Cold supply chains are imperfect and prone to complications that damage brands and result in millions of dollars of product losses. Many of these issues stem from problems occuring during transit and at handoffs. The key factor that can damage cold goods is temperature, but other factors – like light, shock, and humidity – can also harm cold products. To prevent damages, enterprises can deploy real-time monitoring platforms that can alert operators before product is lost. In this report, we developed payback models for monitoring systems in five different use cases. We found that high-value products, like vaccines, recognize very positive paybacks through investment in more advanced monitoring systems. Less valuable products, like bulk commodity foods, require high loss rates to create a strong business case for next generaiton monitoring solutions.
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