Example 1:
Starting Position:
Thanks to a real-time cargo monitoring service a cigarette importer gets additional important insight into the current location
of the cargo, the quality of the cigarettes and also would on manipulation and/or intrusion. The importer offers the additional visibility
data to its insurance company.
In this example we do talk about a 40-feet container with a retail value of US$ 2.5
million and therefore an insurance fee of 1% or US$ 25‘000 respectively.
Calculation:
- Reduction of insurance fee by 1% $ 250
- Reduction of admin work $
120
- TOTAL benefit per shipment $
370
Example 2:
Starting Point: A consumer electronics company is delivering directly to the store of an end client.
The delivery window is 15-30 minutes. In case of late delivery, the client will not accept the delivery and the consumer electronics
company has to store the goods temporarily in its own warehouse in order to start a new shipment a view days later. A more
efficient supply-chain thanks to real-time data would not only lead to a reduction in warehousing cost but also
to more revenue thanks to on-shelf-availability.
Calculation:
- Reduction of admin work
$ 240
- Increased revenue (on-shelf-availability)
$ 50
- TOTAL benefit per shipment $
290
