Everstream Analytics has revealed to Logistics Manager a new partnership with project44 to combine project44’s end-to-end real-time location visibility with Everstream’s predictive risk analytics to increase supply chain resilience and agility, decreasing supply chain costs and increasing service levels.
The Covid-19 pandemic, ongoing shortages of critical materials and bottlenecks at key ports have powerfully reinforced the need for companies to have visibility to the goods and materials moving through their supply chains and to be able to predict and react to supply chain delays and disruptions. The combination of the project44 and Everstream Analytics solutions enable companies to achieve pre-transit visibility as well as real-time in-transit visibility to better navigate future and present supply chain disruptions.
“Our clients who have been using project44 visibility data in combination with our risk analytics have been able to better navigate recent events such as the Suez Canal blockage and port congestions,” commented David Shillingford, CEO of Everstream Analytics. “Companies will gain a competitive advantage from the integrated solutions in navigating logistics and supply disruptions whether environmental, financial, regulatory, geopolitical or infrastructure failures. Our ability to provide visibility to sub-tier supplier risk will also complement project44’s new Supplier Visibility initiative, where project44 can track inbound freight when the supplier or third-party controls the transportation.”
“project44’s real-time transportation visibility platform enhances Everstream’s analytics to predict risk for on-time delivery during planning and in-transit risk monitoring, our clients will be able to increase the resilience of their supply chains,” added Vernon O’Donnell, Chief Product Officer, project44. “Our clients with temperature-sensitive cargo will be able to optimise equipment selection, ensuring that temperature protection is used only when necessary, saving costs, reducing emissions and avoiding spoiled loads.”