Tive® Announces Partnership With FourKites® To Provide In-Transit Data to Customers
BOSTON, MA & CHICAGO, IL - Technology is continuing to transform the industry as we know it, as Tive® announced a new partnership with predictive supply chain visibility platform FourKites® to provide its mutual customers with an integrated platform that combines in-transit data all in one place.
"Collaboration and open access to visibility data benefits everyone in the supply chain," said CEO and Founder of Tive, Krenar Komoni. "Tive trackers are deployed on shipments worldwide, which means insightful data on carrier and route performance is growing every second of the day. We are excited to partner with FourKites, the visibility market leader in the food, beverage, and CPG industries, among others, where the condition of an in-transit load is paramount. I'm proud to partner with FourKites to bring the industry-best ETA to Tive customers."
The new program features transit data including location, accurate estimated times of arrival (ETA), light exposure, temperature, and more, according to a company release, and integrates data that goes far beyond shipment visibility. Combining FourKite's abilities with Tive's real-time, in-transit load sensing data, this partnership will allow the companies to help their consumers improve their end-customer experience.
With increased shipments of consumer packaged goods, improving efficiency and ETA has become a vital mission for many companies. Tive's Solo 5G trackers can stream temperature, light, shock, and other real-time load sensing data to the Tive Data Cloud, and FourKites' GPS providers and learning-based ETA engine gives retailers an accurate prediction of when shipments will arrive.
"In 2021, supply chains will continue to be tested," said FourKites Founder and CEO Mathew Elenjickal. "At FourKites, we believe that best-in-class ETA is critical to detecting downstream disruptions. Together with Tive, our mutual customers will be able to pinpoint expected delivery times to their docks with even greater accuracy, keep close tabs on their shipments to monitor for theft, make necessary adjustments to keep goods moving, and keep their yards running efficiently."
Just last year, FourKites unveiled its state-of-the-art yard management platform Dynamic Yard, which incorporates real-time in-transit data and in-yard freight in order to offer its customers true visibility during the entire transit. The brand plans to further this new partnership by integrating Tive's capabilities into the platform to enable customers to identify temperature excursions, prioritize yard movements to reflect the condition of the shipments, and even know exactly when the load arrives at the dock.
Where will this partnership take these companies, and the supply chain as a whole, next? Keep reading ANUK as we aim to find out.
