SmartLoC, a pioneering German start-up specialising in B2B payment solutions based on IoT data derived from direct monitoring of shipments, is thrilled to announce its recent victory in winning the highly esteemed 2023 Physical Internet Start-up Award. This accolade recognises SmartLoC's groundbreaking contributions to the field of supply chain innovation, solidifying its position as a trailblazer in revolutionising the B2B payment sector.
The Physical Internet Start-up Award, bestowed annually, honours start-ups, companies and organisations that demonstrate exceptional achievements in advancing the concept of the Physical Internet. This concept envisions a seamlessly connected and interoperable global logistics network that enables the efficient movement of goods, reduces waste and CO2 emissions, and optimises supply chain operations. SmartLoC's win can be attributed to its transformative technology and innovative approach in integrating IoT data and payment solutions into the supply chain ecosystem.
SmartLoC's solutions
The company's revolutionary system enables real-time monitoring of shipments, providing accurate and actionable data for companies involved in international trades to streamline operations, optimise routes, and enhance overall efficiency. By leveraging cutting-edge IoT devices and advanced analytics, SmartLoC empowers businesses to make informed decisions, reduce costs, and minimise risks in their supply chain processes. This recognition highlights the significant impact that SmartLoC's solutions have on driving the digital transformation of the logistics and payment industry.
SmartLoC empowers businesses to make informed decisions, reduce costs, and minimise risks
Mrs. Britta Balden, CEO of SmartLoC, expressed her gratitude upon receiving the award, stating, "We are truly honoured to be recognised with the 2023 Physical Internet Start-up Award. This prestigious accolade validates our commitment to innovation and our vision of a connected, efficient, and sustainable ecosystem. We believe that the Physical Internet represents the future of supply chain management, and we are proud to be at the forefront of this transformative movement."
SmartLoC's commitment
The Physical Internet Award selection committee commended SmartLoC for its pioneering spirit, disruptive technology, and positive influence on the logistics landscape. SmartLoC's commitment to driving efficiency, sustainability, and improved visibility within the supply chain resonated strongly with the judging panel, ultimately leading to its well-deserved victory.
SmartLoC's win of the 2023 Physical Internet Award serves as a testament to the company's dedication to redefining how B2B payments are managed and executed through cutting-edge technologies and data-driven solutions. This recognition positions SmartLoC as a thought provider and industry influencer, paving the way for future advancements in the realm of supply chain optimisation and B2B payments.