FarEye launches 'Orbit' to enhance supply chain visibility
March 22, 2018: FarEye, a digital logistics platform, has launched its supply chain visibility suite - ORBIT, which allows enterprises to have compl
March 22, 2018: FarEye, a digital logistics platform, has launched its supply chain visibility suite - ORBIT, which allows enterprises to have complete visibility of goods while in transit from the plant right through to the final destination. The suite which is a “platform for predictability” for freight movement, includes capability to design organisation’s custom logistics process, integrates with TMS (Transport Management Systems) and WMS (Warehouse Management Systems), allows data-driven transporter allocation, digital proof of delivery and provides live ETA during the entire journey.
The suite, which also works for reverse logistics, integrates with 3PL (third-party logistics) systems as well as warehouse management systems to provide full visibility at each step. The FarEye suite also integrates with GPS devices and temperature sensors to alert companies to any potential or actual problems with the goods while in transit, and features item level tracking and event-specific alerts. FarEye’s Delivery Happiness Dashboards make it possible to track KPIs like vendor performance, bottlenecks in transit etc., which can be used to take data-backed decisions. The suite also offers automation of logistics processes with mobile application like digital proof of delivery and feedback.
Available immediately, ORBIT is built on top of a Business Process Management (BPM) framework to design multiple logistic workflows across regions. It can be quickly and easily integrated into logistics firms’ existing TMS and WMS systems, thereby minimising disruption and infrastructure costs, stated the company in a press release.
Kushal Nahata, co-founder and CEO, FarEye, said, “As the world moves towards a just-in-time manufacturing model which demands shorter and reliable supply chains, companies are rightly demanding to know the location and state of their goods at every stage of their journey. FarEye’s ORBIT technology will give businesses complete visibility of goods from the start of their journey until the final destination and help foster collaboration among the various stakeholders and logistics processes.”
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