TraceSafe Inc. (CSE:TSF) has announced the launch of Thermosense, its first product in the sustainability vertical that can help reduce waste and cut costs in the supply chain of temperature-sensitive goods.
"Millions of dollars are lost every year in food and medical waste, impacting everyone in the supply chain of temperature-sensitive goods. Thermosense is a simple yet powerful solution that will help several industries cut down losses and waste caused by a lack of real-time visibility on temperature data,” said Wayne Lloyd, TraceSafe CEO, in a statement.
Thermosense will reduce lost loads and chances of rejected goods that often impact profitability for industries that typically rely on an unbroken cold chain such as dairy, frozen meats, and pharmaceuticals, the company said.
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The mobile platform can record and relay real-time and historical temperature data from TraceSafe's Sensor Tags, ensuring quality, compliance and sustainability in the supply chain.
“We are confident that Thermosense will effectively replace manual record-keeping that compromises the compliance and quality of food and medical goods, representing a critical solution in an environment of growing global food and biomedical insecurity," Lloyd added.
TraceSafe provides Internet of Things (IoT) solutions, transforming large-scale industrial and enterprise operations with unique wearables, industrial-grade sensors and award-winning analytics platform. Thermosense is part of the company's new strategic initiatives to help organizations measure and reduce their carbon footprint.
Contact the author at jon.hopkins@proactiveinvestors.com