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P&O Maritime Logistics and Nigerian firm IO Materials Services (IOMS) have announced the launch of the new ‘FlexDELIVERY’ model to provide integrated last-mile delivery services to the offshore energy industry in Nigeria
FlexDELIVERY disrupts the traditional model of high shore base startup costs, rentals and vessel time-chartered contracts by focusing on the service that is required by the energy industry – cargo delivery. FlexDELIVERY has marked new grounds with a freight rate model targeted at the offshore energy industry which traditionally worked on an asset and facility model.
This service proves to reduce delivery times, enhance visibility and predictability which will re-invent procurement strategies, inventory management tactics and the energy supply chain as a whole. This industry first model will drive down operating costs and capital expenditures for the energy producers by driving out structural oversupply in the energy industry which will be a welcoming shift.
By injecting a tech-led solution, FlexDELIVERY enhances visibility throughout the last mile delivery which has been a bottleneck for some time. Harnessing BigData and AI technology, it provides predictability with a real time view on cargo movement and delivery dates all controlled through an online booking platform. The platform reinforces the integrity of the energy supply chain, providing energy producers with peace of mind to focus on their core business being extraction of energy.
The new offering, is an expansion of P&O Maritime Logistics’ disruptive innovation ‘Supply on Demand’ to integrate shore base and quayside operations to deliver a comprehensive logistics solution, strategically named FlexDELIVERY for the Nigerian market.
On average, FlexDELIVERY reduces costs by 20-30% per good transported, has 20-30% lower fuel consumption and 40 -50% less distance travelled compared to traditional time-charter supply contracts.
Martin Helweg, CEO at P&O Maritime Logistics, said, "Following the success of our Supply on Demand service, we saw a gap in the Nigerian market, spotting that the country’s offshore supply market was ripe for the revolutionary FlexDELIVERY system that brings efficiency and value to our customers.”
“With the continued expansion of our innovative service in partnership with IOMS, we’re bringing a step change to the offshore supply industry and aligning our service to be in sync with our customers’ needs: reduced delivery times, visibility and predictability.”