TRADELENS OVERVIEW 2-OCT-18
2 TradeLens Overview Introduction 2-Oct-18 IBM AND MAERSK HAVE LAUNCHED TRADELENS An open and neutral supply chain platform poised to transform the industry ⦿ TradeLens is built for the industry and offers benefits to trade participants from across the supply chain ecosystem ⦿ Responding to industry feedback, IBM and Maersk have revised the approach and are proceeding under a collaboration model, which offers greater flexibility and responsiveness to industry feedback ⦿ An Industry Advisory Board will be formed to help shape the platform and drive standards ⦿ Maersk Line and Hamburg-Sud are participants under the same terms as other network members ⦿ Core platform components are available today under an Early Adopter program; full release remains on target for Q4 2018
3 TradeLens Overview Introduction 2-Oct-18 GLOBAL TRADE IS HIGHLY INEFFICIENT AND BURDENED BY PAPER-BASED PROCESSES Inland Transportation ⦿ Data trapped in organizational silos Shippers / Beneficial Cargo Owners Custom Systems Ocean Carriers Supply Chain Visibility Systems ⦿ Disparate perspectives on transaction state ⦿ Manual and time-consuming processes Ports and Terminals Supply Chain / Transportation Management Systems Trade Associations ⦿ Clearance processes subject to fraud Port Community Systems; Terminal Operating Systems Freight Forwarders Authorities Custom Brokers
4 TradeLens Overview Introduction 2-Oct-18 A FEW EXAMPLES FROM OUR PILOT ILLUSTRATE THESE INEFFICIENCIES A single shipment of avocados Pilot shipments from Central A customer support agent for a KEY TAKEAWAYS from Mombasa to Rotterdam Europe to the U.S. resulted in freight forwarder may have to involves 30 actors, 100+ people, containers being delayed for 4 make up to five calls to Data are siloed and 200 information exchanges weeks due to lack of transparency different parties to answer a and delayed information exchange simple location question Business processes are ⦿ Inconsistent information across ⦿ Missing customs documents prevented ⦿ To track a ship or container for manual and intensive organizational boundaries and blind gate-in at time of arrival the BCO, the Customer Support spots throughout the supply chain Agent from the Freight ⦿ Pre-announcement to Terminal was hinder the efficient flow of goods Forwarder may have to call the: not updated in time. Containers arrived ⦿ Port Supply chain partners ⦿ Complex, cumbersome, and costly on different mode, causing peer-to-peer messaging complications for receipt ⦿ Carrier spend too much time chasing information ⦿ Trucking operator ⦿ Manual, time-consuming, paper-based ⦿ Late filing due to miscommunication processes between exporter and Customs over ⦿ Rail operator documentary requirements. ⦿ Risk assessments often lack sufficient ⦿ This scenario occurs throughout information; clearance processes ⦿ Containers missed the vessel due to the supply chain subject to fraud late gate-in, visibility issues and communications delays; as a result the containers were rolled ⦿ Limited visibility over transport plan issues meant inland providers were unable to carry cargo on the expected date
TRADELENS PLATFORM TRADELENS BLOCKCHAIN BUSINESS NETWORK Not exhaustive list of documents managed by platform STRUCTURED AND UNSTRUCTURED DOCUMENTS Not exhaustive list of milestones managed by platform SHIPPING MILESTONES AND SHIPMENT DATA BCO / NVO List Packing Start container tracking Empty container picked up from depot ETA empty container at Lading Bill of FFW / CHB / 3PL stuffing site ATA Empty container at stuffing site TradeLens Overview Container stuffing completed at Documentation Export inland location Transportation Inland VGM submitted Container sealed Declaration Advance ATD Packed container from stuffing site Authorities Customs / Government THE PLATFORM IS AN OPEN AND NEUTRAL INDUSTRI SOLUTION - Estimated gate in for packed container at terminal export Invoice Pre-Paid Gate in full at terminal export Introduction ETD packed container from UNDERPINNED BY BLOCKCHAIN TECHNOLOGY export terminal Packed container loaded Ports / Terminals Origin Certificate of Export documentation cleared Container ready to load ATD packed container from Instructions Shipping export terminal ETA packed container at import terminal Carriers Ocean Temperature update ISF Estimated discharge time for packed container at import terminal Import documentation cleared Certificate Specific Geography Container selected for Ports / Terminals inspection ATA packed container at import terminal Declaration Dangerous Goods Packed container discharged at import terminal Authorities Customs / Government 2-Oct-18 Estimated gate out of packed container from terminal import Certificate Cargo Specific Gate out packed container from terminal import ETA packed container at stripping location 3PL FFW / CHB / Clearance Customs ATA packed container at stripping location Seal removed Packed container stripped at inland location Invoice Commercial Transportation Inland Empty container ready for pick-up Empty container picked up from stripping location Documentation Import BCO / NVO ATA empty container at depot Container tracking ended 5
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