Team Neurored is #NeuroReady for 2019 

 

It’s that time of the year when people around the world come together to celebrate their achievements, and Neurored certainly has a lot to celebrate this year. A slew of customers, awards and publications have all recognized the value that Neurored offers and the company is on track to double its revenues once again!

 

Before we talk about the awards, it is paramount to recognize that none of this would be possible without the efforts and dedication of the Neurored Team (see picture). By mere numbers, the Neurored team doesn’t even occupy an entire restaurant, but by their ability, this agile team is making the world’s supply chains more efficient, reliable and stress-free. This year, the Freight Waves institute conferred Neurored with the Freight.Tech 100 Award where the company shared the stage with big players like Amazon, Daimler, and Tesla for being among the most innovative and disruptive freight technology companies in the world. Neurored was also mentioned among the 10 Best Supply Chain Technology Solution Providers and the Top 10 Logistics Tech Solution Providers by reputed publications like Mirror Review and Insight Success.

 

As Neurored gains traction in the EMEA  and the Americas, the team is determined to maintain its 5-star rating on the Salesforce AppExchange Platform. This luncheon isn’t as much a celebration of a great 2018, as it is a declaration of a better 2019.

 

What are your supply chain goals for 2019? Team Neurored is #NeuroReady for the challenge.

 

 

Neurored Wins Freight.Tech 100 Award

Neurored Recognized in Freight.Tech 100

FreightWaves recognizes Neurored as one of the ‘Most Innovative and Disruptive Companies’ in this year’s Freight Tech 100 Award. Neurored shared the dais with leading freight tech companies like Amazon, FedEx, Uber Freight, Maersk, and Waze. The awards were conferred upon the companies after consultation with industry executives, investors, and academics from the FreightWaves Research Institute. Click here to see the winners of the Freight Tech 100 Award.

 

Neurored is a best-in-class, cloud-based Supply Chain & Transportation Management Suite powered by Salesforce Platform. Neurored’s mission is to help businesses involved in global trade operations to get unprecedented levels of efficiency, visibility, and connectivity in an increasingly fast-paced digital economy. With over 80% of ocean lines coverage, 50% airlines coverage, and over a million ready-to-use rates, Neurored is a one-stop solution for Freight Forwarders, Shippers, and Wholesale Traders in the global supply chain industry.

 

When asked for a comment about the win, the Managing Director of Neurored, Joseph R Hudicka said, “At Neurored we always strive to delight the customer through innovation. Our happy customers are the reason we are the top-rated Supply Chain Management (SCM) suite on the Salesforce Marketplace (AppExchange) and we are glad that the industry experts have taken notice. Such recognition always inspires us to keep moving forward”.

 

Could your business benefit from a powerful solution like ours? Book a Demo now!

Neurored Video Sessions Recorded at Dreamforce Conference ’18

Neurored Team with its Booth at Dreamforce 2018, San Francisco

NEURORED AT DREAMFORCE CONFERENCE – 2018

Neurored joined hands with Salesforce by being a part of Dreamforce 2018 in San Francisco which had attendees from all around the world. Neurored was able to create an impactful presence at Dreamforce as it contributes to the Salesforce ecosystem through its Global Supply Chain Management App.

Neurored also set up a private booth which helped them provide one-on-one assistance to wholesale traders, freight forwarders and shippers.

 


WATCH THE VIDEO: SHIPPING INTELLIGENCE IN THE AGE OF THE CUSTOMER

[Skip to 10:35 min]

TIME & LOCATION

 September 26, 11:00 AM  San Francisco

DESCRIPTION

Transport and Logistics is the backbone of many industries – manufacturing, retail, and eCommerce – however, it’s never been felt more strongly than in the age of the customer, where same-day shipping is quickly becoming the norm. Watch us to learn how the Transportation and Logistics industry is innovating to show customers, vendors, and end-consumers where their shipments are, service them better with chatbots and voice-assistance and provide transparency with blockchain and IoT. Neurored, DHL, Freightos, and RedWood Logistics discussed how they are creating the first ever seamless shipper experience for manufacturers, retailers, and end customers. They also showcased how they’re bringing it to life with live demos.

