New York Shipping Exchange is a logistics platform that integrates shippers, carriers, and forwarders using real-time data analytics and predictive insights to enhance ocean supply chain performance. The platform addresses disruptions and unexpected costs by providing proactive alerts and a shared system of record, enabling users to maintain operational efficiency and improve decision-making.
Funding
Funding not disclosed
Founders
Product
Problem
Ocean supply chains are complex and prone to disruptions, leading to unexpected costs and inefficiencies for shippers, carriers, and forwarders. Unpredictability and a lack of real-time visibility make it difficult to proactively manage performance and maintain operational control. Missed expectations and poor communication between partners further exacerbate these challenges.
Solution
NYSHEX provides a digital infrastructure platform designed to improve ocean supply chain performance through enhanced decision-making and real-time collaboration. The platform integrates data from shippers and carriers to create a shared system of record, offering users unprecedented visibility into their ocean shipments. By leveraging predictive insights and proactive alerts, NYSHEX enables stakeholders to anticipate and mitigate potential disruptions, ensuring that volumes and costs align with planned targets. The platform's exception management capabilities facilitate efficient issue resolution, empowering teams to maintain operational efficiency and improve overall supply chain resilience.
Target Audience
The primary target audience includes shippers, carriers, and freight forwarders seeking to optimize their ocean supply chain performance, reduce costs, and improve collaboration.
Features
- Dynamic planning tools to adapt to changing conditions and ensure alignment with strategic objectives
- At-risk alerts that provide predictive insights and enable proactive course correction
- Exceptions hub for streamlined collaboration and efficient resolution of operational issues
- Ocean analytics dashboard offering on-demand data and metrics for performance monitoring and improvement
- Direct-sourced carrier data integration for comprehensive visibility and enhanced insights
- Shared system of record that fosters transparency and collaboration among supply chain partners