Honda taps BuyCo and FourKites to advance supply chain efficiency

Honda’s Motorcycle and Power Products Operations division has taken a significant step in optimizing their global supply chain by partnering with BuyCo and FourKites. This strategic alliance aims to streamline Honda’s container shipping operations through advanced technological solutions, marking a pivotal development in enhancing global logistics efficiency.

By integrating BuyCo’s ocean carrier network, Honda now benefits from enhanced access to shipping schedules, enabling the selection of optimal shipping options based on various criteria, including CO2 emissions, cost, estimated time of arrival (ETA), and allocations. This integration allows direct booking from the platform, significantly reducing the time Honda employees spend on booking processes. Moreover, BuyCo’s provision of robust key performance indicators helps Honda to refine operational processes, optimize inventory management, and minimize costs.

In conjunction with BuyCo’s tools, FourKites offers Honda an exceptional container tracking and visibility solution, incorporating real-time Automatic Identification System (AIS) data, terminal insights, and integration with dray carriers. This comprehensive visibility across land and ocean transportation allows Honda to effectively monitor its containers and swiftly respond to any logistical disruptions.

Mathew Elenjickal, founder and CEO of FourKites, highlighted the growing necessity for sophisticated shipment tracking: “The importance of international shipment visibility continues to increase across our customer base, especially with ongoing disruptions such as port strikes, global conflict, and climate-related changes. Our partnership with BuyCo helps customers improve the management of ocean shipping and react quickly to drive agility and adapt to such disruptions. We are honored to have been selected by Honda to achieve its digitization objectives.”

Carl Lauron, CEO of BuyCo, expressed enthusiasm about the collaboration: “We are thrilled to partner with FourKites and extend our unwavering support to Honda, delivering an efficient supply chain solution, all while supporting their carbon reduction goals.”

This partnership is a testament to Honda’s proactive approach to enhancing operational efficiencies and sustainability within its global logistics operations. By adopting cutting-edge technologies from BuyCo and FourKites, Honda not only streamlines its logistics processes but also reinforces its commitment to sustainability and innovation.