 


WATCH THE VIDEO: DIGITIZING GLOBAL SUPPLY, TRADE & TRANSPORTATION MGMT POWERED BY BLOCKCHAIN

TIME & LOCATION

 September 26, 3:00 PM  San Francisco

DESCRIPTION

Salesforce is delivering the future of Global Trade & Logistics, rooted in secure digital communities, where customers, suppliers, and carriers engage from quote through delivery, with automated transparency, trust, efficiency, and speed. Watch  Neurored demonstrate its 100% Native Force.com, Global Supply Chain & Transportation Management App highlighting use cases for shippers, freight forwarders, and wholesale traders. As an added bonus, Neurored highlights its Blockchain For Files add-on, also available in the Salesforce Appexchange, which ensures documents are authentic, unchanged, and free of fraud.

 


SPEAKER

 

 

Joe Hudicka

Managing Director, Neurored

 


 

Want to know more? Reach us here for a demo.

How Neurored is Impacting $8.1 Trillion Supply Chain Industry Using Blockchain

We’re all familiar with the buzz around blockchain and advanced track & trace systems and its potential impact on the industry, but sometimes the real progress of this technology gets lost in the media frenzy. At Neurored we have made it our mission to implement these enabling technologies to delight our customers by being the highest rated Supply Chain Management App on Salesforce Market Place (AppExchange).

To understand how Neurored’s App works, it is necessary to first understand what a cryptographic hash is:

A cryptographic hash function is a special class of hash function that is extremely difficult to reverse engineer, making it suitable for use in cryptography. It is a mathematical algorithm that produces an output (called ‘hash value’ or simply ‘hash’) of a fixed size irrespective of the size of the input (often called ‘message’). The only way to recreate the input data from an ideal cryptographic hash function’s output is to attempt a brute-force search of all the possible inputs to see if they produce a match.

Main properties of a cryptographic hash function are:

  • Same message always shows the same hash
  • It is fast in calculating the hash value of any message
  • It is infeasible to find a message from its hash value except by trying all possible messages
  • Small change in a message leads to a hash generation that is completely different from the old hash
  • No two messages will have the same hash value

In the context of our App, we use hash and keep them in an immutable way on the Blockchain (token) with the purpose of recognizing the same “message” all along the different stakeholders of the Supply Chain. This message could be in the form of Files, QR Codes or Beacons.

From a technical point of view, our App is highly secured as we have developed a solution to integrate any Salesforce Organisation with Blockchain through OpenID.

1] FILE VERIFICATION & TRACKING

Through file verification and tracking, Neurored aims to tokenize Salesforce files to avoid fraud by tracking undesired changes on the files created or received. Our software verifies the original creator of the file on others’ Salesforce Orgs with the file we receive or upload on our own Salesforce Org. By plugging into this BlockChain App to your Salesforce Org, you will provide your employees and partners with an infallible tool to verify if the shared files remain as the original after any peer-to-peer transfer. If the verification is positive, they will keep on going with the business activity and raise the alarm & freeze when not.

Here is how it works:

  1. The original creator uploads or creates a new file on its own Salesforce Org and the file is automatically triggered to generate a hash on the Blockchain with some metadata associated.
  2. The original creator can now share the file through any online service or even offline by using any device.
  3. Multiple peer-to-peer transfers happen with the file until the last recipient receives the file and uploads it to its own Salesforce Org to verify the original creator of the file and others users who are also sharing the same file.

One practical example is Bill of Lading (B/L) which is issued by the carrier. Our software will verify to other stakeholders of the supply chain if the B/L file they have uploaded into their own Salesforce Org is the one that was originally created by the carrier.

