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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.

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

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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