| |
Yokogawa Electric Corporation announces that it has entered into a distribution agreement with France-based BuyCo, a provider of a software as a service (SaaS) solution for the management of the transport of shipping containers. Under this agreement, Yokogawa will offer BuyCo’s Transportation Management System (TMS) to companies primarily in the materials industry. Through such initiatives, Yokogawa will leverage its extensive expertise in supporting manufacturing operations to optimize entire supply chains.
In recent years, the materials sector has had to contend with rising complexity in global supply chains, heightened geopolitical risks, and stricter environmental regulations, especially in the chemicals industry. Rising transportation costs and the need to manage and reduce greenhouse gas emissions and respond to fluctuations in demand have become key management concerns. However, in many cases, companies in these industries have not taken an integrated approach to optimize their production and logistics operations. This, combined with the need to comply with regulations on hazardous materials and handle diverse cargo types, has made it difficult to manage entire supply chains in an integrated and holistic fashion.
While Yokogawa has focused on supporting the automation and optimization of operations at individual plants in the process industries, the company is expanding the scope of its support through consulting services and digital solutions that address challenges across end-to-end supply chains connecting multiple facilities. This agreement with BuyCo represents a major step in that direction, focused on container transport management.
In developing its container transport management platform, BuyCo makes use of its extensive experience in the maritime industry. This SaaS solution enables the centralized management of container transport data, supports shipment planning and booking, visualizes shipping operations in real time, and facilitates information sharing among stakeholders. Based on cargo data, it assists in selecting shipping lines and transport routes and allows real-time door-to-door tracking.
By adopting this platform, companies can reduce logistics costs and inventory levels while improving their on-time delivery performance. It also helps mitigate the risk of cargo quality deterioration and contributes to the visualization and reduction of the emissions of CO₂. Currently, over 12,000 users around the world rely on this platform.
Carl Lauron, the founder and CEO of BuyCo, commented,“We are delighted to augment the Yokogawa offering, enabling them to close the gap between production and logistics. With BuyCo's container shipping platform, manufacturers can optimize their entire supply chain, including the international transportation aspects. The partnership between Yokogawa and BuyCo enables manufacturers to impact transportation costs, effectiveness and sustainability.”
Naohisa Endo, a Yokogawa executive officer and head of the company’s Materials Business Headquarters, stated,“By leveraging BuyCo’s container transport management platform, we will strengthen initiatives to optimize supply chains for the materials industry. Building on our strengths in measuring and connecting, we aim to achieve integrated optimization spanning everything from our customers’ production operations to international logistics. Looking ahead, we intend to evolve this into a comprehensive supply chain management solution that integrates demand forecasting, inventory optimization, and more.”
About BuyCo
BuyCo (buyco.co) develops a digital Container Shipping TMS. Designed for exporters and importers managing their international transport in large volumes of containers, the SaaS platform connects ocean carriers, freight forwarders and all other shipment participants in a single place. By connecting stakeholders, automating day-to-day shipping tasks, and increasing visibility, BuyCo transforms container shipping to be more efficient, transparent, and profitable. For more information, visit /
About Yokogawa
Yokogawa (yokogawa.com) provides advanced solutions in the areas of measurement, control, and information to customers across a broad range of industries, including energy, chemicals, materials, pharmaceuticals, and food. Yokogawa addresses customer issues regarding the optimization of production, assets, and the supply chain with the effective application of digital technologies, enabling the transition to autonomous operations.
Founded in Tokyo in 1915, Yokogawa continues to work toward a sustainable society through its 18,000+ employees in a global network of 136 companies spanning 63 countries.
The names of corporations, organizations, products, services and logos herein are either registered trademarks or trademarks of Yokogawa Electric Corporation, BuyCo, or their respective holders.
|
press[.]yokogawa.com 
