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Windward dashboard analyses shipments
- June 5, 2023
- Steve Rogerson
Israeli maritime AI company Windward has launched a shipment analytics dashboard that shows statistics and analytics about shipment and carrier performance to provide a holistic assessment of past and current shipments.
As part of its OFV ocean freight visibility offering, it provides additional insights creating a feedback loop between shipment execution and freight procurement to help improve and optimise business decisions.
Lack of data and visibility is a large contributor to supply chain problems and delays, not only between entities but also within individual organisations, causing reduced efficiency, increased operational costs, inaccurate forecasting and poor customer experience.
The dashboard provides businesses with individualised analytics on past and current shipments including port of discharge (PoD), changes per carrier, carrier delays, ETA changes, number of transshipped containers, and active shipments at risk of delay.
The datasets and maritime AI insights are constantly being used by those who build their own dashboards using Windward’s API Insight lab. The insights are integrated directly into workflows via API to support business decisions across departments ranging from procurement, operations, negotiations, inventory management, customer success and more. Maritime AI insights, powered by billions of data points and behavioural models, enable better business processes, thus increasing efficiency and RoI.
“Data are a vital element of any decision-making process, but when implemented directly into the various workflows across departments, they have the power to drastically improve efficiency and processes for the entire organisation,” said Ami Daniel, CEO of Windward. “Windward’s mission is to empower supply chain stakeholders to make informed decisions in order to increase efficiency and decrease costs of their shipping operations. Our new shipping analytics dashboard is a valuable tool that allows them to easily deep dive into their own data and accomplish their goals.”
The dashboard is an added capability to the company’s OFV, which uses data aggregated from more than 120 carriers, 1400 ports and terminals, 5500 container vessels, sailing schedules, meteorological data, and location and AIS data. It provides accurate ETA predictions and real-time visibility into container and vessel journeys allowing users to predict, plan and proactively mitigate supply chain risks.
Windward’s AI-powered offerings allows stakeholders including banks, commodity traders, insurers, and major energy and shipping companies to make real-time, predictive intelligence-driven decisions, providing a 360-degree view of the maritime ecosystem and its broader impact on safety, security, finance, business and the supply chain.