Savi Networks was formed to improve the efficiency and security of global trade. The importance of Savi Networks’ mission is constantly increasing given the challenges, risks, and opportunities of global trade.
The result of globalization is that manufacturing locations and end consumption are spread across the globe – tied together by complex supply chains. Shipment security and supply chain execution are defining the companies to trust – by consumers, business partners, and investors. Yet the ERP and supply chain systems most companies have in place are not equipped to manage the new complexities. Savi Networks is helping supply chain executives bridge the gaps between traditional decision support systems and 21st century supply chain challenges.
Savi Networks operates SaviTrak™, an intelligence service used to improve the financial performance of customers by enabling more effective flow of inventory through the global supply chain. SaviTrak™ utilizes a reliable network of wireless Automated Identification and Data Collection (AIDC) equipment and software to provide shippers, logistics service providers, and terminal operators with precise and actionable information. The information is used to identify both real-time and systemic shipment and inventory issues and then make appropriate decisions. SaviTrak™ provides solutions in the following domains:
- Supply Chain Execution
- Environmental Monitoring
The global Network accommodates multiple technologies used to manage inventory in the supply chain – such as barcodes, EPC-compliant passive and active RFID technologies, Global Positioning Systems (GPS), Cellular, and Satcom.
Savi Networks is a joint venture between:
- Lockheed Martin [NYSE:LMT]: A global security and information technology company.
- Hutchison Port Holdings (HPH): The world’s largest ocean port terminal operator and developer, and part of Hutchison Whampoa Limited [HKSE: 0013.HK] – a global conglomerate and leading telecommunications company.