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ARTIFICIAL INTELLIGENCE AND OTHER INNOVATIONS ARE FOREVER CHANGING LARGE VESSELS

vessel

ARTIFICIAL INTELLIGENCE AND OTHER INNOVATIONS ARE FOREVER CHANGING LARGE VESSELS

Throughout the course of human history, civilizations have relied on transit across water to travel, trade and invade. Archaeologists can trace the use of boats back many thousands of years, with circumstantial evidence pointing toward their use as early as 9,500 BC, well before the Pesse canoe, commonly thought to represent the world’s oldest known boat.

Navigational knowledge and boatbuilding techniques have advanced steadily over time; the enormous ships we see transporting people and goods today are extraordinary evolutions of their ancestors.

In the container ship realm, it was not until the 1950s that the first commercially successful vessel completed its maiden voyage. Named Ideal X, it was a T2 tanker owned by Malcom McClean that carried 58 containers between Newark, New Jersey, and Houston. By contrast, today’s largest container ship, the HMM Algeciras, can carry up to 24,000 TEUs. 

Shipping is, quite literally, big business. In monetary terms, the $900 billion shipping logistics industry is expected to be valued at more than $2 trillion by 2023, growth underpinned by increasingly efficient vessels that make use of cutting-edge innovations. 

For instance, by 2025 the global market for electric-powered shipping vessels is set to be worth $8.4 billion, rising to $15.6 billion come the end of the decade. 

Meanwhile, the demand for maritime data analytics is set to increase from $895 million in 2019 to more than $1.8 billion by 2027. Wherever you look, technology is steering the value of big ships upwards. 

Artificial intelligence – an unstoppable tide?  

One strand of technological innovation in ships that is making waves is artificial intelligence (AI). 

Defined as the ability of a machine or a robot controlled by a computer to do tasks that are usually done by humans because they require human intelligence and discernment, AI is taking on an increasing number of use cases aboard large vessels. 

Fuel is one of the largest costs for shipping companies. For Swedish shipping giant Stena Line, it constitutes a massive 20 percent of all running costs. Innovation to help cut fuel consumption has therefore become a major priority. 

Stena, which is also one of the world’s largest ferry operators, has been experimenting with the use of AI technology on one of its vessels as it travels overnight from Gothenburg to the German Port of Kiel. 

Working in collaboration with Hitachi, the Stena Fuel Pilot can predict the most fuel-efficient way to operate a vessel and assist the onboard captain and crew to lower the fuel consumption. The results from Stena Scandinavica show a reduced fuel consumption of 2-3 percent per trip, results which have prompted Stena to deploy the AI assistant across its entire fleet of 37 ships.

Niklas Kapare, captain on M/S Skåne, has used the technology first-hand. He commented: “We can see that it is working, even though we need to continue to adjust it to improve the results. As a captain, I get a good overview of several factors such as wind, currents and squat, and assistance to use the right power and number of engines to lower the fuel consumption.”

Another important use case for AI aboard vessels is navigation. Using sophisticated tracking software in tandem with IoT connectivity, these systems can be leveraged to analyze multiple navigational scenarios. 

Stena is, once again, leading the way in this regard through its AI Captain solution. It is capable of recalculating routes during voyages when it receives information to suggest that problems may lie ahead. Such problems could be in the immediate distance, and it is here that AI-powered image recognition technology has a role to play. 

An example of this in action is a collaboration between Chinese tech firm SenseTime and Japanese shipping company Mitsui OSK Lines. SenseTime’s system leverages ultra-high-resolution cameras and a graphic processing unit to automatically identify vessels in a ship’s surrounding area, designed to prevent large vessels such as container ships and cruise liners from colliding with smaller ones. The solution can also alert crew to other hazards when visibility is poor.

It is not just aboard ships that AI can have an impact, however. The industry could also benefit from slicker terminal operations, with AI being trialed in a number of areas such as container handling, decking systems, gate volume predictions and vessel stowage. 

According to a study from Navis toward the end of 2019, 88 percent of respondents indicated that automated decision-making will be very, if not extremely, important for the future of innovation at terminals. 

Andy Barrons, chief strategy officer at Navis, said at the time: “Just a few short years ago, only a handful of our customers were even open to the idea of automation or other disruptive technologies designed to make the container terminal smarter, safer and more sustainable.

“The survey demonstrates just how far the industry has come–and will continue to go–in harnessing technology in the right ways to automate decision making within terminals. We firmly believe that automation and the use of AI is our future, and will continue to support our current and future customers as they embark down this critical path.”

A fully autonomous future?

But just how far will AI technology embed itself into the workings of ships and the wider industry? 

It is a mightily difficult question to answer, but there are signs that we are only just at the beginning of AI’s shipping industry voyage. 

