The Current State
The cold chain is the logistics network that uses refrigeration to provide uninterrupted, temperature-controlled transport and storage of perishable goods from producer to consumer. It impacts human life every day – helping to ensure that the foods we eat reach tables around the world, and medications can be safely moved for patient use and clinical trials, all while helping to alleviate global hunger and reduce the environmental and societal impact of food waste. Carrier and AWS understand that reliable, accessible cold chain technology is vital to help preserve, protect and deliver foods and medicines; reduce food waste; and care for a growing planet.
475 Millions
Tons of lost food could be saved with refrigeration each year1
~35 Billion
Annual cost of temperature-controlled logistics failures in the biopharma industry2
The Opportunity
Today’s cold chain is fragmented with different providers and technologies at each stage of the supply chain, meaning limited visibility into the location, condition and handling of goods while en route and significant risk of temperature fluctuations from human error, equipment malfunctions and external events.
The Applications
Lynx™ Fleet
Lynx Fleet offerings will intelligently monitor connected refrigeration systems from anywhere in the world, providing vital information through a centralized data stream and improved visibility for asset owners, producers, drivers, fleet managers and retailers on the products being transported and the delivery modes transporting them.
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Lynx Logix™
Get the insights you need to be proactive with Lynx Logix – an advanced, IoT-enabled solution powered by AI and machine-learning that can help you make data-driven decisions to mitigate disruptions and optimize supply chain performance. Optimize risk-to-cost ratio in product distribution and automatically map lanes and predict risks for each segment, ensuring a more resilient supply chain. Get a demo today!
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The Outcome
By enhancing visibility, resiliency, agility and efficiency in the cold chain, the cloud-connected Lynx digital platform helps reduce loss and support real-time decisions, ensuring foods and vital medications safely reach people who need them around the world.
Reduce Food & Medicine Loss
Optimize Supply Chain Logistics
Increase Resilience to Disruption
Enable Environmental Sustainabilty
End-to-End Supply Chain Visibility, Control and Intelligence
For more information about Lynx or the connected cold chain, please reach out to a Carrier Refrigeration Expert
Lynx Digital Solutions
Carrier’s Lynx digital platform, developed in collaboration with AWS, will apply advanced IoT, machine learning and analytics technology to connect the cold chain in the cloud, automate key processes and deliver real-time visibility and insights throughout the cargo’s journey. Lynx will help Carrier customers to optimize cold chain operations, decrease energy use and enhance outcomes with reduced costs, delays, cargo loss and spoilage in transit.
Infographic
Press release
Sources:
1. International Institute of Refrigeration
2. IQVIA Institute