Technology - Virtual Roundtable

How Real-Time Visibility into Supply Chain Assets is Driving Down Costs

13th May 2022 | 12:30pm - 2:00pm GMT
How can you unlock crucial data across the supply chain?

A Meet the Boss virtual roundtable in partnership with HERE Technologies

Proper asset utilization is one of the biggest challenges in any supply chain and represents a huge opportunity to improve operational efficiency and reduce costs. Take the example of a postal company with more than 500,000 roll containers. In that specific case, operators did not know the location of 15% of them, and up to 3% of them are being stolen any given year (HERE Technologies). In another example, a global contract logistics company was lacking visibility into material handling equipment in its warehouses, which lead to poor asset utilization, decreased zone and workforce productivity, and high infrastructure costs.

Inefficiencies like this are why best-in-class companies are using the latest in location technology to gain real-time visibility into the location, status, health, and behavior of their assets – whether they’re inside a warehouse, outdoors in a yard, or thousands of miles away. With these insights, stakeholders can reduce asset loss, costs associated with replacement and overstocking, and poor utilization, and some are increasing process throughput by 20%. In a warehouse setting for example, those efficiencies are achieved by driving impact on KPIs such as Order to Dispatch and Dock to Stock time, reducing asset idle time, improving underperforming zones and workforce performance, and achieving a seamless workflow by determining the best layout.

Join thought leaders from HERE Technologies, along with a group of your likeminded executive peers, for this Meet the Boss Virtual Roundtable, where we’ll discuss strategies to drive operational efficiency, reduce supply chain disruption, and transform for the future.

Discussion Topics

What is the need to improve reusable asset visibility?
How can improved asset tracking contribute to sustainability goals?
What are the challenges with warehouse automation?
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Previous Attendees

Fernando Machado
CMO,
Activision Blizzard
Jennifer Christie
CHRO,
Twitter
Naveed Tariq
Vice President, Corporate Strategy & Group Innovation Operations,
E.ON
John Pillar
CTO,
NatWest
Line De Decker
Chief Transformation Officer,
GSK

About HERE Technologies

We detect and process real-world changes in location data. Our platform, uniquely combining location content and software, enables people, enterprises, and governments to be as successful as possible. Using our platform, our customers can run adaptive applications, such as driver… Find out more
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A Meet the Boss Digital Roundtable is an independently moderated, thought-leading conversation about hot business-related topics. Conducted using bespoke video conferencing technology, each Roundtable gives execs the opportunity to connect with a select group of like-minded leaders without the need… Find out more
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