DAMCO launches dynamic supply chain solution

UK
Damco has launched a simple and innovative solution to meet the typical supply chain challenges of today: How to deal with constant changes on the demand and supply side without adding cost, time, and complexity?
Damco Dynamic Flow Control™ is the result of a long development effort done at Damco together with a number of key customers. The solution allows supply chain professionals the flexibility to constantly re-plan shipments according to what is important be it delivery date, cost, or carbon footprint without the complexity and manual workload changing purchase orders normally entails.
"As market conditions become more volatile and more difficult to predict, the answer is not to improve your ability to plan, but rather your ability to adapt quickly to demand and supply fluctuations. Damco Dynamic Flow Control™ automatically adjusts planning to changing requirements while still ensuring true end-to-end optimisation of supply chain performance from Purchase Order to Final Delivery," Damco chief executive officer (CEO), Mr. Rolf Habben-Jansen, commented.
In addition, increased delivery performance and reduced manual intervention can decrease lead times by up to 10% while lowering administrative costs by up to 30%. Improved container utilisation and mix, less administration, and reduced air-to-ocean ratio can help decrease cost (and carbon emissions) by up to 20%. The solution has already helped the development partner, a high-profile Damco global customer, to improve delivery performance significantly while achieving a simpler, agile, and cost-effective supply chain.
"This solution truly integrates all existing supply chain partners, enabling automated interaction with vendors, carriers, third party logistics (3PL) and authorities to reduce errors, save time and money, and ultimately increase delivery performance on time when needed. The feedback we are getting on this is very positive and promising for the future of supply chain management", said Mr. Erling Johns Nielsen, Damco Global Head of Supply Chain.
"This enables supply chain managers to continuously change delivery dates or switch between transport modes in order to optimise their supply chains something many people have been looking for since a long time", Mr. Johns said.
Source: http://www.transreporter.com/