I o T I N S U P P L Y C H A I N Key To Gaining Predictability Of - - PowerPoint PPT Presentation

I o T I N S U P P L Y C H A I N

Key To Gaining Predictability Of Freight Movement

$66.3 Billion

Expected value of GCC’s logistics market by 2020

UAE is ranked 13th

in the World Bank’s Logistics Performance Index out of 160 countries

GCC- Powerhouse For Logistics & Transportation Industry

GCC has 41 ports which together handle 68 % of MENA’s container port traffic

Trucking- the predominant mode of freight

• transportation. More than 1 million trucks in
• peration, increasing by 5 to 9% each year

$9 billion

market size of land transportation in the GCC GCC has 43 international airports, out of which Dubai & Abu Dhabi International Airport alone handle 28.5 Mn tonnes of cargo

Of Manufacturing And Retail Leaders Will Be Disrupted By Digitally-enabled Competitors By 2020

• Gartner

63%

Of Global Companies With Annual Revenues Of At Least US$100 Million Are Experiencing Disruption

• Accenture

33%

Consumers’ Era Changing Rules Of Logistics

D2C fulfillment

On demand fulfillment Real-time Optimization Predictive visibility

SaaS startups offer faster GTM with lower cost Efficiency Speed Predictability

Global Market Dynamics

12.5% ($10Tn) of world’s GDP is spent on logistics (CAGR: 7.5%)

Fragmented Not Collaborative Reactive Not Data-driven

19%

Of Global Shipments Are Delayed Beyond STA

65+

Billion Tonnes Being Moved

2.9/5

World Bank’s Global KPI Performance Score On Trace And Trackability Of Goods

‚ Digital solutions in supply chain have the potential to reduce operating costs by 10 to 30 % and reduce

• perational risk and breakdowns by up to 75%‛
• PWC Report

Top Technologies To Be Focussed On

Moving physical goods to managing information & goods

Real-time information to support decisions making & improve operations

On-demand, real-time mobility fulfilment Fully automated loading/unloading operations Immediate delivery solutions available through drones On-site manufacturing solutions as new delivery concepts or to Optimize maintenance operations Distributed, undeniable data transaction technology Flexible, scalable, and commoditized IT infrastructure Simplified and efficient operations

Internet Of things

Big data analytics On-Demand Mobility Robotics automation Drones 3D printing Blockchain Cloud Augmented reality

Predictive Visibility Platform To Know Where Goods Are, When Would They Arrive

Creating A Digital Freight Ecosystem That Connects All Logistics Stakeholders Onto One Platform

Omni-Visibility

• Replacing multiple sources and modes of

information with a single platform

• Moving from negligible to 100% visibility-

Multi-modal, Multi-leg and Multi-stakeholders.

• Cross platform/ERP data sharing
• Role based access to all internal and external

stakeholders (Consignors, 3PLs, Carriers, Customers) of the value chain

• Real real-time data with negligible to no time-lag

100% visibility across mobile & web platforms, showing the right information to the right stakeholders:

Predictive ETA Engine

• Segregate and classify enroute shipments as:

Early (Reaching before the Scheduled Time) Ontime (Reaching on the Scheduled Time) Delay (Reaching beyond Scheduled Time)

• Real-time engine that updates status based on live movement
• Focus on delayed goods to help them reach on time
• Predicted Estimated Date and Time of delivery generated
• Use ETA to plan next processes
• Keep customer informed to smoothen experience

Proprietary Machine Learning engine that predicts deliveries to enable on-time performance

KPI Overview & Management

• Personalisable Key Performance Indicator (KPI)

measurement and display including: (Un) Loading Point Performance (TAT) Vendor/Carrier Performance (OTIF) Dispatch Measurements Route Performance

• Actionable insights to aid business decisions
• Optimize/set SLAs and correct unwanted buffers
• Identify time-sinks and mitigate bottlenecks
• Extensive reports and MIS available

All the analysis to ascertain value performance- in one quick, user friendly view

Preventive Management Tools & Alerts

• Generate notifications & alerts based on Business rules for

shipments deviating from standards/ suspicious behavior

• Business rules include- excess idling, (un)loading/ transit delay,

route deviations, disconnections, theft hotspots, etc

• Set preventive alerts meant to trigger before SLAs are missed so

that mitigation to meet SLAs can be taken

• Assign alerts to anyone over SMS/Email/App notification
• Build an Escalation Matrix- assign unsolved exceptions to

managers

• Use our Workflow Engine to assign targeted jobs to stakeholders

& take feedback to drive the operations & smart decision making

• User customizable on the go, with no intervention required from

us

Digital Control Tower that monitors complete movement for exception handling

Here’s an example...

