Through all the complexities arise a lot of inconveniences which in the end finish up delaying the service. Shipping a container has no doubt been a complicated procedure for numerous years. Manual and inefficient, the getting and booking procedure has been frequently complete of surprises. Uncertainty of cargo movement is an concern which stumps not only the suppliers i.e. the logistics companion, but the consumers as effectively. To elaborate additional, there exist 3 principal aspects that ascertain bookings created by consumers: overbookings, rolling, and downfalls.
In straightforward terms, overbookings take place if a particular slot(s) is booked but the shipping line nonetheless has vacant slots on their vessels for which goal, they need to permit overbookings of up to 30 per cent of the vessel’s space to account for the higher downfall. Upon getting confirmation of the space, there are numerous bookings that get carried more than, which will then have to be carried more than to the subsequent vessel, also identified as rolling. These aspects which burden the shipping line, also grow to be a discomfort point for consumers. Due to the ambiguity and uncertainty, there is no fixed expense, additional making a lack of transparency among the customer and the shipping line.
Driven by its objective to disrupt the shipping and logistics market with its revolutionary options, Maersk launched a solution to place a quit to overbookings and effectively allow cargo movement in an otherwise, dicey predicament. Maersk Spot is a totally digitally-enabled, on-line solution providing which aids consumers by means of a cargo loading assure at a flat charge. With the launch of this new solution, Maersk functions towards guaranteeing trust in their consumers by means of the guarantee of cargo loading, thereby tackling an age-old difficulty faced in the logistics market. Simplifying the container getting/booking procedure for their consumers aids construct a stronger customer-brand expertise.
Moreover, with the steady implementation of this digital tool on a big scale, there will be a catalysation of bookings created and ease of performing enterprise in the market at big which will enhance the country’s logistics sector. This tool also enables consumers to a rapid view of competitive rates at any provided hour. The all-in cost is calculated and fixed when the booking is confirmed, which occurs instantaneously. This dynamic on-line pricing fixed at booking creates 1 transaction for the customer from quotation to booking confirmation, profoundly simplifying the getting procedure although also adding a lot of transparency to the whole procedure. The procedure is seamless. When a booking is confirmed by the customer, Maersk commits to load and grants certainty in operational execution. This creates a transparent adherence among Maersk and its consumers, thereby delving into the concern of overbookings. In case of any booking cancellations, costs apply at the customer’s charge. Likewise, if customer cargo is rolled, Maersk guarantees compensation to the customer. This mutual bond coupled with an elevated visibility of sailings and fixed rates has been to date embraced by a lot more than three,000 distinctive consumers on a weekly basis, with currently more than 50,000 Forty-Foot-Equivalent (FFE) units booked in the second quarter of this year.
“Maersk Spot radically simplifies the buying experience for our customers. Today’s offline process can be up to 13 individual steps, often involving a lot of communication and paperwork from rate sheets to terms and conditions and surcharges, etc. With Maersk Spot, this cumbersome process is reduced to five simple and integrated steps – all online,” comments Silvia Ding, worldwide head of Ocean Products at Maersk.
Further highlighting the worth of Maersk Spot in the Indian economy, Steve Felder, managing director, Maersk South Asia states, “At Maersk, we follow the principle of being open, brave and trusted. Therefore, we are constantly exploring new ways to connect and simplify our customers’ supply chain through innovative and transparent ideas to ensure that our customers get exactly what their businesses require.”
He added, “Over the last year, we have expanded our offering with a product that provides shipping customers a cargo loading guarantee at first port of loading at a fixed price upfront. Online booking is making the buying process simple and easily accessible. The product is currently available for customers in Africa, Asia Pacific, Latin America and the Middle East on select trades.”
Ramco Cements Limited, ships about 120-200 containers from Kattupalli port to Colombo on a weekly basis by booking their cargo 1-two weeks in advance on Maersk Spot.
“We are quite proactive about our bookings but there were still cases where our shipments were not loaded due to capacity issues which resulted in the loss of trust with some of our customers,” says Ramakrishnan D, common marketing and advertising manager of the Ramco Cements Limited. “With Maersk Spot, we no longer have the uncertainty of not knowing if we can actually provide our customers with their shipments.”
Information Source: Muscat Daily