CocoonOPS announces strategic partnership with iCustoms.ai

Customs declarations can now be completed in ‘mere minutes’ thanks to a game-changing partnership between a state-of-the-art transport management system and a leader in AI-driven customs automation.

The collaboration between CocoonOPS – from developer CocoonFMS – and iCustoms.ai, introduces a fully integrated platform with HMRC’s Customs Declaration Service (CDS) where customs declarations are automated and streamlined.

By taking advantage of iCustoms.ai’s cutting-edge AI capabilities, CocoonOPS users can now complete customs entries with unprecedented accuracy and speed, reducing the time required for declarations to mere minutes.

It represents a major milestone in logistics technology which significantly improves the customs process, boosts efficiency and ensures compliance with international trade regulations.

Industry-Leading Technology

CocoonOPS, a cloud-based transport management system, offers real-time tracking, financial management, and customer portals designed to optimise logistics operations. The integration with iCustoms.ai enhances these capabilities by automating the customs declaration process, thereby reducing manual errors and ensuring compliance with various customs regulations. iCustoms.ai’s AI-driven system classifies goods, processes documents, and calculates duties with high precision, complementing CocoonOPS’s comprehensive suite of logistics tools.

A Game-Changer for Freight Forwarders

“This partnership is a monumental step forward for both CocoonOPS and the logistics industry at large,” said James Blackman, Managing Partner at CocoonFMS. “Integrating iCustoms.ai’s advanced AI technology into our platform empowers our users with unparalleled accuracy and efficiency in customs processing. it bridges the gap to HMRC Customs Declaration Service CDS. It’s a perfect synergy that will drive growth and streamline operations for freight forwarders.

“The real practical benefit is that it takes what was a complicated and time-consuming process and reduces it down to minutes, and with unprecedented accuracy for peace of mind over compliance. Ultimately, this is one less thing to worry about for busy freight forwarders and logistics businesses.”

Streamlining Global Trade

By combining CocoonOPS’s robust transport management features with iCustoms.ai’s AI-powered customs solutions, the partnership aims to provide a holistic, efficient, and user-friendly experience for logistics professionals. This integration allows businesses to manage their entire logistics chain—from shipment tracking to customs declarations—within a single platform, for seamless operations and enhanced visibility.

About CocoonFMS

CocoonFMS Ltd is a UK-based logistics software development company known for its innovative solutions designed to optimise transport management systems. CocoonOPS, the company’s flagship product, offers a cloud-based platform that integrates real-time tracking, financial management, and customer portals to streamline logistics operations.

About iCustoms.ai

iCustoms.ai saves businesses over 50% in customs processing times and costs with its AI-powered trade compliance platform. Developed by trade experts, it automates tasks like classifying goods, processing documents, and calculating duties for accuracy and efficiency. iCustoms.ai streamlines customs clearance, reduces errors, and cuts customs operational costs while ensuring compliance. Using iCustoms.ai helps businesses manage international trade more effectively and ensures timely deliveries.

https://www.icustoms.ai

CocoonFMS® Surpasses 1 Million Carbon Emissions Calculated with CocoonCarbon®

*London, August 19, 2024* — CocoonFMS®, a leading UK-based provider of cutting-edge logistics software, announced today that its CocoonCarbon® calculator has successfully calculated carbon emissions for over 1 million shipments. 

This milestone marks a significant achievement for the company in its mission to promote sustainable practices within the logistics and supply chain industry.

The CocoonCarbon® Emissions Calculator, a tool designed to measure and reduce carbon footprints within the logistics industry, has been instrumental in helping businesses understand and mitigate their environmental impact. Since its launch, it has gained widespread adoption across various sectors, enabling companies to make informed decisions about their shipping strategies while prioritising sustainability.

“We’re thrilled to have reached this milestone,” said James Blackman, CEO of CocoonFMS®. “This achievement underscores the growing awareness and commitment within the logistics industry to address climate change. Our CocoonCarbon® calculator empowers businesses to take actionable steps towards reducing their carbon emissions, and we’re proud to be at the forefront of this critical movement.”

