UPS Inc. (NYSE: UPS) on Wednesday unveiled its Supply Chain Symphony platform, which it said will integrate into one platform the visibility of multiple services that had previously been siloed.
The new tool will enable customers to monitor simultaneously and in real time every aspect of their global supply chains, UPS said. In the past, visibility could not be obtained without shifting to different platforms, according to a company spokesperson. The tool will also enable customers to generate real-time reports on service performance.
Many companies have trouble connecting their separate spreadsheets or databases, and most shippers find it difficult and time-consuming to turn supply chain data into useful information, UPS said in a statement. “An integrated logistics system can give companies a competitive advantage,” UPS said. Customers using the cloud-based software-as-a-service solution will benefit from improved customer service, collaboration, asset utilization and forecasting accuracy, according to the company.
The integrated tool supplants previously stand-alone UPS tools that cover shipping services, global logistics and distribution, global freight forwarding, customs brokerage, and supplier management. It also includes the company’s Express Critical urgent-delivery service, its Mail Innovations service for high-volume mailers, and its Coyote Logistics brokerage service.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now