Case Study: Kirti's Strategic Shipment Optimization with LoadViewer
Facing soaring shipment costs and container shortages, Kirti leveraged LoadViewer's advanced load optimization to transform her shipping strategy, achieving significant cost savings and operational efficiency in a challenging international logistics landscape.
Introduction:
In the turbulent landscape of international shipping, where costs have surged and container availability has dwindled, businesses face unprecedented challenges. July 2024 saw a dramatic increase in shipment costs, exacerbated by China's aggressive booking of containers, which created a significant shortage for Indian exporters. European and American buyers, anticipating a future decrease in freight costs, delayed their shipments, prioritizing only the most essential items. Amidst this complex scenario, Kirti, a proactive LoadViewer user, sought an efficient solution to navigate these hurdles.
Challenges:
Kirti's situation was particularly demanding. With 198 cubic meters of goods ready for export, she faced the immediate issue of only having 33 cubic meters prepared to ship. Furthermore, she had successfully booked three containers—one 40 feet standard and two 40 feet Hi-Cube containers. This mismatch between available goods and booked capacity posed a significant logistical challenge, especially given the volatile shipping environment.
To complicate matters further, Kirti's shipment included 10 different SKUs with varying quantities, such as 5/200, 5/5, 10/200, and 5/50, making it a heterogeneous shipment with minimum quantities required to be shipped in a single container. Other solutions Kirti tried provided load plans that required four containers and failed to consolidate the ready quantities of 33 CBM into a single container.
LoadViewer's Solution:
Understanding the critical need for precise load optimization, Kirti turned to LoadViewer to devise a strategy that would maximize the utilization of her booked containers. LoadViewer's advanced algorithms provided the flexibility to accommodate her specific requirements seamlessly:
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Optimized Space Utilization:
LoadViewer's intelligent system calculated the most efficient way to distribute Kirti's heterogeneous goods across the available container space. This ensured that even with the partial shipment, every cubic meter of container space was utilized effectively, reducing potential wastage and maximizing cost efficiency.
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Real-Time Adjustments:
The platform allowed Kirti to make real-time adjustments to her load plan without incurring additional costs. This feature was particularly beneficial given the fluid nature of international shipping schedules and the uncertainties around future shipment readiness.
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Consolidation of Ready Quantities:
Unlike other solutions, LoadViewer successfully provided a load plan that consolidated the 33 CBM of ready goods into a single container. This was critical for ensuring that the shipment could proceed without unnecessary delays and extra costs.
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Key Feature:
LoadViewer's unique feature of asking separate inputs for Total Quantity to be shipped in the form of Desired Quantity + Additional Quantity played a crucial role. While optimizing the plan, LoadViewer's algorithm first fills all desired quantities, then tries to fill the remaining space with additional quantities. This feature, missing in most free software solutions for cargo optimization available today, ensured Kirti's shipment was optimized efficiently.
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Cost Efficiency:
By optimizing the load plan, LoadViewer helped Kirti minimize shipping costs despite the inflated rates and container shortages. The ability to adjust plans dynamically ensured that Kirti could respond swiftly to any changes in her shipment readiness or external shipping conditions.
Results:
Through LoadViewer, Kirti managed to navigate the complexities of the current shipping environment effectively. The platform's flexibility and advanced optimization capabilities enabled her to make the most out of her limited shipping opportunities, ensuring her goods were shipped efficiently and cost-effectively. This strategic use of LoadViewer not only addressed her immediate shipping needs but also provided a robust framework for handling future logistical challenges.
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Conclusion:
Kirti's experience with LoadViewer highlights the platform's critical role in managing complex shipping scenarios. In a time where international shipment costs are unpredictable and container availability is scarce, LoadViewer's ability to offer real-time, cost-efficient, and highly optimized load plans proves indispensable. For businesses facing similar challenges, LoadViewer stands out as a vital tool for maintaining operational efficiency and competitiveness in the global market.
Testimonial by Kirti
"During the shipping crisis of July 2024, characterized by soaring costs and severe container shortages, I faced significant challenges managing our complex shipment needs. LoadViewer was an essential tool in navigating this difficult period. Its advanced features enabled me to consolidate 33 cubic meters of ready goods into a single container—something no other solution could achieve. The platform's unique approach to optimizing load plans based on Desired and Additional Quantities not only helped us reduce shipping costs but also greatly enhanced our operational efficiency. LoadViewer has been a crucial asset in overcoming the logistical hurdles we faced during this crisis."