Live Supply Chain Situational Awareness: Hurricane Larry Use Case
Hurricane Larry became the third major hurricane of this year’s Atlantic season
According to the Freight Waves article, over the last week (week of 09/05/21), Larry became the third major hurricane of this year’s Atlantic season. It forced container ship captains to steer clear as the storm passed the island of Bermuda this week, headed towards eastern Canada.
How can you proactively plan for and manage supply chain disruptions caused by natural weather events?
Our customers are in the midst of responding to this event. Fortunately, they have the benefit of using the TransVoyant supply chain intelligence platform to resist and recover from Hurricane Larry’s impact. They’re proactively taking steps to assess the impact on their inbound deliveries and outbound customer orders to apply corrective action.
If you don’t have similar capabilities, I can guess the questions running through your mind… Does TransVoyant have live vessel tracking? visibility to inbound material flow from suppliers? and outbound from distribution centers?, and a variety of control tower views? YES, YES, YES and YES!
While TransVoyant cannot predict hurricanes, we do monitor numerous types of live events (See Figures 1-3);
- port congestion
- weather
- traffic, etc.
Moreover, the impact of these events can be seen through the actionable intelligence we provide;
- predicted arrival time
- dwell time
- vessel location and speed, and more.
As an example, our customers are able to see ocean vessels with their freight sitting in the Atlantic Ocean avoiding the path of the hurricane and begin altering course days before their LSPs communicate (if they communicated) this information (See Figure 1).
But, what is better is we provide automated exception and notifications that serve to put our customer teams in a proactive posture so they can intervene early to prevent delays and mitigate the impact due to disruptions from the Hurricane (See Figure 4).
TransVoyant solution
TransVoyant uses advanced Machine Learning and AI technologies to produce precise arrival times for the customers. Leveraging Big Data streams, ML and AI we provide live situational awareness to shipments impacted with continuously updated PTAs.
Rules, conditions and other heuristics are applied to the massive amount of data to find the issue that needs attention. Case management capabilities enable a user to initiate steps to resolve the issues collaboratively across various functions within the enterprise (such as, sales, service, operations, quality) or with external trading partners.
If interested in how TransVoyant can improve your ability to proactively resist and recover from supply chain black swans and disruptions, follow the link.
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