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.
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);
Moreover, the impact of these events can be seen through the actionable intelligence we provide;
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).
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.