Deloitte, Nexxiot introduce new cargo risk management solution

Deloitte, Nexxiot introduce new cargo risk management solution

Deloitte has teamed up with Nexxiot, a leader in digitalising supply chain assets, to introduce Know Your Client with Know Your Cargo (KYX) powered by Nexxiot.

This strategic partnership is dedicated to elevating global cargo trade compliance and operational efficiency. It harnesses Deloitte’s Know Your Client (KYC) services and implementation expertise alongside Nexxiot’s asset intelligence technology and trusted Client Information Network Intelligence (CINFONI) platform.

Nexxiot’s sensor network and Artificial Intelligence (AI) capabilities are built to identify supply chain inefficiencies, leading to reduced uncertainty and operational cost savings. Deloitte’s role in this collaboration is to serve as the integration partner responsible for implementing these digital transformations.

READ: Nexyst 360 utilises Nexxiot technology to digitalise 5,000 grain transport containers

“The strategic partnership represents a significant step forward for supply chain participants,” said Stefan Kalmund, Nexxiot CEO.

“It will accelerate the adoption of fleet-wide technologies, fostering visibility, transparency, and operational excellence.”

Deloitte’s James Yearsley, Lead Partner for the Transportation, Hospitality, and Services Sector for North and South Europe, underlined the partnership’s goals: “Through this partnership, we aim to set a new global standard for KYX services, benefitting all stakeholders in the logistics sector, including trade finance, banking, and insurance.

“Deloitte and Nexxiot offer new services based on real-time data, covering all aspects of KYX from door-to-door, internationally.”

In May of this year, Nexxiot, released Scope AI, an AI-enabled product designed to facilitate contextualised decision-making.

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