Proactive monitoring of containers at risk of DEM/DET fees with OneChain

Container tracking and the proactive management of detention and demurrage costs (dem/det) are a major problem for supply chain managers operating internationally. OneChain offers a new solution with its dedicated dashboard, making it possible to anticipate and reduce these unexpected costs.

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The DEM/DET Fee Problem

Detention and demurrage fees are additional costs imposed by carriers when containers are not returned on time or remain in port for too long after arrival. These fees can quickly add up, becoming a source of significant financial concern for any company involved in international transport. Traditionally, tools like Google Sheets or email exchanges are used to track these costs, but these methods lack efficiency and precision.

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The OneChain Solution

OneChain is distinguished by its innovative use of automatic tracking data and information provided by freight forwarders. By integrating this data into an intuitive dashboard, OneChain synthesizes the information and calculates the risk of EDM/DT fees in real time

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Key Features

• Automated Container Tracking: Real-time tracking data makes it possible to monitor the location and status of each container.
• Proactive Risk Calculation: Thanks to artificial intelligence, and by combining automatic tracking data and freight forwarder information, OneChain calculates the risk of fees in real time.
• Intuitive dashboard: A dedicated dashboard to visualize at-risk containers and take corrective actions quickly
• ‍Notifications: be warned when containers are at risk: emails or on the platform

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Conclusion

For supply chain and international transport managers, proactive management of DEM/DET expenses is essential to optimize their operations and reduce costs. Businesses using this dashboard saw a reduction in their DEM/DET costs by around 50%. With the OneChain monitoring dashboard, anticipating and reducing these costs becomes simpler, more accurate and more effective.

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