear, exact and reliable information will ensure that our products reach our stores and customers in the most efficient way.”
Today’s logistics ecosystem is rife with inefficiencies. We see that between 60 and 70% of trucks that are “on time” for their slots in fact arrive extremely early in order to avoid delay penalties. This “asset blocking” is ultimately charged to suppliers and retailers, as the truck is not in use delivering goods for other customers.
Daily business is dominated by either planned or unplanned deviations at the goods receipt. This can be caused by external factors like heavy traffic or delays in previous unloading or by internal factors like illness or broken equipment. In either situation, it’s clear that deviations are inevitable.
In order to reduce the negative impacts of these deviations, carriers build in buffering time.
Carriers would rather come extremely early than risk being sanctioned for arriving late. To avoid this possibility, they may book additional time slots, and if necessary, let the unused slots expire.
On average, a “punctual” truck arrives more than 100 minutes early. They occupy space at the warehouse for over an hour. This results in costs of approximate 500k EUR per 10,000 trucks for all parties along the supply chain.
With our push toward Real Time Visibility, we are supporting cost-reduction throughout the global supply chain.
An excellent example of how digital technology can help us address today’s challenges."
Better manage your people and resources
With precise ETAs for each truck, Real Time Visibility enables you to optimize your inbound operations at your warehouses as well as reduce dwell times by merging visibility and planning. And with increased inbound predictability, you’re able to reduce idle resources and labor.
Keep track of goods flows
Any delays that could lead to utilizations gaps are closely tracked and shared, enabling you to intervene proactively. Real Time visibility easily identifies relevant cases for exception handling, allowing you to focus your attention where it is needed to ensure on-shelf availability.
Reduce costs of the inbound supply chain
When trucks reduce their cost-binding buffer times and shorten inefficient waiting times, their assets are optimized and they can offer better costs to shippers, who in turn charge you as retailers less.
Decrease CO2 emissions
By avoiding empty runs and unnecessary runs of replacement vehicles for trucks stuck at occupied docks as well as eliminating waiting and forward-moving vehicles in long queues, we can significantly reduce CO2 emissions
Key Advantages Of RTV for Suppliers:
By reducing internal check calls by 50%, suppliers can significantly improve labor management. It is possible to reduce 15% of FTE in transport planning departments.
By eliminating inefficient or unfulfilled time slots, suppliers can reduce administration efforts for handling dwell and detention times by 15 minutes per transport, account for approx. 2% of freight costs.
Retailers customers love — and have come to expect — a real time response to their inquiries. With improved visibility and proactive notifications, suppliers can see a 20% increase of on-time delivery and a 10-point improvement in your customer NPS.
Reduce CO2 emissions by up to 7% by reducing the empty miles resulting from faulty deliveries. Route tracking and removing idle and empty loads all contribute to increased efficiency.
Key Advantages Of RTV for Carriers:
Greater control over deviations leads to reduced risk which in turn lead to lower insurance costs.
By reducing waiting and dwell times, minimizing empty miles between trips, reducing unpaid demurrage, and making more trips per month, carriers can massively improve their asset utilization.
With fewer delays and early arrivals, carriers are able to improve service for their customers. As a more valuable carrier, they increase customer loyalty and win new business.
Having a better alignment with environmental goals is now business critical. Create greater efficiency and reduce CO2 emissions by tracking your routes and removing idle and empty loads.
CUSTOMER TESTIMONIALS
Yard Management
Benefit from transparent procedures and maintain control over all vehicle movements to ensure even utilisation of your loading and unloading ramps and personnel while significantly reducing vehicle wait and processing times.
Time Slot Management for Retail
Time Slot Management for Retail has been specially developed for deliveries to central warehouses, distribution centres or cash & carry depots. Retailers can plan and control deliveries more effectively and better utilise capacities at the loading docks.
Get in touch with a sales representative to learn more about how to optimize your entire supply chain with Real Time Visibility. We’ll help you activate your suppliers and carriers, unlocking benefits for everyone in a classic win-win scenario.