Whether by land, air or sea, transportation and logistics are the pivotal elements for the businesses to attain profitable outcomes. In this developing world, where access to the real-time data is critical, IoT is playing a curated role in optimizing the critical logistics and transportation operations. Today, this advent of IoT along with the developing mobile technologies is connecting all devices across a centralized cloud network. It is helping to capture, and share the mission-critical data, allowing gaining real-time visibility of the logistics and transportation operations.
IoT can provide actionable insights about the Enterprise Asset Intelligence, aiding the transportation and logistics industry to expand in following aspects:
End-to-End Supply Chain Visibility
It is necessary to adapt IoT to transform the supply chain rather than crawling behind in the market.
To impact globally, IoT can provide an efficient supply chain platform for the logistics and transportation industry. It provides complete visibility and faster detection of issues which creates a network of timely decision-making. Also, enhanced supply chain visibility leads to long-term cost savings.
IoT combines an organization’s online presence with the physical stores and enables it to collect and make data at key points in the supply chain. This unlocks the doors for end-to-end customer satisfaction and successfully optimizes supply chain responsiveness. Also, automated data capture helps in avoiding human errors. With the sensor-enabled IoT solutions, organizations can monitor the location and speed of vehicles empowering the maintenance operations.
IoT-based connected sensing technology can maintain temperature stability and minimize the wastage of perishable products, thereby enhancing the end-to-end supply chain visibility. It also allows the exchange of critical real-time information with the stakeholders and mitigates disruption.
Another major variable which could be managed in a better manner by the IoT to attain an effective supply chain visibility is inventory and equipment monitoring. As such, it would provide predictive maintenance information, alerting the engineers for the potential breakdowns and costly disruption.
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