IoT sensors embedded in packages offer senders end-to-end shipment visibility, which can be crucial for sensitive materials like medical devices or fresh produce paid Teradata
Rob Carter, executive vice president at FedEx, takes a small piece of plastic out of his pocket and excitedly sets it down on the table, gesturing as if to say, “ta da.”
That’s a game changer for supply chains, especially in fields like healthcare that depend on the reliable and secure movement of sensitive goods. The pharmaceutical industry loses an estimatedannually just from products that were stored outside of temperature range, while 1.5% of pharmaceuticals overall are rendered unusable because of logistics issues.
Also in beta is what Carter calls The Bean, a small, bluetooth-connected and blockchain-enabled sensor that will not only track data on a FedEx package’s whereabouts and conditions but also enter them into a blockchain’s immutable ledger for greater, tamper-free reliability. That, he says, is the future of shipping.
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