2] QR CODE TRACKING

QR codes also known as Quick Response Codes, are two-dimensional bar-codes that can be read through smartphone camera to directly open a website. QR Codes have been used in inventory management and manufacturing to get information about price, serial numbers, part numbers, dates, etc. but Neurored’s QR Code Tracking application can do much more than just getting information about inventory.

Neurored’s QR Code Tracking module allows businesses to track cargo when the shipments are going through different organizations. The main advantage of having a QR Code module is that it has the capability to upload and update the data every time the code is scanned. Our software generates a QR code associated with the token on Blockchain associated to any record on your Salesforce Org, for example, shipments or cargo. The QR Code will then be printed and attached to cargo as well as documents in order to track GPS positions where ever the QR Code has been scanned.

QR Codes can be scanned from any direction providing 360-degree scanning. They can store 100 times more information than the conventional horizontal bar-code and helps in reducing cost as it doesn’t require investment in heavy scanning machinery. Implementing such QR Codes on blockchain is what makes QR Code Tracking application unique. Neurored’s specific focus on QR Codes for Supply Chain Tracking and its secure integration with the Salesforce environment and BlockChain makes it a robust Supply Chain solution.

3) BLUETOOTH LOW ENERGY (BLE) BEACONS TRACKING

Neurored can also work in tandem with IoT technologies for helping businesses with powerful real-time cargo tracking solutions. As an example, Neurored’s software aims to run shipments with tokenized BLE Beacons. Beacons are battery powered small Bluetooth radio transmitting devices. They transmit radio signals on a regular interval and Bluetooth enabled devices can scan and display those signals once the beacon is within the range. BLE Beacons transmit a small amount of data in regular time frames which consumes less power, hence the name Bluetooth Low Energy.

The BLE Beacons are attached on the cargo of the shipments which allows businesses to track GPS positions, temperature and many other parameters through any Bluetooth enabled devices including mobiles, tablets, and Wi-Fi/Bluetooth access points.

BLE beacons are an innovative cargo tracking solution which can also be read without being in direct line of sight. These beacons are very cost effective and require minimum effort for installation. Neurored’s focus on the Salesforce Platform for delivering more customized solutions to their customers is what makes us unique.

Does your business need to improve its tracking? Get a live demo by connecting with us here!

Global Logistics for Amazon powered by Salesforce

Neurored APP conceptualization to automatically monitor and manage your inventory levels, issue reorders automatically, allowing you to maximize your margins and reinvest in your bigger future with Amazon.

Neurored APP conceptualization to automatically monitor and manage your inventory levels, issue reorders automatically, allowing you to maximize your margins and reinvest in your bigger future with Amazon.

Amazon’s massive and consistent growth over its short 25 year history is firmly rooted in Supply Chain Optimization.

Having morphed from an inventory-heavy book seller, Amazon has developed a supply chain that brings parity to the consumer, while simultaneously reducing the burden of supply chain management for its suppliers.

You might think of Amazon suppliers (third party sellers for Amazon) being small businesses (SMBs), and as the Pareto Principle states, that’s true for 80% of them, likely even higher.

But a little known fact of the Amazon Marketplace is that some of the world’s largest manufacturers of goods, from electronics, to …, from B2C to B2B, these manufacturers are beginning to outsource a great deal of their supply chain, directly to Amazon.

How does it work?

Let’s take an example.  Say COMPANY PIKA-LAPTOP manufactures their electronics in Asia, and their customer base is largely located in the United States, and is a mix of retail consumers and business consumers.

PIKA-LAPTOP is shipping hundreds of 20′ containers from Asia to America every year.

These containers must be transferred from factories, to ports, to vessels, to trucks or trains, to distribution centers.

These distribution centers require large buildings, advanced technologies, and of course, staff.

But this is only half of the supply chain for PICKA-LAPTOP.

Because orders must be received, product picked, shipments released and delivered.

These activities are very costly, and heavily dependent on third party logistics (3PLs).

Amazon saw this opportunity early, but also appreciated the complexity of logistics.

So they tackled the problem from last mile delivery first, and gradually worked their way back towards product sourcing.

