Attached a picture of a container, which was exposed to a shock of 20G while in transport. Thanks to real-time cargo monitoring, the shipper immediately was able to assess the impact on its cargo and make decisions on - continuing the trip, and/or - reorder cargo in a new container - inspect container - claims handling - proactively inform client The real-time monitoring also allows to precisely identify - location of incident, - time, - custody, and a historical analysis on how often such incidents happen(ed), where and in whose custody. All this information allows to mitigate future risk, reduce insurance premium and capital cost.
In a world faced with the prospect of tightening supplies, higher energy costs heightened geopolitical risk, and strained transportation networks, advanced supply chain technologies will become mission-critical for many more companies. The supply chain task is not an enterprise problem; it is an end-to-end network problem involving multiple enterprises. Therefore, the solution does not lie in fixing one link in the chain but in devising a community.