PRZOOM - /newswire/ -
Toronto, Ontario, Canada, 2013/07/23 - Nulogy and Axios Mobile Assets (Axios) have entered into a research and development alliance to explore the next generation of traceability in the supply chain - Nulogy.com.
Traceability is of the highest importance within the extended supply chain. As manufacturing and packaging get outsourced, it is becoming increasingly difficult to quickly and accurately validate the true source and route of products being distributed globally. At the same time, governments and brands are constantly making regulation and rules surrounding the management of consumer products stricter and more encompassing.
Nulogy has been pioneering solutions that improve traceability within contract manufacturing and packaging environments with such patent-pending innovations as Intelligent Code Generation, real-time transactional integration, and single-click recall. Axios has been innovating advanced new mobile asset technology that can provide previously unattainable tracking and event-driven data collection such as the temperature, humidity and damage status of products at time of delivery, at a fraction of the cost of a comprehensive telematics solution. Axios’s patented composite-based pallet allows its clients to earn carbon credits as it travels throughout the supply chain, thus helping them achieve Corporate Social Responsibility and sustainability targets at no incremental cost. Both Nulogy and Axios provide traceability and visibility through web-based cloud computing technology.
“Nulogy is excited to be collaborating with another visionary solution provider to design a more capable and efficient future state for the supply chain,” said Sean Kirby, the Chief Architect of Nulogy’s research and development activities. “Key aspects of the supply chain have not changed in decades making for tremendous opportunities for disruptive change,” stated Richard MacDonald, CEO of Axios. “We look forward to working with Nulogy to develop solutions for these new possibilities.”
Axios Mobile Assets Corp. is a logistics enabler, featuring next generation, composite pallet technology, which can be bundled with its proprietary tracking and information system that helps improve the value chain in the logistics market. The Axios bundled offering is gaining market acceptance based on its unique attributes: lower total cost, longer useful life, customized configurations and a revenue stream through carbon credit generation, monitoring and the monetizing of carbon emissions reductions. Axios was incorporated under the Business Corporations Act (Ontario) and is a reporting issuer in the Province of Ontario. Axios is traded on the Canadian National Stock Exchange (CNSX) under the symbol AXA.
Axios Press Relations: Michelle Culver - Lambert, Edwards & Associates Public Relations
E: mculver[.]lambert-edwards.com - P: +1 313-309-9505
Nulogy (nulogy.com) is the pioneer and leading provider of Contract Packaging Management Systems globally. Nulogy has won industry and technology awards for its innovative use of technology to automate processes, improve responsiveness, and increase competitiveness for its clients. The company’s cloud-based solutions have reduced costs, enhanced customer service, improved compliance and quality, and raised revenues in the supply chains of Fortune 100 brands around the world. Every day, millions of dollars of consumer products are processed by Nulogy’s software across a broad range of market segments including food, beverage, consumer goods, pharmaceutical, high-tech, and hard goods.