Today, suppliers (third party sellers for Amazon) have the luxury of Amazon’s Seller Central technologies, which empower suppliers to plug their supply chain operations software directly into the Amazon Eco-system.

Take for example how customers of Neurored, a Global Supply Chain & Transportation Management app built native on the Force.com Cloud Platform by Salesforce.com, leverage Neurored’s Amazon Fulfillment Integration.

Suppliers (third party sellers for Amazon) create shipments to Amazon Fulfillment Centers digitally.  This process enables suppliers to choose their own shipping partner, or leverage Amazon’s transport partners network directly.

Suppliers receive automatic notifications of inventory receipts, as well as orders, fulfillment, damaged goods, return claims, you name it, all electronically communicated back into their Neurored Supply Chain & Transportation Management app.

Amazon’s even released Artificial Intelligence capabilities, which literally applies predictive modeling as it makes next-best-action recommendations for suppliers to take next in order to optimize their inventory levels.

Here we are in 2018, and Amazon has already created a seamless supply chain solution for even the largest suppliers, on a global scale.

And they will continue to reach all the way back to the original manufacturing sources, just give them a little more time  

Imagine a life where your app can automatically monitor and manage your inventory levels, issue reorders automatically, allowing you to maximize your margins and reinvest in your bigger future…now realize that future is already available today!

Contact us for a personalized live demo of our Amazon Solution for Global Supply Chain and Transportation management here.

BlockChain for Commodities Tokenization

In recent years, technologies such as Blockchain are revolutionizing our society at an exponential speed. In just 10 years, Blockchain went from being essentially what supports cryptocurrency transactions to a technology with diverse applications for countless businesses. Naturally the Supply chain and Logistics industries have developed use-cases solving intricate issues that companies have been facing.

 

Neurored uses blockchain to tokenize commodities thereby digitalizing the Global Supply Chain.

Neurored is the leader in delivering real production environments of Blockchain technologies for Global Trade, leveraging the unique combination of the leading cloud platform, Force.com and the leading permissioned blockchain technology, Hyperledger Fabric. Our solutions, described below, enable global trading partners to operate with a susbtantial level of trust, while simultaneously avoiding commercial fraud exposure that is unavoidable in equivalent paper-based processes or unsecured digitized processes.

Commodities Tokenization (Digital Assets):

By taking advantage of Hyperledger Fabric, Neurored’s platform allows to tokenize commodities by leveraging the security that Blockchain provides. Indeed, trading companies can incorporate key documents to Neurored’s secure Hyperledger, saving them both a great amount of time and money by exchanging a trustworthy proof of ownership.

For instance, one application involves the tokenization of Negotiable Warehouse Receipts (WR) issued by authorized warehouses. This process therefore accelerates the trading of commodities stored in a warehouse, without requiring any movement of the assets themselves. Digitization of WR encourages trading partners to make secure transactions (WR endorsements) of commodities stored in warehouses and other storage facilities such as silos. Trust between trading partners is based on the digital process and the technology itself, which makes actual commercial fraud impossible. In a similar way, Bill of Ladings (BOL) issued by Break Bulk Shipping Lines can be tokenized to accelerate trade of commodities in transit on vessels.

Secure Marketplaces:

Neurored also develops custom marketplaces for its customers in which sellers and buyers can trade commodities through the exchange of these tokens. Our Blockchain ledger of published prices (sale and purchase prices), availabilities, quality parameters, schedules and orders, encourages trading partners of commodities marketplaces to trade in a safer way.

In addition our marketplaces seamlessly enables demand and supply of products to meet by agreeing on such terms as price, availability and quality. By requesting the contribution of a trustworthy third party (e.g. inspection service, warehouse management service etc.) to certify the agreed-upon conditions, the exchange of goods can be carried out in a reliable and unbiased manner.

Secure Factoring:

Neurored has also built a Blockchain ledger of trade documents (Order, Invoice, BOL…) and related approval processes which enables traders provide financial institutions more trust over their commercial operations in order to obtain better discount rates for their factoring operations.