Yara Birkeland is an emission-free and fully autonomous 120 TEU container ship that is under construction and due to be launched imminently. At the end of November 2020, the ship was handed over to Yara from the Norwegian shipyard Vard Brattvåg, where it is undergoing testing for container loading and stability before being sailed to a port and test area in Horten for further preparations. 

Elsewhere, the European Union through its Horizon 2020 Research and Innovation program is funding a three-year project aimed at creating trade lanes linked by automated port services and used by autonomous ships. 

The Advanced, Efficient and Green Intermodal Systems (AEGIS) initiative is expected to complete in May 2023 and is in line with the EU’s plans to accelerate efforts to shift road transport volumes to rail and waterborne transport. Although the project is targeting smaller ships and short-sea operations, the wider implications could be momentous if it is deemed a successful endeavor. 

However, one of the stumbling blocks in relation to automated ships is cost. 

The enormity of the technology required (at least at present) means that many ship operators, especially those with large vessels, will not be entertaining the prospect of full-scale fleet conversion anytime soon. The Yara Birkeland, for example, is estimated to cost around $25 million–three times more than a conventional container vessel of the same size. 

While AI has proven to yield considerable financial savings, operational efficiencies and safety benefits across a range of use cases, it may be some time before we see unmanned giants roaming our seas. 

freight

Tips For Hiring the Best Shipping Company for Your Business

In today’s modern world, multinational goods dealing is a well-known and well-liked industry. This is why the products of prominent worldwide brands are available in countries all over the world. Freight forwarders manage the transportation of products. They do not just assist in the transporting of products from one nation to another, but they can also aid with suitable storage if necessary.

Freight forwarding providers, in reality, play a critical role in the seamless operation of supply chains. Overseas freight forwarding solutions are in high demand, and numerous organizations provide them at reasonable prices. To pick the best company here are a few helpful tips.

Reputable

It takes several years to earn a good reputation, yet this can be ruined in an instant. The reputation and relationships of freight forwarders are what make them successful.

Verify if a forwarder is a WCA-approved membership if you’re apprehensive about their reputation and dependability. This logistics relationship network serves as an excellent barometer for determining whether or not a freight forwarder could be relied upon.

If you can’t locate any additional context, simply ask those questions from forwarders. Any credible forwarder should have no problems with this. Unless they are a closely owned corporation, you can also see their accounting information online.

Cargo Insurance

So, you’ve located a forwarder who can provide you fair pricing, third-party logistics solutions, and mutual trust. However, there is one additional aspect to consider, and that is cargo insurance. If you want peace and quiet and reduced risk, cargo insurance is a must. It covers your shipment while being transported by land, sea, and air and protects it from loss or damage.

Cargo tracking

Check with your freight forwarder to see if cargo tracking is available. A company sending products through freight forwarding companies will be concerned about the shipment till it arrives in great condition and on schedule. Shipping companies must provide cargo tracking to customers to keep them informed. You’ll know where your deliveries are at all times with cargo tracking. For the most reliable and precise tracking system you can consider zim tracking.

Pricing

Moving freight throughout the world is, in a nutshell, a complicated procedure. It entails various procedures, all of which might go wrong and trigger problems throughout the distribution chain. If you want to choose the cheapest logistics company provider, you will not get the degree of care you require, and their team will frequently lack industry information and experience on how to rapidly resolve difficulties. Picking the inexpensive freight forwarding provider can end up costing your company more in the long run.

Among the most crucial qualities to ask a freight forwarding business are delivery time as well as pricing. It’s critical that your business guarantees and ensures your items arrive on schedule and in great condition at their destination. Pricing is also important, in addition to fast delivery. Select a firm that provides dependable services at a reasonable cost.

production

How E-commerce Websites Can Successfully Integrate Video Production In their Digital Marketing Campaigns

Video is an enjoyable, easy-to-digest, and often, overlooked content creation strategy that converts better than any other type of content.  A landing page containing a video is bound to increase conversion rates by 80%. In addition, videos help search engine rankings and are shown to raise organic search traffic by 175%.

With the tremendous growth of e-commerce sales in the past year, brands are challenged to up their marketing strategy and create new ways to attract potential customers.

Companies that offer products online and haven’t yet started video marketing need to jump on the video production train right away.

E-Commerce State at a Glance

E-commerce rules!  In only the past year, it has generated 4.28 trillion US dollars in revenue. In the U.S only, that accounted for over 604 million US dollars.

Naturally, that drives the increase of digital shoppers as well. It’s estimated that by the end of 2021, there will be 2.14 billion global digital buyers.

It’s safe to say that we are in the era of online shopping. A time when consumers prefer to quickly browse products and services on their mobile devices and place orders that they receive the next day – no hassle, no time wasted.

For e-commerce businesses, the move towards primarily online shopping raises the bar of what counts as a good customer experience.

