TradeLens connects global supply chains
Transform your container logistics by freeing it from legacy data systems, manual document handling and poor visibility.
A smarter way to engage in trade
TradeLens is digitizing and transforming trade for the benefit of industry and authorities all along the global supply chain. It offers a more open, trusted, transparent and secure way to conduct trade through a business platform model underpinned by blockchain.
The TradeLens platform has been jointly developed by Maersk and IBM and is supported by major carriers covering more than 60% of global containerized trade.
Traditionally, critical shipping data has been held in paper and various digital formats across dozens of service providers along the supply chain, requiring complex, cumbersome, and costly peer-to-peer messaging. The result is inconsistent information across organizational boundaries, latency in obtaining shipment visibility, and blind spots that hinder the efficient flow of goods.
Digitise your cross-organizational business process
The collection and processing of timely data and the latest documentation requires businesses to spend time on manual checks and frequent follow-ups that results in errors, delays and high compliance costs.
These challenges have significant downstream repercussions. The inability to forecast and plan effectively, address supply chain disruptions in near real-time, and share trusted information across the supply chain leads to excessive safety stock inventory, high administrative costs, operational challenges, and ultimately poor customer service.
Main features of TradeLens
I can’t wait to introduce TradeLens to all of my agents overseas. I think TradeLens give us opportunity to see how technology improves our industry. I am exciting to see TradeLens provide more digital solution in near future.
I have to say, in light of the situation going on now with COVID-19, TradeLens has been the best investment I have made to my Supply Chain. I have been through 9-11, the Northeast Blackout of 2003 and Hurricane Sandy, and now that we are going through COVID-19, it's very clear that a robust platform like TradeLens is nearly a necessity these days
TradeLens is built with the comprehensive security capabilities of a mission-critical platform handling data for Fortune 500 clients.
Critical shipping data and information about a shipment are accessible only to permissioned parties.
Documents hashed to blockchain
Hashes of critical documents are published to the TradeLens blockchain for immutability and transparency.
The TradeLens platform has been developed with comprehensive security measures in place to prevent intrusion and other threats. The TradeLens platform is accredited with the ISO27001 IT security certification.