The success of CocoonCarbon® is a testament to CocoonFMS®’s broader commitment to innovation and sustainability. As more companies seek to align their operations with environmental goals, tools like CocoonCarbon® are becoming essential in tracking and managing carbon emissions throughout the supply chain.

The calculator’s ability to provide precise emissions data has not only driven its widespread use but also positioned CocoonFMS® as a leader in the logistics software industry. The company’s ongoing investment in research and development ensures that CocoonCarbon® remains at the cutting edge of sustainability solutions.

As the world grapples with the urgent need to combat climate change, CocoonFMS® continues to push the boundaries of what’s possible in sustainable logistics. The company’s success in surpassing 1 million shipments calculated is just the beginning, with plans to expand the reach and capabilities of CocoonCarbon® in the coming months.

About CocoonFMS®

CocoonFMS® is a UK-based company specialising in innovative logistics software solutions designed to streamline supply chain operations and promote sustainability. Founded with a mission to transform the logistics industry, CocoonFMS® combines advanced technology with a commitment to reducing environmental impact. The CocoonCarbon® calculator is one of the company’s flagship products, helping businesses worldwide achieve their sustainability goals.

 

Transforming Customs Declarations – CDS Integration

CocoonOPS Integrates with iCustoms.ai

In the dynamic world of international trade, efficiency in customs processing is crucial. Recognising this, CocoonFMS and iCustoms.ai have entered a strategic partnership to revolutionize customs declarations. This integration of CocoonOPS with iCustoms.ai’s advanced AI technology is designed to streamline customs entries, enhancing operational efficiency and ensuring compliance with HMRC’s Customs Declaration Service (CDS).

The Power of Seamless Integration

The collaboration between CocoonOPS and iCustoms.ai represents a significant advancement in logistics technology. By combining the robust features of CocoonOPS with iCustoms.ai’s AI capabilities, users can now experience a fully integrated platform that simplifies and automates customs declarations. This integration not only enhances operational efficiency but also ensures compliance with HMRC’s CDS, reducing the time required for declarations from up to 40 minutes to just 3 minutes.

Enhancing Operational Efficiency

CocoonOPS is renowned for its comprehensive suite of features designed to optimize logistics operations. This cloud-based transport management system offers real-time shipment tracking, financial management, and customer portals, providing users with complete control over their logistics processes. The integration with iCustoms.ai takes these capabilities to the next level by automating the customs declaration process. iCustoms.ai’s AI-driven system accurately classifies goods, processes documents, and calculates duties, minimizing manual errors and ensuring compliance with CDS regulations.

A Game-Changer for Freight Forwarders

For freight forwarders, this partnership is a game-changer. James Blackman, Managing Partner at CocoonFMS, emphasizes the transformative potential of this collaboration: “Integrating iCustoms.ai’s advanced AI technology into our platform empowers our users with unparalleled accuracy and efficiency in customs processing. It’s a perfect synergy that will drive growth and streamline operations for freight forwarders.”

Streamlining Customs Declarations with Customs Declaration Service CDS

The Customs Declaration Service (CDS) by HMRC is designed to replace the existing Customs Handling of Import and Export Freight (CHIEF) system, providing a more efficient and streamlined process for managing customs declarations. By integrating with iCustoms.ai, CocoonOPS users can now seamlessly interact with CDS, ensuring accurate and compliant customs entries.

CDS offers several advantages, including:

1. Improved Data Collection: Customs Declaration Service – CDS allows for more detailed data collection, ensuring that all necessary information is captured for customs declarations.
2. Enhanced Compliance: With real-time access to customs data, businesses can ensure they are meeting all regulatory requirements.
3. Automation of Processes: The integration with iCustoms.ai automates the customs declaration process, reducing the time and effort required for manual entries.
4. Cost Efficiency: By minimising errors and ensuring compliance, businesses can avoid costly delays and penalties.

