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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.

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

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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