How Tata Steel FAMD Leveraged Predictive Intelligence To Gain 100% Visibility
Tata Steel FAMD is an Indian multinational steel-making company, based in Mumbai, India. Tata Steel is among the top steel producing companies in the world with revenue of €16.4B. Tata Steel primarily serves customers in the automotive, construction, consumer goods, engineering, packaging, lifting and excavating, energy and power, aerospace, shipbuilding, rail and defense and security sectors in 26 different countries.
The Last-Mile Challenge
Tata Steel had issues with:
FarEye’s solution seamlessly integrated with consignor ERP to automate data-exchange, compliance and KPI measurement. FarEye integrated with transporter TMS to digitize documentation with vehicle owners to integrate fleet management & consignee systems with the aim of enhancing visibility and to allow electronic proof of delivery (ePOD).
The FarEye Solution
FarEye's team, service, & product outperform all competitors. I wholeheartedly recommend them to everyone!
Head - CSD
100% operational visibility across all levels of shipments
57% reduction in theft & pilferage
Collaboration amongst 20+ different stakeholders via a common platform
$1 million worth theft correctly identified & alerted
Lack of visibility and control over fragmented logistics stakeholders
Poor integration between systems like ERP and TMS, and disjointed collaboration between stakeholders
Absence of processes required to identify theft, pilferage, and diversions
Inaccurate KPIs and poor visibility of transactional data
Inability to make data-backed decisions
High information lead time, reactive approach and inaccurate ETAs
32% reduction in loading, transit, & unloading (turnaround) time
How FarEye Can Help You
Track ensures visibility from order to delivery. Real-time visibility helps in communicating accurate ETAs to consumers, enhancing brand experience.
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Route can help slash delivery costs with real-time dynamic and constraints-based routing, enabling you to deliver on-time for all last-mile deliveries, including same day.
At a Glance
Gained 100% operational visibility
Reduction in theft and pilferage
Reduction in turnaround time for loading, transit and unloading