Key Benefits of Customs Declaration Service Integration with iCustoms.ai and CocoonOPS

The integration of CDS with iCustoms.ai within the CocoonOPS platform brings numerous benefits to logistics operations:

1. Drastically Reduced Processing Time: Traditional manual customs entries can take up to 40 minutes. With iCustoms.ai, this time is reduced to just 3 minutes, significantly speeding up the customs clearance process.
2. Enhanced Accuracy and Compliance: iCustoms.ai’s AI-driven system ensures accurate classification of goods and precise calculation of duties, reducing the risk of errors and ensuring compliance with HMRC’s regulations.
3. Seamless Integration with CDS: CocoonOPS users can interact seamlessly with CDS, ensuring that all customs entries are compliant with the latest regulatory requirements.
4. Real-time Shipment Visibility: CocoonOPS offers real-time tracking of shipments via air, sea, road, and rail, providing users with complete visibility over their logistics operations, including the status of customs declarations.
5. Automated Documentation: iCustoms.ai automates the generation and processing of required customs documents, reducing the administrative burden on logistics teams.
6. Cost Savings: By reducing manual entry times and minimising errors, businesses can achieve significant cost savings in their customs operations.
7. Integrated Financial Management: CocoonOPS integrates with financial management systems like Xero and SAGE, ensuring that customs duties and related financial transactions are accurately recorded and managed.

Fully integrated platform for customs entries

The partnership between CocoonOPS and iCustoms.ai is set to revolutionise the logistics industry. By delivering a fully integrated platform for customs entries and transport management, this collaboration enhances efficiency, accuracy, and compliance in logistics operations. Businesses can now manage their entire logistics chain seamlessly, ensuring better control and visibility over their operations. As the logistics industry continues to evolve, the integration of CocoonOPS and iCustoms.ai represents a significant step forward in leveraging technology to streamline global trade.

For more information about how this integration can benefit your business, visit CocoonFMS and iCustoms.ai.

Richard Litchfield MCILT Joins CocoonFMS Ltd to Bolster Executive Team

Logistics entrepreneur and Managing Director of Innovate Freight Richard Litchfield MCILT has become Non-Executive Director at specialist software firm CocoonFMS – extending his portfolio of interests.

Richard has a track record in logistics spanning over 20 plus years implementing state-of-the art freight management systems. Formerly Group IT Director at Europa Worldwide Group and Vice President / Global Head of IS Road Logistics at Kuehne & Nagel in Switzerland, Richard has decades of experience in transport and logistics, mainly within the technology arena.

Richard’s whole career has been focused on IT within transport and logistics. He launched a specialist IT consultancy for freight and logistics, Innovate Freight and 2023 extended the services to provide specialist freight and logistics recruitment through Innovate Freight Talent, which has just debuted at Multimodal Exhibition and is also a sponsor of national campaign Generation Logistics.

Based in Lichfield (Staffordshire), CocoonFMS® is a logistics software provider, offering a cloud-based state-of-the-art Transport Management System for all modes of transport to clients across the UK.

Richard comments “I am delighted to have the opportunity to share my wealth of skills and knowledge across the specialist technology sector for freight and logistics.  Having worked with James previously and having met with the rest of the team, we share a similar vision and approach. Joining CocoonFMS is a perfect opportunity to share my experience and help grow the company.”

James Blackman, Managing Partner at CocoonFMS added “We would like to welcome Richard Litchfield as a Non-Executive Director. Richard expertise will add to our existing wealth of knowledge and expertise of IT & Logistics.  Our ambition is to be the software supplier of choice to the supply chain and logistics industry by delivering the best technology available and we’re hoping the Richard will help us achieving this goal.”

https://www.innovatefreight.co.uk

 ENDS

Notes to Editors

CocoonFMS® Ltd is a logistics software development company based in the UK offering intuitive cloud-based solutions for businesses seeking to evolve their logistics operations. Gain the insights needed to optimise your operations and drive growth. Be Different, Be Better.

Innovate Freight is a specialist IT consultancy for freight and logistics.  Launched in November 2020, Innovate Freight works with businesses of all sizes, from SMEs to mid-sized or global freight or logistics operation. The team work from the ground up, providing a transparent consultancy service offering solutions for in-house, 3rd party, and/or a combination of the two.