TATA Steel FAMD uses FarEye Transportation to have complete knowledge of their transportation & drive greater efficiency and OTIF to reduce costs. IoT Driven End-To-End Visibility Driving Greater Efficiency and Reduced Costs, Inventory

Results Of Implementation

Operational Visibility Across All Stages Of Movement for nearly 200,000 shipments annually Different Stakeholders Brought Onto Same Page- including 3PLs, Logistics Service Providers, CFAs, CFSs & Various Internal Stakeholders Reduction In Loading, Transit, Unloading TATs with high OTIF (Overall TAT of 5.2 days reduced to 3.5 days)

100% 20+ 32% 57%

Reduction In Theft & Pilferage Of Over $1mn+ Worth Theft Correctly Identified & Alerted (0.21% to less than 0.09% transit loss, with low to nill transit contamination)

* Further still, the project has had a large intangible benefit in bringing about a social change in the mindset of 3PLs, Logistics Services and worked towards revolutionizing the transport industry!

‚We are super impressed with FarEye's solution and the team's attitude and the flexibility. You know nothing seems to be too big for them nothing seems to be too small. They’re really fast in terms of their turn around time. We have a really demanding customer base and a super demanding operational team, but FarEye keeps smiling, keeps delivering.‛

CEO, DHL eCommerce

Charles Brewer

‚The team at FarEye is well-qualified and very flexible. They have been more

• f consultants for us rather than a technology vendor. FarEye ensures that our

supply chain is now more reliable & optimized & supports our business in making time-sensitive data-backed decisions.‛

Director – Operations

Puneet Dhamija.

Logistics intelligence platform to optimize parcel movement for retailers and 3PL companies Predictive visibility platform to know where goods are, when would they arrive

Our Product Portfolio Includes

AWARDS & RECOGNITIONS

For Vehicle Routing & Real-Time Visibility technologies Ranked by Deloitte three times in a row World Post & Parcel Awards In The ‘Technology’ Category-2017 IDC Digital Transformation Awards

20+ COUNTR IES 200+ EMPL OYEES 100+ CUSTOMER S

362% 7

Offices

2018 Recognized Platform

Key Facts & Figures

>50 >160 >30 €3.8 bn >0.4 mn 6mn

Customers Deployed Globally Users, Including Customers & Suppliers Iot Vendors And Erps Integrated With Total Freight Material Value Managed Tons/Month Of Material Movement Digitized Location Pings Processed/Daily

Meet us at our Booth #4

Gautam Kumar, COO & Co-founder gautam.kumar@getfareye.com

First 3 enquiries at booth will get a FREE consultation

THANK YOU!

Annexure

How is FarEye different from a TMS

• IoT Ecosystem- Owned and Integrated

Ensuring 100% data end to end visibility in real-time (as low as 1 min frequency) of shipments outside your four walls, on third-party assets. Ensures data aggregation for comprehensive carrier connectivity, onboarding and visibility. Covers the entire spectrum- from private fleets to individual owner-operators, to enroute vessels through a combination of tracking technologies: 40+ IoT/ELD partnerships, Proprietary IoT sensors on a plug-and-play model, a proprietary smartphone app, and app-less tracking using cell tower triangulation

• Multiple ERPs and reporting mechanisms of external stakeholders:

Interconnectivity with external stakeholder systems to ensure cross-user visibility.

• Mobile based Workforce Management and Data Capture:

Highly configurable and convenient modes to capture data and establish two-communication channels

• Process Management/ Triggers with BPM Engine:

Active system that involves itself in operations to drive excellence

Value Proposition

Fragmented market (no collaboration and ownership between stakeholders) “ Multimodal visibility across rail, ocean and road (end to end value chain visibility) “ Integration with GPS Devices, Telecom Networks, Smartphones and IoT Sensors “ Integration with TMSs & ERPs for shipment data “ Business Collaboration -Multi-modal & Multi- Stakeholder & Multi-system real-time visibility platform to drive accountability and empower

• wnership

Hurdles in achieving ‘On Time In Full’

