The startup offers an enterprise platform that utilizes reusable packaging objects equipped with environmental trackers to monitor supply chain conditions. This technology enables businesses to detect theft, track location, and assess environmental factors during transportation, enhancing the efficiency and reliability of reusable packaging systems.
Funding
$710K 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
Businesses using reusable packaging, such as pallets, crates, and roll cages, face challenges in tracking and managing these assets throughout the supply chain. This often leads to significant losses, reduced operational efficiency, and difficulties in optimizing inventory levels.
Solution
Sensize provides an asset-tracking solution that enables businesses to monitor the location, condition, and movement of reusable packaging in near real-time. By attaching wireless tracking devices to assets, Sensize offers complete visibility, reduces losses by up to 95%, and increases asset utilization by 20%. The platform integrates GPS, BLE, and other technologies to provide insights into inventory stock levels, cycle times, and potential leakage points. This data-driven approach allows businesses to optimize their supply chains, reduce waste, and support sustainability goals by replacing single-use packaging with reusable alternatives.
Target Audience
Sensize targets retailers, logistics companies, and brands that rely on reusable packaging and need to optimize their supply chains, reduce losses, and improve asset utilization.
Features
- Wireless tracking devices designed specifically for reusable containers like roll cages, pallets & RPCs
- GPS, BLE, and other tracking technologies for real-time location and condition monitoring
- Long-lasting battery life (up to 10 years) to minimize maintenance
- Rugged and durable device design with IP66/67-rated enclosures for harsh environments
- Integration with the Sensize Platform, a web-based user interface for data visualization and analysis
- Customizable alerts and reporting features to identify and address issues quickly
- API integration for seamless data transfer to existing ERP and supply chain management systems
- Support for international roaming to track assets across different countries