Making supply chains efficient
Global supply chains are complex and critical to both businesses and countries alike. When these breakdown or become too inefficient they can slow both production and distribution channels, which can directly impact your bottom line. Key to supply chain efficiency is asset tracking and asset monitoring so that things are where they are meant to be at the right time.
Currently most checks within supply chains are managed by manual processes including checklists, barcodes, or limited RFID. These processes are highly time consuming, costly, and limited in that they just record historical location and condition data. One incorrect data point reading can shut down a whole production line or distribution channel costing companies millions.
Findaa does away with old asset tracking and monitoring processes by using the latest IoT and AI technology to track and monitor assets. We do this by simply tagging assets which then send continuous data to our cloud servers which can then be viewed via our platform, or in your own internal systems. Location and condition data is automated in realtime, whether inside or outside and therefore continuously up to date. This dramatically increases efficiencies and reduces costs.
When this real-time data is then combined with Blockchain smart contracts you then have a very powerful way to automate many supply chain processes. By reducing friction it leads to greater efficiency, reduced costs, and better sustainability throughout. Contact us for more information.
Improved Asset Data
Understand the location and condition of your assets quickly and efficiently
Know where and when problems might arise and take action to mitigate issues quickly. This means much better efficiency.
By using Blockchain we can use the data collected from our IoT tags to create smart contracts. These smart contracts ensure the condition and location of assets is as intended throughout the end to end supply chain.