PRESS RELEASE - Leek (Netherlands), October 15 2019.
GROUPE CAT JOINS VINTURAS PLATFORM
Consortium now involved in more than 12 million vehicle movements per year in Europe.
Leek (Netherlands), October 15 - Vinturas, a consortium of leading automotive logistics service providers in Europe, has the logistics Groupe CAT join its consortium. With the accession of Groupe CAT, Vinturas will be involved in more than 25% of all supply chain vehicle movements in Europe, which ranks it as the leading platform in the industry.
Vinturas, established at the beginning of 2019, has taken an important step in the development of its network and services with the addition of Groupe CAT. The consortium, through its members, now covers all key markets in Europe and its digital platform will manage more than 12 million vehicle movements per year.
Supply chain visibility
Thanks to Groupe CAT’s strong position in the market, Vinturas will lead the standardization of digital processes, in an industry still largely paper based. Standardization will result in significant process improvement for customers of the Vinturas platform. Additionally, it will lead to more transparency in an improved customer journey, as Vinturas provides end-to-end track and trace functionality for every new vehicle leaving the manufacturing location on its way to the dealer. Groupe CAT, established more than 60 years ago, operates in 27 countries and employs 9.000 people.
Vinturas CEO Jon Kuiper: “With Groupe CAT now joining the consortium, Vinturas has become the leading digital platform in our industry. The digitalization of the Finished Vehicle Supply Chain will give our customers, from OEM to dealer, finally the insights and value creation the industry has been waiting for.”
Vinturas blockchain based platform
Vinturas has developed a blockchain based platform providing digital services to OEM’s, Fleet-owners and dealers. The platform is currently tested with major customers and will go to production early 2020.
More information can be found on Vinturas.com
End of press release
PRESS RELEASE - Leek (Netherlands), May 14 2019.
VINTURAS PROVIDES AUTOMOTIVE END-TO-END SUPPLY CHAIN VISIBILITY
New consortium uses IBM blockchain technology to deliver sustainable value
Leek (Netherlands), May 14 2019- Vinturas, a consortium of leading Automotive logistics service providers in Europe, today announced that it will operate a digital, blockchain based platform, to provide end-to-end visibility in the supply chain of finished vehicles.
Today’s automotive logistics infrastructure is characterized by scattered information flows and multiple legacy systems, making it impossible to trace vehicles on their way to the dealer. (Mileage) fraud is a growing concern in cross-border processes in Europe. Vinturas will digitalize all aspects of the supply chain, from factory to dealer, and will also cover the logistics process for used vehicles in Europe, all designed to lead to more transparency, to greater efficiency, to an improved customer journey and to lower costs.
Improve customer journey
Creating visibility in the supply chain can help dealers to inform their customers about the location and the estimated time of arrival of new vehicles and thus considerably improve the ‘customer journey’ for their customers. The Vinturas platform will allow OEM’s and fleet owners to manage their European flows on a near-real time basis, improving planning, optimizing inventories and networks and saving costs. Vinturas will contribute to a more efficient, sustainable supply chain infrastructure in Europe.
Behind the initiative are four ‘founding members’, all respected logistics service providers for the Industry. Axess Logistics, NVD, Koopman Logistics Group and Autolink Group ensure that the services of Vinturas can be delivered in a large number of European countries from the launch of the platform in September 2019.
EML, a large sea-carrier in Europe will also contribute to the platform to provide visibility for the sea-bound part of the automotive supply chain.
Vinturas is supported by strong partnerships. IBM as technology partner will provide the expertise to build the Vinturas platform. Grant Thornton, with its auditing, legal, advisory and blockchain expertise, will be a partner of Vinturas.
The CEO of Vinturas is Jon Kuiper. Kuiper formerly CEO of Koopman Logistics Group brings a wealth of senior executive experience in supply chain management from various global corporations. Jon Kuiper: “Vinturas aims to be the leading platform in Finished Vehicle Logistics. We strongly believe in the power of collaboration. The launch of Vinturas with four well-known logistics service providers and our choice of IBM as technology partner shows our long-term commitment to delivering sustainable value”.
Vinturas is an open eco-system and thus accessible to all players in the field of Finished Vehicle Logistics. Therefore software companies, logistic service providers and other application providers are also invited to work with Vinturas. The key benefit of working together is the ability to share data in a secure distributed blockchain infrastructure. Kuiper: “We do believe the future of our industry is in collaborating and democratic data-sharing. By working together, we can unlock significant value for all players in our industry”. IBM provides Vinturas proven blockchain technology, ensuring secured data-sharing, immutable records and creation of a full digital record of a vehicle’s lifecycle in the supply chain.
Vinturas is expected to be live in September 2019, first demonstrations of the platform are planned for July this year. More information can be found on Vinturas.com
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