Simply listing your products on a website doesn’t do much for conversion anymore. There’s a need for more interactive, immersive, and truly helpful product content online. Brands have to figure out how to turn their boring offerings into entertaining story-rich experiences.

One very successful way to do that is through video marketing.

How to use video in your e-commerce marketing

Check out these tips on how you can integrate video production into your e-commerce websites and improve your brand’s bottom-line:

Product Photos Turned Videos

Put yourself in the shoes of your customers. How do you know if a product will match your needs and desires?

You would want to see it in real-life situations. A great way to show your customers how products truly benefit them, is by displaying how they look like or work in practice.

Take the clothing retailer Mother. The fashion brand goes far beyond a simple display of products and visually describes in the tiniest detail how their products look and feel in real-life situations — like walking on a treadmill for example.

Customers get a unique 360-degree view of what the products worn by a real person would look like. Not only that but they show how the clothes move when you wear them.

An awesome example of user experience taken to the next level.

How-to Product Videos

The next step in improving the quality of your e-commerce website is through creating instructional videos that show users how your products work.

These videos educate customers and help them see the value of your product. Plus, “how-to” videos are a great way to help out customer support teams.

People will have clear, visual instructions on how to use the products and will save time and frustration trying to figure it out or wait for help from your support team.

British Airways gives a great example of how you can turn instructional videos into entertaining pieces of content.

Their video features a number of celebrities to draw attention to an often overlooked but quite important aspect of traveling on airplanes.

Celebrities may not be an affordable option for any brand, but their approach can be adapted to deliver a fun and entertaining how-to video for your e-commerce business too.

Behind the Scenes Video: Let Customers be Part of the Action

What will really make your audience connect with your e-commerce business? Well – feeling connected to the mission, challenges and glam of the brand is a great place to start.

Being able to walk through your process and daily tasks, your audience will understand the efforts put into delivering an unforgettable product and experience on their behalf.

It will help show the “human” side of your company – the people that make their experience extraordinary.

For example, take a look at how Glamour Magazine takes their viewers behind the scenes of a photoshoot narrated by their Fashion Director– Natalie Hartley. She guides the audience through how their projects come together, sharing her ideas and approaches in making their photoshoots a true sensation.

The audience is drawn into the process of creating something from a scratch. Showing the efforts required for just a few pages of curated content works miracles with audiences – making them appreciate the brand’s work and increasing consumer loyalty and trust.

To improve engagement with users, try creating video content around photoshoot campaigns and special events important to your brand. Show how your products are made, where do you source your materials from – every detail that is important to your customers and see your brand recognition and loyalty skyrocket.

User-Generated Videos Promoting Sales

If your brand is getting any traction with users, they’re probably expressing opinions and leaving reviews for your products.

Leverage testimonials and encourage customers to create user-generated videos – showing how they use the products, what they like about them, and what they wish to improve with your services.

People like to hear what their peers think of a product or service. They’re more willing to trust existing customers’ opinions, rather than brands claiming to be helpful. The more genuine your user-generated videos are, the more likely they are to positively affect the purchasing decision of potential new customers.

Take GoPro for example. They create unforgettable campaigns with user-generated videos showing how their cameras operate in real life.

They even make it fun by turning the whole process into a competition – enticing participants to generate all sorts of creative ideas – like a downhill bike chase on a roof-top, for example.

People interested in GoPro’s products get to see what actually happens when the camera is on and what they can expect as quality and durability.

You can create similar user-generated videos to help your potential customers get the feeling they already know what to expect from your products and be comfortable with their purchases.

GIF’s & Videos Boosting Email Marketing Conversion

Email marketing is still one of the most effective ways to convert potential eCommerce customers.

It’s a preferred marketing tool that 80% of business professionals trust to help them increase customer retention. In addition,  59% of surveyed customers say emails influence their purchasing decision.

To continue delivering delight, surprise and value to your customer lists and prospects, however, you should consider using animated gifs and videos in your email campaigns.

Statistics show that brands that use gifs see a 6% increase in open rate and a 109% increase in revenue.  Similarly, an initial email with a video gets a click-through rate of 96%

Embedding gifs and videos in your emails will also help you personalize your messaging and deliver value specific to each user.

Here are a few examples of brands using gifs and videos in their email marketing to get you inspired:

Headspace

Netflix

Starbucks

When you create your gifs and video-embedded emails, keep in mind the average attention span of adults is about 8 seconds. For your videos to be short, create anticipation in your video, and direct the reader to a clear CTA.

To Wrap Up

E-commerce is the preferred shopping option of the modern consumer. Dull and uninspiring product lists and low-resolution images, however, are not anyone’s favorite.

To deliver a memorable, and most of all, helpful shopping experience to your customers, you need to stay on top of the latest trends. Video production is not a strategy you can afford to miss. On the contrary, if your online business hasn’t yet started using videos – it’s time.

