14%
Increase in logistics cost YoY in Nov 2021
Solutions
Logistics & Distribution
Hyper-competitive markets demand a shift from legacy approaches that rely on third-party location signals across stitched-together shipment legs. Poor real-time data leads to expedited costs and increased safety stock.
With ParkourSC, move beyond manual processes, disjointed track-and-trace capabilities, and indirect data sources that delay timely intervention. By coordinating product-level sensor signals with enterprise data, you can identify risks earlier and automate a more responsive logistics process.
Increase Visibility. Boost Efficiency.
Now that’s Smart.
Reduce expedite costs with real-time tracking of raw materials from the manufacturing floor
5-10% Reduction in expedite costs
Minimize and solve for raw material stock-outs with real-time material tracking and contextual data on weather issues and traffic delays
5-10% Improvement in route and lane performance
Reduce Order to Cash cycle times by improving inventory balancing, incorporating quality and chain of custody requirements into your supply chain analytics
4-8% Improvement in product quality compliance
ParkourSC’s platform is sensor agnostic and will grow with us.
“We needed a partner with the latest IoT technologies, real-time tracking, and data analytics so we can provide our customers complete visibility to their products. ParkourSC’s platform is sensor agnostic and will grow with us. Our industry-leading thermal packaging solutions now provide prescriptive analysis of vaccine conditions down to the unit level, a natural choice for an important global initiative.”
Managing Port Congestion & Other Lane Variabilities
As products move globally from port to port across international shipping lanes, ParkourSC’s digital supply chain operations platform tracks shipments in real-time with conditional monitoring. This not only provides the actual physical location of stock, but also provides a picture of variability in demand and supply across all shipping routes and lanes.
The ParkourSC digital supply chain operations platform tracks any signal from any sensor or system to provide early warning to any previously unpredictable delays in transit. This real-time information along with historical shipment data, end-to-end transportation lead time and optimal routes can allow the AI models and business rules in ParkourSC to automatically adjust the supply chain to minimize these delays. In addition, the customer can automatically be informed of these delays.
Layering the predictive model with real-time information from freight forwarders on lane performance along with information of on-hand inventory from the planning network provides the strategic logistics planners with the analysis to avoid any supply disruption and ensure the shipment reaches the customer as expected on time and in full.
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Common Challenges
- No visibility of inbound materials due to lack of data sharing and no real-time tracking capability
- Siloed shipment data that prevents any management of your logistic and distribution channels
- Lack of synchronization between shipping schedule and warehouse storage leading to spoilage and profit loss
Use Case Examples
- Minimize expedited shipment requests
- Track last mile chain of custody
- Rerouting options due to delays in traffic and weather
- Get real-time delay info due to port congestion
- Better meet Estimated Time of Arrival (ETA) forecasts
- Monitor and correct any import/export document control issues
- Match shipping schedule to warehouse capacity
- Analysis for freight audits and payments
From Disruptions to Predictive Precision
Most supply chains react to disruptions instead of preventing them. Visibility is just one piece of the puzzle. With ParkourSC your team will know the next smart move.
Optimize warehouse space
Cut shipping costs with logistics and transportation tracking that delivers insights based on your unique usage patterns and carrier network.
Track supply chain assets
Monitor every movement, check product integrity and create a chain of custody with item-level supply chain asset tracking.
Collaborate with stakeholders
Eliminate the silos by sharing digital twin software and creating a supply chain ecosystem that lets everyone access role-appropriate ground truth.
Ready to make complex decisions simple?
Let ParkourSC be your trusted partner in transforming your supply chain into a competitive advantage.