FindaaTechnology
Streamlining Supply Chain Management

With increased globalization friction, everevolving customer requirements, extended product lines, uncertainty pertaining to supplier performance, and global pandemic disruption, supply chains have become hugely complex. Also, all the stakeholders involved in the supply chain process need to work in liaison based on information, material, and financial flows. It is because of this interdependency that any disruption can adversely impact all the parties. To avoid the incidence of such complications, organisations, for years, have relied on manual tracking processes, outdated tools, and passive methodologies such as barcode scanning or latterly RFID tags. However, they never guarantee item level end-to-end supply chain visibility in real time and make the entire process more complicated. That's why businesses' dream to build a unified supply chain that breaks data silos but that never seems to come to fruition, resulting in complex demand planning, sourcing, production, inventory management, and storage, as well as transportation issues.

This is where Findaa—Find and Monitor your Assets Anywhere Anytime—makes a world of difference.

Founded in 2019, Findaa Technology is a global Internet of Things (IoT) data company that uses the latest 5G connectivity to help monitor and track clients' assets, equipment, and goods. seamlessly in real time, anywhere in the world. The company is transforming many industries from logistics, supply chains, and manufacturing to healthcare and cold chain.

"We provide intelligent tracking and monitoring solutions based on our advanced technology, enabling asset owners, supply chains, and logistics to seamlessly track and monitor critical assets. The information we provide makes your processes smart and helps you make informed decisions. As such, you can save both time and money, whilst helping to bypass any supply chain disruption," says Simon Rowell, Co-Founder, Findaa Technology.

Findaa places advanced 5G active tags on assets and sends data to its cloud servers. Clients can easily view and monitor all their critical supply chain information through an easy-to-use platform or via an API. "Our platform produces asset efficiency and risk reports to allow both staff and management to design accurate asset management and risk models. This dramatically increases efficiencies, reduces costs, and reduces wastage which improves sustainability" Rowell mentions. More importantly, all the active tags Findaa produces can be customized according to clients needs, meaning they can monitor for a range of conditions and also optimise for better accuracy and increased battery power.

With such a comprehensive solution, Findaa has become a go-to partner for several clients. For example, in 2020, when the pandemic was looming large, a client from the healthcare sector faced significant challenges while managing their supply chain and logistics. Owing to their reliance on manual processes, it struggled to track medical equipment locations and understand their condition. The Findaa platform enabled the client to get rid of this problem and deliver equipment quickly to patients by having real time itemlevel visibility.
These instances of client success always drive Findaa to explore new avenues of growth. Rowell believes that product tracking is still reliant on barcode scanning or RFID tags, but these processes are passive and inefficient when it comes to managing vast global supply chains. Findaa's goal is to make supply chains and manufacturing more frictionless. The company has already raised seed funding this year, which will be used to further scale the technology and business. "The process of supply chain management has undergone significant changes in the past year because of the pandemic and the continuous endeavour to steamline operations. Today, digitization is not just an option for businesses, it's a necessity. We want to facilitate that journey by not only providing our technology, but by educating clients on the latest improvements in this field," concludes Rowell.