What is CargoValue?
CargoValue is a supply chain management solution designed for industrial companies involved in the transportation of raw materials. According to the vendor, Klaveness Digital AS, this product is tailored to meet the needs of senior directors of trading and business intelligence, vice presidents of maritime and supply chain excellence, senior associates in inbound logistics for mining and metals, port schedulers in the mining and metals industry, as well as fuel procurement directors in the oil and energy sector. CargoValue aims to optimize inventory, streamline logistics, reduce emissions, and enhance overall supply chain performance.
Key Features
Inventory overview and planning: According to the vendor, CargoValue provides predictive insights to anticipate and proactively address potential inventory shortfalls, reducing the risk of disruptions to the supply chain. It also offers real-time visibility into inventory and logistics.
Analytics and dashboards: The vendor states that CargoValue offers a suite of dashboards and data analysis tools to derive actionable insights from shipment and inventory data, helping businesses make informed decisions.
Shipment scheduling and port line up: CargoValue provides real-time alerts and insights into potential disruptions, enabling proactive issue resolution and minimizing their impact. It also facilitates optimizing shipment schedules and port line-up.
Emissions data and calculations: According to the vendor, CargoValue measures and reports on sustainability performance, tracks progress, and identifies areas for improvement to reduce CO2 emissions related to shipping and logistics.
Integrations: CargoValue offers standardized APIs for fast and efficient deployment, eliminating the need for expensive infrastructure. It can seamlessly integrate with other software and tools to enhance overall operational efficiency.
Security: The vendor emphasizes that CargoValue utilizes advanced encryption technology and multi-layered security measures to safeguard data. Regular updates and maintenance ensure data safety, while compliance with industry standards and granular access control are maintained.
Supply chain resilience: CargoValue enables businesses to adapt and recover from unexpected disruptions by providing increased visibility and risk management capabilities. The vendor claims that it enhances stakeholder collaboration, ensuring a resilient and reliable supply chain.
Reduce demurrage: CargoValue helps in detecting upcoming threshold breaches and scheduling conflicts, enabling adjustments to avoid conflicts at berth. It aims to reduce demurrage exposure and optimize vessel line-up.
Lower safety stock: According to the vendor, CargoValue optimizes shipment schedules and narrow laycans to reduce safety stock. It facilitates the swapping or relocation of vessels as needed, as well as lineup adjustments and speed optimization to lower working capital.
Reduce emissions: CargoValue aims to minimize costs, risks, and CO2 emissions associated with shipping and logistics. It provides real-time, actionable data for the implementation of effective emission reduction strategies.
