Geolocation startup Hoopo announces partnership with Polymer Logistics

“The combination of our offering with Hoopo’s will enable perishable goods producers and retail companies to make much smarter, data-driven decisions that can help reduce cycle times as well as loss-rates of both assets and goods,” Perry said.

Hoopo’s geolocation technology measures the parameters of intercepted signals to calculate accurate geolocation both indoors and outdoors. This maintains the device’s low-power consumption and enables years of battery life, while providing useful intelligence and data on the assets in real-time.

The Polymer Logistics trial is in its first phase but has already enabled the producer to better understand the delivery routes of its produce as well as any temperature deviations during delivery.

Ittay Hayut, Hoopo’s CEO, said in the release: “This digital transformation of the supply chain is providing Polymer Logistics’ customers with ROI right now. However, our hope is that the business intelligence gleaned by connecting plastic pallets to the internet will also provide data insights that will positively transform the operations of many more businesses in the years to come.”

Looking ahead, Polymer Logistics and Hoopo are improving the functionality of the device to extend its range. This includes ensuring that the device can provide information following periods when it is offline, as well as adding cellular connectivity to offer full supply-chain visibility for high-value assets.