Episode 8: Real-time in-transit visibility is transforming logistics and supply chain industry
Apr 16, 2024•49 min•Ep 8•Transcript available on Metacast Episode description
Hello, visibility enthusiasts! Welcome to the Beyond Visibility Lounge, the podcast that explores the seen and unseen world of the supply chain, logistics, transportation, and traceability. Join your hosts, Iliriana Kacaniku and Ron Volpe in an exploration of global trends in tracing halal foods along their supply chains. In this episode, they host Richie Daigle, the Enterprise Account Executive, at Tive Inc. who discusses his journey into logistics and his role at Tive, a company that provides real-time visibility and condition monitoring for shipments. The conversation covers the technical challenges faced at the beginning, Richie's background in baseball, and his transition into the logistics industry. The introduction to Tive includes an explanation of its value for customers, which is to ensure that shipments arrive on time and in full. The discussion also touches on Tive's customer base, the importance of location and condition data, and the adoption of visibility technologies. The conversation with Richie from Tive covered various topics related to real-time visibility and its impact on supply chains. The chapters include tactical use cases and the importance of real-time visibility, the value of data and insights, challenges of adoption and industry differences, partnerships and collaboration, success stories, decision-makers and empowering them, and the future of real-time visibility.
Takeaways:
- Tive provides real-time visibility and condition monitoring for shipments to ensure they arrive on time and in full.
- Tive's customer base includes industries such as food, pharmaceuticals, and high-value goods.
- The majority of customers are interested in both location and condition data for their shipments.
- The adoption of visibility technologies, especially condition monitoring, is still relatively new in many industries. Real-time visibility provides tactical benefits for supply chains, allowing companies to address problems in the moment and save shipments.
- The value of real-time visibility extends beyond immediate tactical use cases, as the data collected can be analyzed to identify trends and optimize supply chain operations.
- Adoption of real-time visibility may vary across industries, with some industries being more receptive to the technology than others.
- Partnerships and collaboration with other solution providers can enhance the value and capabilities of real-time visibility solutions.
- Success stories demonstrate the tangible benefits of real-time visibility, such as preventing theft and ensuring the quality of sensitive goods.
- Decision-makers within companies, including logistics, operations, and sales personnel, play a crucial role in procuring and implementing real-time visibility solutions.
- The future of real-time visibility lies in continued innovation, leveraging IoT devices, and using data to address challenges such as theft, quality control, and sustainability.
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