Improved supply chain visibility
The internet of things can make information about transport available to the entire supply chain, making the chain more transparent, according to researchers at the University of Houston. The smart indoor location tracking items monitor the goods and proactively raise an alert if transport conditions are not appropriate anymore, so the carrier is alerted and the goods have a higher chance to be saved. This reduces the costs of return, the removal of defective goods, and lowers transports due to lower reshipping rates. Read what is indoor positioning
Indoor location tracking & visibility
In-transit visibility, impacted by Industrial Internet of Things (IIoT) is one area that will play an important role in the future supply chain. The logistics ecosystem has many players, and thus, many moving parts, according to inbound logistics. Products are handled and transferred between the manufacturer, suppliers, distribution centers, retailers, and customers.
Key to in-transit visibility is cloud-based GPS and Bluetooth Low Energy technologies, which provide identity, location, and other tracking information. By tapping the data gathered by these technologies, detailed visibility of an item is provided all the way from the manufacturer to the retailer.
Professionals working in the warehouse automation & supply chain industry can monitor important parameters like temperature, environment conditions, etc, which will impact the quality of products in transit. They can also automate shipping and delivery processes and can even predict the exact time of arrival, thanks to the data obtained from GPS, Bluetooth.
Decrease operational costs
Apart from product visibility, IoT implies richer data and deeper intelligence for all parties in a supply network. According to inbound logistics, by allowing devices to “talk to each other” in the right way, IoT can help supply chain, warehousing & logistics professionals.
Reduce asset loss
- Know about product issues in time to find a solution.
- Save fuel costs
- Improve staff productivity
- Optimize fleet routes by monitoring traffic conditions.
Monitor temperature stability in cold chain
- Monitor the conditions of the items in transit.
- Manage warehouse stock monitor inventory to reduce out-of-stock situations.
Gain user insights
- Embedded IOT sensors provide visibility into customer behaviour and product usage an indoor location tracking scenario
Increase fleet efficiency
- Reduce redundancies – deadhead miles account for up to 10 percent of truck miles, according to the EPA, and 28% for private fleet trucks, according to the National Private Truck Council
(Source – Enterprise IOT insights from IOT Solutions World Congress, Barcelona)
Cargo safety – supply chain visibility solutions
Read about our indoor location tracking solutions for warehouse monitoring, cargo safety, supply chain visibility, and logistics transparency. We deploy Bluetooth Low Energy and 4G technologies to improve supply chain efficiency.