Uploaded on Sep 26, 2023
A major advantage of the eBL platform is the ability to digitize and manage bills of lading end-to-end. The platform allows shippers, carriers, forwarders, banks and regulators to access, collaborate on and approve shipping documentation electronically through a centralized hub. This eliminates slow, manual paper-based processes.
Streamlining Logistics with the eBL Platform
Streamlining Logistics with the eBL
Platform
The electronic bill of lading (eBL) platform is an innovative
solution transforming the global shipping industry. eBL
provides a digitized, paperless approach to bills of lading and
shipping documentation, driving major efficiencies for cargo
transport. In this presentation, we'll explore the capabilities of
the eBL platform and how it benefits logistics.
A major advantage of the eBL platform is the ability to digitize and manage bills of lading end-to-end. The platform allows
shippers, carriers, forwarders, banks and regulators to access, collaborate on and approve shipping documentation electronically
through a centralized hub. This eliminates slow, manual paper-based processes.
The eBL platform integrates with upstream systems like
ERPs to automatically pull shipment data. eBL then
generates a draft eBL and optimizes workflows by routing it
digitally for approvals. Platform users can manage each
shipment's life cycle digitally in one system.
eBL provides key freight visibility capabilities, allowing users
to track a shipment's status and events in real-time across its
journey. This level of transparency improves supply chain
agility, aids reporting, and enables proactive exception
management.
The eBL platform also ensures security for shipments through
features like digital signatures, identity management, access
controls and encryption. Regulators can be provided access
to perform audits and verify eBL compliance. eBL improves
accountability across the logistics chain.
A major benefit of eBL is the ability to integrate shipment documentation directly into trade finance processes like LC
issuance. This reduces delays in cargo release and payment. Banks can instantly validate eBLs prior to financing.
The eBL platform streamlines collaboration between
shippers, carriers, regulators and other parties by centralizing
communication. Users can exchange messages, annotate
eBLs, and jointly manage workflows. Transactions are
immutable and auditable.
In summary, the eBL platform solves major pain points for the
logistics industry by optimizing shipping documentation
through digitization, collaboration and transparency. The
efficiencies unlocked deliver bottom-line savings while
improving agility.
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