Video content is the future of e-commerce. It’s visually appealing, interactive, and immersive. It snatches the attention of the digitally overwhelmed and makes them stay to enjoy what you offer.

Don’t waste time. Start producing video content and delight your customers. These 5 content ideas will help you integrate video production into your digital marketing campaigns. Try it and tell us how you did!

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Terry Tateossian, Founding Partner of Socialfix Media is a fourth-generation entrepreneur who is recognized as an Inc. 5000 America’s Fastest-Growing Private Companies, Forbes’ Top Women in Business, Fastest Growing Women Presidents by WPO, and 40 Under 40 Business Leaders by NJBIZ. Terry has been featured for outstanding leadership and career accomplishments in numerous industry publications as an engineer, a thought-leader in technology, and an innovator in the field of marketing. But her favorite and toughest earned title is being “Mom” to her 2 children.

cherry

Chilean Suppliers Thrive on the Chinese Cherry Market

IndexBox has just published a new report: ‘China – Cherries – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

Chinese cherry market relies on imports, as supplies from abroad constitute 70% of total cherry consumption in China. Over the past 6 years, cherry imports into China have doubled. The country became an attractive destination for exporters, with Chilean suppliers capturing the market.

Cherry Imports into China

In 2020, cherry imports into China rose sharply to 210K tonnes, with an increase of 7.9% against 2019. In value terms, imports skyrocketed to $1.6B (IndexBox estimates) in 2020.

In 2020, Chile (195K tonnes) was the main cherry supplier to China, accounting for a 92% share of total imports. Moreover, cherry imports from Chile exceeded the figures recorded by the second-largest supplier, the U.S. (8.8K tonnes), more than tenfold. From 2012 to 2020, the average annual growth rate of volume from Chile stood at +27.4%.

In value terms, Chile ($1.5B) constituted the largest supplier to China, comprising 91% of total imports. The second position in the ranking was occupied by the U.S. ($79M), with a 4.8% share of total imports.

The average cherry import price stood at $7,812 per tonne in 2020, picking up by 8.1% against the previous year. Over the period from 2012 to 2020, it increased at an average annual rate of +4.4%. Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($8,965 per tonne), while the price for Chile totaled $7,693 per tonne.

Source: IndexBox Platform

ROI

Figuring Out the ROI for Your New Warehouse Management System

Figuring out return on investment (ROI) is a core exercise for anyone who is making an investment in software or hardware. “What’s the ROI?” is a common question that a warehouse or logistics manager will get when it comes time to justify a new software investment to corporate leadership.

A performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of a number of different investments, ROI attempts to directly measure the amount of return on a particular investment, relative to the investment’s cost. To calculate ROI, the benefit (or return) of an investment is divided by the cost of the investment. The result is expressed as a percentage or a ratio.

Of course, ROI isn’t just about dollars and cents. There are other factors that must be considered in order to come up with an accurate estimate of exactly what a company will get out of its warehouse management system (WMS) or other supply chain software suite. Other key “wins” to factor into the equation, for example, include:

-Labor savings

-Vehicle savings (i.e., fewer lift trucks)

-Inventory reductions

-Lower shipping expenses

-Fewer customer chargebacks

-Less need for outside storage facilities (and their associated fees)

-Being able to support business growth

-Customer satisfaction due to faster order fulfillment and accuracy

These and other points can be used to develop an accurate ROI for a new piece of software. “ROI is a popular metric because of its versatility and simplicity. Essentially, ROI can be used as a rudimentary gauge of an investment’s profitability,” Investopedia points out. “This could be the ROI on a stock investment, the ROI a company expects on expanding a factory, or the ROI generated in a real estate transaction. The calculation itself is not too complicated, and it is relatively easy to interpret for its wide range of applications.”

According to Forbes, the formula used to calculate ROI is:

[Gain on investment – cost of investment] divided by [cost of investment] = ROI

The cost of your investment is the amount of money you spend on implementing and maintaining your new software system, with the most obvious being licensing fees, tech support, and subscription service, Forbes points out. There may also be additional costs, including installing your new system, educating your staff about the upcoming switch, and training them on how to use the new system.

Gain of investment is the amount of money you stand to gain from implementing the new software system. For example, many health care providers and pharmacies have obligations to regulators. “If they don’t adhere to regulations, they may end up with a fine,” Forbes explains. “Many software packages offer safeguards to make sure companies adhere to all regulatory requirements, thus reducing the likelihood of these fines. The money you don’t pay out in fines would be a gain in investment.”

For clarity’s sake, Forbes says it’s always best to express ROI in relation to a period of time. Your ROI for the first month after you implement your software, for example, will differ from your ROI over the course of the year.

