P3 Well-connected region
3.1. Improved transport flows of people and goods
01.09.2016 - 31.05.2020
€2 191 918
€1 700 304
The management of manufacturing, supply chain, logistics, and transportation industries are facing a substantial change, as new technologies are constantly developed. The change will affect how logistics providers of all sizes operate. Transportation cost and delivery time are critical aspects for most manufacturers as well as using technology to make transportation more efficient to help reduce overall costs and delivery time. Hence it is crucial for transportation management services, warehouse management systems, and other aspects of logistics to take Internet of Things (IoT) systems on board.
The project develops and tests IoT-solution within the logistics sector and logistic companies across the two corridors; ScanMed and North Sea-Baltic. The new solution will optimise all aspects of their integrated services (transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding) by creating a blockchain ledger for sharing the cargo transport status and location information across the transport corridors and giving companies access to vast amounts of anonymized data outside an organization.
This results on decreased operational costs of the companies as well as reduced time of delivery of goods.
Partner budget: 1.353.067 EUR
Amount of ERDF funding: 1.014.800 EUR ERDF
Region Örebro län
Partner budget: 275.200 EUR
Amount of ERDF funding: 206.400 EUR ERDF
Transporta un sakaru institūts
Partner budget: 34.500 EUR
Amount of ERDF funding: 29.325 EUR ERDF
Partner budget: 122.300 EUR
Amount of ERDF funding: 103.955 EUR ERDF
Partner budget: 92.366 EUR
Amount of ERDF funding: 78.511 EUR ERDF
Logistika õppetool, Mehaanika ja tööstustehnika instituut, Tallinna Tehnikaülikool
Partner budget: 305.685 EUR
Amount of ERDF funding: 259.832 EUR ERDF
We will use the LPI framework to conduct a baseline survey. The targeted ScanMed- and NorthSea-Baltic corridors performance index is calculated from these indices. Another survey is conducted at a later stage in order to determine the effect of the project activities. Simultaneously, blockchain-based data is used to monitor the project activities effect from the baseline during pilot company participation. Corridors cannot be accurately measured because of the bottlenecks inherent within the structure of the corridors, i.e. train and ship timetables. Individual processes started after each transport order within the corridors can be enhanced, leading to improvements in the use of timetables.
We can simulate the blockhain data test results and extrapolate statistically valid models on how the change potential would be achieved in the near future, based on the measurements, analysis and experiences from the pilot companies.
Based on the understanding on the blockchain technology potential and the industry processes, and with the LPI 2018 indices, we project an 5% to 20% reduction in lead times in the corridors. The results will reflect the most accurate calulated lead time reduction achieved via the distributed network model.