CMA CGM recognized for superior data quality by leading industry organization
Author: AJOT | Jun 25 2013 at 08:00 PM | Category: Liner Shipping
The Shipper Council - an industry group comprised of large importers and exporters focused on driving improved partner relations, data quality and business processes - announced today it has awarded CMA CGM, the world’s third largest container shipping group, a superior performance award. The Council recognized CMA CGM for providing the best overall data quality to the network of companies that are operating their supply chains on the GT Nexus cloud platform. Council members handle over 5 million TEUs of freight volume collectively and have combined annual revenues of $1.2 trillion.
Due to the scope of the network involved, a core aspect of the Shipper Council is to work collectively as a unified group to improve the way businesses on the network collaborate and transact with common partners. With Shipper Council members all sharing a common cloud technology platform to run their global supply chains, they can measure and benchmark against the collective industry performance. Improvements by any single member benefit the entire community. The work of the group has moved the industry average data quality score above 95% across the top 20 ocean carriers representing over 90% of global capacity.