WMS-Specific Points

According to Explore WMS, defining the ROI of implementing WMS should be based on three factors:

Tangible. These are your benefits that are easily measured and validated. The most common ROI elements are going to be reduced overhead costs, improved order accuracy, efficiency gains, and inventory accuracy.

Intangible. These are the benefits that will feel apparent, but it is hard to validate the specifics. Your team might enjoy their workday better when cycle counts are automated or when they get notices about where a component should be on the floor.

Support. Some of your WMS benefits are measurable but can vary greatly and need to be put into their own bucket. These might be if a WMS makes your operations meet partner/vendor requirements and opens you up to potential new revenue streams. Or, a WMS’ reporting functionality may make it easier for you to comply with best practices and future regulatory demands.

“Think of your ROI on these levels, and you’ll start to see value as soon as you learn the functionalities of the WMS you select,” author Geoff Whiting explains. “When you begin to quantify them, you’ll often discover that you have more budget to invest elsewhere, can improve sales numbers, or are enhancing the work environment in ways that reduce turnover and attract high-caliber staff.”

Using ROI to Your Advantage

Taking the time to define and understand expected ROI will also give you a better understanding of your vendor choice and change management practices, Whiting adds. It can also make your next software purchase more viable and productive.

“You need ROI in the first place to know whether it is worth investing time and money in this new project or technology; and afterward to double-check if the investment was worth it and meeting your expectations,” Datapine adds. “By looking at past investment choices and performing an ROI analysis, you can assess these decisions and make better costs projections in the future.”

Generix Group North America provides a series of solutions within our Supply Chain Hub product suite to create efficiencies across an entire supply chain. From Warehouse Management Systems (WMS) and Transportation Management Systems (TMS) to Manufacturing Execution Systems (MES) and more, software platforms can deliver a wide range of benefits that ultimately flow to the warehouse operator’s bottom line. Our solutions are in use around the world and our experience is second-to-none. We invite you to contact us to learn more.

This article originally appeared on GenerixGroup.com. Republished with permission.

robots

E-Food: Farmy Switzerland Continues its Growth with Scallog Robots

The boom in e-food orders gives an ongoing boost to Farmy, the swiss online shop for regional and organic products. In the city of Winterthur, Farmy clients benefit from now on from free deliveries. Warehouse robots from Scallog support the order preparation specialists in the central logistics hub in Zurich. 

Farmy continues to increase its activities. Following a sales rise during the Covid lockdown, the order numbers keep on growing for the swiss company. Most clients that have realized an order for the first time last year got convinced by the high quality of Farmy products – even beyond the Covid period. The constant progression of the sales turnover confirms that consumers trust in the eFood shop.

Free deliveries in Winterthur region 

Farmy enlarges its cost-free shipment zone (Zone A).  Electrical vans supply customers as well in the Winterthur region with the ZIP codes 8400, 8404, 8405, 8406 and 8408. This area is principally without delivery fees.

Support by Scallog robots in the warehouse

The skyrocketing orders require more storage capacities. In order to obtain a densification of the available warehouse space, Farmy has opted for Scallog’s solution. Since spring 2021, the eFood company is assisted by robots in its central HUB in Zurich. Scallog proposes an efficient and innovative goods-to-person system. This solution permits automation in the warehouse zone for dry products with long conservation duration.

In a conventional warehouse, employees have to walk many kilometers to pick an article. In Farmy’s hub, from now on Scallog robots are executing this task. They transport mobile shelves with products to the order preparation specialists. This principle allows a densification of the existing storage space and an important easing concerning the physical work of the warehouse staff. Thus, Scallog enhances ergonomy and security for warehouse employees.

Each morning, fresh products – vegetables and fruits, meat and dairy products  – are delivered by local producers that are partners of Farmy. The packaging of these products is realized manually.

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More about Farmy

Farmy proposes more than 14’500 carefully selected products. They are provided by 1’200 authentic producers. With a performant logistics concept, Farmy ensures the quick and eco-friendly delivery of these products straight to the consumer’s front door. Deliveries are realized by a fleet of nonpolluting electrical vans. In the metropole regions of Zurich, Winterthur, Lausanne and Geneva they are even free of charge. Farmy’s product range contains a big variety of fruits and vegetables (most of them are organic), countless cheeses from swiss cheese manufacturers, a big offer of fresh meat directly from the butcher, crispy delicacies and sweet temptations made by real bakers and patissiers. Articles for the pantry and even sanitary products are proposed too.   www.farmy.ch

More about Scallog 

Scallog is a french entreprise specialized in the development, production and distribution of automation systems for the warehouse sector. With a sound know-how in logistics and engineering technologies for software and hardware, Scallog proposes efficient solutions for the complex needs of logistics professionals in various sectors.  

