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  • Have you ever wondered to look at the month on month or year on year trend of the freight that you have been paying for your export and import shipments? Would it not be helpful in order to predict the future freight movement or in making sales decisions by factoring in the likely logistics costs? This definitely seems interesting! So, go ahead, dig up those excels/invoices and start collating the data. After all, that data will help you in decision making and directly increment your company’s profits. But alas! The pile of excels is too deep and too much work. What if I told you that you can do something to avoid all this work in the future? What if you can receive all quotes on a platform from your forwarders and get the freight trend reports automatically? GoComet stores freight data of all your shipments for years and years together. It allows you to view and analyze the data according to various parameters such as route, selected forwarder, region etc and download the reports whenever you want & make better decisions with freight trend analysis. There is also a provision of an interactive dashboard that can be used to change various parameters to see graphs of rate trends, pie charts for shipment distribution etc. Companies procuring freight through GoComet give access to the platform to their marketing teams helping them in making guided sales decisions. The platform also helps you in rating your forwarders based on their freight performance or service levels over various shipments. On the whole, using GoComet for freight procurement helps you recording data in one place which can be accessed from any place and any time in the form of automatic reports. This helps you in analyzing different metrics like forwarder performance or your company’s...
  • In the pharmaceutical industry, a large percentage of the business is export-oriented. Since the goods are sensitive, i.e. perishable, they require a specific temperature for storing. Due to the nature of the cargo, most of the exports are done via Air cargo only. The freights today are very dynamic and every air shipment is unique as opposed to FCL shipments which largely remain the same irrespective of the tonnage. Hence, it is very important for companies to negotiate rates for each and every shipment in order to maximize their savings. The weight of shipments can vary from anywhere between 10 kg to 5 tonnes or even more. Most pharma companies, big or small have a large number of air shipments where the cargo is small packages weighing less than 500 kg. Since this leads to the volume of shipments being high, it becomes impractical to procure freight in the old manual way of mail and calls. Understanding this limitation, a lot of pharma clients have gone online with their freight procurement process. There has been the latest trend in the pharma industry to adopt GoComet for their freight requirements. Sun Pharma, MegaWeCare, Lupin, JB Chemicals and Pharma, ACG Pharma, Megafine Pharma are some companies following this trend. A lot of the other biggest names in Mumbai as well as Ahmedabad are also currently testing GoComet and would be subscribing soon. What is the advantage of GoComet versus the manual process or any other platform that is present? GoComet is a very specific tool built especially for international logistics as opposed to any other tool which is used for general procurement. The algorithms of negotiation used in GoComet are able to bring out the hidden savings from the existing vendors which are humanly not possible. Efficiency improvement, man-hour reduction, transparency, audit...
  • August 27, 2018

    GoComet Container Tracking Solution

    There are 40 major shipping lines that transport your cargo from a POL to POD. Once the containers are booked, the job is not done. It is very essential to track the status of the cargo as: 1. The cargo is worth thousands if not millions of dollars2. Lack of knowledge of delays in exports can spoil your relations with your customer affecting future business3. In imports, lack of knowledge can result in you ending up paying extra detention charge and ground rent Today, a Shipper (Exporter) or Consignee (Importer) deals with as low as 5 containers to as high as 500 containers in transit at any given point in time. These containers can be on one or multiple shipping lines. How is the container status being tracked? 1. Manually going to every shipping lines website, putting container number, checking the status and populating excels daily2. Compiling DSRs from freight forwarders/CHAs and updating status daily This process is human dependent and requires a lot of time to be invested to be 100 percent accurate. But, you can automate this process through GoComet’s advanced Container Tracking Solution. 1. Just upload an excel with all container numbers on the platform2. View live status of all containers on one dashboard3. Get daily MIS in excel format about the status of containers4. Automated email notification in case of any delays from the planned date5. Automated notifications two days before your cargo are about to reach the destination6. Access to a map-based tracking to quickly view the vessel location The GoComet Container Tracking Solution is being used by a lot of forwarders to provide DSRs to their respective clients. It is only logical to track on your own when you can have access to the same platform. Tracking your shipments have lots of advantage and here are the reasons why you should. Check out our Sailing...
