Monthly Member’s Meeting in August 2022: What You Need to Know
The highlights of our August Member's Meeting are included here. This monthly meeting is a chance to learn about Digital Freight Alliance's planned projects. We begin with a brief overview of last month's meeting and then examine many of the important debates that occurred.
This article will outline the agenda for future meetings and provide information on upcoming Digital Freight Alliance events that you may be interested in attending or participating in.
Today’s digital world demands we work in an entirely new way.
Vision & Strategy
The DFA is a network association designed to connect freight forwarders to each other and to cargo opportunities.
Uniquely among such associations, this design is part of a wider vision to facilitate digital transformation for members by providing the best online digital tools and access to a dynamic cargo booking platform.
Digital Freight Alliance and SeaRates
We set up DFA in 2020 as a development from the SeaRates.com freight booking platform, which was designed to help smaller cargo owners looking for spot rates to make up that 10 - 15% of their overall freight spend that is not already committed on a contract logistics basis.
Cargoes Runner
CARGOES Runner is a highly cost-effective and fully integrated ERP Solution for Freight Forwarding.
Pain Points for Freight Forwarder
- Offline Processing. With many processes still handled manually, it can be difficult to maintain clarity of data source and factual accuracy and to keep track of changes.
- Fast-changing Business Environment. It can be hard to get timely updates on market conditions and regulatory changes.
- Limited External Integration. When exchanging information with many external parties, lack of data standardization inhibits a systematic approach.
- Thin Margins. Lack of service differentiation and managerial control leads to competition primarily on price, yielding very thin margins for providers of customer services and business performance improvements.
Cargoes Runner - one-stop solution
- Central Platform. Manage all operations on one platform with data shared across different departments.
- Online Customer Service. Allow customers to obtain and exchange information on demand, in real-time, via self-service.
- Analytics. Gain actionable insights on business growth bottlenecks, cost drivers and kaizen opportunities.
- Robotic Automation. We maintain an audit trail of key business data to help you establish good internal control.
- Artificial Intelligence. Intelligently determine price, route, and load plan, detect operational risks and errors, and predict business needs.
Cargoes Runner Technical Advantages
- Hacker-Proof Data Security
- Build-In Modules
- Cloud Scalability
- Always-On Availability
- Simple Intuitive User Interface
- Easy to Integrate
- Cost Effective
- Fast Response
Cargoes Runner creates value for freight forwarders
- Improved Productivity. We help drive operation efficiency by reducing waste on manual and repetitive tasks.
- More Profits. We keep track of revenue and cost for every charge type to prevent profit leaks.
- Streamlined Operations. We help you automate and optimize complex operations with people, processes and systems.
- Enhanced Accountability. We maintain audit trail of key business data to help you establish good internal control.
- Better Customer Services. We detect and alert you to key operational issues so that you can meet or exceed customer expectations.
- Less Risks. We keep track of regulation changes and produce proper documentation to help reduce risks and liabilities.
Cargoes Runner Modules - Screens
Shipment
- Create shipment from quotation
- Create consolidation shipment
- Direct booking to major shipping lines via INTTRA
- Co-load shipments to other freight forwarders
- Create a House Bill of Lading or Air Waybill
- Update operation and movement milestones
Charges & invoices
- Purchase, compare, cost and sell price for each charge to ensure profitability insights are visible
- Automatically generate per-shipment or per-month invoice for each client
- Automatically generate payable bills for each vendor
- Keep track of payment status for all accounts payable and receivable invoices
- Analyze cost variation from quotation to shipment execution
Analytical Dashboard
- Growth and profit margin by customers, shipping lines, and vendors
- Trend and profitability by destinations and shipping lanes
- Performance (lead conversion, profit margin) by sales teams or persons
- Performance (efficiency, service quality) by operation teams or operators
Interactive Customer Portal
- Spot-market freight solution for all lanes you need to fulfil
- Easy to use the booking engine to efficiently capture your trade lane requests
- Bespoke platform based on your profile
Cargoes Runner Engagement Matrix
| Registered Freight Forwarders | 150+ |
| Registered Users | 700+ |
| Annual (TEUs) | 350,000+ |
| Total Shipment Created | 5000+ |
Membership Tiers
Digital Freight Alliance is the first global supply chain association created by DP World, a leading enabler of logistics and trade. With both a free and premium membership, it's the start of your journey. Choose one and enjoy all the benefits of the Digital Freight Alliance.
If you are a member of the DFA and missed this meeting, please contact your account manager to get a copy of the presentation. If you would like to join us, please contact us so that you don’t lose out on any opportunities for your freight forwarding business.
