Cold Chain's Vital Role: Insights from Therma°'s Manik Suri
In a recent Techonomy Climate conference, Therma°'s CEO, Manik Suri, discussed the cold chain—a temperature-controlled supply chain crucial for transporting food and pharmaceuticals—which has been in the spotlight due to the COVID-19 pandemic.
Challenges facing the cold chain
- Accessibility issues: The cold chain often falls short despite its essential role. 25% of vaccines don't reach their destination, and almost 3 billion people might miss out on the COVID-19 vaccine due to cold chain inefficiencies.
- Environmental and economic impact: The cold chain contributes about 8-9% of all global emissions—moreover, product spoilage results in billions in losses annually.
Therma°'s innovative solutions
Therma° is leading the way in establishing a smart cold chain by:
- IoT-enabled monitoring: Increasing their sensor deployment, Therma° offers real-time tracking, ensuring timely detection of system failures.
- Asset optimization: Using real-time data, Therma° aims for enhanced efficiency in refrigeration runtimes and early leak detection.
- Refrigeration as batteries: Suri emphasized viewing refrigerators as potential "energy batteries." Therma°'s vision includes transforming them into tools for grid flexibility and resilience.
In a warming world, the cold chain's efficiency becomes paramount. Manik Suri's insightful presentation comprehensively examines its challenges and potential. Catch the full talk here. With innovators like Manik leading the way, a sustainable cold chain future seems promising.