  • GoComet is a cloud-based platform that helps you in automating your international freight procurement and rate reduction process, leading to the lowest freights and increased savings month on month. Now the question is how much of your time needs to be invested to start GoComet? From the management’s point of view, not more than 30 minutes are required for conducting a demonstration and understanding the platform. Once after the initial demonstrations, the management’s involvement is limited to evaluating the savings after a mutually agreed period of time. Since it is a matter of cost savings, it has been seen that the idea appeals to CFOs most. There are actual cases of companies where the CFOs have taken the lead to evaluate the platform and execute it. Once the management decides to go for the platform, the accounts are created within minutes since it is hosted on cloud servers and no physical servers and processes need to be set up. The user training is done in one meeting. Today, there are 1000 plus freight forwarders quoting for multiple clients on the platform. The freight agents are well aware of GoComet as most of them are using the platform for at least one of their clients, hence they’re onboarding and training doesn’t require much time. Summarising the three simple steps to activate your GoComet account:1. Demonstration to management, 30 minutes required.2. Creating and setting up accounts is done almost instantly by just noting down basic details, name of a person, contact details etc.3. Training users, a maximum of 1 hour required. Training freight forwarders completed within 2 days. So do you have a little time to invest in order to decrease your costs? Or are you’re too busy with your day to day work? GoComet is the world’s best platform to make freight procurement efficient and...
  • Manufacturers all over the world have been importing and exporting for ages. While international trade has existed throughout history, its economic, social, and political importance has been on the rise in recent centuries. This has brought along with it similar operational processes, issues and inefficiencies worldwide. In all the countries, the shipper needs to negotiate with freight brokers and agents to get the best possible quotes. How do you think do they manage the international logistics procurement? The process is similar they send inquiries on mail, receive rates, then compile and compare. Their entire process is manual and faces similar problems in productivity, efficiency, lowest cost discoverability. Now the question is whether they would adopt a solution that would help them solve their existing problems. A solution which would help them:1. In saving costs2. To reduce man-hours through automation of processes3. To increase transparency allowing inexpensive inefficient audits In theory, this seems like an obvious choice. Today, GoComet is present all over South East Asia in countries like Singapore, Indonesia, Thailand among others. Solving international logistics inefficiencies for clients in this region currently and slowly shifting focus to other parts of the world. The GoComet solution is the answer to a universal problem in the area of international logistics procurement. Did you try it yet? GoComet is the world’s best platform to make international freight procurement efficient and fast. Our enterprise SaaS product is used by manufacturing companies to drive sharp reverse auctions bringing out the best possible end to end rates for international shipments. Also check out our Freight Index and Sailing Schedule modules.
  • Do you feel that adopting technology is difficult for you? Do you struggle to keep up with the new advancements in technology? Are you hesitating to try out new products because of your fear of not being able to learn? Agreed that GoComet is the latest tech platform to procure international freight. Obviously, it is able to reduce your work and save lots of time for you. But is it difficult to learn and adopt? Let’s take a look at some statistics. Out of 2845 user accounts created to date, 2477 accounts are still active with at least 1 activity every 2 days. The transition time from the first login to active usage is around 4 hours. It would now be pretty clear that the adoption of the GoComet platform is very easy as it is a very user-friendly platform. Of course, everybody had apprehension in the beginning but once they tried the product, the numbers mentioned above speak for themselves. GoComet functions on 3 simple screens. Screen 1: An inquiry creation form where the basic details of the type of container, origin port, destination port etc are mentioned. Screen 2: Vendor Master to share inquiry with vendors with the click of a button and receive quotes that are automatically arranged in a comparative format from the lowest rate to highest rate with all the required parameters such as carrier name, transit time etc. Screen 3: Repository of all inquiries where you can view historical rates, active, completed, discarded inquiries. The container tracking and tracing is also simplified. Just update the container numbers and get live email updates of delays, arrival etc. No need to go on multiple websites to track, get everything on one screen. Conclusion What’s great about these changes is that you can now easily organize your freight, automate your logistics process and keep track of...
  • Research shows that only 30% of shipping quotes from forwarders are provided in 48 hours or less. 14% take over 4 days and over 40% of quote requests are never responded to. What happens when your forwarder does not quote to you in time?1. Your shipments get delayed because you don’t have clarity on the price at which you have to book the container.2. You end up paying higher due to a lack of time to negotiate better freights.3. You have to invest time to continuously follow up with multiple forwarders until they quote a low freight to you. Why does the forwarder not quote instantly?1. It is a human tendency to procrastinate work unless triggered by external factors.2. The forwarders take you for granted and feel that they are obligated to get the business because they know that you are dependent on them.3. There is no competitiveness as they are not aware of their quote’s standing. There is no incentive for them to rework and give a lower quote. GoComet helps you in getting instant and lowest quotes from forwarders.1. The forwarder is always aware of his ranking for all inquiries. So he is constantly working to quote the lowest and improve his ranking.2. You can fix a time for every inquiry on GoComet, creating a defined deadline for the forwarder to quote.3. The forwarder is notified on email about the status of inquiries and you don’t need to call or follow up. The platform does this job for you. Use GoComet and reduce your TAT (Turn around time) for receiving multiple negotiated quotes from forwarders in as low as 2 hours with minimal time spent and minimal effort put in. Also, check out our Freight quote software and Container Tracking Software.