Scallog was founded in 2013. The headquarter and R & D centre is in France. Subsidiaries exist in several countries, such as Germany, Spain, Brazil and Singapore.  

This article originally appeared here. Republished with permission. 

strawberry exports

Spain Remains the Export Leader in the Global Strawberry Market

IndexBox has just published a new report: ‘Spain – Strawberries – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

Due to the Covid-related restrictions, there was a 2.3% drop in strawberry exports from Spain in 2020. Despite this, Spain keeps its position as an export leader in the global strawberry market. Most Spanish strawberries are marketed in Germany, the UK, France, and other European countries.

Exports from Spain

Strawberry exports from Spain declined to 287K tonnes in 2020, which is down by -2.3% against the year before. The total export volume increased at an average annual rate of +2.5% over the period from 2007 to 2020. Spain comprises near 33% of the global strawberry exports in physical terms.

In value terms, strawberry exports stood at $671M in 2020. The total export value increased at an average annual rate of +2.7% from 2007 to 2020. The most prominent rate of growth was recorded in 2008 when exports increased by 23% y-o-y. Exports peaked at $704M in 2018; however, from 2019 to 2020, exports failed to regain momentum.

Germany (100K tonnes) was the main destination for strawberry exports from Spain, with a 35% share of total exports. Moreover, strawberry exports to Germany exceeded the volume sent to the second major destination, the UK (41K tonnes), twofold. The third position in this ranking was occupied by France (40K tonnes), with a 14% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany totaled +4.8%. Exports to the other major destinations recorded the following average annual rates of export growth: the UK (+5.9% per year) and France (-4.3% per year).

In value terms, the largest markets for strawberry exported from Spain were Germany ($220M), the UK ($116M) and France ($82M), with a combined 62% share of total exports. Italy, the Netherlands, Portugal, Poland and Belgium lagged somewhat behind, together accounting for a further 23%.

The average strawberry export price stood at $2,339 per tonne in 2020 (IndexBox estimates), growing by 3% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average export price increased by 17% y-o-y. The export price peaked at $2,678 per tonne in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2020, the countries with the highest prices were the UK ($2,859 per tonne) and Poland ($2,507 per tonne), while the average price for exports to Italy ($2,005 per tonne) and Belgium ($2,028 per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Poland, while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Platform

ship

The Future of Ship Systems to be Smarter with Ship Bridge Simulators

The maritime industry is not new to the simulation technique and has, in reality, been using this technique in automation as well as numerous other applications. The rising implementation of advanced technologies & automation in the maritime sector has surged the need for ship bridge simulators. The Asia-pacific region has rising passenger traffic and massive import & export businesses; as a result, the region is likely to be in major need of marine systems equipped with ship bridge simulators.

The maritime sector is transiting toward autonomy by enabling assistance in navigation and decision support systems using simulations. At some point in time, if two autonomous vessels crafted by different producers come across each other, how will these vessels communicate? How intricate will the navigation be? Will the ships discuss intricate navigational maneuvers? Will the two autonomous systems be able to communicate in a proper way? Simulation or formulating mathematical models to impersonator trustworthy real-world effects can offer numerous solutions to these questions.

The marine industry is not new to the simulation technique and has, in reality, been using this technique in automation as well as numerous other applications. For example, simulation is used for coaching squads for new vessels before these vessels delivered for crane management and towing in seaports to check loopholes in ship systems and other purposes. For years, simulators are extensively used in training and certification mainly in the Maritime Education and Training (MET). They are used in numerous areas of the marine sector including cargo handling, crane operations, system control, offshore operation training on ships, bridge operations, and towing & anchor handling. Such a wide range of applications of simulators has propelled their demand in recent years. A report by Research Dive reveals that the global ship bridge simulator market growth is expected to skyrocket and the market is anticipated to garner significant revenue in the upcoming years.

Alexander Ozersky, the Deputy Director-Intellectual Systems at Wärtsilä Voyage Solutions, believes that simulation is a technique that permits to do mistakes without triggering any severe outcomes in the real world. A vessel can need nearly ten years to develop or redesign its system. However, by making use of simulation techniques one is able to do it more quickly, more safely, and at a reasonable price. This is why a simulation-based method was used to attest to the functionality of COLREGS (Convention on the International Regulations for Preventing Collisions at Sea) in Wärtsilä Navi-Harbour vessel traffic management system with ClassNK, a global leader in ship classification.

Panorama of the Ship Bridge Simulator Market:

There is a tremendous need for skilled ship operators or watch captains on a vessel for directing navigation, map plotting, weather monitoring, fire management, observation, search, and operation rehearsals. Also, there has been significant development in war systems and technologies; for example, electronic as well as network-centric wars use ship bridge simulators for testing systems. In addition, the rising implementation of advanced technologies & automation in the marine sector has surged the need for ship bridge simulators. Moreover, strict rules issued by maritime lawmakers for proficient coaching of electronic war workforces have propelled the demand for ship bridge simulators in recent years. All these factors portray that the global ship bridge simulator market is accelerating at a rapid pace and is expected to reach significant heights in the coming years.

