vLogistics: The Solution for Today and Tomorrow

Posted on:
November 25, 2024
Articles

vLogistics: The Solution for Today and Tomorrow

Monday, November 25, 2024

VAKT’s vLogistics module automates, standardizes and digitizes all inbound and outbound physical oil trading logistics data and documents, seamlessly linking all information to the relevant trade.

Maritime Logistics: A Legacy Ripe for Transformation

For millennia, maritime trade has been the backbone of global commerce, with its roots stretching back to the 7th millennium BC in the Aegean Sea. Despite advances in technology, many maritime logistics processes still rely on manual, paper-based workflows that hinder efficiency and transparency. VAKT is changing that narrative.

VAKT has created a seamless ecosystem where traders, inspectors and terminals are digitally connected. Live, standardized data flows effortlessly, linking all logistics information directly to the relevant trade – paving the way for a modern, digital-first industry.

VAKT’s vLogistics offering: automatically standardize, send and store all logistics data

Managing physical logistics is a complicated business involving various transport modes, each with its unique complexities.  

VAKT’s vLogistics module simplifies this intricate web by automating and standardizing the entire logistics workflow, from re-nomination to cancellation.

With our intuitive user interface, users can:

· Standardize and automate data: Eliminate manual processes by automatically organizing and digitizing logistics information.

· Streamline communication: Receive “Please Advise” requests and securely share updates in real time.

· Consolidate visibility: Track all data, documents, and communications on a single screen, reducing email dependencies and minimizing information loss.

· Enhance collaboration: Share documents and interact directly with counterparties within the platform, fostering a more connected ecosystem.

Future-Proofing Maritime Logistics Cutting-Edge Technology

VAKT offers a digitally native ecosystem that seamlessly connects all systems using live, standardized data. With roots in the oil industry means, we bring industry-specific, best-in-class technology to tackle complex business challenges:

· Blockchain: Secure, immutable records ensure that all actions are validated and transparent, building trust across the ecosystem.

· Artificial Intelligence (AI): Intelligent parsing transforms unstructured data—whether PDFs, images, or plain text—into actionable insights within our platform.

· APIs: With over 100 fields captured through bilateral integration, our APIs ensure seamless data exchange and automatic updates in customers’ ETRM systems.

· Standardized Data: We continuously refine our datasets, enabling businesses to align seamlessly with the VAKT standard.

· eBLs (Electronic Bills of Lading): By partnering with industry leaders, we facilitate the digitization of Bills of Lading (BLs), preparing businesses for a future of tokenized documentation.

VAKT vLogistics: The Solution for Today and Tomorrow

VAKT’s vLogistics module is not just about solving today’s challenges—it’s about setting a foundation for the future. By integrating blockchain, AI, API connectivity, and advanced data management, we are creating a smarter, more resilient logistics ecosystem.

Join the digital revolution in maritime logistics. With VAKT, the industry moves faster, collaborates better, and prepares for what is next.

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vLogistics: The Solution for Today and Tomorrow

November 25, 2024

VAKT’s vLogistics module automates, standardizes and digitizes all inbound and outbound physical oil trading logistics data and documents, seamlessly linking all information to the relevant trade.

Read more >>

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