Optimising Freight Forwarders: CRM-TMS Integration

In the fast-paced world of freight forwarding, where every second counts and client satisfaction is paramount, seamless coordination between sales and operations is essential. Freight forwarders operate within a complex ecosystem where managing customer relationships and overseeing shipments go hand in hand. In this digital age, harnessing the power of technology is not just an option but a necessity. This is where the integration of Customer Relationship Management (CRM) and Transport Management System (TMS) comes into play, offering a holistic solution that ensures greater control, efficiency, and growth for forward-thinking freight forwarders.

Control: Streamlining Operations with Integrated Systems

Networcx – CRM, empowers your sales teams to maintain a comprehensive overview of customer interactions, from initial contact to post-sales support. By centralising customer data, communication history, and sales pipeline management, it provides invaluable insights that enable sales representatives to make informed decisions and nurture relationships effectively.

In the other hand, CocoonOPS – CocoonFMS® serves as the backbone of operational management, offering real-time visibility into shipments, documentation, and logistics processes. By partnering with Networcx – CRM, operational teams gain access to crucial customer information, such as shipping preferences, special instructions, and past transactional data, ensuring seamless execution of each shipment.

This integration eliminates sales and operations acting within their own silos, fostering collaboration, and enhancing control over the entire customer journey. From the initial sales inquiry to the final delivery, every touchpoint is meticulously tracked and managed, instilling confidence in both internal teams and clients alike.

Efficiency: Optimising Processes for Enhanced Performance

In today’s competitive landscape, efficiency is the key to staying ahead of the curve. By integrating CRM and FMS, freight forwarders can streamline processes, reduce manual errors, and accelerate workflows, ultimately driving efficiency across the organisation.

With Networcx – CRM, sales teams can automate repetitive tasks, such as lead generation, follow-ups, and quotation management, freeing up valuable time to focus on building meaningful relationships with clients. By leveraging data-driven insights and analytics, they can identify trends, anticipate customer needs, and tailor their approach accordingly, maximising sales effectiveness.

Simultaneously, CocoonOPS – CocoonFMS® automates operational processes, such as booking confirmations, shipment tracking, and documentation management. By integrating with Networcx – CRM, operational teams can access relevant customer information directly from the CRM platform, eliminating the need for manual data entry and minimising the risk of errors.

Networcx CRM Logo

This seamless integration not only enhances internal efficiency but also translates into a superior customer experience. Clients benefit from faster response times, accurate information, and proactive communication, cementing their trust and loyalty to the freight forwarder.

Growth: Driving Business Expansion through Integrated Solutions

In a dynamic industry like freight forwarding, sustainable growth hinges on the ability to adapt to changing market demands and seize new opportunities. By harnessing the combined power of CRM and FMS, freight forwarders can unlock new avenues for expansion and diversification.

Networcx – CRM provides invaluable insights into customer behaviour, market trends, and competitive landscape, empowering decision-makers to identify growth opportunities and formulate targeted strategies. From identifying high-potential leads to nurturing existing accounts, it serves as a catalyst for business growth.

Complementing this, CocoonOPS – CocoonFMS® offers scalability and flexibility to accommodate evolving business needs. Whether it’s handling increased shipment volumes, expanding into new markets, or integrating with third-party logistics providers, it provides the necessary infrastructure to support business expansion seamlessly.

By aligning sales and operations through integrated systems, freight forwarders can capitalise on synergies, optimize resource allocation, and drive sustainable growth. From enhancing customer satisfaction to increasing market share, the possibilities are endless for forward-thinking freight forwarders embracing integrated CRM and FMS solutions.

Embracing the Future of Freight Forwarding

The integration of CRM and FMS is not just a technological advancement but a strategic imperative for freight forwarders looking to thrive in today’s competitive landscape. By combining the control, efficiency, and growth capabilities of Networcx – CRM and CocoonOPS – CocoonFMS®, forward-thinking freight forwarders can unlock new levels of success and establish themselves as industry leaders.

