Maritime and Logistics News
  • Maritime & Ocean News
    • Container Shipping News
    • Dry Bulk Shipping News
    • Breakbulk Shipping News
    • Chemical Shipping News
    • Crude Oil Shipping News
    • Cruise Shipping News
    • Fishing News
    • Freight Forwarders News
    • LNG & LPG Shipping News
    • Multimodal Transport News
    • Railway News
    • Straits News
    • Trucking News
  • Global Ports News
    • Port Accidents News
    • Port Congestion News
    • Port Infrastructure News
    • Port Strike News
    • Schedules News
  • Air Cargo News
    • Air Cargo Carriers News
    • Air Freight Forwarder News
    • Airports News
  • Logistics News
    • Supply Chain News
    • Warehousing News
    • Cold Storage News
    • Logistics Parks News
  • Vessels News
    • Bunkering News
    • Incidents News
    • Offshore News
    • Pilotage News
    • Piracy News
    • Services News
    • Ship Breaking News
    • Shipbuilding News
  • Tech. & Sustainability News
    • Green Logistics News
    • Responsibility Projects News
    • Useful Maritime Associations News
  • English
    • English
    • Deutsch
Friday, October 10, 2025
Advertisement
No Result
View All Result
No Result
View All Result
No Result
View All Result
Home Freight Forwarders News

Q&A: Can the industry loosen up its data bottlenecks?

April 3, 2025
in Freight Forwarders News, Logistics News, Logistics Parks News, Maritime & Ocean News, Multimodal Transport News, Supply Chain News, Tech. & Sustainability News
Q&A: Can the industry loosen up its data bottlenecks?
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

The logistics industry is undergoing its own data revolution, yet many companies still struggle to make data-driven decisions due to outdated processes and institutional bottlenecks. Despite investing in new systems, logistics providers and global agencies often find themselves stuck in manual workflows that hinder them from pulling the true potential from their data.

Ventagium was founded to bridge these technology gaps after its founders saw large nongovernmental organizations struggle to make data-driven decisions. FreightWaves sat down with Ventagium’s founder, Arturo Torres Arpi, to explore barriers preventing companies from embracing data-driven strategies and solutions that can drive operational excellence.

FREIGHTWAVES: You launched Ventagium after seeing significant technology gaps in worldwide agencies’ and logistics providers’ operations. What were these groups missing that stalled them from making data-driven decisions?

TORRES ARPI: We noticed a number of trends.

The first is, the amount of manual work and data sharing through Excel sheets was limiting everyone in these organizations from being able to truly analyze their data.

Although they may have an enterprise resource planning system or a transportation management system, workers always end up in Excel sheets.

A lot of our work goes into helping these companies find ways to gather all of their information or data in a structured way so that it makes sense for predictive tools. It’s a massive hurdle that affects every organization. We have noticed that the larger the organization, the bigger hurdle it can be to tap into all the data feeds that you need to make accurate decisions.

FREIGHTWAVES: We hear that quite frequently at FreightWaves. Where do you think those data problems stem from?

TORRES ARPI: It comes from the natural institutional bottlenecks within these organizations, including their IT departments, on sharing information throughout the organization.

It makes sense because you have to have data governance and security, but the key to overcoming these challenges is setting up the right processes for data governance at the beginning of your technology evolution so you can move fast throughout the rest of the journey.

We encourage everyone to start off with an analytics workshop where you sit down with IT departments to come up with architecture that they are happy with, and we also sit down with all the business leaders to come up with a road map of potential data-related projects they are looking to implement. This lets you iterate different projects using an already approved architecture.

From there, focus on the data integration, then the data architecture side and third, the information architecture so once you get going on your road map, your CEO has dashboards and tools that work and make sense to them.

Having that full picture can be helpful. For example, over 2024 we were able to integrate one of our U.S. customer’s delivery data across all 50 states and all of their delivery partners to gain a complete understanding of how all their deliveries were being done. With that viewpoint, we were able to help them reduce $1 million of cancellation fees. While that is helpful, we also are now able to see deliveries starting to grow slower across all 50 states, avoiding those costs in the future.

FREIGHTWAVES: Where does third-party data come into play with a company’s analytics journey?

TORRES ARPI: It’s necessary to get a complete picture of how your end-to-end supply chain looks, and that’s how you can start detecting if things are not going as they should.

For example, if we are forecasting demand for a company that sells ice cream, tapping into weather data to enrich your forecast would be an obvious choice.

Other use cases that we have seen are in the procurement department. In order to source properly, they need to know how commodities are going to be priced in the future. They benefit from having those third-party commodity forecasting tools so that their finance departments can budget for price increases or decreases.

FREIGHTWAVES: How can we measure the ROI of data-driven technology investments?

TORRES ARPI: We suggest looking at these outcomes in a few different ways.

Number one is usage; that is our main focus. You have to have a good UX or UI department to make sure that the entire user journey is captured.