  • GoComet helps clients to save cost on international freight bidding while reducing time and effort by automating freight procurement. The platform not only eases the day to day tasks of your vendors but also enables them to quote competitive rates continuously. The two processes are linked after all! The only metric to win a bid is merit! GoComet provides a transparent platform for all forwarders to compete fairly for every client inquiry. The forwarder is aware while quoting that the client is only interacting with him and other participants on the platform and nowhere else. This makes the freight bidding fair, eliminating the possibility of any underhand tactics. Such a scenario gives the forwarder confidence that the only metric to win business is merit. Hence, the best and lowest possible quotes are worked out from the forwarder’s side increasing the scope of savings for the client. Why does your forwarder quote lower on the platform? The participants are aware at all times about their ranking for all inquiries enabling them to rework, reduce margins and bag more business. In order to update quotes on the platform, they don’t need to input rates again and again. The platform is intelligent and allows auto copying of previous rates for a similar port or auto-filling shipping line charges by inputting the name of the liner. All this makes their work easy, saving time being wasted earlier in doing manual entries and allowing them to work better on quotes. Forwarders are loving GoComet today! 1000 plus freight forwarders, quoting on GoComet platform for their existing clients. Today forwarders want all their clients to adopt GoComet so that bidding becomes fair everywhere and they can win more business on merit. It is time you try GoComet to make freight bidding easy and your quotes cheaper!...
  • The days of the Excel spreadsheet is over. Supply chain digitization transforming the management of your global logistics process. The Industries that are genuinely thriving nowadays share something significant in common: a digitized logistics process. And why not? Digitization is the answer to a lot of problems. We have moved on from the primitive times of the Stone Age to Industrial Age and now finally in the Digital Age. You are not maintaining any official records by writing on a paper, are you? Or if you want to communicate some information, do you send a letter by post from your corporate office in one city to your factory in another? Pigeons were cool, I agree but we are way past those times! When digitization can help you in automating all your manual processes, save time, save manpower, reduce costs, then only a fool would resist it. Surely, all companies keeping KPIs of employees on digitization are smart enough to understand the value. Transform your logistics process by digitizing international logistics. It will help you to get additional insight into the latest trends in logistics. Now, do you want to digitize your international freight procurement? GoComet is here for your rescue. Ronan (name changed) working in a leading oleo-chemicals manufacturing company got an appraisal this year because he took the initiative and pushed for the implementation of GoComet. Not to take anything away from him, obviously, he performed and truly deserved it but GoComet’s implementation did play a major role. So what are you waiting for? To subscribe to GoComet and try for yourself today. GoComet is the world’s best platform to make freight procurement efficient and fast. Our enterprise SaaS product is used by manufacturing companies to drive sharp reverse auctions bringing out the best possible end to end rates...
  • GoComet has simplified your quote procurement and negotiation for international freight. We didn’t stop at this. We are focussed to solve all your problems related to shipping. Have you ever felt it very cumbersome to tracking and tracing all shipments on multiple websites as you are using multiple carriers? Have you ever wished that all the tracking would come to you automatically without you doing a thing after confirmation of the container? Look no further. We have now rolled out a new module for Live Shipment Tracking. We have integrated with all the major shipping lines to ensure that container tracking can be shown on GoComet itself for all your shipments. What does live shipment tracking do?  1. Automated tracking of all shipments on a single platform. 2. Customized notifications for your team depending on predefined steps. 3. Automatic notifications in case of delay in container movements to your team and reminder notifications to specific shipping lines.4. Improve your customer experience by sharing the container tracking dashboard with your consignees.5. Get actionable insights on Shipping lines, Volume, and country-wise logistic performance. 6. You can also integrate the tracking mechanism with your existing ERP. GoComet Container Tracking will make sure you have real-time status of your containers so that you can handle disruption to the consignee supply chain and your works go seamlessly. Just sign up and start updating your MBL numbers and container numbers now. If you are looking for reasons and benefits of tracking your containers click here…. Also check out our Sailing Schedule and Freight Index modules