Month: September 2018

  • Have you ever wondered to look at the month on month or year on year trend of the freight that you have been paying for your export and import shipments? Would it not be helpful in order to predict the future freight movement or in making sales decision by factoring in the likely logistics costs? This definitely seems interesting! So, go ahead, dig up those excels/invoices and start collating the data. After all, that data will help you in decision making and directly increment your company’s profits. But alas! The pile of excels is too deep and too much work. What if I told you that you can do something to avoid all this work in the future? What if you can receive all quotes on a platform from your forwarders and get the freight trend reports automatically? GoComet stores freight data of all your shipments for years and years together. It allows you to view and analyse the data according to various parameters such as route, selected forwarder, region etc and download the reports whenever you want. There is also a provision of an interactive dashboard which can be used to change various parameters to see graphs of rate trends, pie charts for shipment distribution etc. Companies procuring freight through GoComet give access of the platform to their marketing teams helping them in making guided sales decisions. The platform also helps you in rating your forwarders based on their freight performance or service levels over various shipments. On the whole, using GoComet for freight procurement helps you in recording data in one place which can be accessed from any place and any time in the form of automatic reports. This helps you in analysing different metrics like forwarder performance or your company’s freight performance or changing trend in the...
  • In the pharmaceutical industry, a large percentage of the business is export oriented. Since the goods are sensitive, i.e. perishable, they require a specific temperature for storing. Due to the nature of the cargo, most of the exports are done via Air cargo only. The freights today are very dynamic and every air shipment is unique as opposed to FCL shipments which largely remains the same irrespective of the tonnage. Hence, it is very important for companies to negotiate rates for each and every shipment in order to maximise their savings. The weight of shipments can vary from anywhere between 10 kg to 5 tonnes or even more. Most pharma companies, big or small have a large number of air shipments where the cargo is small packages weighing less than 500 kg. Since this leads to the volume of shipments being high, it becomes impractical to procure freight in the old manual way of mail and calls. Understanding this limitation, a lot of pharma clients have gone online with their freight procurement process. There has been a latest trend in the pharma industry to adopt GoComet for their freight requirements. Sun Pharma, Lupin, JB Chemicals and Pharma, ACG Pharma, Megafine Pharma are some companies following this trend. A lot of the other biggest names in Mumbai as well as Ahmedabad are also currently testing GoComet and would be subscribing soon. What is the advantage of GoComet versus the manual process or any other platform that is present? GoComet is a very specific tool built specially for international logistics as opposed to any other tool which is used for general procurement. The algorithms of negotiation used in GoComet are able to bring out the hidden savings from the existing vendors which is humanly not possible. Efficiency improvement, man hour reduction, transparency,...