Wakeo leverages Spire Maritime’s AIS data to deliver outstanding supply chain visibility

Introducing Wakeo

Wakeo is a global leader in bringing real-time visibility to multimodal transport flows. By leveraging intelligent analytics and predictive capabilities, the platform empowers businesses to navigate disruptions and build a resilient and sustainable supply chain.

With a commitment to high-quality data, Wakeo’s platform, using Spire Maritime’s data, provides real-time tracking, predictive ETAs and insights across various transport modes, including sea, air, road, and rail, ensuring complete door-to-door visibility.

Challenge: Wakeo’s pursuit of high-quality data to empower exceptional visibility for supply chain management

Wakeo’s customers, global shippers who are managing complex supply chains, lack visibility within a siloed network of multiple stakeholders, where crucial information is not shared seamlessly across the supply chain.

These shippers trust Wakeo to resolve this challenge and anticipate disruptions. Wakeo’s platform enables proactive decision-making with real-time tracking, predictive ETAs, intelligent analytics, and insights across various transport modes, leading to a holistic view of their supply chains.

To deliver the best solution for their customers, Wakeo needs highly accurate, comprehensive, and up-to-date data to:

• Attain reliable information, especially in complex regions like the South China Sea (the most critical area globally)
• Implement efficient data collection IT systems
• Have a low latency

Solution: A holistic view of the supply chain created by fusing Spire Maritime’s AIS data with data from stakeholders

The combination of Spire’s AIS data integrated with data collected from transport providers, from its own multi-modal network, and business stakeholder information from traditional frameworks like legacy ERP* systems, TMS**, etc., provides Wakeo with masses of information with which to study behavioral logistical patterns.

Wakeo then combines these findings with field expertise and a deep understanding of supply chain specificities to provide accurate predictions for their customers.

• Wakeo leverages Spire Maritime’s Historical AIS Data to train the generative AI, which predicts vessel routes with high accuracy. This allows them to forecast future port calls and potential route changes, increasing the reliability of predictions. The AI models ensure that Wakeo’s customers can plan their logistics with confidence by accurately predicting vessel movements.
• Spire Maritime’s Satellite AIS Data plays a critical role in tracking vessels in real-time, especially in open oceans like the Indian Ocean. This continuous tracking ensures that visibility is maintained over shipments, even in remote areas.
  For example, during a shipment across the Indian Ocean, Wakeo provided real-time updates and promptly detected route deviations. This capability is essential for their customers, who rely on accurate and timely information to manage their supply chains effectively.
• Spire Maritime’s Enhanced Satellite AIS Data, which eliminates data gaps in high traffic zones with premium ocean coverage and unprecedented frequency of position updates, is vital in strategically important regions like the South China Sea. The dense maritime traffic and complex shipping routes in this area require precise and real-time data that Spire Maritime delivers.

*ERP: Enterprise Resource Planning
**TMS: Transport Management System

Implementation in action:

Wakeo’s advanced predictive analytics platform leverages the combination of Spire’s Historical, Satellite, and Enhanced Satellite AIS data to develop a three-layer prediction approach which provides exceptional visibility and foresight into maritime logistics. This approach encompasses:

• Future Port Calls: Predicting the future ports of call for a vessel.
• Future Route Prediction: Providing real-time updates on the vessel’s future route and continuously updating the predicted route between port calls, allowing the customer to monitor progress and make informed decisions.
• Transshipment Feasibility: Assessing the likelihood and impact of transshipments.

These layers of prediction are crucial in providing their customers with a comprehensive view of their supply chain, enabling proactive decision-making and enhanced efficiency.

Following are two real-life examples of how Wakeo’s platform supports their customers’ build an agile supply chain.

Real-time visibility enhanced: A shipment from a top luxury fashion retailer customer from Vietnam to Southampton proceeds as planned.

• Future Port Calls: Wakeo accurately predicted the vessel’s future port calls, ensuring the shipment’s timely arrival.
• Future Route Prediction: Wakeo provided real-time updates on the vessel’s route, allowing the customer to monitor progress and make informed decisions.
• Transshipment Feasibility: The data confirmed that no transshipment was required, simplifying the logistics and ensuring smooth transit.

This level of visibility allowed Wakeo’s customer to maintain optimal inventory levels and meet market demands.

Advanced predictive capabilities leveraged: Effective contingency planning for a shipment from the same luxury retail customer which faced unexpected delays.

• Future Port Calls: Initially, the shipment was expected to call at Yantian, but Wakeo predicted a possible deviation.
• Future Route Prediction: Continuous updates indicated the vessel’s deviation from the planned route, indicating a likely port skip.
• Transshipment Feasibility: Wakeo identified the need for a transshipment in Singapore due to the missed Yantian stop. The container was rerouted, offloaded, and reloaded onto another vessel.

Despite the 24-day delay, the customer could proactively adjust their supply chain operations, minimizing the impact on their business.

Impact: Advanced algorithms and highly accurate predictive models enhancing customer satisfaction

Through the collaboration with Spire Maritime, Wakeo leverages Satellite AIS data to deliver outstanding visibility and predictive accuracy. Their three-layer prediction approach empowers their customers to navigate the complexities of maritime logistics efficiently and effectively.

Since integrating Spire Maritime’s data in their data engine, Wakeo has seen a significant increase in data quality and a substantial reduction in missed events such as port calls. This enhancement allows their customers to have more accurate and reliable information, which is crucial for efficient supply chain management.