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Leveraging End-to-End Visibility During Times of Disruption
Disruptions, from geopolitical tensions, port strikes, pandemics, to natural disasters, pose significant challenges for logistics operations worldwide. In a global supply chain environment, proactive measures supported by end-to-end visibility are no longer optional; they’re essential.
Why Visibility Matters in Disruptive Times
End-to-end visibility enables logistics teams to gain real-time insights into their shipments, allowing for swift and informed decision-making. Visibility platforms not only track shipments but also anticipate disruptions, offering proactive rather than reactive management.
Pre-Shipment Visibility: Mitigating Risks Before They Occur
Before booking a shipment, it's crucial to understand the risks associated with specific routes. With route analysis tools such as Trusted Routes shippers can:
- Quickly identify potential disruptions at both Ports of Loading (POL) and Ports of Discharge (POD).
- Automatically flag routes that pass through high-risk areas, such as conflict zones or ports experiencing congestion.
- Make informed choices by selecting alternative routes or schedules to minimize potential delays or losses.
Consider a scenario where a shipment from Dar Es Salaam to Piraeus typically traverses the Strait of Hormuz. A route analysis solution flags schedules that pass through this recent conflict area, alerting logistics teams beforehand. This empowers shippers to choose safer alternatives, thereby reducing risk exposure.
Real-time Visibility: Navigating Disruptions as They Occur
Despite careful planning, disruptions can still occur after a shipment departs. Real-time analytics dashboards such as Wakeo's Market Intel can enhance crisis management by:
- Providing a high-level overview of all shipments heading to or transiting through impacted ports.
- Allowing rapid identification of shipments at risk of delays.
- Displaying dynamic ETAs that adjust automatically as the situation evolves, offering far greater reliability compared to traditional carrier updates, which may lag or be absent altogether.
In a recent disruption scenario, a shipment heading towards Abu Dhabi unexpectedly halted off the coast of India due to regional tensions. Traditional carrier updates became unavailable, leaving shippers blind to the shipment's status. However, using advanced visibility platforms, dynamic ETAs remained available, continuously updated through AI-driven predictive analytics, enabling informed contingency planning.
