The devices are tailored for logistics asset tracking and designed using years of experience to offer full transparency on the cargo journey through real-time data and context awareness.
Real-time Tracking and Monitoring of the Supply Chain
Contributed by | Traxens
What is Traxens?
Traxens generates, collects, consolidates, enriches and transforms logistics asset data into an easily understandable format, enabling effective decision-making. The company’s breakthrough Internet-of-Big-Things technology provides comprehensive, real-time information for managing logistics assets anywhere in the world. Traxens’ solutions digitally transform multimodal supply chains, enabling customers to reduce costs, optimize investments, comply with environmental regulations and deliver premium services to its customers.
Where does Traxens sit in the marketplace?
Traxens is considered to be one of the leaders and pioneers of IoT data supply in the supply chain. However, Traxens is not only an IoT data producer, thanks to its data science capabilities. Traxens delivers valuable insights to better predict outcomes and make important decisions with less risk.
When would Traxens technology be used?
Traxens technology can be used in many different areas of the supply chain industry: sea, rail and other multimodal schemes, like road for example.
Sea: Traxens’ solution addresses key challenges in the shipping industry faced by both asset owners and cargo owners. With the support of telematics, asset owners can control costs and develop more agile business problem solving, while cargo owners can easily keep track of their containers, bringing improved business processes and decision making capabilities. Reduced operational costs, improved supply chain efficiency, enhanced security and the opportunity to extend offerings to customers are amongst the key benefits gained through Traxens’ smart solutions. The whole shipping ecosystem, including ports, freight forwarders, insurance and financial institutions, can also benefit from the value-added data gathered by Traxens’ cutting-edge technology.
Rail: Traxens’ cargo tracking IoT system provides comprehensive, precise and timely data about cargo by tracking train wagons in transit anywhere in the world. Traxens’ technology brings improved efficiency and security, greater transparency and enhanced asset utilisation thanks to improved wagons and goods tracking, geolocalisation and mileage monitoring. The Traxens Box is straightforward to install within a few minutes, whether at customers sites, at railway terminals or workshops; it can be adapted to any type of wagon.
Road: A wine distributor decided to ship a portion of its products using Traxens smart containers with humidity and temperature monitoring. This test would provide better insight into humidity levels across the distributor’s supply chain and enable it to pinpoint specific problem areas. Traxens monitored containers from the distributor’s warehouse to the final delivery destination, continuously recording temperatures and humidity levels throughout the journey. It quickly became clear that most packaging failures occurred on routes that routinely encountered high moisture levels on land – during truck transport to and from port. With data from each pallet at every point in the journey, the distributor now had specific information needed for taking preventive measures. Traxens smart devices automatically sent regular location, time, temperature, and humidity data over global cell and satellite links to the cloud-based Traxens hub for analysis and reporting.
How can Traxens technology benefit the manufacturing industry?
One of the main use cases that manufacturers deal with in their supply chain is the ability to identify electronics parts damaged in shipping and avoid crises created by defective components.
Traxens technology-embedded sensors enable the devices to measure and record shocks during shipping. Throughout the journey, data is continuously sent over global cellular links to the Traxens cloud-based platform for analysis, qualification and certification. Any sudden impact or acceleration is time-stamped, geo-located and instantly communicated. Data is then analysed to confirm that the sudden acceleration could have had an impact on the cargo.
How does Traxens technology differ from competitors?
Traxens develops its own IoT edge devices. That starts with choosing the right components, right up to designing robust custom casings or dedicated radio communication modules.
The devices are tailored for logistics asset tracking and designed using years of experience to offer full transparency on the cargo journey through real-time data and context awareness (geolocation, geofencing and predictive ETA, shock detection, door opening, temperature and humidity detection).
With a fully vertical integration from sensor to web applications and API connectors, Traxens’ platform collects, cleanses, enriches and transforms data into valuable insights to distribute the right information to the right stakeholder at the right time.
What is the future of the supply chain industry?
Customers rely on Traxens for real-time tracking and monitoring to maintain product quality, reduce loss and optimize asset use. Beyond just tracking, Traxens intelligence can help accelerate customs clearance, reduce damage and demurrage costs, improve cash flow and enable new, value-added services for competitive advantage.
Where is the company going?
Everywhere that customers need extra visibility to help connect the dots and optimize business decision-making. Traxens envisions a world where Traxens valued data analytics are at the heart of millions of connected assets, merging physical and digital worlds in supply chain and asset management.
Is it costly to use Traxens?
Relatively speaking, no. The more we see volumes, the lower costs will be.
Do manufacturers see a cost saving using Traxens technology?
Our manufacturers credentials demonstrate that Traxens solutions reduced the manufacturer’s monitoring costs by more than 70%. At the same time, data analysis and dashboard views reduce costs associated with parts returns and claims management.
About Traxens
Traxens generates, collects, consolidates, enriches and transforms logistics asset data into an easily understandable format, enabling effective decision-making. The company’s breakthrough Internet-of-Big-Things technology provides comprehensive, real-time information for managing logistics assets anywhere in the world. Traxens’ solutions digitally transform multimodal supply chains, enabling customers to reduce costs, optimize investments, comply with environmental regulations and deliver premium services to their customers.
The content & opinions in this article are the author’s and do not necessarily represent the views of ManufacturingTomorrow
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