New York Shipping Exchange
New York Shipping Exchange provides software to improve ocean supply chain performance with tools for predictive insights, real-time data, and operational collaboration.
Services
New York Shipping Exchange provides software designed to improve ocean supply chain performance. It offers a suite of products, including Dynamic Plan, At-Risk Alerts, Exceptions Hub, and Ocean Analytics, which enable proactive performance management through predictive insights and real-time data. The company also provides a real-time dashboard for active risk management and on-demand data and metrics for continuous improvement.
Products
The product suite from New York Shipping Exchange includes Dynamic Plan, At-Risk Alerts, Exceptions Hub, and Ocean Analytics. These tools are designed to facilitate operational collaboration, manage active risks, and provide predictive insights. Users can access on-demand data and metrics to continuously improve ocean logistics performance. The company aims to match plans with real-time execution, enhancing collaboration with partners.
Pricing Plans
New York Shipping Exchange offers flexible pricing plans, including Pay As You Go, Subscription, and Enterprise options. Subscription plans offer a 10% annual pre-pay discount, while Enterprise plans start at $5,000 per month and include tailored solutions and dedicated support. The onboarding process involves customizing the portal, importing data, and syncing carrier data, with the aim to get users operational in less than a month without requiring IT resources.
Company Vision and Mission
The vision of New York Shipping Exchange is to become the digital and financial infrastructure for all modes of shipping. The company seeks to unite shippers, carriers, and NVOCCs with a reliable and trusted system for global commerce. By hosting the annual Ocean Strategy Forum (OSF), they provide a platform for executives to discuss strategies for the upcoming contracting season.
Funding and Investments
New York Shipping Exchange has raised a total funding of $69 million. This includes $25 million from a Series B funding round aimed at improving the reliability and efficiency of global shipping. The funding supports their goal to enhance their software and operational capabilities, offering more reliable services to users in the ocean logistics sector.
Additional Resources
New York Shipping Exchange offers a podcast called 'Supply Chain Secrets' that explores strategic relationships in logistics. This resource aims to provide valuable insights and information to users, helping them understand and navigate the complexities of the supply chain. The company combines user data with direct-sourced carrier data to provide a comprehensive shared system of record.