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OPTIBOX

Optibox identifies equipment imbalances globally
and plans equipment re-positioning with minimal
cost and transit times, using Optimization Engines

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CURRENT CHALLENGES IN LINER SHIPPING
 

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Carriers can interchange a
significant percentage of empty
containers in all regions

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Interchange potential per region as a
percentage of imbalances

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HIGH STORAGE COST
due to commercial demands

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OPERATIONAL COSTS
constantly increasing

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DECLINING REVENUE

week after week

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HIGH MAINTENANCE
and repair cost

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HIGH CONTAINER STOCK
needed to cater to
geographical needs

OPERATIONAL EFFICIENCIES
impacted due to dynamic
nature of Liner business

VARYING DECISIONS

between purchase, sale,
lease or sub-lease

MT REPOSITIONING IS THE 4TH LARGEST COST 

component in the Liner Industry, following Bunker, Terminal, and Charter Hire

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WHY YOU NEED AN OPTIMIZED EMPTY
CONTAINER REPOSITIONING PLAN

The need to identify equipment imbalances globally and plan equipment

repositioning is of high value for liner companies because:

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OPERATIONAL COSTS
are kept to a minimum

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UNUTILIZED SLOTS
identified on vessels between
various port pair legs

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TRANSIT TIMES
are catered to

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DEMAND FORECAST

supply and demand
conditions at multiple

locations

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BUSINESS RULES
adherence to predefined rules

of routing and repositioning

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PLANS CREATED

for sale, purchase lease or sub-lease

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SEASONALITY
patterns generated using
movement profiles

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EQUIPMENT AVAILABILITY

to cater to the best contributing export cargo

ENHANCED CONTAINER UTILIZATION
WITH COST-EFFECTIVE ALTERNATIVES

IMPROVE THE BOTTOM LINE BY EFFECTIVE ASSET
UTILIZATION THROUGH:

  • Automated inventory balancing

  • Alerts & notifications

  • Forecasts generated using time series models

  • Identification of seasonal patterns

  • Identification of volume and freight

  • Solvermind’s AI platform (SEDGE) performing
    Data Cleansing, Data Munging, Data Exploration,
    Statistical Analysis, Predictive Analytics – Clustering/
    Classification/ Regression

  • Tracking and tracing in real time

  • Automatic route generation for all port pairs

  • Account management and cost reporting

  • What-if scenarios

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ROUTE GENERATION FLOW

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DISTANCE
ROUTE FINDER

Identifying the
distance between
two locations

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AUTO-ROUTE
CREATION

Connecting with
the nearest inland

location

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HUB ROUTE
CREATION

Connecting
with the nearest
seaport

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FEEDER
CONTRACT

Identifying the
existing feeder
contracts

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HAULAGE
CONTRACT

Identifying the
existing haulage
contracts

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ROUTING
MASTER

Identifying the
existing available

routes

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DYNAMIC ROUTING &
COST CALCULATION

OptiBox ensures the bottom line stays in the green and customer satisfaction improves dramatically. The re-positioning plan takes the various costs into consideration to achieve the optimal plan.

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FACTORS THAT CONTRIBUTE
TO AN OPTIMIZED SCENARIO

HISTORICAL DATA

N-weeks’ records taken into account (configurable)

Equipment Management System (EMS) Container Routing

Index costs

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+

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CONSTRAINTS

Port pair quantity

Transit days

Transshipment port

Port rules

Hard rules

Available space in the service

=

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OPTIMIZING

Minimize repositioning costs

Container repositioning across the globe

Decision to on/ off-hire/ sale or purchase

Reduce costs for storage, depot services, maintenance & repair

Cater to the best contributing cargo

BENEFITS OF OPTIBOX

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Reduce empty
container
storage cost
due to reduced
turnaround time.

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Obtain consulting
and advice
on business
processes best
practices.

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Gain control over
repositioning
cost.

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Improve asset
utilization
by reducing
container idle
time.

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Global view of
imbalances &
repositionig plans.

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Reduce

maintenance and
repair cost.

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FEATURES OF OPTIBOX

IMBALANCE
CALCULATION ENGINE

Auto computes
imbalance based on
real-time container
tracking data.

OPEN
STREET

Calculates equipment
imbalance and geographical

representation for global reposition planning in real time.

COST MATRIX
CALCULATOR

Estimates repositioning
costs in advance for
budgeting and better
cost control. Analyzes
the variances and takes effective & pro-active decisions for future repositioning.

USER-DEFINED
REPOSITION RULES

The user can define
rules based on business requirements.

DEMAND
FORECASTING

Forecasts supply and
demand conditions
at multiple locations
simultaneously by using advanced statistical techniques.

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