Skip to main content

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 (Real Time Intelligent Cargo Monitoring) belongs to
ESA's ARTES 20 Integrated Application Program. Primary markets for the
innovative cargo monitoring concept are high value container shipments. In
a 6 month pre-operational demonstration phase, the service concept will be
validated in close cooperation with a number of key clients.

Comments

Popular posts from this blog

Networked Supply Chains Require Better Visibility

As manufactures and retailers increasingly depend on extended rosters of sourcing companies, the resulting networked supply chain requires improved visibility. Importers are using multiple sourcing vendors to improve their ability to respond to market demand and opportunities. With this increased sourcing agility comes the increased risk of delivery failure due to a supply chain disruption and, concurrently, the increased importance of visibility into each step of the supply chain. The ability to in real time identify the location and status of the sourced goods gives the importer the ability to fine tune its distribution channels, its inventory management and its ability to fulfill commitments to its end users. The ability to real time monitor the status of goods requires a combination of container based technology, back-end business applications and an extended network of logistics fulfillment partners. In response to this emerging demand, many companies are offering RFID, GSM and si...

Embracing Chaos: The Key to Antifragile Global Supply Chains

  Introduction In the intricate dance of our global economy, supply chains serve as the connective tissue between producers and consumers. Yet, these sprawling networks are far from simple. In an unexpected twist, injecting a dose of controlled chaos into supply chains can enhance its efficiency. Resilience vs. Antifragility: A Paradigm Shift Resilience is the ability to rebound from adversity. On the other hand, antifragility is a concept that transcends mere survival; it's about thriving in the face of chaos, learning, and evolving through experience. In simpler terms, resilience is about weathering storms, while antifragility is about harnessing those storms to become more robust and adaptable. It's the ability to survive unpredictability and flourish because of it. Crafting an Antifragile Supply Chain So, how do you make a supply chain antifragile? The answer is deceptively straightforward: introduce calculated chaos. Deliberately subjecting the supply chain to controlled s...

Supply Chain Digitalization: Enhancing Efficiency, Reducing Costs, and Boosting Margins

  Introduction Supply chain digitalization is a pivotal element of modern supply chain management, driving improvements in inventory management, operational efficiency, and asset utilization. This article delves into how supply chain digitalization accomplishes these objectives and the broader benefits it brings to businesses. Improving Inventory Management Supply chain digitalization plays a crucial role in elevating inventory management. It achieves this through: Enhanced Inventory Accuracy: By using and leveraging real-time data and advanced tracking systems, supply chain digitalization minimizes discrepancies and inaccuracies in inventory records, ensuring a more precise account of stock levels. Reduced Inventory Costs: By optimizing demand forecasting and streamlining procurement processes, digitalization minimizes the need for excessive safety stock, thus cutting inventory carrying costs. Improved Inventory Turnover: Rapid access to accurate inventory data allows for better...