This company provides a cloud-based system for tracking and managing reusable logistics assets across the supply chain. Their solutions offer real-time visibility for container management, load carrier tracking, and process monitoring in areas like automotive logistics. The platform generates control data to optimize material flows, reduce asset loss, and decrease circulation times.
Funding
$6.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many companies struggle with a lack of visibility into their supply chain, leading to inefficiencies, increased losses, and difficulty in managing assets like returnable containers, glass racks, and trailers. This lack of transparency results in increased capital tie-up, higher operational costs, and reduced customer satisfaction.
Solution
BOX ID provides a cloud-based supply chain visibility platform that leverages IoT tracking devices and a data intelligence platform to provide end-to-end transparency for businesses. The system enables real-time monitoring of assets, including location, condition, and utilization, across the entire supply chain. By integrating data from various sources, including ERP systems and manual inputs, BOX ID creates a digital twin of physical assets, enabling businesses to optimize processes, reduce losses, and improve overall efficiency. The platform offers customizable applications and features tailored to specific industries, such as automotive, glass, and beverage, ensuring a solution that directly addresses their unique challenges.
Target Audience
The primary target audience includes logistics service providers, manufacturers, and distributors across various industries, such as automotive, glass, and beverage, who need to improve asset visibility, reduce losses, and optimize their supply chain operations.
Features
- Real-time asset tracking using GPS, WIFI, and cellular triangulation technologies
- Condition monitoring through sensors that track temperature, humidity, and shock
- Integration with existing ERP, PPS, and MES systems via flexible APIs
- Customizable alerts and notifications for deviations from planned routes or conditions
- Automated reporting and analytics for identifying bottlenecks and optimizing asset utilization
- Mobile app for drivers to facilitate delivery and return processes
- Support for various tracking devices, including active trackers (LP-WAN, LTE-M) and passive identification (barcode, QR code, RFID)
- Role-based access control and data encryption to ensure data security