Global trade imbalances result in a surplus of empty containers at certain locations and a shortage at others. To address the problem, most shipping lines employ a container fleet that is 10-20% larger than needed, while still struggling to supply their customers with containers.
Empty container repositioning requires prior information about future demand and complex estimations of all related costs (storage, repositioning, grading, maintenance, gate in/out, stevedoring, etc). Yet, planning decisions are handled manually with basic tools (e.g. Excel) and are based on inaccurate commercial forecasts and gut feeling.
33%
of all containers moves are empty
Achieved Results for Our Clients
20+%
Reduction of empty assets logistics costs
7.5%
Reduction of total fleet size
15%
Reduction in repair and grading costs
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20+%
Reduction of empty container logistics costs -
7.5%
Reduction of total fleet size -
15%
Reduction in repair and grading costs
AssetMetrics for Manufacturers with Logistics Assets
AssetMetrics is an automated predictive planning tool specifically customized for Manufacturing companies with own or leased logistics assets. The AI-driven software forecasts customer demand per asset type and location, up to 12 weeks in advance. AssetMetrics also calculates the most optimal storage, repositioning, and maintenance strategy for empty assets. This enables data-driven empty asset management on all levels (local, regional, global) and provides full business process visibility.
AssetMetrics clients have achieved double-digit percentage reductions in the total fleet size while maintaining service levels.
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A Ready Product Customized for Your Needs
Transmetrics offers a complete end-to-end solution, which consists of three main product components. Each of them can be tailored to meet customer-specific requirements.
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Data Cleansing & Enrichment
Our proprietary Artificial Intelligence algorithms analyze your historical data, identify and improve data quality issues such as missing events, values, duplications, outliers, etc. This enables detailed historical reporting on operational efficiency. -
Demand Forecasting
AssetMetrics generates daily rolling AI-driven forecasts of upcoming volumes on the most granular level. The forecasts are based on a mix of the already improved historical data and a set of external factors (e.g. seasonality, public holidays, weather, etc.). -
Predictive Optimization
Considering all operational constraints, the optimization algorithms propose the most efficient asset repositioning scheme and calculate the most optimal way to assign assets to forecasted orders.
Additional Benefits
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Automation: Get rid of manual planning in Excel
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Quick results: Receive first benefits in just 3-6 months
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Cost: Paid from optimization savings (monthly subscription)
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Visibility: Management dashboards for reporting
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Low Risk: 100% success rate, ready product, works even with low-quality data
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"One version of truth": All the relevant data can be found in one system
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Efficiency: Saved time allows to focus on further improvements (e.g. renegotiating with vendors)
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Planning: Considers all cost variables (a complex process to do manually)