In the past few years, ship makers have observed that the virtual reality simulation is considerably more proficient than conventional marine simulator training. In virtual simulation devices, a helmet is used that shows a video and is assimilated with sound effects and simulation sensor systems. With these sensors, the virtual simulation helmet can detect activities of the user’s extremities. The incorporation of such advanced technologies is opening doors to lavishing opportunities for market growth.

The Asia-pacific region has rising passenger traffic and massive import & export businesses. As a result, the region is likely to be in major need of marine systems and hence, be a major revenue contributor for the market growth. On the other hand, the North American region is projected to stand at a second position in terms of growth in the ship bridge simulator market. This is majorly owing to the stringent regulations issued by the governments in the region for upholding standard security. The LAMEA region is foreseen to witness continuous growth due to the evolving marine trades in these regions.

The Lookout of the Market during the COVID-19 Pandemic

The COVID-19 pandemic has struck the maritime industry with various unprecedented challenges that hampered its supply chain and compelled quicker implementation of digital technologies in numerous areas of maritime operations, including the area of MET. As the virus was capable to multiply at a rapid pace with person-to-person interaction, several processes that need the physical presence of working personnel have been either postponed or limited for averting human mobility, as a protection measures against the COVID-19 virus. The termination of physical training programs, lockdown, and travel restrictions have triggered several difficulties for seafarers to obtain or uphold their certificates of proficiency. As the MET industry is also experiencing various challenges in ensuring the endurance of the MET activities, and in coping and adapting to the restrictions imposed during the COVID-19 pandemic, the ship bridge simulator market growth is expected to decline to a certain extent until the pandemic relaxes.

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Aishwarya Korgaonkar holds a bachelor’s degree in Information Technology from the esteemed Mumbai University. Being creative and artistic, she leaped into the field of digital marketing and content writing. Her love for words makes her write creative and spellbinding content that adds colors to the world.

business coach

Eric Dalius Explains the Core Aspects of Business Coaching Programs

If you are managing a business, you would agree that leading a team is not easy. From dealing with various obstacles to developing innovative solutions, you need to take care of many things. Since it is not always possible to do that using the standard approach, you need to seek professional assistance wherever required. But, how do you do that? Well, that’s simple- you turn to experienced business coaches for entrepreneurs. As they have the expertise to handle complex tasks, they are one of the best options to go for.

Some of the Core Aspects of Business Coaching that Helped Eric DaliusNet worth Grow Higher Every Day-

Identification of the issues

One of the first areas you should focus on is identifying the issues you are facing. Irrespective of whether you are encountering financial difficulties, problems due to the lack of alignment, or other matters, you need to know what is wrong before you fix it. In some programs, this stage is “stop the bleeding.” It focuses on identifying the primary issues and taking steps to resolve them (to avoid more harm).

 Assess your strengths and weaknesses

When you have identified the problem, you need to assess your strengths and weaknesses. Here, you need to do that both in personal and professional aspects. Not only does this provide you with an accurate idea of your situation, but it will also ensure that you do not have to deal with additional issues. The only thing you need to focus on is to keep an open mind and ask a professional to guide you through the process.

A great coach will assist you in realizing your maximum capabilities. Abilities are critical, and far too many businessmen rest on their laurels, assuming that all is perfect. It is really essential to see where we really have to improve in our shortcomings, but a business coach can encourage you to focus on your strengths, which is how you’ll fill the holes and imperfections in your company.

 Cater to your customers

Undoubtedly, you need to strengthen your relationship with your customers if you wish to grow your business. This will happen when you create products/solutions that focus on their needs rather than yours. This is what will make you a problem-solver over a provider. The key to do that is to interact with your customer, listen to their needs, and create novel ways to engage them. The catch here is that you need to do it using other techniques rather than relying on your sales team.

 Focus on your relationships

Lastly, you need to focus on your relationships if you wish to witness your business grow. As it allows you to know the people around you, it is one of the best options to go for. Also, you should understand that focusing on relationships requires you to focus on your customers, employees, financers, owners, and other stakeholders. When you have a warm and professional relationship with them, you will likely perform better.

Communication that’s also transparent and relationships that are constantly learning provide knowledge about the necessary improvements. At the management level, it necessitates a sense of openness. The reason behind the ever-growing Eric Dalius net worth is effective communication throughout the organization.

