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Showing posts from May, 2014

OHB subsidiary LuxSpace and arviem awarded new ESA contract

Betzdorf, Luxembourg, May 22, 2014 LuxSpace received an ESA development contract for the design of an innovative container tracking device. The project volume amounts to EUR 2.5 million of which 50 % is financed by ESA. In cooperation with their two sister companies OHB teledata (D) and megatel (D) and project partner arviem (CH), the innovative cargo monitoring device will offer localisation and cargo condition monitoring capabilities via a wireless sensor network, and report using satellite or ground communication systems. Apart from the technical development, the project partners will offer the cargo monitoring device within a comprehensive customer tailored real time cargo monitoring service, including analytics and operational support. "The service concept will ensure the transparency and the overall control of the cargo shipment process which conventional reporting hardly allow", as pointed out by Jochen Harms, Managing Director of LuxSpace. The project named RTICM (...

How real-time cargo monitoring could optimize the fule consumtion in Supply Chains

Fuel prices remain volatile and continue to increase. The price of fuel has a direct impact on transportation costs. Some experts have calculated that each $10 increase in the cost of barrel of oil results in a 4-cent per mile increase in transportation rates. That adds up! For an average arviem client, this would mean around 400US$ more for each and every shipment. Increased transportation costs can affect the optimal design of a supply chain. With low transportation costs, it often makes sense to pool inventory in fewer locations so you can optimize space, labor and inventory pooling. However, as transportation costs increase it is more optimal to place inventory closer to customer locations, reducing overall transportation miles. However, as a distribution professional, it can be significantly more complex to manage multiple smaller warehouses rather than a single large facility.  Another key to managing the fuel-optimized supply chain is transportation...

What's your definition of supply chain?

From time to time I'm reading through the mails I get from my LinkedIn discussion group "Supply Chain Management Group ". I stumbled over a question, which made me very curious:  What is your two word definition of supply chain? For your convenience I list some of the answers here: - absolute certainty - real-time communication - demand matching - customer satisfaction - managed predictability - risk management - optimized flow - value add - realistic commitments - etc. I tend to add two more answers from my side - realtime monitoring - arviem services Realtime cargo monitoring does not solve all these ideas 100% itself. But realtime cargo monitoring could contribute substantially. Or to quote one of our clients: This is a no-brainer! Read about the mentioned discussion on LinkedIn yourself:   LinkedIn discussion