In this special edition of our Supply Chain Matters This Week in Supply Chain Management Tech column, we highlight a recent joint announcement from sensor-driven supply chain technology provider, Roambee, and a digital freight platform Transporeon.
The companies announced a partnership to enhance real-time transport visibility and carrier telematics visibility across two established Cloud-based networks. According to the announcement, Roambee’s sensor-driven item visibility will enrich Transporeon’s Sixfold telematics data with multimodal location accuracy and offer condition visibility, so customers can more actionably address supply chain risk around spoilage, damage, theft, missed connections, and other conditional needs.
Silicon Valley based Roambee provides verifiably better supply chain visibility for on-time, in-full, in-condition delivery of shipments, inventory, returnable or field assets anywhere in the world. The technology platform provider has garnered customers in pharmaceutical, food, chemicals, automotive and logistics industry sectors. The company’s technology provides curated item-level supply chain signals based on Internet of Things (IoT) sensor data. Roambee has further garnered visibility in its use case support capabilities for supporting condition reporting needs for ongoing global-wide shipments of COVID-19 vaccines. The company was one of a number of winners in the recently announced U.S. FDA Tech-Enabled Food Traceability Challenge.
Founded in 2000, Germany based Transporeon provides a digital freight platform the supports more than 1,200 shippers, 100 large retailers, and over 120,000 logistics services providers and carriers transport goods more efficiently and sustainably. The company manages operations from eight different global office locations and can converse business in twenty-five different languages. The company’s technology aims to provide a holistic approach to transport management. It includes Transporeon Execution Solutions, procurement, and market intelligence offerings along with Sixfold, a real-time visibility capability aggregating live data from supply chains across Europe leveraging AI based technology.
This Editor had the opportunity to jointly speak with Sanjay Sharma, CEO of Roambee, and with Stephan Sieber, CEO of Transporeon regarding this partnership announcement.
Sharma indicated that over the next five years, there will be an emergence of broader autonomous supply chain platforms providing self-healing decision-making with important context. He additionally noted that that with this partnership, there is the opportunity to bring together all sorts of shipment condition data without human intervention.
Sieber observed that while many efforts have been made over the past 10-20 years for collecting timely information, most has been in collecting transactional data. Today’s technology is better equipped to providing insights as to movements, conditions and state, to better predict outcomes or actions needed to avoid missed commitments.
Both company leaders view this partnership as complimentary to both companies, a bringing together of “network of networks.”
Regarding other opportunities to leverage item level condition data across digital platforms, one attractive area can be that of monitoring deemed hazardous materials during their shipment journey. Sharma indicated that the requirements mandated to safely transport COVID-19 vaccines in terms of temperature condition tolerances and specific batches provides similar opportunities to soon address shipment of deemed hazardous materials such as chemicals, batteries and electronics which often require transportation restrictions or limitations.
Beyond end-to-end physical and digital supply chain visibility are network of networks, the layering of data and information garnered from actual products and assets transporting across global networks. They are the basis for enhanced Supply Chain Control Tower decision-making capabilities where autonomous actions powered by software can be supported.
© Copyright 2021, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.