 

At Neurored we have an indefatigable desire to innovate and bring organizations involved in Global Trade the tools allowing them to do business in a highly cost-efficient and sustainable way, as well as gain competitive advantage by implementing state of the art technologies. Blending blockchain into our cloud platform, thereby enabling an easy navigation between the physical and digital dimensions of a business, is just one of the innovations we have conceived.

Get a live Demo by contacting us here.

Collaboration With Top Logistics Technology Providers is Crucial

Gaining efficiency in today’s trucking and logistics market means leveraging the best technology at your disposal, and visibility is the key to true efficiency. Visibility no longer means simply tracking shipments—modern technology allows us to access all kinds of information at the exact moment we need it. That means instant access to visibility across the full shipment workflow, and the ability to share that information across your supply chain. That means competitive advantage, but it also means that failing to achieve that level of visibility puts companies at an extreme disadvantage.

A major component of enabling that level of visibility is the strength of the network integrated into the solution itself. Neurored chose to partner with project44 for several reasons, one of them being the outstanding quality of p44’s carrier network. As a TMS, supporting as many carriers as possible is extremely advantageous. We want to ensure that our customers have the best options available to them at all times, and project44’s network allows us to do that.

This network strengthens the functionality we have built into our TMS. By ensuring that we’re receiving high-quality visibility data from project44 and their carrier network, we’re ensuring that our advanced functionality is utilizing the best data available. Having progressive, modern technology is crucial in today’s trucking and logistics landscape, but it has to be fed with the best data in order to function at full capacity. That’s why collaboration is so important in today’s trucking and logistics landscape.

Collaboration Among Tech Providers Enables Supply Chain Visibility

More connectivity within the supply chain means more companies are able to collaborate, share information back and forth, and create efficiencies and visibility. There is a real effort among top technology providers to work together and leverage each other’s technologies in order to strengthen their own, giving customers better experiences overall. Neurored partnering with project44 is a prime example of that kind of collaboration, and the international reach of this partnership makes it even more significant.

Neurored Supply Chain Integration Hub

Neurored Supply Chain Integration Hub

Neurored Supply Chain Integration Hub

How can I achieve better, even digitized, communications between my customers and suppliers through my supply chain?

Neurored enables you to share digitized information with all stakeholders throughout your supply chain. Integrations can be quickly activated through dynamic interface alternatives such as direct connections (web-services, databases, even flat files), middleware (ETL tools), systems (ERP, E-Commerce, CRM …), log-techs (INTTRA, TRAXON, Project44,…) and supply chain partners (Customers, Partners, Suppliers, Carriers) in order to achieve better collaboration and global supply chain visibility.

Can Freight Forwarders benefit from the Neurored Supply Chain Integration Hub?

Freight forwarders like Europartners or Pak2Go push into their SAP system invoices drafted on Neurored, where all the commercial and logistics activity takes place in an integrated way with carriers, thanks to integrations with Log-tech services like INTTRA, TRAXON, Ocean Insights and TruckStop.

Can Manufacturers benefit from the Neurored Supply Chain Integration Hub?

Leading cement trader Lafarge Holcim synchronizes their counterparties account information between their SAP system and Neurored, where all the sourcing, commercial and shipment activities take place.

Can Traders benefit from the Neurored Supply Chain Integration Hub?

Leading heavy equipment auction company, Ritchie Bros, push overseas shipment orders into Neurored, where they can manage all international transport quotation, execution and tracking from Neurored. Leading provider of on board products for major consumer air-lines, Kaelis, manages of all their systems with native apps on the Salesforce Platform (ERP -Sage Business Cloud Financials, CRM – Sales Cloud and SCM – Neurored).

Horse1, a leading provider of horse nutrition information and products, has a tight integration between the Sage on premise solution and Neurored for managing Accounts, Invoices, Inventories, Purchase Orders and Sales Orders. Customer Management and Inventory Replenishment processes are also managed by Neurored, taking advantage of our supply chain predictive analytics models which calculate reorder levels based on historical demand. Sales Orders and Purchase Orders are created on Neurored and automatically pushed into Sage.

