If you run a business that ships in significant volumes, it makes sense to look at your business from a data science perspective (if you haven’t done that already). The new age of business is very data driven and it is so with solid reason. Data helps you obtain insights that are just lying there in front of you. Data integration helps reduce costs and optimize operations and meet customer demands and expectations.
Data integration platforms are plenty when it comes to shipping. They offer quick connections and message translations for all stakeholders in the supply chain. These platforms easily connect carriers, shippers, consignees and their systems around the world to facilitate efficiency, accuracy, speed, and agility. Such an accurate real-time flow of data optimizes all supply chain processes while being transparent in every step. These data integration systems make use of Big Data, IoT and analytics apart from high end technology. In most cases, just adding a modern integration layer to the existing systems will make it work as a whole. The integration layer allows sharing of data, whatever the format is. A cloud based data integration system is best recommended for risk-averse shipping platforms. Cloud systems are very secure for all kinds of data sharing.
There are several data integration platforms that specialise in cross stakeholder shipping. Apart from usual services, they offer data management, transfer, transformation, and translation, as well as orchestrating processes between partners and systems. For example, the shipper and receiver are in sync with real time data captured via sensors and GPS. When the package changes hands, changes geographic zones, everyone involved knows. Anyone in the supply chain can figure out where their package is, how long it would take to reach the destination, and if there is a delay in the delivery. Data sharing is in real time and is transparent. What’s more? Counterparts from Japan and France can view all this in their own language and integrate data from their own language with their global counterparts. There is no human intervention in collecting data and sharing it. So, there is nothing lost to human error. Less manual labor results in efficient processes and this improves margin.
Industrial Internet of Things (IoT) has the ability to improve the visibility and traceability of shipments. This is an emerging technology that couples very well with data science and artificial intelligence. IoT with tracking and tracing solutions with sensors and devices are revolutionizing the way shipping works. Everything becomes easier with data integration.