Freight Cost Management

Several developments have led to a continual increase in transportation costs. Globalization, volatile fuel prices, low cost sourcing, a more fragmented value chain, emerging markets, lower inventory levels, longer shipping routes, and higher demands for frequent, just-in-time deliveries, are primary drivers behind increasing transport costs.

Spotlight

OlymTech

OlymTech was founded in 2002 by a team of IT and logistics veterans from the Silicon Valley and China. With a mission to transform the industry by cloud, OlymTech is now the leader in delivering cloud-based IT solutions and a vertical business network platform for a large community of international freight forwarders and logistics services providers. Currently, it has over 1,500 top-tier forwarders and 150,000 active users in its network.

OTHER WHITEPAPERS
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The supply chain gets smarter

whitePaper | June 16, 2020

Supply chains are evolving into more network-like, collaborative ecosystems – with implications for all the parties involved; and opportunities to leverage new technologies to augment traditional supply chain management practices.

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A Standardised Vessel Dataset

whitePaper | February 1, 2023

The Smart Maritime Network’s Standardised Vessel Dataset (SVD) for Noon Reports project aims to provide a free and open list of defined data formats for common vessel operational data points typically found in the daily Noon Report, with the goal of offering maritime stakeholders a central reference point for data mapping that can be applied by shipping companies, technology providers or any related third parties to improve the digital capabilities of the industry.

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Shipping’s Role in the Global Energy Transition

whitePaper | November 5, 2022

It is imperative that nations keep global heating below 1.5˚C – in line with the Paris Climate Agreement. Even at 1˚C of warming, climate impacts on humanity and nature are already extensive and growing. The risk of passing multiple climate tipping points increases rapidly between 1.5˚ and 2˚C. To meet the Paris goals, major and unprecedented levels of carbon dioxide emissions reductions are needed this decade, on a pathway to zero emissions around 2050. The timescales are extremely urgent. Delay is not an option.

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Smart highways reduce congestion and save lives

whitePaper | July 14, 2022

The good news is that developments in ITS, the Internet of Things (IoT), Artificial Intelligence (AI) and advances in exciting areas such as driverless cars and vehicle-to-vehicle (V2V) communication will help alleviate congestion, reduce accidents and increase safety. As states struggle to balance funding priorities, including transportation, ITS technology and the emerging IoT ecosystem can enhance investments in transportation infrastructure, which is critical to the economic and social fabric of the U.S. and safe travel. For example, active traffic management, which includes advance notice about traffic conditions to motorists using variable speed limits, lane management signs and overhead message signs, has reduced collisions and congestion in the Seattle I-5 corridor. Similar initiatives are emerging elsewhere. Around the world the ITS ecosystem is making a difference.

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Xand Technical Whitepaper

whitePaper | October 6, 2022

To send digital dollars on a Xand network, Members need to create Claims. Once Members have Claims, any member can send some of or all of those Claims to any other Member. Finally, if a Member wishes to withdraw funds from a network, the member can redeem those Claims for US dollars

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SECURING THE SOFTWARE SUPPLY CHAIN

whitePaper | August 15, 2022

Cyberattacks are conducted via cyberspace and target an enterprise’s use of cyberspace for the purpose of disrupting, disabling, destroying, or maliciously controlling a computing environment or infrastructure; or destroying the integrity of the data or stealing controlled information.1 Recent cyberattacks such as those executed against SolarWinds and its customers, and exploits that take advantage of vulnerabilities such as Log4j, highlight weaknesses within software supply chains, an issue which spans both commercial and open source software and impacts both private and Government enterprises. Accordingly, there is an increased need for software supply chain security awareness and cognizance regarding the potential for software supply chains to be weaponized by nation state adversaries using similar tactics, techniques, and procedures (TTPs)

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Spotlight

OlymTech

OlymTech was founded in 2002 by a team of IT and logistics veterans from the Silicon Valley and China. With a mission to transform the industry by cloud, OlymTech is now the leader in delivering cloud-based IT solutions and a vertical business network platform for a large community of international freight forwarders and logistics services providers. Currently, it has over 1,500 top-tier forwarders and 150,000 active users in its network.

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