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ARM and AWC SIGNED

Disrupting Global Trade Risk Management & Working Capital Solutions

Total Cost €

0

EC-Contrib. €

0

Partnership

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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.

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

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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