In June, 400 participants across the transport, supply chain and logistics global community discussed the problems within the supply chain and logistics systems and offered their Physical Internet solutions.
It was the 8th annual IPIC (International Physical Internet Conference) and LimeLoop’s Co-founder and CTO, Chantal Emmanuel, presented LimeLoop’s pitch: Powering Reuse for Retailers.
Physical Internet, Supply Chain & Logistics?
The Physical Internet acts as a roadmap between brands, fulfillment, transportation, and consumers applying the principles of the Internet to logistics. In practice, the Physical Internet serves as a global, open, interconnected network, using a set of collaborative protocols and standardized smart interfaces.
The Physical Internet is, then, integral to the future of transport, supply chain and logistics because of its enhanced systems, tech, and physical layout of distribution networks. This year’s award comes at a time when retail and ecommerce are evolving to incorporate sustainable and circular supply-chain tech to achieve greater efficiency.
Integral in developing the Physical Internet is the digitization of all available information. Because a LimeLoop Shipper may be reused over 200 times, the overall circularity of the shipper’s journey can fit within the high frequency Physical Internet model. Serving as a vessel to collect insights through IOT along the way, the Physical Internet continues to evolve the networks and distribution methods of existing hubs, transportation, last mile, etc.
LimeLoop Reusable Shippers
“One trend I noticed was an overall shared sentiment that the solution to bringing about the Physical Internet and directly related, circularity, is through a collaborative effort of shared networks and resources as opposed to everyone coming up with solutions in a siloed vacuum,” comments Emmanuel.
Other conference speakers, such as Transporeon, a cloud-based network for logistics services in Europe, stressed the importance of traceability within logistics to enable touch-points between all players.
Emmanuel adds, “Overall I was really impressed with the conference. It was a very international crowd so it was fascinating to hear a global perspective on the Physical Internet.”
The Physical Internet Start-up Award
IPIC’s Physical Internet Initiative aims to transform the way physical objects are moved, stored, realized, supplied and used, pursuing global logistics efficiency and sustainability.
Collaboration across industries is precisely what’s needed to tackle the current logistical gaps occurring in today’s supply chain. The award, tech and startup pitch validated LimeLoop’s efforts providing profit and planet for both brands and consumers.
“While it’s always nice to bring home a win for LimeLoop, after attending the sessions I know the real winner is the future of logistics,” Emmanuel states.
Invest in the Future of Logistics
LimeLoop’s WeFunder campaign is closing soon!
Since May 2021, LimeLoop has been raising money to support its mission to make supply chain and logistics sustainable. In the first month of its WeFunder campaign, LimeLoop raised $100k from 121 investors. With additional accredited investors, the raise totaled to over $930k.
“The competition and conference as a whole brought together some of the brightest minds working to make the Physical Internet a reality through shared learnings and experiences, fueling the more efficient and sustainable supply chains of tomorrow,” concludes Emmanuel.
LimeLoop’s crowd equity funding campaign is open to those interested in investing in physical internet innovations and in retail tech and innovation making supply chain and logistics more efficient and sustainable.
There’s only one week left to invest in LimeLoop through its WeFunder campaign. Take part in the next stage of LimeLoop’s ambitious growth strategy to tackle waste and frustration in the traditionally analog, single-use e-commerce and retail experiences.