As global logistics undergoes rapid transformation, businesses worldwide are increasingly focused on improving efficiency and reducing costs. Addressing these critical needs, COSCO SHIPPING Holdings (COSCO) made a significant announcement at the 2024 Global Supply Chain Partners Conference, launching three groundbreaking digital supply chain products and two industry-specific solutions that demonstrate its leadership and innovation capabilities in the sector.
Three Innovative Digital Products Redefining Supply Chain Management
The newly introduced products— "Flexi-Combo" , "Sea-Rail Connect" , and "Global Ease" —reflect COSCO's extensive digital transformation expertise and commitment to customer-centric solutions.
1. Flexi-Combo: Customer-Driven Service Customization
Breaking from traditional "pre-packaged" offerings, Flexi-Combo represents an innovative approach to shipping services by empowering customers to customize their supply chain solutions. This revolutionary product gives clients complete control to select and combine services according to their specific requirements, enhancing engagement while embodying COSCO's customer-first philosophy.
2. Sea-Rail Connect: Seamless Multimodal Transportation
The Sea-Rail Connect product integrates multiple transportation modes, creating seamless connections between river, sea, road, and rail networks. The solution offers three standout features:
- "Guaranteed Transit" compensation for delayed shipments
- "Schedule Assurance" for fixed rail services
- "Container Ready" flexible dispatch options
Initially launched on the Hefei-Shanghai route, Sea-Rail Connect has expanded internationally to include Piraeus-Europe and Valencia routes, with plans for further global expansion.
3. Global Ease: End-to-End International Logistics
Taking a truly global perspective, Global Ease reimagines cross-border logistics with a comprehensive "Export Haulage + Customs + Ocean Shipping + X" service model. This one-stop solution provides customers with complete logistics coordination from order placement through final delivery, supported by real-time tracking capabilities that simplify international shipping.
Industry-Specific Solutions for Emerging Markets
Complementing its product innovations, COSCO introduced two specialized solutions targeting high-growth sectors:
- Automotive Export Solution : Tailored services for vehicle manufacturers expanding globally
- E-Commerce Logistics Solution : Optimized supply chains for cross-border online retailers
These solutions incorporate the latest market trends and technological advancements, strengthening COSCO's competitive position in these dynamic industries.
Commitment to Digital and Sustainable Supply Chains
COSCO emphasized that these launches reflect its dedication to "Digital Intelligence & Green" values and its ongoing commitment to open, collaborative partnerships. The company believes these innovations will drive continuous improvement across global supply chains while creating shared value for all stakeholders.
Looking ahead, COSCO plans to maintain its core focus on container shipping while developing a comprehensive global digital supply chain platform. The company will prioritize three key areas:
- Supply chain ecosystem innovation
- Smart connectivity solutions
- Sustainable, low-carbon development
Through these initiatives, COSCO aims to establish itself as a world-class shipping technology enterprise, delivering end-to-end digital supply chain services while fostering collaborative innovation through its global "Win-Win Chain" partnership network.
