Honda selects BuyCo and FourKites to digitise end to end international shipping operations
Leveraging BuyCo's extensive ocean carrier network, Honda can now easily access shipping schedules from its carriers and select the optimal option based on criteria, such as CO2 emissions, cost, ETA and allocations.
Honda’s divisions of Motorcycle and Power Products Operations have selected BuyCo and leading real-time supply chain visibility provider FourKites to streamline their container shipping operations.
With a focus on boosting efficiency and enhancing visibility, Honda's collaboration with these industry-leading technology providers marks a significant step toward advancing its supply chain.
Leveraging BuyCo's extensive ocean carrier network, Honda can now 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. 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.
FourKites plays 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 dray 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,” said Mathew Elenjickal, founder and CEO of 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 are honored to have been selected by Honda to achieve its digitisation objectives.”
Moreover, FourKites is working closely with its exclusive partner in Japan, Mitsui Knowledge Industry Co., LTD. (“MKI”), to deliver hyper-localised solutions for the Japanese market that meet the high expectations and unique needs of Honda and others in the region.
By embracing cutting-edge technologies and solutions, Honda reinforces its position as a global leader in the motorcycle and power products industry, ensuring exceptional efficiency and service.
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By Autocar Professional Bureau
27 Jun 2024
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Sarthak Mahajan