IAS to launch new business intelligence software – Published February 2012
California, Oakland-headquartered web-based intermodal applications provider, International Asset Systems (IAS), is already planning on developing and adding new parts to its new suite of products launched at the start of this year.
The company’s portfolio of collaborative cloud solutions for global container transport and logistics, IAS Dispatch automates the process of placing and tracking container haulage work orders and directly connects users with their motor carrier communities via the web. IAS has upgraded this software system with three new modules: DispatchOptimizer, DispatchTender and DispatchTariff. These match import to export boxes, exports/imports to empty containers and create a centralised tariff system.
And the company told CI-eXpress that by the end of this year they plan on rolling out business intelligence modules to complement the new suite.
Highlighting areas they wanted to expand, Chris Mazza, IAS senior vp of business development, said that the aim was to be able to manage the container flow in a more granular way, with one area that they wanted to develop was being able to examine what cargo is moving in containers, so that similar import and export cargoes could be matched to the same boxes. He said: ‘We want to develop the ability to look at the cargo in the container, and go beyond just matching box types, as there are some import loads whose nature might not be conducive to a follow up export move. For example, you would not want to load food in a container that had just been used in moving something incompatible.’
Another part of the granularity that IAS is keen to develop is high level business analysis and intelligence around the modules. Mazza elaborated: ‘We want to include analytics that shows carriers/forwarders when they are spending in the region, what they are spending it on, and the savings they have achieved in different areas. For example if an ocean carrier sees that they have sent a certain amount in the US northeast corridor, they can compare it with other areas and think: did I really need to spend that?’
Phil Benenna, senior vp in balance management, IAS, emphasised the importance of the new data as he labelled them the ‘Holy Grail’ and enthused: ‘Business intelligence is so powerful, it drills down into the data and creates ad-hoc reports and allows the person to see what drives their business quickly. ‘It allows the person to become an expert on their business, and allows them to really see where the actionable savings are.’