Beacon is a digital supply chain and freight platform designed to simplify and optimize global logistics for businesses. By integrating end-to-end visibility, payments, and insights, Beacon empowers companies to manage their supply chains more efficiently. The platform offers door-to-door freight services across all modes of transport through a growing network of over 100 partners in more than 30 countries.
Key Features and Functionality:
- Unified Freight Tracking: Automatically collects live tracking milestones from over 150 ocean carriers, 160 airlines, and 158,000 road carriers, providing real-time updates without manual intervention.
- Custom Alerts: Notifies users of delays and key tracking milestones as they occur, enabling proactive exception management.
- Live Data Sharing: Creates shareable dashboards to connect warehouses, customers, and internal stakeholders with real-time information.
- Multiple Tracking Methods: Allows tracking by container, airway bill, license plate, purchase order, SKU, or bill of lading.
- Map View: Visualizes the exact location of ocean shipments globally.
- Custom Data Fields: Organizes shipments using custom data fields to create tailored Live Boards.
Primary Value and Solutions Provided:
Beacon addresses the inefficiencies and delays prevalent in traditional supply chains by offering a transparent and streamlined platform. By providing real-time visibility and automated tracking, it reduces the reliance on manual processes and multiple carrier portals. This enhanced visibility enables businesses to identify and mitigate risks promptly, improving customer satisfaction and reducing delay-related expenses by up to 60%. Additionally, Beacon's integrated approach combines freight services with supply chain finance solutions, helping importers manage cash flow by paying suppliers in advance and allowing customers to settle payments later.