FarEye rolls out a digital supply chain visibility suite ORBIT
March 22, 2018: Leading digital logistics platform provider, FarEye, recently launched its supply chain visibility suite — ORBIT, which allows enterprises to have complete visibility of goods, during transit from the manufacturing unit to the final destination.
The suite, which is a ‘platform for predictability’ for freight movement, has the ability to design organisation’s custom logistics process, integrate with TMS and WMS systems, allow data-driven transporter allocation, digital proof of delivery, and provides live ETA during the entire journey.
FarEye is a leader in B2C logistics technology, and is widely used by global giants, such as Walmart, Dominos, DHL, Noon and Amway.
It helps in reducing cost and delivers on-time parcels in retail and ecommerce industry. The B2B world currently lags data-driven optimisation and predictability of freight across the supply chain.
ORBIT has been built to ensure that supply chains are reliable and optimised. It addresses one of the fundamental issues facing the industry today, which is greater visibility, and helps businesses in making time-sensitive data-backed decisions.
Supply chain providers across the globe are aiming to achieve a complete visibility and seamless collaboration amongst all the stakeholders.
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 every step.
FarEye suite also integrates with GPS devices and temperature sensors to alert companies on potential or actual problems with goods while in transit, and features item level tracking and event-specific alerts.
FarEye’s delivery happiness dashboards makes it possible to track KPIs, such as vendor performance and bottlenecks in transit, 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.
ORBIT is built on a Business Process Management (BPM) framework to design multiple logistic workflows across regions. It can be quickly and easily integrated into logistics firms having TMS and WMS systems, thereby minimising disruption and infrastructure costs.
Kushal Nahata, co-founder and CEO, FarEye said: “With multiple stakeholders involved in the movement of freight, supply chain has historically been like a black box for enterprises, with customers not knowing where and what condition their goods are in. 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 till the final destination, and will help foster collaboration among various stakeholders and logistics processes.”
As companies expand globally and rely more on geographically dispersed partners, vendors and customers, ORBIT will enable supply chain professionals to make their processes interconnected, improve efficiency, optimize cost/resources along with an added layer of real-time visibility, predictability and accountability.