Call Girls In Sector 94 Noida 9711911712 Escorts ServiCe Noida
Â
IDC Vendor Spotlight: Utilizing a Low-code, No-code Cognitive Shipping Platform for End-to-End Shipping Process Automation
1. SPOTLIGHT
Sponsored by:WNS
Utilizing a Low-Code, No-Code Cognitive
Shipping Platform for End-to-End Shipping
Process Automation
July 2023
Written by: Ali Close, Research Manager, Intelligent Finance and Customer Care Business Process Services
Introduction
Severaldisruptive forcesarereshapingthewaylogisticsorganizations think
abouttechnology,causingadramaticshiftinhowshippingand
transportationismanaged.Digital freightbrokeragesand marketplaces
have improvedhowsellersandbuyers conductbusiness,sensorshave
enabled real-time trackingofgoods,and robotsandautonomous vehicles
have takenover freightshipping,tonamea fewexamples.
Analreadycomplexshippingenvironmentquicklybecamemore
complicatedduringtheCOVID-19pandemic.Shippingcostsand rates
skyrocketed,suppliersbecameunpredictable,shipmentsintotheworld's
mosthigh-trafficports weredelayed,andend-to-endsupplychainvisibility
provedtobeinadequate.Overlaythis withtoday'seconomicuncertainties
arounda lingeringrecession,productandlaborshortages,andademand
forsustainability,andtheresultisthat anorganization'sabilitytousedata
toobtain morereal-timepredictive insightshasbecome crucial tosurviving
andthriving.
Whilethisindustryhasbeenslower to adoptnewtechnologies,theinnovations havebeensteadfast.Still,many
organizations aredependingon antiquatedlegacysystemsthatarenotfullyintegratedand arehinderedbythe manual
processingofback/middle/front-officefunctionsacrosstheshippinglife cycle.Accordingto IDCresearch,addressing
manualprocesses withautomation isamongthetopdigitalinterventions thatbuyers oflogisticsservicesrequire to
improve theirshippingandlogisticsoperations.In fact,39%ofUnitedStates-based organizationssaidtheir largestdigital
investmentsby2023willbesoftware/cognitiveautomationand platforms. Taskssuchasorderscheduling,tracking,and
monitoringcan alreadybehandled throughsimple roboticprocess automation (RPA),thusleadingto improved customer
experiences.RPA canalsobe leveragedtooptimize freightmanagementthrough theautomationofrouteplanning,
appointmentscheduling,and loading. However,manyoftheseapplicationsarestillhappeninginsilos.
The shipping process can benefit from significant levels of intelligent automation to
improve accuracy, planning and routing, and real-time operations analytics. However, it
requires specialized communication management, data extraction, customer-specific
business rules, and deep integrations.
WHAT'S IMPORTANT
A fully integrated cognitive shipping
automation platform can improve the
accuracy of the shipping processes and
reduce manual efforts as well as improve
load planning/routing and on-time delivery.
KEY STATS
According to IDC research, 30% of shipping
and logistics services buyers want to use a
digital platform (i.e., a combination of
technologies, such as cloud or SaaS
applications, and significant levels of
automation) for basic shipping tasks such as
requesting quotes and booking shipments.
AT A GLANCE
2. Page 2
#US51050223
SPOTLIGHT Utilizing a Low-Code, No-Code Cognitive Shipping Platform for End-to-End Shipping Process Automation
Cognitive automation isparticularlyripe for shippingprocesses thatarenon-standardized withextensivedocument
flows,which can cause inaccuraciesleadingto shippingdelaysand financial losses.Anextremeamountofshipping
documents areproduced inshippinggoods,andtheyrequireapprovalbyvariousinternal andexternalparties,from
carriers to freightforwarders,consignees,and more.These documents contain vastamounts ofstructured and
unstructureddatageneratedbyaplethoraofshippingactivities (e.g.,activities for clientmanagement,vendor
management,and transportation management)anddocumenttypes (e.g., customsdeclarations, bill oflading,and
invoices).Emailisstillaprimarymeansofcommunication forpreparingashipment, whichalsocontributes to the
significantamountofunstructureddataproduced.Thismakesitchallengingforoperators to track,manage,and
prioritize tasks.Shippers wantthe flexibilityto communicate via different conversation channelsbeyondsimpleonline
portalsandemails,butlegacysystemshinder this.
