RTI Management offers a blockchain-based platform for managing Returnable Transport Items (RTIs), enabling businesses to automate the tracking, processing, and cost analysis of reusable packaging. This solution addresses high RTI costs and inefficiencies by providing real-time insights and seamless data sharing with supply chain partners.
Funding
Funding not disclosed
Founders
Product
Problem
Many companies struggle with the complexities of managing Returnable Transport Items (RTIs), leading to high costs, inefficiencies, and a lack of transparency in their reusable packaging supply chains. Without effective tracking and management, businesses face challenges in controlling RTI expenses, predicting costs, and understanding pooling invoices.
Solution
RTI Management offers a blockchain-based platform designed to streamline and automate the management of reusable packaging. The platform provides real-time insights into RTI transactions, stocks, and balances for all parties involved in the supply chain. By facilitating seamless data sharing with pooling organizations and enabling the import of data from various systems, RTI Management empowers businesses to effectively control RTI management, reduce costs, and drive sustainability.
Target Audience
The primary target audience includes businesses across various industries that utilize reusable packaging and seek to optimize their RTI management processes, reduce costs, and improve supply chain visibility.
Features
- Real-time tracking of RTI quantities, values, and locations
- Automated processing of standard and custom rules for efficient contract management
- Seamless data sharing with pooling organizations (e.g., CHEP, IPP, EPS, LPR, IFCO)
- Integration with ERP, TMS, WMS, and Excel systems for data import
- Cost analysis tools for data-based decision-making and forecasting
- Real-time sign-offs on transfers upon receipt
- Management of assets, customers, supplier relations, and transporters