Yesterday four European Finished Vehicle Logistics (“FVL”) companies formed a supply chain blockchain consortium called
Vinturas. The companies are Axess Logistics (Sweden), Koopman Logistics (Netherlands), NVD (Ireland) and Autolink (Norway). Several of the organizations deliver cars to dealers in multiple countries. The solution will allow dealers to trace cars that are en route but also enable efficiency and cost savings.
Currently, it’s hard for dealers to know where vehicles are located in the supply chain. Vinturas cites multiple legacy systems and a lack of investment “for decades”. Often three or four logistics providers using paper-based systems are involved in a car’s journey from factory to dealer. Logistics data is then communicated to manufacturers and fleet owners via EDI with some delay, and it’s “scattered and incomplete”.
Reading between the lines, some manufacturers are also looking at supply chain blockchains, and this consortium may discourage a proliferation of blockchains for finished car deliveries with which the logistics companies might have to integrate.
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