Moreand more,buyers ofthird-partyshippingandlogisticsservices (andallmanagedservices)looktooneservice
provider relationship tomanagetheend-to-endexecutionofafunction âwhether it'slogisticsandshipping,finance,or
procurement.Theyoftenare interested inintegrating these areas.IDCresearchshows 36% ofbuyers oflogisticsservices
wantto reduce the totalnumber ofmanaged serviceproviders (outsourcers)and consolidatesome orall.Amongthe
mainreasons whyisto establisha deep,collaborativerelationship where themanagedserviceproviderisingrained in
thebusinessandhas in-depthknowledgeoftheinsandoutsofthebusiness.From a capabilitystandpoint,organizations
wantaservice providerthatcan create andmaintainan ITenvironmentthatishighlyagile(e.g.,make changesquickly),
mobile (accessanywhere),andresilient(alwaysavailable).Thisincludesmodular platforms thatconsolidateall
interactionsintoasingularplatformand candrivetransformationwith integratedanalytics,data management,intelligent
workflows,RPA,and cognitive/artificial intelligence(AI).
Benefits of Enterprise-Grade Cognitive Shipping Automation Platforms
Leveragingonesingleplatform forall customer-relatedcommunications âwith embedded capabilities fromnatural
languageprocessing, contextintelligence,middleware,intelligentrouting,businessrules, andanalytics âenables
organizations toachieve the following:
» Managementand trackingofall customer communication via various channels (e.g.,email,chat,bookingportals,
andEDI)in asingleplatform
» IntegrationofgenerativeAIcapabilities forimprovedservice qualityandenhancedagentproductivity
» Access to real-timedataand operational analyticsviadashboards/BItools,in addition toimproveddataaccuracy
» Fastervisibilityofshipmentinformation forimprovedloadplanning, routing,trackingandtracing
» Reduction inmanualeffortsacross theend-to-endshippingdocumentationprocess
» Reduction indocumentationcosts
» Taskprioritization
» Scaleup/down tomanage workloadspikesandpayperoutcome/transaction
» Improvedaccuracyofshippingdocumentationwith continuouslearningfeedbackloops toidentifybottlenecksin
complexprocess flowsand create a cultureofcontinuousimprovement
3. Page 3
#US51050223
SPOTLIGHT Utilizing a Low-Code, No-Code Cognitive Shipping Platform for End-to-End Shipping Process Automation
Considering WNS Malkom: A Cognitive Shipping Automation Platform
WNS Malkomis aproprietary,enterprise-gradecognitiveshippingandautomationplatform thatprocesses 7billion
shippingdocumentsannuallyfor freightforwarders,4PLsandshipping, trucking, andairexpresscompaniesacross the
globe.Theplatform isenhancedby AIandmachinelearning(ML)toaddressnon-standardized,manual,end-to-end
shippingprocesses.
Theplatformutilizesasecure,best-in-class,low-code/no-codetechnologystackand apay-per-usemodel withnoup-
frontsetuporimplementation costs. Itisa completelymodularplatformthatenables organizationstoaddressawide
rangeoftheircustomers across the transportationsegment,notjustwithin theshippingindustry.Itaddressesmultiple
modes fromtrucking,3PLs,andnon-vesseloperatingcommon carrier (NVOCC)operators,eachofwhichhas very
differentdynamics. Malkomhasbeenparticularlyappealingto European companiesdealingwith trade-and custom-
related changesand tothoseorganizations thatdon'thavethetalentpoolorbudgettointegrate with their customers'
systems for this typeofdataprocessing.Less-than-truckload(LTL)carriers,3PLs, freightforwarders,andocean carriers
have leveragedMalkom toautomate LTLbilling,customsprefiling,andshippingbillofladingcreationand amendment,
whichhashelpedimproveproductivitybyupwardof70%,accordingto WNS.Table 1presentsan IDCoverviewofthe
more complex case studiesand thebenefitsdeliveredacrossdifferentindustrysegments.
TABLE 1: WNSMalkom's Case Studies and Benefits
North American
LTL Carrier
United KingdomâBased
Freight Forwarder
Global Ocean Carrier/
Freight Forwarder
Process Billoflading Customsdocumentation Accountspayableinvoices
Percentageofautomation (%) 60 85 90
Percentageofproductivity
improvement(%) 25â30 50â60 50â60
Businessoutcome
Reducedinvoicedisputes
by20%andimproved
on-timedelivery
Reducedturntimeby50%
andimprovedaccuracy
Improvedautomaticmatch
percentageandreduced
handlingtime
Source: WNS, 2023
Malkomusesan emailmanagement platform with embedded generativeAIcapabilities and advanceddatacapture
methods,includingartificialintelligence andmachinelearningmodels,toreadand contextualizeunstructured and
structureddata fromshippingdataincludingemailsandimages.Usingrules-basedsmart/digital validations,thedata
beingcapturedisbackedbymaster tablesand businessrulesspecifictoeach customer to ensuredataquality.
