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Business Intelligence Tool – KPI for Shipping Industry

The shipping and distribution industry has come under increasing scrutiny as international trade, national trade, security concerns and other factors impact the shipping enterprise in ports, distribution hubs, and entry points around the world. Global demand for transportation services is strong, and the deregulated market means tougher competition for every business in the shipping market. Today, the shipping enterprise must work harder to acquire and retain clients and to meet industry and government standards and regulation. As cost pressure mounts and service demands escalate, shippers and carriers form strategic alliances and relationships to collaborate

and share resources and information and realise economies of scale. Business cycles are shorter and every business must respond swiftly and adapt to changing market forces.

In this market scenario, business intelligence (BI) is more important than ever! Using business intelligence tool, shipping companies, distribution networks, carriers, and third party logistics (3PL) companies can accelerate the speed of goods distribution and effectively use and analyse sales data for competitive advantage. The ElegantJ BI corporate performance management (CPM) and business intelligence (BI) solutions enable effective operational performance management in a unified data environment that allows users to see data integrated from numerous information sources and to easily monitor the metrics and key performance indicators (KPIs) that contribute to the success of the enterprise as well as the factors that create delays, and decrease customer satisfaction and revenue.

Users can also leverage simple, practical analytics to create powerful reports and monitor critical business issues like safety, regulatory compliance, and quality and environmental protection measures.

Business Intelligence Tool

Business Intelligence for Shipping and Distribution with KPI for Shipping

True business intelligence (BI) can support, grow and ensure the success of the shipping and distribution enterprise and simplify and streamline every function for every user within the enterprise.

  • Transport Efficiency Analysis – Users can calculate the average efficiency of a ship carrying weight and volume as compared to the maximum capacity of a ship and the total number of ships used
  • Turnaround Time – Our solution can help your users to calculate the average time elapsed between the arrival of a ship at port, and its departure for another destination
  • Shipment and Freight Zone – Gather data and analyse the distribution of shipments over the freight rate zone of the service provider
  • Enterprise Data Integration – Leverage a flexible, browser-based platform to support growth as the user base, volume of data and enterprise locations and business grows and becomes more complex. Support includes multi-lingual deployment and implementation. Information is integrated from numerous sources and presented in a unified view.
  • Financial and Operational Performance Management – Financial and Operational Performance Management and Analysis enables financial performance and allows the organisation to establish and meet goals and track progress using a large volume of information, integrated from numerous enterprise systems and sources. Users can monitor the financial health of the organisation and create and share reports to comply with government and industry regulations
  • Profitability Management – Profitability Management and Analysis helps users to evaluate risk trends and forecast profitability with dependable data including analysis of the performance of partners, suppliers and other critical collaborators

ElegantJ BI for Shipping and Distribution – Benefits at a Glance

  • Report and analyse average shipment statistics
  • Analyse and control number of carriers per mode
  • Analyse and evaluate deviation with KPI for Shipping
  • Report and share information regarding total orders
  • Establish and monitor metrics for shipment service levels with KPI for Shipping
  • Evaluate freight cost index
  • Optimise transportation duration
  • Effectively analyse and improve decisions regarding regions, locations, shipment numbers, time dimensions, shipping point, route, products, category and type of goods, materials, containers, security, manifests, forwarding agents, third party logistics (3PL) performance, supplier performance and many other factors
  • Create complete transparency in ship operational performance issues
  • Enhance opportunities to reduce operational costs and mitigate risks and issues in shipping and transport
  • Focus on quality improvement processes and metrics
  • Establish a basis for operational standards and develop metrics to monitor performance with KPI for Shipping
  • Optimise resources for audit, inspection, and operations
  • Balances risk involved with business and growth while maintaining regulatory compliance
  • Leverages investments in existing resources and infrastructure by integrating data from existing sources
  • Meet regulatory requirements with timely accurate information
  • Produce Business Intelligence Reports for management and regulators including charts, graphs, gauges, OLAP functionality to concisely display data in a drill through environment that enables analysis
  • Provide a 360° view of regions, regulations, services, shipping, distribution, and other information
  • Perform profit analysis by business unit or product, and find and retain the most profitable products with KPI for Shipping
  • Mitigate risk and understand trends and patterns

ElegantJ BI Integrated Business Intelligence and Enterprise Reporting capabilities ensure comprehensive Corporate Performance Management, and provide business intelligence with simple, practical, affordable features and functionality. Our Business Intelligence Tool, ElegantJ BI is relevant to all industries and functions and can be used by the average business user without the assistance of analysts, statistical experts or technical programmers. No matter the size of your organisation, Business Intelligence Tool, ElegantJ BI can satisfy your needs with flexible licensing and implementation options that include on premises implementation and hosted, Software as a Service (SaaS) implementation.

Business Intelligence Tool, ElegantJ BI provides a single source, integrated view of enterprise data from numerous sources and enable every user to build views, balanced scorecards, dashboards and KPI for Shipping to satisfy the needs of their role, department and function, so every user is engaged in the pursuit of strategic, operational and tactical goals and can provide appropriate support for continued success in acquiring new clients and in retaining existing clients and selling new products and services.

If you need a rich, intuitive Business Intelligence Tool, coupled with robust CPM features, we encourage you to contact us today to discuss your unique requirements and get started with the ElegantJ BI solution suite. Email us at sales@ElegantJBI.com

Business Intelligence Video

Sales Performance Analysis

Business Intelligence Video – Sales Performance Analysis

Browse through our online video library to learn more about ElegantJ BI solutions. You will find valuable information about BI and how it can help you to be more productive and efficient, and the various ways in which our solutions can help you to achieve true BI. Explore the powerful world of Business Intelligence and find out how we can help you achieve your vision and stay on target to business success!

Business Intelligence Case Study

Customer Success Story

Business Intelligence Tool – Case Study

The client is a WHO-GMP compliant, ISO 9002 certified, leading publicly listed Pharmaceuticals Company with a large shareholder base. The company manufactures all major dosage forms such as Tablets, Capsules, Injectables, Syrups, Ointments, etc. Read full story »