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Subject:CORE Project completed successfully!

CORE (Consistently Optimized Resilient Secure Global Supply Chains) project has officially completed. CORE was one of the biggest European funding projects with a budget of 50 million euro and a Consortium of 70 partners. 

Project’s Vision
COREs’ vision was to demonstrate how a powerful and innovative Consistently Optimized Resilient ecosystem implementation, integrating interoperability, security, resilience and real-time optimization can produce cost effective, fast and robust solutions that guarantees the efficient and secure transit of goods through the worldwide Global Supply Chain system. 

CORE has shown how protecting and securing the Global Supply Chain, and reducing its vulnerability to disruption (whether caused by natural disasters, terrorism or other forms of undesirable or illegal activity), can be done while guaranteeing the promotion of a timely and efficient flow of legitimate commerce through the European Union (EU) and other nations around the world. 

CORE demonstrated that this can be done while at the same time offered tangible benefits to involved stakeholders (transaction, transport, regulatory and financial operators), thus facilitating its adoption by commercial entities.

Key Objectives
The below three main areas have been addressed by CORE project in an integrated and stakeholder-friendly way:

1. End-to-end Supply Chain Security fostering standardisation, harmonisation and mutual recognition;
2. Controlled global visibility of security risks and other supply chain threats and their impact on supply chain flows around the world;
3. Real-time Lean Agile Resilient Green Optimised supply chain solutions offering a highly innovative approach to designing supply chains resilient (in real-time) to major disturbances caused by high impact events Furthermore the results of CORE aims to help the EU (and other countries) introduce changes to Customs policy which strike a balance between public and business interests, within reasonable regulatory constraints.

Learn more about CORE Project here

EBOS Participation
EBOS Technologies managed to deliver with great satisfaction from the partners and especially from the Coordinator. The below two web solutions have been implemented by EBOS under the CORE in order to supports projects’ vision.

Risk Management Solution (RMS) 
RMS is a web based solution that combines a set of services in order to provide guidance to logistics operators and assist these stakeholders on managing risks within their supply chain. A key objective of the RMS is to encourage operators to consider risks within the supply chain as a priority similar to the focus they place on financial, safety, and operational controls. 

The fact that modern supply chains have become ever more complex, expansive and varied in scale, has not simplified the challenge. It is true that technology has made it possible to build systems that are capable of monitoring security risks, but this necessitates considerable resources and access to specialist skills. The RMS is trying to fill that void through the use of interchangeable methodologies, tools and services for the management of supply chain risks that can be utilized by all supply chain stakeholders. 

Furthermore, the RMS is integrated with external information sources (i.e. Global Incidents Map) that provides real-time threats and incidents that might happen in an international level. Moreover, the RMS can assist Supply Chain security professionals to:
Identify the risks on a real-time and characterize threats.
Assess the vulnerability of critical assets to specific threats.
Determine the risks impacting on the resilience of the Supply Chain
Identify ways to reduce those risks and increase the resilience of the Supply Chain.
Prioritize risk reduction measures based on a strategy that can be endorsed by network managers and customs authorities.


Global Supply Chain Visibility Tool (GSCVT)
The main goal of the GSCVT web based solution is to display live data feeds received from various systems collected along the logistics supply chain in a more user-friendly manner, by utilizing maps and its corresponding API as the general interface. Information including network infrastructure, logistics services and vulnerability points will be represented as vector data and displayed using different layers.

GSCVT enables the user to select each layer, making the map a visualization tool for both real-time and static data that is transformed into clear information that in turn aids in verifying the transportation status of shipments and relevant cargo-handling operations. Moreover, different types of threats will be highlighted, as well as disaster areas will be identified and displayed on the maps, based on the track & trace and sensor information.

Furthermore, the GSCVT displays risk assessment information including risk indices and probabilities of incidents that are received from the RMS and from other integrated systems that are capable of calculating and providing this kind of information. GSCVT is also integrated with the Port Community System along with a number of data information sources (T/S, AIS) for vessel tracking (i.e. Marine Traffic).