CORDIS Project
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This project develops a cloud-based service for real-time cargo visibility, enhancing supply chain management. It offers risk assessment tools for freight shipments and trade financing solutions, aiming to improve working capital flexibility for medium-sized operators in logistics.
Currents supply chains were designed centuries ago resulting in high of disfunction, damages and costs.
Consequently, the system fragments and siloed the information between the parties within the logistic network, promoting a poor end-to-end data timeliness which often involve paper-based transaction trails and updates .
This negatively impacts on risk assessments of each shipment.
Hence, the trade financing is not accessible for the 80% importers/exporters due to its high costs, ballasting the…
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