Honda: Driving Efficiency Across its International Shipping
Honda is an organisation laser-focused on boosting efficiency and enhancing visibility throughout its supply chain.
It’s why the automotive and manufacturing giant is relying on BuyCo and leading real-time supply chain visibility provider FourKites to streamline container shipping operations across its Motorcycle and Power Products Operations divisions.
Honda's collaboration with these industry-leading technology providers marks a significant step toward advancing its wider supply chain.
BuyCo makes container shipping more transparent and profitable
BuyCo is the developer of a digital Container Shipping TMS, designed for exporters and importers which manage large volumes of containers. This SaaS platform connects ocean carriers, freight forwarders and all other shipment participants in a single place.
By connecting stakeholders, automating day-to-day shipping tasks and increasing visibility, BuyCo transforms container shipping to be more efficient, transparent and profitable.
Leveraging BuyCo's extensive ocean carrier network, Honda is able to easily access shipping schedules from its carriers and select the optimal option based on criteria such as CO2 emissions, cost, ETA and allocations. Booking is then sent directly from the platform, enabling Honda to save working time for bookings.
Moreover, BuyCo empowers Honda with strong KPIs to improve processes, optimise inventory and reduce costs. By closely monitoring CO2 emissions, Honda is able to reduce its carbon footprint, while detention and demurrage tracking and alerts allow them to minimise costs.
“We’re thrilled to extend our unwavering support to Honda, delivering an efficient supply chain solution while supporting its carbon reduction goals,” comments Carl Lauron, CEO at BuyCo.
FourKites provides Honda with unparalleled visibility
FourKites is committed to extending supply chain visibility from end to end, from transportation into yards, warehouses, stores and beyond.
Tracking more than 3.2 million shipments on a daily basis across road, rail, ocean, air, parcel and last mile, FourKites combines real-time data and machine learning to help companies digitise their end-to-end supply chains.
Its immense standing is demonstrated by the fact more than 1,500 brands trust the business to create more agile, efficient and sustainable supply chains.
FourKites is playing an instrumental role in providing Honda with an unparalleled visibility and container tracking solution.
With direct access to major ocean carriers, real-time AIS data, terminal insights and drayage carriers’ integration, Honda gains reliable visibility over both land and ocean transportation, allowing the company to closely monitor its containers and proactively avoid or react faster to exceptions.
“The importance of international shipment visibility continues to increase across our customer base, especially with ongoing disruptions such as port strikes, global conflict and climate-related changes,” adds Mathew Elenjickal, Founder and CEO at FourKites.
“Our partnership with BuyCo helps customers improve the management of ocean shipping and react quickly to drive agility and adapt to such disruptions. We’re honoured to have been selected by Honda to achieve its digitisation objectives.”
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