From streamlining operations to enhancing customer relationships and driving business expansion, the benefits of integrated CRM and FMS solutions are undeniable. As the freight forwarding industry continues to evolve, those who embrace innovation and leverage technology to their advantage will emerge as the true trailblazers of tomorrow.

Are you ready to take your freight forwarding business to new heights? 

Contact us today to learn more about how Networcx – CRM and CocoonOPS – CocoonFMS® can transform your operations and drive sustainable growth in the digital age. With seamless integration and unparalleled functionality, the future of freight forwarding begins here.

New team members appointed to support roll-out of innovative freight industry tool

A Birmingham-based business which is helping to transform the freight industry has appointed key team members as it prepares to roll-out a revolutionary new software tool.

Software solutions provider CocoonFMS® Ltd has developed a pioneering cloud-based system which gives the logistics industry real-time visibility over shipments including location, demurrage and detention costs and carbon emissions.

It was one of the first SMEs in the country to receive funding from the Freight Innovation Fund which aims to help the freight industry become greener and more efficient. Since receiving the £129,000 cash boost earlier this year, CocoonFMS® Ltd was able to further develop and test its demurrage and detention calculator – CocoonDEM – ready for a wider roll-out to market.

A key part of that growth is the appointment of two new team members.

Anna Craciun joins the team as a front-end developer who will focus on advanced functionality and improving user interfaces and experience. She brings a wealth of knowledge to the team having worked as a consultant within the logistics sector for several years.

Joseph Adecer joins as a sales executive and will be helping to grow the business by sharing the benefits of CocoonDEM with as many freight forwarders, retailers and distributors as possible. Joseph previously worked with a variety of SaaS products including Catapult and Xeneta.

Helping businesses to ‘be different, be better’

CocoonFMS® Ltd managing partner James Blackman said: “We’re really pleased to be joined by Anna and Joseph as we prepare to revolutionise the freight industry with our pioneering container management system.

“We’ve been working on our transformative logistics solutions for a long time and winning the Government funding earlier this year has enabled us to get it ready for launch a lot quicker.

“We’re looking to disrupt the market as we help businesses in the freight industry ‘be different and be better’ and these two appointments are key to our rapid growth.”

The software provides visibility over containers at all times, including notifications about when they will start incurring costs, so companies can take appropriate action ahead of time, rather than after the fact.

Calculations are instant via default rates built in by country, port or carrier, or contractual rates, all available on an easy to view dashboard. Businesses can also benchmark the performance of freight forwarders and set KPIs for efficiency improvements.

There’s also the option to accurately measure and track the environmental impact of entire supply chains at shipment level so that informed decisions can be made about where and how carbon emissions can be reduced. This includes a built-in carbon off-setting tool.

Because it’s cloud-based, CocoonDEM is installed quickly and easily with minimum disruption and can be integrated with existing systems. It can then be accessed and managed from anywhere at any time.

Building on the development of CocoonDEM, CocoonFMS® Ltd is also preparing for the launch of a brand new single source of truth platform which will bring all its products together in one easy-to-use transport management system – CocoonOPS.

Boosting connectivity, growth and jobs

CocoonFMS® Ltd was one of just nine SMEs to receive first round funding from the Government’s Freight Innovation Fund which aims to accelerate the adoption of existing freight technologies and transform freight delivery around the country.

As part of the funding, SMEs were partnered with larger firms to further test and refine their solutions in real-world conditions. CocoonFMS® Ltd has been working with leading logistics and freight company, Simarco Worldwide Logistics.

ENDS

CocoonFMS® Ltd is a Logistics software company based in the UK an Intuitive, cloud-based solutions for businesses seeking to evolve their logistics operations. Gain the insights needed to optimise your operations and drive growth.

CocoonFMS® Ltd business wins Government funding to help transform UK freight industry

A Birmingham-based business has been selected to help transform the future of the freight industry, as one of the first SMEs to win Government funding in a new scheme.

