Blog Post


How Innovative Asset Tracking Solutions Enable Visibility For The Fine Arts Sector

Adapt Ideations • Feb 02, 2022

Keeping Track Of Valuable Fine Art.



The worth of artworks demands a high level of protection to be taken place in order to safeguard them during transport.

Photographs of flowers displayed in art gallery

Utilise innovative solutions for the fine arts industry. 


We protect the items most valuable to us such as our homes and our cars often through digital monitoring solutions and purchasing insurance. However, what about items that exhibit their value more subtly such as artworks? The value of fine arts is significant, and thus must be monitored closely to ensure its safety and that is handled and stored correctly.


Museums, galleries and exhibitions alike often insure their art pieces so at least they can claim the monetary value of the artworks in the case of mishandling, damage, theft or loss. However, would it not be more ideal to understand the status of your valuable assets in near real-time to ensure such challenges do not occur and steps can be taken to rectify them immediately when they do? With the utilisation of innovative asset tracking solutions, the fine arts industry can utilise innovative solutions enabling digitalisation and automation during transportation of artwork. 

 

Avoid Unexpected Events.

Unexpected events can occur quickly, and this is especially true when there is a lack of end-to-end visibility. The worth of artworks demands a high level of protection to taken place in order to safeguard them during transport. The pandemic has disrupted how artworks were traditionally handled during transportation to ensure their safety.


Employees would often travel with the artworks to ensure their safety and correct handling processes, which has now changed. This safeguarding strategy is both expensive and has been less feasible throughout the pandemic. With the utilisation of innovative asset tracking solutions, the fine arts industry can ensure that they have complete visibility on their valuable cargo during transportation

 

Digital monitoring devices for the Fine Arts.

Digital monitoring devices have made positive impacts across a variety of industries, and the fine arts sector is no different. Asset tracking devices utilise innovative IoT technology to ensure that companies understand where their items are and what conditions they undergo during transport.


IoT technology connects systems with data, thus digitalising the monitoring process and reduce costs associated with loss, stolen goods and damaged assets. IoT technology allows data to be transferred in near real-time thereby allowing necessary action to take place when issues arise during an artworks journey.  

 

Adapt Ideations' IoT enabled asset tracker KELVIN M200 can assist the fine arts industry in monitoring their valuable cargo. The asset tracker monitors location in near real-time and includes geofencing capabilities to ensure assets remain in set parameters. The asset tracker features temperature, light and shock sensors to detect if violations occur. This allows individuals to take immediate action, when necessary, thereby reducing challenges experienced. Increased end-to-end visibility significantly reduces the costs associated with losses and damages that occur during transport. By implementing a digital asset tracker such as Adapt Ideations KELVIN M200, the fine arts industry can reliably monitor their valuable cargo during transportation. 

 

Enquire today at enquiries@adaptideations.com  to find out how our asset trackers enhance the monitoring of high-value and valuable moving assets. 

Powerful and reliable, asset tracking and monitoring solutions.

Innovative monitoring solutions for high-value & temperature-sensitive assets.

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Awards & Recognition


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Best Temperature Monitoring Solution Provider


Awarded by India Biologics & Vaccines Outstanding Industry Awards 2022

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Adapt Ideations Recognised As A Supply Chain Leader


by Alcott Global on Supplify's Supply Chain Tech Map 2.0

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Technology Excellence in Cold Chain


Awarded at the 15th ELSC Leadership Awards


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Temperature-controlled logistics is a crucial aspect of global supply chains, particularly in the pharmaceutical industry. Maintaining the correct temperature during transportation is not just a logistical issue but also a critical factor in ensuring the safety and efficacy of life-saving vaccines and other temperature-sensitive products. As the demand for temperature-sensitive products like vaccines and biologics continues to surge, ensuring their safe transportation is paramount. Any deviation in temperature during transit can compromise the efficacy of these products, leading to significant financial losses and potential health risks. This blog delves into the evolution of temperature-controlled logistics, critical challenges faced in this sector, and groundbreaking innovations that address these challenges. With a focus on real-time monitoring through IoT solutions, we aim to showcase the advancements that contribute to the efficiency and compliance of global pharmaceutical supply chains. Evolution of Temperature-Controlled Logistics Temperature control has undergone a remarkable transformation in the last two decades. Stringent global regulations, customer demand for new temperature ranges, emerging markets with extreme temperatures, and the growing value of drugs like biologics have been essential driving forces. These factors have spurred the evolution of temperature-controlled logistics to meet the demands of a rapidly changing world. The landscape of temperature-controlled logistics is evolving, thanks to technological advancements. Trends include the growing availability of prequalified shippers simplifying the validation process, sophisticated supply chain services, a rising interest in reusable packaging, and advances in temperature-monitoring technology. These innovations contribute to the industry's ability to adapt and thrive in a dynamic environment. Temperature-controlled logistics involves managing the flow of products through a cold chain. Divided into food and pharmaceutical sectors, the global market size of cold chain logistics is projected to grow significantly. From USD 242.39 billion in 2021 to USD 647.47 billion by 2028, exhibiting a CAGR of 15.1%, the industry is expanding rapidly, reflecting its critical role in modern commerce. 3 Key Challenges in Temperature-Controlled Logistics Compliance Issues Stringent Regulatory Standards: Global temperature-controlled logistics operates within a framework of strict regulations set by health and safety authorities. Meeting diverse regulatory requirements across international borders poses a significant challenge for companies in this sector. Documentation & Reporting: Compliance involves meticulous documentation and reporting of temperature-sensitive shipments. Keeping up with the evolving documentation standards requires streamlined processes and robust systems. Validation & Qualification: Ensuring the validation and qualification of equipment and processes according to regulatory standards is an ongoing challenge. The need for continuous validation adds complexity and time constraints to logistics operations. Risks of Temperature Deviations Product Integrity: Temperature-sensitive products, especially pharmaceuticals and biologics, are highly susceptible to temperature deviations. Even brief exposure to temperature breaches during transit can compromise the integrity and efficacy of these products. Financial Implications: Temperature deviations can lead to significant financial losses for companies. Replacing or disposing of compromised products and potential legal repercussions contribute to financial challenges. Supply Chain Disruptions: Temperature deviations can disrupt the entire supply chain, leading to delays in product availability. This not only affects businesses but can have critical implications for healthcare providers and patients relying on timely access to medications. Security & Theft Concerns Value of Cargo: Temperature-sensitive cargo, such as pharmaceuticals, vaccines, and high-value perishable goods, can become a target for theft. The significant value of these products heightens security concerns throughout the supply chain. Vulnerability During Transit: The vulnerability of cargo during transit, particularly in unsecured areas, poses a constant risk. The potential for theft during transportation adds complexity to securing temperature-controlled shipments. Need for Tracking & Monitoring: Ensuring the security of temperature-sensitive cargo requires robust tracking and monitoring systems. Integrating security features, such as real-time location tracking and tamper-evident technologies, is essential to mitigate theft risks. In navigating the intricate landscape of temperature-controlled logistics, companies must address these multifaceted challenges to uphold compliance, safeguard product integrity, and ensure the security of valuable shipments. Innovative solutions, such as advanced monitoring technologies and comprehensive security measures, are crucial in overcoming these challenges and fostering a resilient and efficient supply chain.
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