ClearMetal Offers CDX Platform Free of Charge to Suppliers of Healthcare Products

Goal is to Get Needed Medical Supplies Where They Need to Be Faster During Coronavirus-Related Supply Chain Challenges

SAN FRANCISCO–(BUSINESS WIRE)–ClearMetal, a leader in Continuous Delivery Experience (CDX) for Supply Chain and Logistics solutions, announced today that it is offering the power of its CDX platform free of charge for the duration of the pandemic crisis to companies tasked with shipping needed healthcare and medical supplies to combat COVID-19. ClearMetal is committed to onboarding companies as quickly as possible so immediate decisions can be made and solutions implemented based on real-time data. To ensure critical healthcare and medical materials are prioritized, companies must qualify for the free offering based on shipment volume.*

“It’s important that all of us, companies and individuals, come together to contribute what we can to help mitigate the challenges this pandemic presents,” said Adam Compain, ClearMetal CEO. “The reason the shipping industry is so affected when ‘black swan’ events such as the coronavirus occurs is that most supply chains are static and not built to dynamically respond nor react quickly to situations like these. Companies tasked with getting critical healthcare materials where they need to go require a better solution and it’s our duty to let them use it for free during this crisis.”

ClearMetal’s data shows that there has been a 20-30 percent increase in delays, 10-15 percent increase in dwell times and 50 to 100 percent increase in rolls since January. The impact of logistics challenges that affect the speed of shipments for essential items in the fight vs COVID-19 brings an enormous financial impact to companies in billions of dollars of lost sales, written-off inventory and more.

ClearMetal’s continuous methodology learns, adjusts, and drives constant improvement in freight delivery and experience for customers by using proprietary machine learning to cross-reference inputs and canonicalize supply chain data. This differentiated technology enables businesses to make highly intelligent inventory and customer decisions based on continuously live, trustworthy data.

Companies interested in taking advantage of the CDX platform offer should email demo@clearmetal.com or call ClearMetal at 1 (888) 792-8122.

*Companies must be tasked with the shipping of critical healthcare and medical supplies with a minimum number of international containers shipped and/or domestic U.S. rail quantities to qualify.

About ClearMetal:

ClearMetal, Inc., based in San Francisco CA (USA), is a leader in the Continuous Delivery Experience (CDX), enabling supply chain organizations to optimize logistics and provide their customers with easy access to trusted, live information about their shipments. The ClearMetal CDX Platform uses proprietary machine learning algorithms to break free from static-visibility paradigms and make sense of supply chain data. ClearMetal was founded by top software engineers, data scientists, and operations researchers from Stanford University, Google, and Silicon Valley and is funded by Eclipse Ventures, Prelude Ventures, Innovation Endeavors, NEA, SAP.io, Prologis Ventures, PSA Unboxed, DCLI, and the founders of GT Nexus, Navis, and Uber Freight. For more information visit www.clearmetal.com.

Contacts

Stephanie Levinson

Stephanie.levinson@wyecomm.com
312-796-0617