LocatorX today announced it has received “Asset Tracking Software of the Year” in the annual SupplyTech Breakthrough Awards program conducted by SupplyTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout technology companies, products, and services in the supply chain technology and logistics industry around the globe.
LocatorX’s trusted Supply ChainIntelligence Platform harnesses the power of the data it collects to offer a comprehensive asset tracking solution across the entire supply chain. The platform provides 360-degree, real-time visibility and connected insights to locate and track an organization’s mobile and fixed assets, anywhere in the world.
Key features include:
· A PatentedLX Digital Fingerprint that creates a unique identifier for every asset, allowing them to be tracked throughout their lifecycle and provides robust data to facilitate predictive analytics for the next best actions.
· Data collected is stored in a blockchain-like structure ensuring security, authenticity, and provenance to combat counterfeit products entering the supply chain.
· Unique iQR codes that provide an additional level of security.
· Hardware agnostic so that it can leverage an array of sensors including Bluetooth LowEnergy (BLE), Near Field Communication (NFC), Long Range Wide Area Network(LoRaWAN), and GPS.
The LocatorX platform is a standalone solution or can be integrated with existing CRM, ERP, and WMS applications. It is also available to sit natively within Salesforce and available on AppExchange. LocatorX specializes in MedTech, Life Sciences, Pharmaceutical, Manufacturing, Aerospace, and Defense.
“LocatorX aims to solve visibility and authenticity supply chain challenges. Our goal is to ensure companies can develop and deliver products with confidence. Typically, those responsible for asset tracking are forced into one method of tracking -we understand the need for flexibility and efficiency. We also understand the power of the data goes beyond knowing only location,” said Chester Kennedy,CEO, LocatorX. “Our team brings decades of experience in the technologies required to not only securely track assets, but also gather additional data that can be leveraged to unlock additional processes and predictive actions using solutions and workflows. We are honored to be recognized by SupplyTechBreakthrough. We will continue to develop new techniques such as cutting-edge, solid-state, location tracking, digital customer engagement, and counterfeit detection capabilities.”
The mission of the annual SupplyTechBreakthrough Awards program is to conduct the industry’s most comprehensive analysis and evaluation of the top technology companies, solutions and products in the supply chain and logistics industry today.This year’s program attracted thousands of nominations from over 15 different countries throughout the world.
“LocatorX helps businesses manage their assets more effectively, protect their brand, and engage with customers' post-purchase. Tracking assets is a critical aspect of any business but 80% of companies are unable to effectively do so. Mobile assets are best tracked differently than those that sit in the same spot, with movable assets requiring near real-time tracking to keep them secure,” said Bryan Vaughn, Managing Director of SupplyTech Breakthrough Awards. “LocatorX is solving the supply chain problem. It’s a pleasure to recognize them with the ‘Asset Tracking Software of the Year’ award. Their strong reputation for asset tracking and management is a result of technological innovation that ensures companies can develop and deliver their product with confidence.”
