Blume Global: Uplifting The Supply Chain Ecosystem
Supply chain industry headlines around the world are signalling a move towards digitization. According to a recent report by Grand View Research, the global supply chain analytics market is forecasted to reach USD 9.875 billion by 2025. Major factors driving the growth of this market include the increasing volume and velocity of data, need to significantly increase operational and supply chain efficiencies, and the advent of Artificial Intelligence (AI) and Machine Learning (ML) into supply chain management.Stakeholders throughout the global supply chain industry face immense pressure to increase their efficiency and productivity, alongside the continued rise in demand for same day service and competition. Therefore, there is tremendous value in reducing manual processes through automation and cleaning and processing data leading to actionable insights.
Supply chain professionals will see first-hand the impact digitization and clean data can have on operations; data is an asset in digitization, and it powers AI and ML-driven solutions. When implemented and used correctly, AI can enable exceptional agility and resiliency in supply chains, and this is how it is evolving around the world. It can also ignite a transformational increase in efficiencies and decrease in costs where repetitive manual tasks can be automated. According to a report by PwC, AI has the power to transform the way business is done and could contribute up to USD 15.7 trillion to the global economy by 2030.
As a pioneer of these requirements, Blume Global, headquartered in Pleasanton, California offers the Blume digital platform, an industry leading, datadriven, AI-enabled digital platform with a real-time network that connects and uplifts the entire supply chain ecosystem to drive real value and growth for its customers globally. Beyond increasing efficiencies and automating repetitive tasks, this platform brings data from multiple sources to provide real-time visibility into shipments, orders & inventory, and predicts opportunities and issues enabling recommendations and automated execution of resolutions. The Blume digital platform offers solutions for real-time visibility, logistics execution, asset management, optimization and financial freight invoicing, auditing & settlement. This cloud-based platform is open and neutral, and its extensible architecture enables continuous innovation, both by Blume Global and other software developers, to establish the future of the global supply chain. Not just that, Blume Global uses its 25+ years of data insights and its global network to help enterprises be more agile and responsive, improve service delivery and reduce costs.
Google Cloud Partner Program To Develop Proprietary Technology
A cloud-based supply chain management solution has several advantages over the traditional model. Most notably, cloud solutions are more affordable, efficient, safer, infinitely scalable, and easier to integrate with existing systems than localized software. Blume Global joined the Google Cloud partner program, which allows the company to focus more on developing high value products and features and grow a network of trading partners.
“It is an open, neutral cloud platform that allows us to scale quickly and take advantage of its expertise in technologies such as external data collection and cleaning, big data management, automation & optimization leveraging AI and machine learning. Utilizing the Google Cloud Partner Program, Blume can create a near realtime cloud-based platform that provides end-to-end visibility of shipments and predictive estimated time of arrivals (ETA) across multiple legs and service providers in the network,” says Pervinder Johar, CEO of Blume Global.
“Google Cloud’s open platform and Blume Global’s data science and industry expertise create a powerful combination. Global scalability with enhanced security for more effective supply chain network execution, Predictive and proactive management of all supply chain events and enabling moving from fixed lead times to dynamic lead times are some of the benefits of Blume’s digital platform,” he adds.
Furthermore, Blume Global will use Google Cloud’s open platform to build on their products to develop innovative solutions, creating new opportunities for Blume customers in the cloud. Blume Global provides a unique digital supply chain solution designed to solve chief supply chain officers and logistics planning and operations leaders’ critical technology and business challenges. The company’s solutions build on decades of network growth and associated data to enable real-time visibility with accurate and dynamic predictive ETA, as well as logistics execution and invoice processing across all modes of transportation in international
supply chains to help customers in retail, manufacturing, CPG, Hi-tech and network partners, including carriers and logistics service providers.
Automating Business Operation Management For Motor Carriers
Supply chain organizations need to focus on reinventing their operating models to break silos, develop end-to-end visibility, and create an agile and seamless collaboration model. A high-quality logistics partner embraces the future of technology, particularly as the use of advanced technologies becomes more available and essential to providing differentiated customer service.
Motor Carriers play a significant role in international freight, moving containerized cargo to and from, and between seaports, airports, rail ramps, consolidated freight stations and distribution centres. To support this, Blume Global offers Blume CarrierGo™, which automates business operation management for motor carriers, significantly reducing time between invoicing and carrier payment. This solution is available for free to all motor carriers globally, allowing them to access new business as a part of the Blume Global network. Blume CarrierGo is complimentary trucking software that includes a mobile app, and enables motor carriers of all sizes, from single truck owner operators to large trucking companies with 1,000+ trucks, to work directly with shippers and freight forwarders.
Managing Key Assets Across The Entire Supply Chain Lifecycle
Almost every asset-intensive industry such as energy and utilities, oil and gas, manufacturing and transportation are faced with challenges on how to maximize the value of assets throughout their lifecycle. Asset owners and users need to maximize asset yield, manage costs and optimize placement. Poor asset visibility, misplaced inventory and weak financial controls lead to low asset utilization and higher costs. This is where Blume Assets comes into the picture. Blume Assets enables carriers, service providers and enterprises to manage their key assets across the entire supply chain lifecycle. Blume Assets provides greater visibility, distribution tools, and maintenance and repair management for all asset types. Having insight into the equipment usage patterns enables better allocation and informed decisions regarding reservation priority. Furthermore, having visibility into historic and predictive usage, including pre-determined contracts, drives proper levels of equipment across all locations.