When the firstversionofMalkomwaslaunchedbyWNS,itwas abasicdigitizationengine forthe less-than-truckload
billingprocess, whichwas hard codedbydesignandenabledbysimpleworkflows.WNS enhancedtheplatformover the
followingyear, changingtoaserverlessarchitecturehosted onAWSso thatcustomers could scaleupanddown
seamlesslyasdocument volumes fluctuate.WNScompletely enhanced the learningmodule byaddingdeeplearning
algorithmsand abusiness rulesengine thatenhancedtheaccuracyofdataextraction,output,and the abilitytoread
4. Page 4
#US51050223
SPOTLIGHT Utilizing a Low-Code, No-Code Cognitive Shipping Platform for End-to-End Shipping Process Automation
structured andunstructured formats.Inaddition,omni-channel inputs wereaddedbeyond onlineportals, whichwasthe
onlychannelsupportedatfirst,so there was greater flexibilityinhowoperators could communicate.
To furtherenhanceMalkom's capabilities,WNSpartneredwith theUnitedStatesâbasedstart-upandmiddleware
companyChain.io,whichenableslogistics companies to connecttheirsupplychainsoftwareandtechnologyproviders
withprebuiltintegrations.Thismade Malkom more versatile andmodular by integratingwithkeyindustryapplications
(e.g.,CargowiseandFlexport)toallow fordocument,freightinvoice,andshipment exchanges.Duringthis
iteration/upgrade ofMalkom,WNSalsoexpandedthe typesofusecases thatcouldbesupported,includingbooking,
accountspayable, file creation, HouseBillofLadingcreation,airwaybill creation,manifestcreation,customs filing,and
proofofdeliveryvalidation.
Today, Malkom'sentireworkflowhasbeen replacedbyano-code/low-codeplatformenabledbyplatformssuchas
AppianandSalesforceLightening.The entire workflow canbeeasilyconfigured,and customers getmore functionality
froma workflowperspective andintegrated email andexceptionsmanagement.Use cases andprocesses thatarenow
supportedinclude judgement-orientedprocessessuch asdisputemanagement,claimshandling,classificationof
commodities,and customerserviceemailresponses.Table 2highlightsthe keyfeaturesof MalkomincludingAI-enabled
data capture capabilities,digital validations,businessrulesengine,and low-code/no-codeworkflow.
TABLE 2: WNS Malkom's Key Features
Advanced Data Capture
Smart Validations and
Rules Engine
Low-Code/No-Code Workflow
Advancedmethods toreadinformation:
Deeplearning,algorithms,coordinate
based, andglossarybased
Automaticdatalookupsfrom
mastertables Omni-channelinputs
Custommergerprogramtoprioritize
themostaccurateoutput
Machinepredictionfor
improvedaccuracy
Emailmanagement, casemanagement,
andexceptionhandlingwithSalesforce
Easy-to-configure, customer-specific
business rules
Real-timeagentperformanceand
volumemonitoring
Referencenumberand
commodityvalidations GenerativeAIasanagentcopilot
Source: WNS, 2023
WNS isassessingproofsofconceptsto leveragegenerative AItoautomate customerqueries within Malkom.Inshipping
andlogistics,manyrequestsstartswith anemail,such asgettingaquote orpreparingforabooking.ChatGPTor
generativeAIcapabilities canlookatan emailthatcontainsimportantbookinginformation (e.g.,shipper,consignee,
commodity,andportforloading/discharge)to checkifallnecessarycomponentsarethere tocomplete abooking.Ifitis
not, ChatGPTor generativeAIcan createa responseandreplyto customers tosaythatmoreinformationis required.
Once informationis complete,the generative AIcanhand over the requesttoanother automation thread within
Malkomthatcan complete thebookingand respondbackto the customer.
5. Page 5
#US51050223
SPOTLIGHT Utilizing a Low-Code, No-Code Cognitive Shipping Platform for End-to-End Shipping Process Automation
Challenges
WNS will need tobridge the gapbetween antiquated legacysystems and its
owndigitalsolutionstosupportcustomers in goingpaperlessin thisdigitization
journey.This will include allowingfor interchangeand communicationwith
otherkeysolutions,asitdoes with Chain.io,includingAPIsor EDIs.
