Freight Tracking

  • In today’s fast-paced freight world, more and more businesses are looking for a way to redesign their distribution methods. After dispatching your shipment, there are a lot more forces involved in getting your freight from point A to B—Freight forwarders, shipping lines, port handlers, marine insurers, inland transportation and others. Although, real-time tracking is an integral part of this process, having so many players moving your freight effectively takes the control away from your hands. The question here is—What exactly is going wrong with your distribution and how significant a role does tracking play in this picture? Manual tracking of freight and 3PLs are hurting your business The pressure associated with meeting delivery deadlines is quite high. This responsibility falls on your logistics team and the logistics team goes a long way to ensure that your freight reaches on time and in full (OTIF). This is where tracking plays an important role:  Lack of knowledge on delays in exports can spoil your relations with your customers and affect future business. In imports, lack of knowledge can result in you incurring extra detention charge and ground rent. But tracking freight is not easy. At present logistics teams deploy both or either of the following ways:  Manually visit each shipping line’s website or agent and track shipments using the consignment number. Outsource tracking to Third Party Logistics (3PLs) and let them take care of the freight. The former process is time-consuming and riddled with inefficiencies. A rough estimate states that the manual process of tracking takes nearly 133 hours. Being updated with the location of freight is almost impossible in this case. Any delay or carrier failures push the expected time of arrival even more. The challenges of the latter process of outsourcing the implementation of IoT visibility solutions to 3PLs outweighs...
  • As organisations across the world struggle to track their shipments due to the chaos being wrought by the coronavirus pandemic, GoComet would like to help by freely sharing our live global freight visibility or port congestion data. In the wake of current events, companies are dealing with countless questions such as how are their shipping lanes are being affected by government measures or whether their transhipments will be able to proceed on time?   GoComet’s on-line portal can help you find these answers and more, by automatically notifying you with real time updates of port delays across the world.  Our system pools data from the thousands of containers that GoComet tracks each and every day through our container tracking software. Regularly updated, our portal maintains a record of port delays across more than 300 ports. How does the platform calculate delays? To calculate the delay, the difference between the initial scheduled date and the actual dates of movement are considered. For containers in transit, the delay is calculated as the difference between the initial scheduled date and the present planned dates. The system also calculates average delay by comparing cumulative data relating to all container movements on each port from February 1, 2020 to date.  How user-friendly is the platform? Convenience and ease of functionality were our key objectives when engineering our product and the result is the most user-friendly platform on the market today. To find information on any port of your choice, simply enter its name in the search field. The modules will then instantly display the average and maximum delay for that port. To further enhance user-experience, delay classifications have also been colour-coded, with: delays of more than five days indicated by a red circle; delays of three to five days by a blue circle; and delays of...
  • GoComet’s innovative freight shipment tracking solution has received an honorable mention in Gartner’s Research Report for Supply Chain Operational Visibility Vendor Guide 2019. The research report provides supply chain professionals with an in-depth analysis of the world’s leading operational visibility solutions Gartner defines the real-time transportation visibility platform (RTTVP) market as follows  “Real-time transportation visibility platforms (RTTVPs) provide commercial customers and consumers with real-time insights into their orders and shipments once they have left the brand owner’s or service provider’s warehouse. Such platforms, owned and managed by third-party software vendors, represent a subsegment of the overall end-to-end supply chain visibility market, predominantly — but not solely — addressing the domestic road transportation mode. RTTVPs obtain data through integration (e.g., API, EDI) with carrier systems, direct feeds from telematics (e.g., in-cab or trailer devices) or other devices (e.g., mobile or smartphone).” About GoComet GoComet is empowering enterprises with the latest technology to innovate their logistics operations and drive down costs. It is the simplest and most user-friendly LRM solution in the World. Our vision is to bring automation and digitization in the logistics world. About Gartner Gartner is a global research and advisory firm providing information, advice, and tools for leaders in IT, finance, HR, customer service and support, communications, legal and compliance, marketing, sales, and supply chain functions. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranty of merchantability or fitness for a particular purpose. GoComet Real-time Container Tracking Dashboard Get real-time...
  • Are you delivering in full and on time?  Is your supply chain department working efficiently? There’s a way to measure your supply chain efficiency and be sure about it. That’s with the DIFOT rate.  In this post, we will discuss DIFOT(Delivery in full, on time) why it matters and how you can improve. Let’s start this post by understanding what is DIFOT What is DIFOT DIFOT(delivery in full, on time) or OTIF(on-time and in-full), is basically transporter’s key performance indicator(KPI) that defines your supply chain efficiency by measuring the product, quantity, and delivery performance. It generally expressed in percentage(%).  DIFOT is dependent on the following factors –  The quality of the product ordered In the full quantity ordered by the client At the place agreed by the customer On the time expected by the customer DIFOT directly measures how successful your supply chain is at fulfilling these objectives. To achieve a high DIFOT rate, all the functions of the supply chain (among which orders taking, freight procurement, suppliers, warehouses, transport …) must work at their best level. DIFOT looks at the delivery performance from the perspective of the client hence most businesses consider DIFOT better than other delivery performance indicators such as shipped-on-time (SOT) and on-time performance (OTP). How to Calculate Difot rates Requirements for the DIFOT measurement are : Number of deliveries Delivery date measure the date or the hour of delivery and archive it in the system maintain a record of the reasons why an order was not OTIF. DIFOT(%) = Number of deliveries OTIF / (Total number of deliveries)  X 100 OTIF deliveries are those that fulfill the following criteria On-Time = (Delivery time) – (Confirmed delivery time) Target result = 0 In this case, the shipper should be able to match a delivery time agreed with...
  • Let me begin with a simple question… How much time and effort do you spend on tracking and tracing your shipments? To find the answer, let’s break this down. Let’s assume you have 500 shipments a month and you work with 7 to 15 shipping lines.   To know the current location of all your 500 shipments, you are forced to look at each shipping line’s website and enter a master bill of lading or container number. Each and every time.  Right?? Let’s do the maths here On average, it takes 2 mins to track 1 shipment from 1 shipping line 1 shipment     = 2 min 500 shipments   = 1000 mins Now, you also have to trawl through 7 to 15 independent websites for each shipping line, which is again going to take you time and effort. 15 shipping lines’ site  = 15 mins  Next, there are generally 6 to 12 checkpoints in every shipment. Gate in, container loaded on the vessel, container about to reach transshipment port,  container loaded on the vessel at transshipment port, container reached the destination, container gated out, etc.  On average you would find 8 checkpoints in any shipment.  So…now imagine Based on the time required for 500shipments for a single checkpoint Checking a total of “8 checkpoints” to “500 shipments” a month  You have been forced to devote 8,000 mins of your time! That’s right, 8,000 minutes! That’s 133 hours, or put another way, over 16 ½ working days!  16 ½?! That’s more than most people’s annual holiday allowance!! And that’s not even including the time it takes for you to store these records to analyze the levels of service that your carriers are (or are not) providing you for the money you are paying them… However, this is the best-case scenario....
  • 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...
  • 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
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