Cloud computing and software programs have significantly improved product tracking, with real-time updates on the movement of goods globally. It allows business firms to adjust production schedules and inventory levels on a real-time basis. Such systems are being used for diverse warehouse management functions like inventory management and they are ensuring the elimination of blind spots and inefficiencies. One such cloud-based platform is Arviem AG. The company solves the challenges of obtaining visible and intelligent trade by offering real-time end-to-end cargo monitoring services.
Arviem provides visibility and insights into the flow of goods and finances within the supply chain, enabling supply chain, logistics, security, and finance professionals to have a real-time, holistic overview of the movement of their assets. The company is offering a full, carefree service to customers that allow them to track all their global shipments, regardless of the transportation mode or the logistics service provider, on one single platform.
Below is their story,
Seeking the inefficiencies in global supply chains, the arising security issues after 9/11 and the lack of visibility and control supply chain professionals had over the movement of goods globally, Arviem realized that with the emerging new technologies it is possible to improve the status quo and bring transparency into how supply chains operate. The company aspires to become a ’one-stop-shop’ for services when it comes to optimizing various aspects of the supply chain, whether it is about inventory management, working capital, carbon footprint, or demurrage of logistics costs.
Arviem offers’ IoT enabled supply chain visibility services by monitoring the location and condition of goods in transit in real-time with sophisticated sensor devices. Besides real-time event notifications and alerts, supply chain professionals can also rely on Arviem’s cargo monitoring platform to manage their goods in transit. While the company’s IoT based services help clients to digitalize parts of their supply chain without the need for investigating into new technologies, hardware or staff, our scalable, payper- use service offers a possibility of a quick ROI by reducing costs and enhancing efficiency. With this services, customers can monitor their shipments with ease, reap the benefits of the gathered data while Arviem takes care of all the rest.
The company sets itself apart from the competition by being the only provider of supply chain visibility as a hassle-free service. It aims at implementing supply chain visibility and cargo monitoring services as easy as possible. Having the collected cargo monitoring data in the core of our new service offering, the company has already developed new services that rely on the data hidden in supply chains. The company makes sure that the customer has the right amount of devices at the right time and the right location of the shipment, from the start till the shipment has reached its destination.
To demonstrate, the company’s carbon footprint reporting and emissions monitoring solution reveals where carbon emissions are concentrated in the clients’ supply chain. Clients can leverage the collected data when making key business decisions with regards to the supply chain; such as, how to reduce energy use and how to lower the carbon footprint of logistics operations. With the aggregated data, supply chain and logistics managers can develop less intensive supply models to reduce the energy consumption of the supply chain and lower the company’s carbon footprint.
Stefan Reidy is the CEO and Founder of Arviem, he is a supply chain enthusiast, and a visionary. Stefan has over 20 years of experience with innovative technologies & business models in the supply chain, which he gathered both by working for corporations and in the startup environment. Before founding Arviem, he was responsible for IBM’s Secure Trade Lane Solution, developing innovative solutions to improve security in international trade. Stefan’s passion and industry expertise have been important for Arviem’s development ever since. He often shares his knowledge with university students professionals periodically at various events.
Arviem’s goal is to provide visibility and insights into the flow of goods and finances within the supply chain, enabling supply chain, logistics, security, and finance professionals to have a real-time, holistic overview of the movement of their cargo. By having access to data and insights, clients are enabled to make educated decisions to optimize their physical and financial supply chain, eliminating blind spots and inefficiencies. The company’s vision is to maximize the value of the insights it can generate from the collected data and help their clients to bring their supply chain to the next level.
Thanks to Arviem’s services, clients know where their cargo is located in any given moment, the environmental conditions it is exposed to and if it’s security has been breached. If disruptions arise (cargo experiences shocks, unfavorable temperature or humidity conditions, an intrusion or door opening or unexpected transshipment is detected) clients are noted immediately so they can take corrective action. Arviem’s monitoring platform provides an overview of all shipments in an easy to use, visual, user-friendly management dashboard, making it possible to access any information of the cargo’s journey at fingertips.
Another innovative service leveraging the power of cargo monitoring data that Arviem has developed is focusing on optimizing the working capital management of organizations. The company enables the optimization of the financial and physical supply chains by making goods in transit financeable through monitoring the location and condition of the cargo in real-time. The company provides traceability from ’doors closing to doors opening’ serving as an independent verifier for regulatory purposes as well for real-risk mitigation.