Whilethereare fewdirectcompetitorsto WNSMalkom,end-user organizations
could looktoAI-powereddocumentautomationsoftwareproviders asone-off
solutions insteadofoptingfor amanagedbusinessprocessservicesorproject-
basedengagementwitha third-partybusiness processserviceprovider.Plenty
oforganizationshaveexperience with traditionalRPA services andsolutions
combined with OCR withhard-codedinstructionsfrom IT/apps where theycan
applyautomationinpockets.However,inthoseinstances,suchorganizations
wouldbe missingouton thedomain expertise,talent/resources,analytics
expertise, anddeep domainknowledgeofaserviceprovidersuchas WNS.
Conclusion
Shipmentvolumesarenotslowingdownanytimesoonas consumerdemandand ecommerce continueto accelerate the
growth oftheshippingindustry.Thismeansthefundamental processesand documentation thatsitbehind the
movementofgoodsacrossthesupplychain willremain complex,until thatentireprocess/workflow can getautomated.
Shippingandlogisticsproviders can benefitfromleveragingcloud-basedplatforms toautomateshippingdocumentation,
butserviceproviderselectionwillbe key. This paperhas talkedextensivelyaboutthetechnologybenefits. However,end-
userorganizationsshouldlookfor serviceproviderswith the domainandindustryknowledge,processexpertise, digital
andtechnicalexpertise,andtalenttosupportandmaximize this typeofinvestment.
WNS'deep expertise in
the shipping and logistics
industry, coupled with its
cutting-edge digital
capabilities and continued
investments in the
Malkom platform, offersa
compelling value for
enterprise customers.
6. Page 6
#US51050223
SPOTLIGHT Utilizing a Low-Code, No-Code Cognitive Shipping Platform for End-to-End Shipping Process Automation
About the Analyst
Ali Close, ResearchManager,Intelligent Financeand CustomerCare Business
ProcessServices
AliClosecovers thefinanceandaccounting, customercare/contactcenter,procurement,logistics,and
analytics businessprocessoutsourcingservices markets.Aspartofdevelopingresearchforthis program,Ali
focusesonresearchrelatedtoIDC's3rdPlatform,particularlyinareasofintelligentautomation, platforms,
andbusinessprocess as aservice.
MESSAGE FROM THE SPONSOR
About WNS
WNS isadigital-firstbusiness transformationpartner tomore than 400globalorganizations,including25+ shipping
andlogistics companies.Our teamof6,300+ shipping &logisticsspecialistsacross 64delivery centers empower our
clients to elevate customerexperience,achievefinancial effectiveness,overcomeorganizationalsilos,convertdata to
insights, andimplementdigital.Leveragingdeepdomainexpertise and cutting-edgedigitalsolutionssuch as WNS
Malkom,an AI/MLdigitizationplatform,weenable them toaggressivelyand expeditiouslymovetowarddigitalization.
Whileour smartautomationand analyticscapabilitieshelpdriveintelligent,resilient,and sustainableoperations
acrossthevalue-chain âensuringtheyarereadyfor the "next"in theshippingandlogisticsindustry.
To know moreaboutWNSShippingand Logisticspractice, readhere.
The content in this paper was adapted from existing IDC research published on www.idc.com.
IDCResearch,Inc.
140 Kendrick Street
Building B
Needham,MA 02494, USA
T 508.872.8200
F 508.935.4015
Twitter @IDC
idc-insights-community.com
www.idc.com
This publication was produced by IDC Custom Solutions. The opinion, analysis, and research results presented hereinare drawn from
more detailed researchand analysis independentlyconducted andpublishedby IDC,unless specific vendor sponsorship is noted. IDC
Custom Solutions makes IDCcontentavailable ina wide range of formats for distribution byvarious companies. A license to distribute
IDC content does not implyendorsementof or opinion about the licensee.
External Publication of IDC Information and Data â AnyIDCinformation that is to be used in advertising, press releases, or promotional
materials requires prior written approval from the appropriate IDCVice President or Country Manager. A draft of the proposed
documentshouldaccompany anysuch request.IDCreserves the right to denyapproval ofexternal usage for anyreason.
Copyright2023 IDC. Reproductionwithoutwrittenpermissionis completelyforbidden.