Hecny Group is a leading ocean transportation intermediary, air freight consolidator, and CTPAT-certified customs broker with branches and warehouses worldwide. Hecny is a privately held, family-owned company that has been implementing and maintaining supply chain solutions for over 70 years.
As an innovator, Hecny already implemented TMS, which is used by its branches across the globe. As a leading NVOCC, the Company was facing several challenges. Hecny Group was looking for a solution to overcome the cumbersome paper-based B/L process and also for a way to launch its ESG initiative. Its B/L process had all the issues inherent to traditional paper-based documentation, such as:
Since Hecny already had its TMS, it was looking for a secure eBL solution that would allow for seamless connectivity. The Group chose WaveBL's cutting-edge electronic Bills of Lading (eBL) platform for the following reasons.
Enhanced Efficiency. The transition to eBLs significantly improved operational efficiency by 33% since the number of steps (e.g., the physical handling of a B/L by an employee) was dramatically decreased.
Time Savings. Compared to the time it takes for a paper-based BL from issue to surrender, an eBL only takes a fraction of that time. To illustrate, it took some eBLs only minutes to get from China to the US, which would take at least 5 days before.
Sustainable Impact. With WaveBL’s eBLs, Hecny Group could also commit to sustainability. The reduced paper usage contributed to the Company’s eco-conscious business practices.
“Using WaveBL, we had a remarkable 33% surge in efficiency! Every eBL notification is in our system, and everything is quick, clear, and easy. The secure, blockchain-based eBL solution allows us to avoid port penalties due to late cargo releases, which was a huge problem with paper-based Bills of Lading. Since WaveBL has excellent API connectivity, our employees and partners worldwide do not need to learn and handle an additional, separate platform.”