|By Business Wire||
|January 9, 2014 08:04 AM EST||
Mojix announced that BP won first place in the Energy sector from the 2013 European Supply Chain Excellence Awards for its ground breaking supply chain system to track global movement of construction materials for a multi-billion dollar double platform to be deployed in the North Sea. It’s a vast operation involving 150 suppliers across Europe, with construction occurring in South Korea. BP’s Track & Trace system is a cutting edge solution powered by Mojix RFID and GPS technology. It provides complete supply chain visibility in real-time, giving BP the insight into the whereabouts of materials from the time they leave the suppliers, through multiple transport and storage points, to their final destination at Hyundai’s construction site, giving BP more control over the supply chain, costs and project timeline. Tracking data is available to everyone in the project via a web portal enabling the project team to determine where any piece of equipment is moving or being stored at all times.
BP has reaped multiple benefits from the increased visibility, including no lost or missing equipment and no time wasted searching for materials. The process of construction planning and implementation has been completely streamlined. Going forward, supply chain performance data collected will enable continuous improvement in planning.
The Track & Trace solution was provided by Mojix, a Los Angeles based company.
BP is one of the world's leading international oil and gas companies. Through its work it provides customers with fuel for transportation, energy for heat and light, lubricants to keep engines moving, and the petrochemicals products used to make everyday items as diverse as paints, clothes and packaging.
BP operates in over 80 countries and has nearly 86,000 employees.
Mojix is the leading technology and solution provider for wide-area RFID networks with unique passive RTLS capabilities which provide organizations with visibility of any object, item, case, product or asset in their supply chain. Providing the only wide-area passive RFID reader on the market, Mojix locates tags across large physical areas to significantly improve an organization’s ability to manage its production and logistical processes at a lower TCO. Unlike conventional passive RFID systems that are limited in coverage area and read range, and active RFID systems that require costly battery-operated sensors, Mojix offers the best of both worlds: active RFID capabilities with passive RFID economics.
About European Supply Chain Excellence Award:
The European Supply Chain Excellence Awards were launched in 1997 as an initiative to recognize and reward organizations in Europe that demonstrate excellence in their supply chain operations. These Awards are renowned for the rigor of the judging process which also provides valuable feedback for entrants. The key objectives of the awards are: To recognize outstanding achievement in supply chain management across Europe and to reward those companies who have attained the highest standards.