The adoption of IoT for logistics has enhanced better supply chain management that helps several industries including manufacturing, retail, distribution, shipping, among others. Organizations are focused on delivery of products whilst maintaining the quality and reducing damages during shipping. Earlier ultra-wide-band (UWB) and infra-red technologies were used which added to significant infrastructure cost. With the usage of IoT it helps to monitor the conditions of storage for sensitive goods. The intelligent sensors with the help of connected logistics help in greater management of goods and enhances accountability with greater RoI.
Location tracking – Tracking the vehicles helps in estimating the time of delivery and maintaining a time record of a production unit and monitor each stage of manufacturing. This helps in planning and take corrective measures to reduce time in end-to-end supply chain. Presently, most of the logistics activities are outsourced to 3PLs and the adoption of digital technologies by the logistics vendors help in better customer experience and improvise their delivery and goods transit.
Warehouse Management – The management of goods in the warehouse has become important today as many warehouses function as a hub rather than just holding inventory. Automated storage and control systems are of utmost concern to make a smart warehouse. RFID, devices, sensors and wearables help in reducing resources to manage a warehouse and accurately account the shipping activities.
Many organizations are enhancing their warehouse facility with robotic carts to pick and move goods. The retail industry has major boost with connected logistics and smart warehouses with the adoption of IoT technologies with just-in-time delivery and quick replenishment of goods and materials. The adoption of IoT and wearables are expected to increase at a rapid rate and transform the logistics industry. Organizations across regions are expected to realize the benefits of connected logistics reducing cost and time in end-to-end supply chain.
– Swarup Bhowal,
Research Analyst – ICT,