In logistics, efficiency is imperative to smooth operations. Yet, many freight forwarders still juggle piles of paperwork, manual data entry, and time-consuming processes.
But what if data could do the heavy lifting for you?
By using data to automate shipping documents, you can streamline operations, reduce errors, and save valuable time. Whether generating documents, tracking shipments, or ensuring compliance, data-driven automation transforms shipping operations from the ground up.
In this blog post, we will dive into seven practical ways you can put data to work and simplify your document management.
1. Automate Shipping Instructions from Existing Data
Automating shipping instructions eliminates manual data entry by pulling real-time booking data directly into pre-formatted templates. This reduces the need for repeated back-and-forth communication with customers and minimizes human error.
In fact, McKinsey reports that automation could unlock $15.5 billion in direct benefits by speeding up workflows and reducing errors. When instructions update automatically with each change, your team can focus on critical decision-making instead of chasing paperwork.
2. Sync Documents with Real-Time Shipment Updates
Keeping documents aligned with shifting shipment schedules can feel like chasing a moving target. Real-time syncing tools ensure that every document reflects the latest updates—whether it’s arrival times, port changes, or carrier delays—by automatically extracting data from the eBL.
By syncing updates in real-time, your entire team stays in the loop. This reduces operational disruptions and ensures your customers are always informed. It’s part of the industry-wide shift toward paperless trade, which experts predict will unlock significant savings and smoother global trade.
3. Extract Actionable Insights from Shipping Documents
Shipping documents are more than just records—they hold the key to smarter operations. AI-powered tools extract vital information like invoice amounts, container numbers, or shipment destinations, turning static documents into actionable data.
For example, your team could identify patterns, like specific ports causing frequent delays, and adjust routes proactively. This positions your business to handle unexpected challenges efficiently—giving you a competitive edge.
Instant data extraction not only accelerates workflows but also enables smarter decision-making by addressing issues before they escalate.
4. Automate Compliance Checks to Prevent Costly Errors
Manual compliance reviews are slow and prone to oversight. Automated compliance tools scan documents against current regulatory requirements, flagging errors in real time to prevent delays.
According to the DCSA, switching to automated trade processes, including eBLs, saves $6.5 billion annually.
By catching issues early, your shipments move smoothly across borders—avoiding the penalties and disruptions that come with non-compliance.
5. Optimize Payment Processes Linked to Shipment Arrivals
Faster payments mean healthier cash flow. By connecting payment processes to real-time shipment tracking data, freight forwarders can trigger invoicing and streamline cash flow as soon as cargo reaches its destination.
With WaveBL’s real-time data at your fingertips, you can reduce the bottlenecks of manual invoicing and keep your payment cycles on track. Leveraging automated payments not only supports steady cash flow but also minimizes missed payments and speeds up cargo release—helping your supply chain operate smoothly and efficiently.
6. Automatically Populate Documents Using Data from Uploaded Files
WaveBL’s platform enables freight forwarders to simplify document creation by using data from uploaded files—such as container booking confirmations, packing lists, and certificates of origin—to automatically populate essential documents.
This reduces repetitive tasks and ensures that key fields are accurate across all documents. With each data point automatically filled, your team can work faster and reduce costly data-entry errors.
7. Enable Full-Text Search and Quick Retrieval Across All Documents
Data extracted from shipping documents is fully searchable with WaveBL, allowing freight forwarders to quickly retrieve any document or data point needed across shipments.
This full-text search functionality is invaluable for compliance and audit needs, ensuring that you can access specific information in seconds rather than sifting through paper records. With all your data readily available, you’re prepared for any audit or regulatory requirement.
Success Stories: Freight Forwarders Benefiting from Automation
Leading companies are already seeing the power of WaveBL’s data automation solutions in action:
- Savino Del Bene: Real-time access to digital documents reduced errors, delays, and boosted operational visibility.
- RS Logistics: A 70% efficiency increase after moving to a single platform for managing trade documents.
- All-ways Forwarding: eBL transfers now happen in minutes, ensuring authenticated document transfers without delay.
Use Data to Automate Shipping Documents and Stay Ahead
The future of freight forwarding lies in data-driven automation. By automating shipping documents with WaveBL, you streamline your operations, reduce costs, and ensure seamless trade processes. In a world where every second saved counts, automation gives you the competitive edge you need to grow.
Ready to transform your operations? Contact WaveBL today to see how our automation solutions can revolutionize your operations.