The Future of Multimodal Visibility Has Arrived
Jett McCandless
Founder and CEO of project44 | Transforming Logistics and Transportation
Supply chain and transportation visibility has evolved rapidly since it emerged just a few years ago. Over the last few months, the need has become vastly more obvious. As global brands around the world strive to gain control in volatile market conditions, real-time visibility has become an urgent must-have.
With unexpected supply chain disruption and an uncertain year ahead, businesses no longer have the luxury to say “we’ll get to it later”.
Our vision at project44 is to enable a more productive and successful world, and we believe this starts with a global visibility platform that delivers a complete view across all transportation activities.
To that end, we recently announced the introduction of air freight and groupage visibility, as well as expanded ocean coverage – establishing the industry’s first and only unified, global and multimodal visibility offering.
Unified. Multimodal. Global.
Supply chains are global in nature, yet up until now have been dependent on multiple disparate solutions to gain visibility into different modes or regions.
That is no longer the case. project44 supports all transportation modes and shipping types, including Truckload, Less-than-Truckload, Volume LTL, Groupage, Ocean, Rail, Intermodal, Air, Parcel, and Final-Mile.
While most end users are looking for a broad global scope, a majority of the vendor market focuses their core capabilities regionally. Eric Johnson highlights project44’s competitive advantage compared to those who only successfully support the North American market in a recent JOC article. Stating that by being truly global and multimodal in nature, “project44 is moving [further away] from competing with domestic freight-focused visibility solutions, such as FourKites, MacroPoint, and 10-4 System.”
Supply chains are looking for this global, multimodal solution as it rapidly becomes the new standard for visibility. Companies like AbbVie, Fortune 500 pharmaceutical company and project44 customer, are blazing the trail for a more unified global supply chain model with comprehensive end-to-end visibility.
“To build a supply chain that can withstand today’s unexpected challenges and prepare our business for the future, we need to derive intelligent insights across our logistics network. This means one unified view into our shipments regardless of where it is or how it’s getting there,” said Gregory Pritchard, Head of Global Logistics and JAPAC Distribution, AbbVie Inc. “project44 shares this vision and is delivering comprehensive real-time visibility into the supply chain that’s needed to make critical business decisions.”
With one global multimodal visibility platform like project44, retailers, manufacturers, distributors and LSPs can achieve a level of unified visibility, automation and collaboration that has never before been possible.
Realizing a Key Milestone in Our Vision
This complete multimodal solution has been project44’s vision since the beginning.
Our idea of reducing costs and driving operational efficiencies globally from within one platform has become a reality with this new offering! Ultimately, providing our customer-base one seamless experience that enables frictionless collaboration across the entire global ecosystem.
As Johnson also notes in his article, “The landscape is in perpetual motion, as visibility solutions providers carve out niches based on mode, region, or vertical, or pursue broader ambitions such as project44. In a sense, project44 has gone back to its roots of API promulgation to address the demand for data coming from its shippers' customers."
To help our customers construct a fully connected, agile and resilient supply chain, we will continue to push the boundaries of what’s possible. We will continue to build a comprehensive solution that generates a deep level of visibility data and predictive insights – enabling stakeholders to make key decisions and build more agile, resilient supply chains.
Achieving Fast and Powerful Global ROI
In Gartner’s recent report, How to Assess the Bene?ts and Return on Investment of a Real-Time Transportation Visibility Platform, analysts Bart De Muynck and Carly West indicate that “prerequisites to achieve full ROI consist of a successful implementation of the solution as well as effective onboarding of at least 90% of carriers in the company’s network.”
To truly unify visibility insights into one single platform and deliver ROI, project44 has built the most extensive multimodal network that reaches across more than 48 countries and offers support in more than 16 languages.
That includes connecting with more than 760 ELD/telematics devices across North America and Europe (representing coverage of 94% of the EU telematics market), launching the only global automated carrier onboarding application, and building a network more than 5 times larger than any other visibility provider. This has enabled us to launch the industry’s only money-back SLA, guaranteeing that 90% of a customer’s contracted carriers will be onboarded within 30 days of starting implementation.
With p44, visibility doesn’t have to wait! Our customers see more and more value every day. And we’re excited to help them continue to evolve their supply chain to build a more resilient and predictive model.
You can learn more about the latest release here, and feel free to reach out to the team if you would like to learn more.