Accountability

It is a crucial aspect of business coaching. The person who seeks coaching is supposed to take responsibility for the results. It teaches them to take responsibility for their own decisions and the mistakes that result from them. Through the specific knowledge given within business coaching, it allows them to maintain an open head and heart critically. The coach encourages the candidates to come to generate ideas, which he then modifies with his own knowledge. Applicants are supposed to learn to accept criticism favorably and to become more responsible as a result of it.

Custom Strategies

The small company coach might be able to provide you with more individualized assistance as well as hands-on educational experiences. Any larger coaching companies offer getaways, tailored business plans, or even unique advertising and marketing campaigns. You might find a small business coach who is more like a motivational speaker or a silent business associate, depending on what you really want. It all comes down to your requirements and what you hope to gain from the partnership.

You get the opportunity to be immensely helpful to your company’s development through working with a business coach. You can approach the interested professionals if you’d like to recruit a business coach for entrepreneurship. You would not only help direct your employees in plan execution, but you’ll also help develop their morale and be the mentor in any business-building operation. Make sure you only consider hiring the best business coach with the experience and skills that your company requires.

reverse logistics

Reverse Logistics: Turning Costs into Opportunities

In 2020, lockdown and social distancing will have pushed e-commerce to unprecedented heights. This massive 30% increase in deliveries, further amplified by the Christmas shopping season, is leading to a similar wave of returns – nearly a quarter of all e-orders are returned by customers. Here are a few essential keys to ensure that you are in good working order for returns. 

In psychology, it is said that any “feedback”, even negative, is an opportunity. It is an opportunity to better understand the other person and to improve relationships. The same is true in reverse logistics: returns are an opportunity to transform a constraint into a positive customer relationship, as long as they are processed through all channels, the reasons for them are analyzed and the rate of returns is reduced.

Distancing will have strengthened online shopping

According to TNS Sofres, 89% of French people intended to use e-commerce for their holiday shopping in 2020. This period, as short as it is crucial, was expected to generate more than 22 billion euros in sales. In terms of deliveries, an operator like La Poste will have managed peaks of more than 4 million packages per day during this extraordinary period!

45 %  

Is the proportion of consumers who have returned at least one product purchased online in France within the year. Only Germany and The Netherlands have a higher rate in Europe.1

Reverse logistics, a commercial opportunity.

Before being a backward process, from receiver to sender, returns are an essential selling point. They represent the third decision factor of e-commerce customers, after price and delivery terms!

The consumer, therefore, expects clear information on the retraction periods used (increasing them to one or two months more increases the transformation rate), on the proposed methods (deposit in the mailbox, exchange or refund in the store, transport to the home), on the refund periods (beyond five days, they become an obstacle to the purchase).

Thinking downstream upstream

The return to sender is a channel for customer relations and satisfaction. For this, the keyword is unification. The retailer must be able to access homogeneous and centralized data on each order and its components (financial, logistical, marketing), whether the customer has ordered from a merchant site, in a store, via a market place or a call center.

Reverse logistics is also prepared from the moment of delivery, by simplifying the return procedure through the insertion of pre-addressed labels or by inviting the customer to visit the point of sale. If the products are returned to distribution platforms, the system will have to provide information on these temporary stocks and supervise the correct repackaging of the products, reducing the number of operations in order to optimize both time and costs.

WMS: the control tower

Such a capacity requires, in the background, the latest generation of Warehouse Management Software. This WMS process returns in real-time, regardless of volume and type. They provide an overview of their status, nature and reallocation: back to sales, forwarding to suppliers, destruction or recycling.

The latest generation of WMSs also list all physical and commercial characteristics: terms of sale, order history, via sequential package numbers and the various encodings used (GTIN 128, QR codes, RFID or Datamatrix).

To learn more, please visit our dedicated page.

Multiple benefits

Unified, the backward supply chain reduces the time it takes to put products back on sale, and thus reduces markdowns. Quickly and accurately classified through the WMS, returned products protect the brand’s margins and prices.

Reverse logistics also helps to: identify “serial returners”, know the context of each transaction, record special conditions (made accessible via any channel, at any time).

Another positive aspect is that return statistics influence commercial policy, by decoding consumer habits and customer expectations. The reasons for returns also constitute an alert on the quality of the products: informed in time, the after-sales service can deal with the situation with the suppliers concerned.

Finally, if the customer returns his order to a point of sale, it is an opportunity to offer him a discount coupon, a complementary product or a higher range, to introduce him to a new service. Before being a transaction, commerce is really about relationships.

End-to-end, omnichannel returns monitoring provides valuable insights into the impact of returns on replenishment, product availability and offering relevance. Unified reverse logistics processing creates two strategic advantages for retailers. Commercially, it is a loyalty and growth tool, a key element of a personalized relationship. Financially and logistically, it is an important lever for savings and simplification. It would therefore be a shame, and even harmful, to deprive ourselves of this partner

Statista, 2018.

This article originally appeared on GenerixGroup.com. Republished with permission.