You should also measure the metrics that you want to improve with this investment. We call those metric impacts. As you start a project, list all of the potential metrics that you can impact and start tracking them across time.

The third one is the hours automated from having people go from Excel sheets to automated processes. We look at that as a cost savings.

Finally, we look at the revenue you can generate. This can be done through things like cost cancellations like we mentioned before or revenue that is indirectly generated from just improving your supply chain.

FREIGHTWAVES: Your company partners with Microsoft’s Analytics program. What is Microsoft doing to help companies grow their analytics capabilities?

TORRES ARPI: When it comes to analytic platforms, Microsoft is setting up its customers with a full stack solution. It has data engineering, data integration, data visualization, data science and real-time intelligence tools all within the Microsoft ecosystem. It’s part of their Microsoft Fabric offering that puts all of these tools under one single roof. It’s a massive geek playground.


Articles by Grace Sharkey

Transfix launches RFP tool, teases upcoming gen AI release

Freight brokers: What your role will look like tomorrow

Intangles maps physics of truck components for predictive maintenance

The post Q&A: Can the industry loosen up its data bottlenecks? appeared first on FreightWaves.

Tags: AndDataThatTheYou

Related Posts

Rhenus expands in Italy with new logistics hub near Rome
Container Shipping News

Rhenus expands in Italy with new logistics hub near Rome

October 10, 2025
China retaliates with new fees on U.S. shipping
Freight Forwarders News

China retaliates with new fees on U.S. shipping

October 10, 2025
OOCL reports 25.9% revenue drop in Q3 2025
Container Shipping News

OOCL reports 25.9% revenue drop in Q3 2025

October 10, 2025
Mexico’s tariff on Chinese imports rattles cross-border e-commerce
Supply Chain News

Mexico’s tariff on Chinese imports rattles cross-border e-commerce

October 10, 2025
Shippers gain leverage for 2026 ocean freight contracts
Container Shipping News

Shippers gain leverage for 2026 ocean freight contracts

October 10, 2025
DP World’s new global headquarters rises at expo city
Container Shipping News

DP World’s new global headquarters rises at expo city

October 10, 2025
  • Trending
  • Comments
  • Latest
Trump to name Fox TV host Sean Duffy to head DOT

Trump to name Fox TV host Sean Duffy to head DOT

November 19, 2024
FedEx sends specialists to streamline European operations

FedEx sends specialists to streamline European operations

August 21, 2025
Vintage VLCC prices firm up

Vintage VLCC prices firm up

February 25, 2025
At RailTrends, CPKC and UP CEOs talk about higher levels of rail service

At RailTrends, CPKC and UP CEOs talk about higher levels of rail service

November 18, 2024
PUMA Chooses Maersk Warehouse,

PUMA Chooses Maersk Warehouse

0
Cape Rates Soar to $40,000 Per Day, Surging Twofold Within One Week

Cape Rates Soar to $40,000 Per Day, Surging Twofold Within One Week

0
Allelys Successfully Navigates Challenges in Transporting Cargo to Rothienorman Substation

Allelys Successfully Navigates Challenges in Transporting Cargo to Rothienorman Substation

0
Hanwha Ocean secures a contract for an ultra-large ammonia carrier

Hanwha Ocean secures a contract for an ultra-large ammonia carrier

0
Rhenus expands in Italy with new logistics hub near Rome

Rhenus expands in Italy with new logistics hub near Rome

October 10, 2025
China retaliates with new fees on U.S. shipping

China retaliates with new fees on U.S. shipping

October 10, 2025
OOCL reports 25.9% revenue drop in Q3 2025

OOCL reports 25.9% revenue drop in Q3 2025

October 10, 2025
Mexico’s tariff on Chinese imports rattles cross-border e-commerce

Mexico’s tariff on Chinese imports rattles cross-border e-commerce

October 10, 2025

Recent News

Rhenus expands in Italy with new logistics hub near Rome

Rhenus expands in Italy with new logistics hub near Rome

October 10, 2025
China retaliates with new fees on U.S. shipping

China retaliates with new fees on U.S. shipping

October 10, 2025
OOCL reports 25.9% revenue drop in Q3 2025

OOCL reports 25.9% revenue drop in Q3 2025

October 10, 2025
Mexico’s tariff on Chinese imports rattles cross-border e-commerce

Mexico’s tariff on Chinese imports rattles cross-border e-commerce

October 10, 2025

Stay ahead in the dynamic world of maritime and logistics with our comprehensive news coverage. Explore the latest industry trends, breaking news, and insightful analyses. Your gateway to informed decision-making in shipping, trade, and logistics awaits.

Follow Us

Our Partners

shipstrack.com
E-tracking
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2020-2024 SeasNews - Shipping News & Magazine.

No Result
View All Result

© 2020-2024 SeasNews - Shipping News & Magazine.