Markets
High Value / High Risk
Electronics
In four of the past five years, consumer electronics topped the list of the most stolen cargos. When employing the GeoLok, electronics companies can gain a secure chain-of-custody, ensure product integrity. The TrakLok solution also gives consumer electronics companies real-time and in-the-moment visibility and monitoring capabilities while providing operational improvements in the transport of electronics.
During the past five years, FreightWatch International has recorded 896 cargo theft incidents in the Electronics sector, accounting for more than $512 million in direct losses. Still, the value of stolen loads of electronics doesn't cover the true value of the loss. This doesn't consider the added cost of replacing and reshipping the product, insurance deductibles as well as the costs of investigation.
By employing the TrakLok solution, electronics companies and their carriers can rest easy knowing that their cargos are protected by the hardened physical security and the superior monitoring capabilities provided by the GeoLok. PREVENTING A SINGLE LOSS WILL MORE THAN COVER THE COST OF THE GeoLok solution!
Viewing the chain of custody in real-time allows companies to answer questions such as where is a container currently, where was it on a specific date, and most importantly, who had access to the container at what points in time.
TrakLok's technologies provide a time-definite and controlled chain of custody that will help adopters improve product integrity ensuring product authenticity, and protection of a client's brand name. To ensure the chain of custody of a shipment, the GeoLokTM provides visibility into the movement and custody of a electronics shipment as the container moves along it route, a record of its location and ownership is captured in real-time.
Global visibility and tracking – The GeoLokTM and TrakLogTM combined service provides real-time tracking via satellite, cellular, and wireless mesh technologies for an unrivaled asset visibility system. The TrakLok solution provides real-time updates on transit and inventory information for your ERP systems improving the management and storage of container assets.
The GeoLokTM supplies historical data as a means to visualize how to move containers through the logistics system in a more effective, faster, reliable and dependable manner. This data also will benefit companies in improving carrier and 3PL performance metrics. Companies also realize carrying cost reductions through the visibility of shipment planning, movements and delivery.
11020 Solway School Road, Suite 111, Knoxville Tennessee 37931 - Ph: (865) 927-4911 - Toll Free Ph: (855) -TrakLok - Toll Free Fax: (877) 497-8260