Engineering company Aire Limpio also leverages seamlessly tight integration between a Sage on premise solution and Neurored. Budgets are created on Sage, where all their Product Master Catalog is maintained. Neurored extracts budgets from Sage in order to feed all of the commercial and supply processes managed on Neurored.

Can I have a free trial and explore the Neurored Supply Chain Integration Hub for myself?

Yes, absolutely!  Get it now by clicking this link!

 

6 Key Benefits of Cloud Logistics

6 Key benefits of Cloud Logistics - Neurored

6 Key benefits of Cloud Logistics – Neurored

Illustration of Neurored’s platform integrating best-in-class partner services within a collaborative framework for Global Trade and Logistics.

Neurored Cloud Logistics delivers these 6 key advantages for 3PLs, Traders, and Shippers:

1.- REAL-TIME TRANSPORTATION SCHEDULING, PRICING, AND BOOKING.
Transportation schedules and pricing are as volatile as they are unpredictable. Adjustments on-the-go can make or break your yields. Cloud Logistics bring more optimal freight rate selection to search, compare and select the best freight rates for executing transport. INTTRA, FREIGHTOS, TRAXONTRUCKSTOP and PROJECT44 combined with the Neurored solutions empower our customers to trade with unlimited Carriers in all possible modes of Transport (Ocean FCL/LCL, Air, Road FTL/LTL, and Railway).

2.- REAL-TIME INVENTORY AND CARGO STATUS WITH RFID AND IoT TECHNOLOGIES.
RFID (Radio-Frequency Identification) is a keen example of how Cloud Logistics can take technologies to a new level. RFID is the use of radio waves to read and capture information stored on a tag attached to an object from up to several feet away, and it does not need to be within direct line-of-sight of the reader to be tracked. RFID integrated with Cloud Logistics means all those tags can be uploaded to the Cloud to keep updated real-time inventory and equipment monitoring. TURCK VILAN RFID systems combined with Neurored solutions are reaching new levels of performance on real-time inventory management.

3.- MULTIMODAL GLOBAL SUPPLY CHAIN VISIBILITY.
Global visibility means that all of the stakeholders, from suppliers, trading partners, carriers through to your customers, all have access to the same view of the transaction as it flows through each step of the supply chain. Cloud Logistics solutions increase the granularity of what can be known about a shipment at any time, from any device, featuring a push/pull service of global track and trace. Neurored leverages OCEAN INSIGHTSTRAXON, TRUCKSTOP, and PROJECT44 to consolidate and evaluate tracking events from multiple Carriers to help our customers stay on top of things, whether for day-to-day operations or for strategic decisions.

4.- SOURCING / TRADING SYNCHRONIZATION.
In Cloud Logistics, everything happens online. This means that your sourcing requests can be delivered on a massive scale to many potential suppliers because it can be managed programmatically. For example, you can send a single sourcing request to dozens, even hundreds of potential suppliers, and conduct your evaluation and sourcing process through an online auction.

5.- TRUSTED TRADE FINANCE.
Trade Finance innovations arising from Blockchain technology are enabling a new solid trust in financial transactions between trading counterparts. This combines with Cloud Logistics solutions, delivering an impactful reduction of costs as the transaction requires less financial parties and it accelerates documents verification. EBURY is the Neurored’s partner for providing our customers B2B Cross-Border payments for Trade Financing.

6.- DEVELOP YOUR OWN SUPPLY CHAIN NETWORK.
Cloud Logistics enables the developing of your own supply chain network through collaboration. This is implemented through communities, which grant access to customers and partners -and their respective customers- to quotation, order fulfillment, paperless interchange of documents or global track and trace, among the most relevant. These collaborative interactions quickly result in a supply chain network with clear benefits on efficiency, productivity and customer service.

Contact us for further discussion on Cloud Logistics.