Leading in-transit visibility provider Tive and TransVoyant, the leader in global supply chain data fusion, business analytics and actionable intelligence, announced a partnership to deliver live supply chain situational awareness to the Open Visibility Network (OVN) to improve actionable, complete, and intelligent visibility and business insights.
Most visibility journeys start by focusing on a single segment of supply chains, lacking visibility into events occurring upstream and downstream. This is problematic for shippers that rely on inbound materials. When traditional visibility is connected with predicted supply chain behavior it is easier to see the impact that events have on the overall supply chain. Visibility needs to incorporate information from inside your enterprise (ERP, TMS, OMS, WMS) and the external world that surrounds your supply chains (social unrest, border crossings, port congestion, etc.). Without this level of connectedness, you will have blind spots in the supply chain that will inevitably cost you time, service, and money.
The Open Visibility Network partnership and integration will combine TransVoyant’s capabilities with Tive’s real-time in-transit load sensing data to deliver immediate value to global supply chains. Tive’s Solo 5G trackers stream location, temperature, light, shock and other critical real-time load sensing data to the Tive Data Cloud. TransVoyant applies advanced machine learning and artificial intelligence to real-time event data streams to render a live global picture of customers’ static and moving assets, as well as predictive insights that enable them to anticipate and avoid threats and disruptions resulting from weather, port congestion, natural disasters, supplier failure, road construction, competitor behavior, labor strikes, etc., to improve their end-customer experience.