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ARM and AWC SIGNED

Disrupting Global Trade Risk Management & Working Capital Solutions

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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 ARM and AWC project word cloud

Explore the words cloud of the ARM and AWC project. It provides you a very rough idea of what is the project "ARM and AWC" about.

physically    establishing    commercializing    time    solvent    consequently    route    ground    collected    arm    paper    financing    exporters    global    freight    importers    hence    transaction    reporting    ing    window    disfunction    entrance    awc    newcomers    risk    ago    barrier    transport    centuries    compute    leverage    offers    cargo    shipment    damages    profile    history    fragments    parties    trade    services    involve    tool    medium    owners    leveraging    80    mean    cloud    integrating    supply    models    big    service    market    impacts    business    provides    data    alerts    entry    chains    visibility    ballasting    network    flexibility    operators    carrier    players    arviem    trails    lowering    timeliness    give    accessible    poor    chain    size    negatively    breaking    historical    decision    siloed    monitoring    assessments    fair    logistic    first    tools    updates    designed    capital    pricing    technologies    investors    currents    dynamic   

Project "ARM and AWC" data sheet

The following table provides information about the project.

Coordinator
ARVIEM AG 

Organization address
address: HALDENSTRASSE 3
city: BAAR
postcode: 6340
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Switzerland [CH]
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-12-01   to  2020-03-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ARVIEM AG CH (BAAR) coordinator 50˙000.00

Map

 Project objective

Currents supply chains were designed centuries ago resulting in high of disfunction, damages and costs. Consequently, the system fragments and siloed the information between the parties within the logistic network, promoting a poor end-to-end data timeliness which often involve paper-based transaction trails and updates . This negatively impacts on risk assessments of each shipment. Hence, the trade financing is not accessible for the 80% importers/exporters due to its high costs, ballasting their working capital flexibility and becoming an entrance barrier for newcomers.

Arviem is currently commercializing a cloud-based service which provides a global real-time visibility of any cargo, monitoring with alerts, reporting and in-route shipment history integrating physically the whole supply chain. Based on the historical and dynamic data collected from our current business and leveraging Big Data technologies and low-cost cloud compute models, we will bring to the market two ground-breaking tools: • Arviem Risk Management (ARM) provides a solvent risk assessment profile about any freight shipment to support the decision-making of cargo owners about route, time window, transport mean and/or carrier type. • Arviem Working Capital (AWC) offers for the very first-time trade financing services between exporters/importers and investors, establishing fair pricing for financing each trade according to the reliable risk assessment provided by our ARM. This will allow the entry of new medium size operators as it will give a leverage tool for the current players by lowering their working capital needs through investors.

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The information about "ARM AND AWC" are provided by the European Opendata Portal: CORDIS opendata.

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