Wherever the goods are, INEX monitors them.
In the current phase, INEX monitors goods pledged as collateral at 3PL warehouses, alongside standalone solutions such as inventory measurement and weighbridge monitoring. Monitoring and financing at businesses' own independent warehouses will launch in a later phase.
Goods at 3PL warehouses
Businesses deposit goods in a segregated lot at a 3PL (third-party logistics) warehouse in the INEX network. The warehouse takes responsibility for the goods pledged to the bank under a tripartite agreement.
Monitoring & financing at a business's own warehouse
Goods stay at the business's warehouse or factory and are monitored with on-site equipment and staff. The model is being finalised for a later phase.
Who is responsible for what
Makes credit decisions, approves inbound and outbound orders, tracks collateral value in real time.
Holds the goods, releases them only on valid orders, is responsible for the quantity actually on hand and compensates under the agreement.
Deposits goods, requests inbound and outbound on the platform, bears ultimate responsibility for its own goods.
Operates the platform, monitors independently, issues alerts and keeps records. Does not make credit decisions.
Quick comparison
| Criterion | Model 1 · 3PL warehouse | Model 2 · Business's own warehouse |
|---|---|---|
| Status | In deployment | Coming soon |
| Commitment on goods risk | The warehouse compensates under the tripartite agreement | INEX is responsible within the scope of monitoring. The business bears ultimate responsibility. |
| Where goods are stored | 3PL warehouse in the network | The business's warehouse or factory |
| Monitoring equipment | Already in place at the warehouse | Installed by INEX after a survey |
| On-site staff | 3PL warehouse staff, monitored remotely by INEX | INEX staff working at the warehouse |
| Time to deploy | Faster | Depends on survey and installation |
| Suited to | Trading goods, goods awaiting distribution | Raw materials and finished goods at factories |
In both models, INEX stays neutral
Neutrality is why INEX data has value to banks. That is why some principles never change.
No financing
Credit decisions belong to the bank.
No ownership of goods
No buying or selling, no interest in the assets or goods.
Transparent data
All parties see the same data source, according to their permissions.
Full audit trail
Every event is backed by evidence and cannot be deleted.
Start with goods at a 3PL warehouse
The INEX team will survey your situation and propose a Pilot plan.