The Journey Ahead
Blume Global is helping all participants in the global supply chain ecosystem to drive and accelerate visibility and orchestration for every move, mode and mile by leveraging advanced technologies, including, AI, ML, analytics, optimization, IoT, blockchain and many others. These advanced technologies combined with key partnerships help ensure the success of the company’s customers.
Blume Global recently announced its new Asia Pacific regional office in Hong Kong and regional office in Bangalore. “We anticipate many opportunities to collaborate with customers in these regions and we are hiring for several positions to build our team in Bangalore,” concludes Pervinder.
Helping the Network of Motor Carrier Partners to Connect Digitally
One of the world’s largest ocean carriers, operating a fleet of 231 modern container ships with a total transport capacity of 1.7 million TEU (twenty-foot equivalent units) and a container capacity of 2.6 million TEU, including one of the most modern fleets of reefer containers is HapagLloyd. The company required a solution that could help them manage and ensure the highest level of quality door-to-door service capabilities across its network of motor carrier partners. This is when it approached Blume Global for a solution.
Blume Global offered Blume Logistics that met the requirements of Hapag-Lloyd. Blume Logistics, which is part of the Blume Universe of solutions built on the Blume Global digital platform, helped Hapag-Lloyd’s network of motor-carrier partners to connect digitally. It encompasses the complete order to settlement workflow, which includes the dispatch work order, drayage rates, appointment scheduling, accessorial charges, live tracking, proof of delivery, invoicing and robust reporting capabilities.
Automating Business Operation Management For Motor Carriers
Supply chain organizations need to focus on reinventing their operating models to break silos, develop end-to-end visibility, and create an agile and seamless collaboration model. A high-quality logistics partner embraces the future of technology, particularly as the use of advanced technologies becomes more available and essential to providing differentiated customer service.
Utilizing the google cloud partner program, blume can create a near real-time cloud-based platform that provides end-to-end visibility of shipments and predictive estimated time of arrivals (eta) across multiple legs and service providers in the network
Motor Carriers play a significant role in international freight, moving containerized cargo to and from, and between seaports, airports, rail ramps, consolidated freight stations and distribution centres. To support this, Blume Global offers Blume CarrierGo™, which automates business operation management for motor carriers, significantly reducing time between invoicing and carrier payment. This solution is available for free to all motor carriers globally, allowing them to access new business as a part of the Blume Global network. Blume CarrierGo is complimentary trucking software that includes a mobile app, and enables motor carriers of all sizes, from single truck owner operators to large trucking companies with 1,000+ trucks, to work directly with shippers and freight forwarders.
Managing Key Assets Across The Entire Supply Chain Lifecycle
Almost every asset-intensive industry such as energy and utilities, oil and gas, manufacturing and transportation are faced with challenges on how to maximize the value of assets throughout their lifecycle. Asset owners and users need to maximize asset yield, manage costs and optimize placement. Poor asset visibility, misplaced inventory and weak financial controls lead to low asset utilization and higher costs. This is where Blume Assets comes into the picture. Blume Assets enables carriers, service providers and enterprises to manage their key assets across the entire supply chain lifecycle. Blume Assets provides greater visibility, distribution tools, and maintenance and repair management for all asset types. Having insight into the equipment usage patterns enables better allocation and informed decisions regarding reservation priority. Furthermore, having visibility into historic and predictive usage, including pre-determined contracts, drives proper levels of equipment across all locations.
The Journey Ahead
Blume Global is helping all participants in the global supply chain ecosystem to drive and accelerate visibility and orchestration for every move, mode and mile by leveraging advanced technologies, including, AI, ML, analytics, optimization, IoT, blockchain and many others. These advanced technologies combined with key partnerships help ensure the success of the company’s customers.
Blume Global recently announced its new Asia Pacific regional office in Hong Kong and regional office in Bangalore. “We anticipate many opportunities to collaborate with customers in these regions and we are hiring for several positions to build our team in Bangalore,” concludes Pervinder.
Helping the Network of Motor Carrier Partners to Connect Digitally
One of the world’s largest ocean carriers, operating a fleet of 231 modern container ships with a total transport capacity of 1.7 million TEU (twenty-foot equivalent units) and a container capacity of 2.6 million TEU, including one of the most modern fleets of reefer containers is HapagLloyd. The company required a solution that could help them manage and ensure the highest level of quality door-to-door service capabilities across its network of motor carrier partners. This is when it approached Blume Global for a solution.
Blume Global offered Blume Logistics that met the requirements of Hapag-Lloyd. Blume Logistics, which is part of the Blume Universe of solutions built on the Blume Global digital platform, helped Hapag-Lloyd’s network of motor-carrier partners to connect digitally. It encompasses the complete order to settlement workflow, which includes the dispatch work order, drayage rates, appointment scheduling, accessorial charges, live tracking, proof of delivery, invoicing and robust reporting capabilities.
