Because Out of Sight should not become Out of Control.
With an ever expanding manufacturing base and global market presence, the duration & amount of inventory in transit has steadily inched up. Furthermore, the impact of delays or disruption now have a much larger ripple effect on supply chain execution. As a result, up to date visibility into in-transit inventory with real time integration to carriers’ systems or 3PL service provider’s system is critical to your success in meeting your customer commitments.
OpsVeda—Product in Transit gives your logistics execution teams, real time cumulated visibility to your products and shipments while in transit, through all stages from the time goods leave the factory/ warehouse to proof of delivery. The dashboard based solution interprets data from internal systems, carriers and customers in real-time and proactively notifies your team of potential delays and other exceptions to ensure early remedial action.
- Global customer base
- Ad-hoc replenishment needs
- Non-compliance penalties/charges
- Distant manufacturing
- Shipping cost containment
- In-transit inventory trace-ability
- Re-routing on short notice
- Frequent expedites
- Analysis of shipping & delivery trends
THE OPSVEDA SOLUTION
- Current view of In-transit inventory
Current View of In-transit Inventory
With real-time integration to carrier tracking sites, OpsVeda – Product in Transit, provides the most current status about your shipments at any point of time. This comprehensive application allows for detailed drill down by location, route and stage of inventory. It also provides a detailed breakdown by product groups, by dollarized lot value, product type and shipping location.
- Order linked alerts about likely delays
Order linked Alerts about likely Delays
The OpsVeda—Product in Transit application continuously monitors the actual shipment progress against the plan. A delay at any stage is compared to buffers and any changes in plan, to alert the sales operations team to the potential delivery delay. Apart from the carrier provided plan, the operations team can set up their own predefined milestones to detect unexpected events.
- Route change impact analysis
Route Change Impact Analysis
Unpredictable weather and traffic conditions often require shipments to be re-routed. The search feature of OpsVeda allows the operations manager to quickly zero in on shipments headed to certain locations or hubs and redirect them where necessary. Some times redirections would be necessitated by customer actions (eg. rush order). Here also the operations personnel can leverage the search feature to identify lower priority shipments that may be redirected and are in proximity to the customer.
- Configurable graphs & reports
Configurable Graphs & Reports
With an increase in geographic spread of the supply chain, shipping costs have come under the spot-light more often than before. For the sales operations team it is probably the biggest cost element they can directly control. OpsVeda—Product in Transit, provides a host of reports that allows the team to analyze shipping & delivery trends. Further it allows them to configure their own reports without any IT assistance and do the necessary tracking and management.
Your sales operations team will know about deviations from plan in real-time. The system will also highlight cases of potential delivery delays in advance allowing the operations team to work out alternate routes or shipment modes, resulting in penalty avoidance and improved customer satisfaction.
Reduced shipment costs
Your operations team will have visibility to shipping & delivery trends, as well as current status of all shipments. This will allow for better shipping route/mode decisions.
Resolving Shipping related exceptions normally involves significant communication with carriers, forwarding agents and customers. OpsVeda provides collaboration features that allows effortless in-contextual communication.