Software solutions provider CocoonFMS has been awarded a £129,000 grant from the Freight Innovation Fund which aims to help the freight industry become greener and more efficient, boosting connectivity, growth and jobs.
It is one of nine SMEs chosen to receive a share of the pot in the first round of investments, designed to accelerate the adoption of existing freight technologies and create more innovative methods of freight delivery around the country.
CocoonFMS® Ltd is developing a pioneering new cloud-based demurrage and detention CocoonDEM which provides freight forwarders and retailers with visibility for monitoring their imports and exports, with real-time container location, up-to-date detention and demurrage costs, as well as carbon emissions.

It can be accessed from anywhere on any device, without the need for on-site IT resources and can be operational within a matter of days, or even hours.

Revolutionising the freight and logistics sector

The system will give businesses much better control over their logistics and costs using actionable data that will also help reduce bottlenecks in the network and enable them to reduce their carbon emissions through better planning.
CocoonFMS® Ltd managing partner James Blackman said: “We are absolutely over the moon to have been awarded government funding to further develop our pioneering work in this area. We’ve been working on our innovative logistics solutions for a long time and this will enable us to get it ready for the wider market a lot quicker.

“The new system we are developing (CocoonDEM) brings several of our platforms together into one single source of truth platform which has some really unique functions that will hugely help freight forwarders and other supply chain businesses understand and predict their costs. It will also help them reduce their emissions through better planning and scheduling. For example, we know there’s a huge issue around containers being stuck at ports incurring huge costs and creating massive bottlenecks for the whole industry.

“We provide visibility over containers at all times, including notifications about when they will start incurring costs, so companies can action it appropriately. The logistics industry is still heavily reliant on reacting to notices after an event has happened, rather than predicting and planning the movement of freight.

“This really will revolutionise the logistics and freight sector.”

The successful SMEs have been partnered with larger firms to further explore and develop the viability of their solutions in real-world conditions.

CocoonFMS® Ltd will now spend the next six months working closely with their partner, a leading logistics and freight company, Simarco Worldwide Logistics, to expand and fully test the system on a large scale.

Addressing long-standing issues in the freight sector

Projects supported by the Freight Innovation Fund have to address three longstanding issues in the freight sector:

  • A lack of large-scale cross-industry data collection and sharing between different transport modes
  • Difficulties in intermodal transport with a need to improve how large consignments are broken up into smaller ones to reduce traffic and emissions
  • Improvements in freight distribution in ports across different transport modes

Other winning projects include the use of drones to make deliveries between remote Scottish islands and lightweight electrically assisted delivery vehicles to transport goods in cities.

The funding is being delivered through Connected Places Catapult. Its CEO Nicola Yates said: “The freight sector has an enormous opportunity to support jobs and growth across the UK which is why we are pleased to welcome the SMEs to the first round.
“Working with innovators and industry partners through our accelerator programme allows us to develop a pipeline of technology and new ideas that promise to tackle the freight sector’s emerging needs, ensuring that resilience, efficiency and carbon reduction are core to its future.”

Green Leaves Logistics chooses CocoonTMP for their customer visibility

Birmingham based freight forwarders Green Leaves Logistics has chosen CocoonFMS Ltd, to supply them with a track & trace system to move them light years ahead of the market. 

After initial meetings, Green Leaves Logistics were blown away by CocoonFMS Ltd’s new product CocoonTMP® which has been developed to support existing operating systems and digitalised the supply chain.

The integration was very quick and extremely painless as Marvin & Karen the joint owners were fully engaged from the start. They understood that having a tool this powerful will not only give them a competitive edge but also would improve the customer experience through better data quality, carbon reporting and document management.

Both companies are members of the Greater Birmingham Chamber of Commerce and share a common interest in helping the environment. Both companies are driving for Carbon Neutrality and one key thing which separates Green Leaves Logistics is their response to the climate emergency is by offering a Carbon Offsetting program using CocoonFMS’s, CocoonCarbon calculator. 

Not only can Green Leaves Logistics real-time track your shipments but for every shipment, you can find out how much Carbon Emissions the shipment has emitted as well as how much has been offset with evidence.

“From the very first meeting, we knew that CocoonFMS was the perfect fit not only from the technology side but also from the way they work. I can the relationship between the two companies growing” said James Blackman Managing Partner CocoonFMS Ltd.

