Piraeus, Greece (PortSEurope) August 18, 2020 – In order to increase its share of the vehicle handling market, the Piraeus Port Authority (PPA) will invest in end-to-end digitization and optimization, awarding a project to the optimization specialist INFORM Software to improve the efficiency and transparency of vehicle handling at the port’s car terminal. PPA is implementing an intelligent IT system from INFORM Vehicle Logistics designed
to enable end-to-end transparency of all processes in the supply chain. Customers, suppliers, 3PL and customs authorities will be able to track, via a web portal, where and when a car has been delivered. In addition, the algorithms of this system are capable of optimizing the operational processes in the compounds through real-time decisions and advanced planning. Consequently, this system gives PPA the advantage of improving its offered services and the flexibility of planning new business processes. The current car terminal covers over 145,000 m² with a capacity of over 600,000 movements per year, and PPA will seek to increase this number. “Digital decision making for us means both making automated optimized decisions as well as helping our customers’ management to make operational and tactical decisions more easily by providing reliable real-time data,” says Hartmut Haubrich, Director Vehicle Logistics Systems at INFORM. “In the case of PPA, for example, we will automatically generate work orders and optimize the work orders in real-time to ensure that operations are smooth and target dates are met efficiently. In this way, we will increase the service capacity of the terminal, but also the availability and intelligent allocation of storage spaces.” PPA BoD Chairman Yu Zenggang commented, “Under this new cooperation, PPA targets to increase its car terminal’s efficiency and competitiveness. We believe that the vehicle logistics system of INFORM can guarantee the successful digital transformation of the terminal”. PPA’s Chinese owners have invested huge sums in the port, increasing its container capacity and has plans to add further cruises facilities. Investment in vehicle handling will concern ports such as Koper in Slovenia, which is investing its auto capacity but might not have the investment capacity of PPA’s parent company. Piraeus Port Authority is operated by China’s COSCO Shipping Ports Limited. Germany’s INFORM Software produces technology which integrates Operations Research and Artificial Intelligence, including Fuzzy Logic and Machine Learning. Copyright (C) PortSEurope. All Rights Reserved. 2020.