May 23, 2018
Imagining Supply-chain beyond Track-and-Trace
Track and trace was a game-changing innovation in logistics supply chains. It enabled a transparent supply chain showing the movement of shipment. It is impossible to delineate logistics from track and trace today.
A technology that provides similar instant & precise verification with a standard device is the need of the hour to detect tampering/substitution in supply-chain with 100% success rate. Gradually, world has moved onwards with diverse spectrum of assets moving in supply chain. New requirements like impact sensitivity, pressure sensitivity in supply chains are beginning to crop up. For instance, for impact-sensitivity in supply chains, a new invention was needed to tangibly prove that shipment has not been mishandled during the transit. The result was in the form of shock-indicator labels, wherein just by changing colour from green to red, it can indicate the impact to shipment. In case of damage to asset, insurance can be expedited and claims settled with accountability fixed. Similarly supply-chains are yet to see a game-changing, reliable technology that can prove that the shipment has not been tampered en-route.
Secured logistics precedes all other value-added service as a fundamental guarantee of reliability. To illustrate this in the context of impact-indicator labels, a red label can be replaced with green label to hide cases of impact OR green label can be replaced with red one to fabricate a false claim of loss due to impact. Security by the way of serialization of labels is at best symbolic, and vulnerable to both insider and outsider threats. There is an evident gap on the need of a credible & verifiable tamper-evident shipping services, which can also mitigate insider threat, providing the dependable security for physical assets. smartDNA® is the only technology available globally today that can answer positively to all of these. Such a solution can be used to extend track-trace to trace-trace-monitor such that both – the consignor and the consignee can see the integrity of their shipment along with locations in the supply-chain.