Shipping
Orion Reederei GmbH
With over 90 years in the shipping industry, Orion Reederei has embraced digital transformation to modernize its operations. By implementing Solitwork’s AFC Data & Analytics platform, Orion has automated and optimized their quarterly reporting processes, significantly reducing manual workload and improving data accuracy. This shift has enabled real-time reporting, enhanced business insights, and laid the groundwork for future digital advancements across key areas like crewing, quality management, and finance.
Orion Reederei has been present in the shipping industry for more than 90 years. Today, Orion remains one of the world’s top managers of bulk carriers employing more than 1400 seafarers on board their fleet of nearly 50 vessels.
Problem
With the emerging digital transformation consuming the German market, Orion was searching for a business solution, from which they could automate and optimize their existing manual reporting process- es. In this search, Solitwork’s AFC Data & Analytics platform has been selected to solve this task.
Every quarter the Orion finance team is submitting detailed reports to the ship- owners on the operational and financial performance of their vessels. A quite time consuming and exhausting exercise requiring significant manpower as all processes are manual and with data coming from multiple sources/systems.
Solution
With AFC Data & Analytics, Orion has managed to automate, optimize, and digitalize the quarterly performance reporting to the shipowners with direct data loads from their ERP legacy systems to the reports, meaning that the quarterly reports including vessel chartering and operation, operational expenses (OPEX), crewing and general vessel management went from extensive manual labor to real-time updated automated reports enriched with various pre-defined business logic. This automated optimization now allows the team from Orion to focus on what really matters, namely the analysis and business optimization rather than data management.
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