Marvin Elson – Managing Partner Green Leaves Logistics said: “In our search for a suitable product we discovered CocoonFMS Product. 

As a business whose customers shape everything we do, it was paramount that our new platform could meet the present but also future needs of our customers.

We were immediately impressed by the forward-thinking evident in the design and functionality of the system. The platform is far ahead of the competition!

The team at Cocoonfxmedia were so much fun to engage with!

The professionalism, attentiveness, agility and flexibility displayed by the team throughout the project was exceptional and importantly, the aftercare remains so. 

Since the launch of CocoonFMS has been pivotal in accelerating the growth of our business.

The digital capabilities afforded us through this system have helped our customers and team win back valuable time to re-purpose in other effective ways.

The continued overwhelming response from our customers is very positive and we are finding more and more of their users are requesting access because they clearly see the benefit to them.

Partnering with CocoonFMS Ltd has been a perfect choice and the CocoonTMP®, the perfect fit for our customers and our brand.” 

Demurrage & Detention Calculator – CocoonDEM

All-new standalone demurrage & detention calculator has been launched by logistics software developers CocoonFMS® Ltd.

Logistics Software developers CocoonFMS® Ltd have launched a new standalone product to add to their existing Digital Eco System. The new product is a SaSS based Demurrage & Detention calculator which anyone who is moving shipments via Seafreight to manage their demurrage & detention costs.

The tool allows a company concerned with escalating costs around Quay Rent and delays at the port to manage their costs effectively and plan their shipments better through automation.

There are two methods to allow you to input data. Either via EDI/API Integration which can pull shipments indirectly from the Freight Forwarders TMS or you can upload shipment data in one go. Once the data is in the system calculates and warns when demurrage is about to start and estimated costs. The system can calculate by Trade-lane, port of discharge, by the carrier, container type line or merchant haul.

You can use the calculator as an internal tool, or you can set it up so your customers can see their information.

The key benefits of CocoonDEM are to have a single source of truth when it comes to the costs, it increases transparency and stops those difficult calls when the invoice lands from the shipping line of a freight forwarder and more importantly improves data accuracy.

“Demurrage is one of those horrible unforeseen costs which every importer will face, often it’s completely out of their control. Once the invoice is received you have no choice but to pay. By having this tool available to help manage the costs is a win all around. The freight forwarder can soften the blow, or the customer can see instantly what invoices are going to land. It will save time and improve your supply chain by having this data to hand.  We’re so excited to launch this new product to the supply chain market. – this is just the start of what we can offer as a Logistics software provider” – Said James Blackman Managing Partner CocoonFMS® Ltd.

For a demonstration or more information please do go to our contact us page to arrange a demonstration.

Azyra TMS – Give full shipment visibility to your clients

What we have learned from COVID and BREXIT is that your clients need data at their fingertips. The demands for documentation as gone through the roof and your operators are constantly picking up the phone being asked where the vessel is! 

What if we can give you some breathing space! Providing a customer portal which bolts onto Azyra to your clients gives them all the information they need.

Where is my vessel? Not a problem we can track 66,000 vessels anywhere in the world.

I need a POD?  No problem we can pull the PODS or any document from the Azyra Bureau.

How much is my demurrage going to be? No problem we can work that out for you!

The advantages of CocoonFMS:

  • We have linked to Azyra already so we know how to integrate your data into our system.
  • Clients can book their own shipments
  • Estimated Demurrage Costs
  • C02 Emission Calculator
  • Greater interaction with your customers, offices, and partners
  • Effective communications
  • Streamlined workflows and automation of processes
  • Manage issues resolution easier with event and exception management
  • Document Management and visibility through CargoX Platform for Blockchain Document Transfer (BDT)
  • Automated on-demand reporting
  • Productivity improvements
  • Efficiency improvements and gains
  • Greater customer satisfaction and loyalty

If you would like to have a discussion on how we can provide your clients data at their finger tips then please do get in contact. We can provide a full demonstration.

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