Cargolux, Panalpina win the first stage of Cargo iQ’s first data quality challenge
They worked together to significantly improve data quality and performance at Luxembourg Airport and jointly were able improve the quality rating at the hub from 69 to 94 percent in just six months, beating the target that they set for themselves by nine percentage points.
14 Cargo iQ members in total took part in the group’s first data quality challenge of this sort.
As Panalpina’s Marie Seco-Koppen, corporate Air Freight systems and processes integration manager explains: “Better data quality results in a better air freight product, for example in terms of shorter transit times.”
“When air cargo is moved from A to B, it passes approximately 20 milestones, as defined by Cargo iQ.”
Cargo iQ is an IATA interest group, whose mission it is to create and implement quality standards for the worldwide air cargo industry.
Ultimately, Cargo iQ’s activities help reduce costs and improve the commercial value of air freight, thereby contributing to a sustainably profitable industry.
“The strategy has been laid out to enable the seamless connectivity of different IT systems, provide industry tools for controlling shipments and processes, support automation, capture shipment data and improve data quality, completeness and real-time availability. We want to build a platform where we can analyze, control and – through continuous learning – improve air cargo shipments,” says Seco-Koppen.
In 2018, Panalpina has defined and worked on over 30 Cargo iQ improvement projects with airlines.