Planning and Regulation of Value-Adding Networks by Integrating Smart Objects and Smart Finance Approaches (SOFiA)
Within a value-adding network a delay in the planning process of a sea freight shipment occurs. The sea freight container will not be able to reach the planned vessel. This leads to a short-term replanning, rebooking and payment. This scenario describes the classical and time-consuming day-to-day routine in the logistic and supply chain control. With the help of innovative smart objects and smart finance technologies, the container becomes the dispatcher itself. The container recognizes delays, analyzes handling alternatives and chooses the best transport route. Subsequently the container commissions a carrier (logistics service provider) and processes the payment via mobile business-to-business (B2B) payment technologies in real time. The logistical objects are equipped with all logistical and financial information in order to enable a fully autonomous decentralized decision and processing. Besides this transport application, the SOFiA project also includes the fleet management of machines for harvest, transport and storage of agricultural raw material.