Managing risk and compliance of uninterrupted cargo flows, requires timely and comprehensive analysis
To control risk and remain compliant with safety, health and environmental regulations, it is important to screen and monitor consignors, consignees and waybills.
The due diligence required to validate cargo risk and compliance, includes correlation of the stakeholders’ background with the goods described on the waybill.
The Pandora Intelligence ENGINGE provides the analytical power to produce comprehensive insights of people and organizations, their involvement and relation with specific activities, goods or people, and their vulnearbilities. The Pandora Intelligence ENGINE correlates data from many datasources and creates relevant intelligence. This empowers your organization to assess risk related to cargo, and increases the effficiency of your analysts.
Freight carriers, forwarders and custom agencies trust Pandora Intelligence to prevent transportation of unauthorized or dangerous cargo.
After receiving a request for shipment from an unregistered consignor, the carrier started the mandatory assessment to validate the legality of the shipment request. After the cargo was exported from its country of origin, it didn’t get customs clearance in the country of transit as the mechanical parts included in the shipment couldn’t clearly be related to any vehicle. After spending several days collecting relevant information, analysts discovered that the mechanical parts were related to military vehicles. Because the consignor had no transit license and because the country of destination was embargoed for such goods, the cargo was halted in the country of transit and took up space in the storage terminal of the carrier until the situation was solved.
To guarantee a swift and risk-free cargo management, information from a large number of datasources is analyzed to assess whether consignor and consignee, and their respective activities, stakeholders or countries, are subject to sanctions or embargo, or that their respective countries are under specific embargoes. The waybill is automatically included in the analysis to assess whether the cargo can be linked to military, illegal or dangerous goods. Based of the automatic analysis, the analyst can efficiently make decisions and legally substantiate those decisions with an audit trail.