The marine modality has long been the least visible link in the global supply chain, with its global scale, intense volatility, and countless stakeholders. For years, marine logistics divisions have struggled with email overload, outsized costs, and disjointed workflows. Now, new contract types, evolving regulations, and increased competition have only added to the seaborne supply chain’s complexity and opacity. A dynamic commercial platform is a powerful tool to help address the marine freight divisions’ most pressing challenges and enable operational excellence at scale.

The Veson IMOS Platform delivers the comprehensive contract management workflow, market-linked insight, and seamless integrations tonnage charterers require to gain new levels of control over their seaborne supply chain. With specialized tools for claims, berth scheduling, exposure management, and more, IMOS empowers supply chain stakeholders to navigate complex realities with greater agility while advancing their key strategic objectives.

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Pressure to contain costs

Cost containment has always been a top priority for tonnage charterers, and this has become even more prevalent amid heightened volatility and increased cost pressure. Demurrage in particular, which represents one of the most significant marine supply chain costs, can be impacted by port congestion, weather-related delays, and other factors that the organization cannot directly control. With a proper solution, tonnage charterers can gain a comprehensive understanding of costs, seek opportunities for optimization, and harness rich visibility and data to better project laytime.

Internal information gaps and delays

With many stakeholders and stages of the workflow involved, marine logistics divisions often struggle with information gaps and delays. This issue is exacerbated by the use of disparate systems across the marine logistics workflow. By delivering robust integration capabilities and standardizing information in one, connected workspace, the right platform can transform disjointed workflows and information into a single source of the truth that is accessible across stakeholders.

Limited market visibility

Tonnage charterers require dynamic visibility that not only extends across their own organization, but into the market at large. A connected and comprehensive seaborne supply chain solution will integrate market insight into the core marine logistics workflow, enabling stakeholders to make decisions that reflect external realities. To make a meaningful impact on the business, this information must be comprehensive, timely, and presented contextually at the points of the workflow where it can make the greatest positive impact.

Complex nominations workflows

For tonnage charterers, no process is more complex and tied to financial success than the nominations process, which considers vessel availability, suitability, and cost. A dynamic marine logistics platform will streamline the nominations process through standardized procedures for a full range of contract types, including TCs, COAs, and more. At the same time, the platform will also strengthen decisions through accurate market data and vessel particulars.

Changing regulations and requirements

As decarbonization-related regulation continues to impact business operations, stakeholder expectations for sustainability in the supply chain have also escalated, intensifying the need for tonnage charterers to prioritize sustainability in their carrier relationships. All these considerations demand a platform that helps address regulatory complexity, provides visibility into emissions-related data, and assesses the carbon impact of each decision.