SaviTrak(TM) Enables Real-Time Management of the Location, Security and Condition of Global Shipments, Including LCD Flat Screens
SEOUL, South Korea, Dec. 12 /Xinhua-PRNewswire/ -- PNL Networks Co., Ltd. (PNL), the technology arm of global logistics service provider PNL Group, today announced it has contracted with Savi Networks to enable PNL to offer its customers advanced logistics services, based on wireless monitoring technology. The contract calls on Savi Networks to provide the SaviTrak(TM) information service to monitor, in real-time, container shipments filled with products such as liquid crystal display (LCD) television screens that are transported across more than two dozen tradelanes spanning the globe.
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SaviTrak empowers users to more effectively manage the physical execution of their supply chains by providing actionable information in real-time. SaviTrak processes real-time data feeds from wireless monitoring technologies, on the location, security status, and environmental status of shipments.
"In addition to providing us with a competitive edge, SaviTrak will help us to address vital security concerns by sharing better and timelier information with our customers and potentially government officials, such as Customs authorities," said JI Lee, president, PNL Networks.
"With SaviTrak, PNL and its customers can instantly access critical, decision-support information on their global shipments," said Chee Kean Lim, senior vice president, International of Savi Networks LLC.
PNL Networks Co. Ltd. provides comprehensive commercial cargo visibility and security tracking services for the Korea international trade market. Through a partnership with Savi Networks, PNL Networks is leveraging an existing global Radio Frequency Identification (RFID) network that is complemented with Global Positioning (GPS) systems and other wireless technologies to offer pay-per-use, real-time information visibility, security and cargo integrity information for the Korean market.
Savi Networks LLC provides SaviTrak(TM), an information service that is used to manage in-transit inventory in real-time with automated information and analytics, derived from wirelessly captured data on the physical location, security status, and environmental condition of inventory. Savi Networks is a joint venture between Savi Technology, Inc., a Lockheed Martin (NYSE: LMT) company, and Hutchison Port Holdings. To learn more about Savi Networks, visit: http://www.savinetworks.com .