• Lack of precise coordination between businesses and their suppliers to ensure prompt

delivery

• Supply shocks- issues with material sourcing, shortages, natural disaster or any other

unexpected event

• Price shocks- when the prices of raw material fluctuate, company’s profit margin can be

greatly affected

• Lack of visibility of where the shipment is once it leaves the facility
• Difficulty in having holistic shared view of OTIF performance across the supply chain as

multiple stakeholders capture and use different data sets

• Lack of analytics to identify problem areas and trends in achieving OTIF

How We Are Helping The Giants Win

Video Link

Top Supply Chain Trends in 2018- Gartner

Total Customer Experience Scaling Digital Supply Chain Circular Supply Chain

Case Study – Supply Chain Automation With Scalable Integrations

Client Situation Challenges Solution

▪ Hilti a leader in construction

equipment market

▪ Has a manual process for equipment

delivery and repair pickups

▪ Works with many 3rd party logistics

companies to manage this

▪

Difficulty in detecting a failure early and being able to respond to it quickly

▪

Difficulty in keeping the customers informed of the status of the shipment

▪

Limited visibility of live freight location

▪ FarEye Freight sits as 3rd Party integration

layer and process automation layer for delivery and service management process

▪ FarEye becomes control center for tracking

and monitoring all field executives & vehicles

Difference With FarEye

Consolidated Dashboard, Reports & Records with ETA of shipment along with SMS updates. Proof of Attempt & deliveries with digital signatures & feedback rating Improved efficiencies with digitalized processes On-time delivery with live notification & alerts Data driven transportation performance management

‚ Supply chain providers across the globe are aiming to achieve complete visibility and seamless collaboration amongst all the stakeholders. For us the fundamental challenge is lack of end to end visibility. The team at FarEye is well-qualified and very flexible. They have been more of consultants for us rather than a technology vendor. FarEye Freight shall ensure that our supply chain is now more reliable & optimized & supports our business in making time-sensitive data-backed decisions.‛ Puneet Dhamija- Director, Operations (Hilti India)

eCommerce Logistics Challenges: As per PwC’s 2017 e-commerce report, 40 per cent of respondents in the region said ‘cheaper price’ is the biggest motivation to buy online. Delivery delays and lack of transparency in lead times Lack of home delivery postal system means multiple attempt for deliverers and wrong deliveries. Lack of personalization for users. Businesses do not spend enough time gathering the right metric or insights from proper channels.

Global Market Dynamics

65+ 19% 2.9/5 12.5%

Billion T

• nnes Of

Goods Are Being Moved All Across The World Of Global Shipments Are Delayed Beyond Scheduled Time Of Arrival World Bank’s Global KPI Performance Score On Trace And Trackability Of Goods ($10 Tn) Of World’s GDP Is Spent On Logistics (CAGR : 7.5%)

Up to 26 billion internet- connected ‘smart’ devices will be installed, generating some $300 billion by 2020

“With the IoT, the supply chain will have unprecedented access to data valued by internal and external stakeholders. This presents an opportunity for supply chain groups to co-develop new information-based solutions for individual customers or markets.”

• Gartner

More than half of major new business processes will incorporate some element of IoT by 2020

Amazon uses Wi-Fi connected robots to identify products by reading QR codes using built-in cameras. This avoids manual efforts Maersk Line has installed real-time monitoring across its entire fleet. This enables the vehicles to transmit vital stats, such as temperature, location and power supply, via satellite. Dallas Area Rapid Transit - one of the largest public transport providers in the United States uses IoT devices to monitor and optimize the performance of its entire fleet The Port of Hamburg in Germany, has embedded sensors and communicative capacities in the port’s ‘main tangible assets’ in order to identify recurring underused capacity. Integration with other connected elements such as cameras, heat detection sensors & alarm systems also helps in prevention of theft and provides insight for planning security updates.

1 2 3 4

Fragmented and unorganized market Lack of value added services

Lack of advanced analytics to make data- driven decisions

Major Challenges Hindering Smooth Supply Chains

Not collaborative approach leading to proactive approach towards problems

Add: Technology adoption is low, where it is used- it works in silos Change icon

Managing Fleets:

With the use of sensor-enabled IoT solutions the location and speed of vehicles can be tracked and maintenance alerts can be given.

Identifying Exceptions/ Pilferage:

Real-time tracking of the vehicles and regular monitoring generates valuable data that can help in identifying business exceptions and theft zones

• flexible. They have been more of consultants for us rather than a technology vendor.

• FarEye is a platform to run logistics operations offering predictive visibility to

Consignor, Consigee, 3Pl and Carriers

• Helps to achieve on-time delivery, while driving operational efficiency through

mobility

• Makes supply chains predictable, efficient and reliable.
• Connects all logistics stakeholders onto one platform for multi-model, multi-

stakeholder visibility and efficiency

• 25,000 trucks on system
• € 0.12 Mn orders per year
• Material value € 3.8 Bn of Freight handled per year

What is FarEye?