Managing Director Aleksander Stensby comments: “The recent volatility in commodity pricing and supply disruptions require industry players to not only plan for resilience, but to have complete visibility of assets across the globe and be able to adjust plans with material interdependencies in mind. We see that by having a real-time ‘commodity tree’ factoring in all activities and changes across the supply chain, companies can collaborate more effectively and better focus on proactive risk management.”

The release, titled Aggregated Inventories enables its customers to create a big picture view of commodities and materials across locations and drill down into the finer details. The expansion further strengthens CargoValue’s position as the backbone of supply chain management for its users.

About Klaveness Digital

Klaveness Digital is a Norwegian technology company on a mission to bring shipping and logistics into the future. They develop intelligent solutions using the latest advances in machine learning and artificial intelligence, to solve the everyday challenges that the world's largest industrial companies face.

The companies’ flagship product, CargoValue, is a Software as a Service (SaaS) solution that provides industrial companies with a digital twin of their seaborne supply chain. The platform improves supply chain management by delivering real-time visibility, improved transparency, and fostering collaboration between stakeholders involved in the planning, scheduling, and production processes.