The maritime transport industry reports millions in losses each year due to unfavourable circumstances that affect transport operations.
In a supply chain environment that is more complex than ever before, it is often difficult to identify the cause of the problem when incidents occur.
NTT DATA and SAP have formed a strategic alliance that will turn this problem on its head, introducing a revolutionary add-on to SAP Logistics Business Networks Global Track & Trace.
This new solution marks a transformational era for maritime shipping.
NTT DATA’s sophisticated tool employs tracking and tracing capabilities to constantly monitor transport conditions, even activating the relevant insurance policies when these conditions are not met, all using automated data.
This solution eliminates the difficulty of identifying the cause of incidents and takes smart shipping to the next level.
The implementation of this solution is off to a powerful start. It is currently employed in four different industries – glass panels for buildings, perishable goods, bulk liquids, and solar energy – and it is already bearing fruit as a clear enhancement of the ecosystem comprised of insurance companies, brokers, and logistics companies.
This new add-on is NTT DATA’s response to a need in the market.
Monitoring processes in real time, enabling companies and stakeholders to have a clear idea of logistics operations as they are taking place, and having intelligent insurance policy management in place for when the need arises are a welcome and cost-effective adjustment to the way we ship goods and manage risk.
In providing an architecture that examines logistics operations in a way that takes into account every step in the process, SAP and NTT DATA contribute to improving digitally connected global value chains, designing solutions that support a remote and interconnected world.