The global supply chain faces significant strain due to insufficient visibility into shipment transportation, with nearly half of surveyed organizations reporting minimal insight into their upstream supply chains. To address this challenge, Krenar Komoni founded Tive, a startup specializing in real-time freight tracking technology. Tive's single-use trackers connect to a cloud platform, allowing companies to monitor shipments in real time, including parameters like temperature and humidity. Currently, Tive serves over 900 clients across various sectors and anticipates profitability by 2026 by generating revenue from software fees and tracking services.
Tive's focus on supply chain solutions for all types of goods - durable, nondurable, perishable, includes the need for effective tracking of shipments globally.
Tive trackers have generated millions of real-time shipment alerts, providing a three-pronged approach to location accuracy through cellular triangulation, Wi-Fi positioning, and GPS.
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