Predictive ETA is coming and will have transformative impact on the supply chain in Australia and New Zealand.
Ahead of its launch to our marketplace, we explore the game-changing technology of Predictive ETA (Estimated Time of Arrival) and its transformative impact on the supply chain in Australia and New Zealand. Today, we will delve into the incredible potential of Predictive ETA and how it is poised to revolutionise the way we predict vessel arrivals.
In traditional supply chains, accurate arrival time information is crucial for seamless operations. However, the conventional vessel schedules and shipping line ETA updates often fall short, providing outdated and unreliable data. This results in delays, disruptions, and increased costs for businesses. Enter Predictive ETA – a cutting-edge solution that is set to change the game.
Predictive ETA utilises advanced Machine Learning algorithms to provide precise and real-time predictions of vessel arrival times. By incorporating Predictive ETA into their systems through APIs (Application Programming Interfaces), businesses gain access to accurate and trustworthy ETA predictions. This technology empowers them to plan their operations more effectively, leading to increased efficiencies and reduced costs.
So, why is Predictive ETA essential for businesses in Australia and New Zealand?
Firstly, it addresses the deficiencies of traditional arrival time predictions by offering up-to-date and reliable information. By leveraging the power of Machine Learning, Predictive ETA enhances planning, coordination, and productivity across the entire supply chain.
Moreover, Predictive ETA plays a pivotal role in improving businesses’ Environmental, Social, and Governance (ESG) metrics. By reducing uncertainty and streamlining operations, it contributes to minimising environmental impact, such as emissions, while enabling better adherence to sustainability goals.
Let’s now explore the specific benefits of Predictive ETA for different user groups within the region:
- Importers/Exporters:
- Efficient logistics planning for moving goods to the port, optimising packing processes.
- Real-time updates on arrival times for improved invoicing and operational efficiency.
- Cost-effective and user-friendly solution with a rapid return on investment.
- Reduced uncertainty in arrival times, enabling better planning and cost reductions.
- Increased reliability and trust in ETA predictions, minimising the need for contingency planning.
- Competitive advantage through better decision-making and increased efficiency.
- Logistics Providers:
- Optimised operations scheduling based on accurate ETA predictions, leading to cost savings and increased efficiency.
- Automation of vessel scheduling monitoring, reducing errors and enhancing productivity.
- Extended planning horizon for port resources, resulting in better resource management and utilisation.
- Enhanced visibility and situational awareness, facilitating informed decision-making and risk reduction.
- Improved planning and cost reductions through reduced uncertainty in arrival times.
- Increased reliability and trust in ETA predictions, minimising the need for contingency planning.
- Competitive advantage through better decision-making and increased efficiency.
- Port Operators:
- Optimised berth planning based on accurate ETA predictions, leading to improved resource allocation and reduced waiting times.
- Automation of vessel scheduling monitoring, reducing errors and enhancing productivity.
- Extended planning horizon for port resources, resulting in better resource management and utilisation.
- Enhanced visibility and situational awareness, facilitating informed decision-making and risk reduction.
- Improved planning and cost reductions through reduced uncertainty in arrival times.
- Increased reliability and trust in ETA predictions, minimising the need for contingency planning.
- Competitive advantage through better decision-making and increased efficiency.
Predictive ETA is set to revolutionise the supply chain in Australia and New Zealand, offering accurate and reliable arrival time predictions unlike anything seen before. By embracing this innovative technology, businesses can unlock new levels of efficiency, cost savings, and sustainability.
Proven in Europe- coming soon to ANZ
Machine learnings
models enable over 95% prediction accuracy
20% savings on
operational costs
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About Platform8
Platform8 enables the future of sustainable supply chains. We believe that by connecting digital communities and enabling them to make decisions beyond just economics, they could drive lasting change in the way we do business. This belief led to the creation of Platform8.