Suyati Technologies
  • Platforms
    • CRM
      • Salesforce
      • Dynamics
    • CMS
      • Sitecore
      • Drupal
      • Episerver
      • Sitefinity
    • Ecom
      • Magento
      • Sitecore commerce
    • RPA
      • UiPath
    • Analytics
    • Martech
  • Services
    • CX Consulting
    • DSaaS
    • Product Engineering
  • Fluid Solutions
    • Buyer Rhythms Engine
    • Lead Prioritization
    • Customer LifeTime Value
    • Chatbot
    • Account Based Marketing
    • Online Proctoring Solution
  • Intel
    • Blog
    • eBooks
    • Webinars
    • Case Studies
  • About Us
    • Management Team
    • Advisory Board
    • Our Story
    • Testimonials
  • Careers
Suyati Technologies
  • Platforms
    • CRM
      • Salesforce
      • Dynamics
    • CMS
      • Sitecore
      • Drupal
      • Episerver
      • Sitefinity
    • Ecom
      • Magento
      • Sitecore commerce
    • RPA
      • UiPath
    • Analytics
    • Martech
  • Services
    • CX Consulting
    • DSaaS
    • Product Engineering
  • Fluid Solutions
    • Buyer Rhythms Engine
    • Lead Prioritization
    • Customer LifeTime Value
    • Chatbot
    • Account Based Marketing
    • Online Proctoring Solution
  • Intel
    • Blog
    • eBooks
    • Webinars
    • Case Studies
  • About Us
    • Management Team
    • Advisory Board
    • Our Story
    • Testimonials
  • Careers
Suyati Technologies > Blog > Impact of Internet of Things on Logistics Industry

Impact of Internet of Things on Logistics Industry

by Sahana Rajan September 30, 2016
by Sahana Rajan September 30, 2016 0 comment

Impact of Internet of Things on Logistics Industry
The Internet of Things (IoT) has reached out to over 15 billion devices and if the prediction is to be believed, it would bring over 200 billion devices under its care by 2020. How will IoT impact the logistics industry?
 
In 2014, Gartner predicted a thirty-fold increase in the IoT-connected devices by about 2020 and consequently one will see radical impact on the functioning of our supply chain.
 
It is no secret that technology has hugely shaped logistics. One of the critical realms in logistics industry that will flourish is the way in which supply chain managers will access data and coordinate with one another. FedEx was the first company to introduce IoT in logistics industry years ago when they initiated parcel tracking. The testimony of IoT’s success came when Walmart executives declared that it has lowered the excess inventory in warehouses and reduced out-of-stock incidents by about a third by executing the pallet-level RFID tags about 10 years ago.
 
With the seeping of IoT into almost every task of logistics industry, the way supply chain functions will see alteration. Here are three major ways in which IoT will affect the logistics industry:
 
Efficient Yard and Warehouse Management
Distribution centers, warehouses and yards form the most critical units of the supply chain ecosystem. If a company manages to increase the performance of these units, it is converted into an increase in efficiency of the company’s functioning.
 
As IoT becomes an essential part of the logistics industry, warehouses will track the equipments, inventory and vehicles via the cloud. This is enabled by thousands of machines connected to one another through RFID-tags. At a local level, the parcels and pallets would communicate with one another while at a global level, a company-based server will track their movements and progress of their journey constantly.
Location and asset tracking can be automatized once the physical location is translated into digital information. Security quotient and work-place health will also be enhanced when the role of human resources is reduced.
With IoT, the companies will be able to have a God’s eye view of all activities in the company. This will allow them to lower the congestion, save on fuel and movement of trailers. Time can be managed well with live-data from machines pooling in continuously.
 
Increase In-Transit Visibility
Today, you can track the places that your parcel reaches easily, from the moment it is shipped to the point where it reaches your doorstep. However, this is mostly done through scanning of barcodes, by humans placed at certain distribution points.
When IoT hits the tracking system, all the parcels/vans/pallet/trucks will come with RFID tags, and automatically update data on its whereabouts, thus limit human labor to just loading of items.
Once the item is loaded into a vehicle, the carrier will receive information about it which will be sent across to the company (and on their digital platform) through the cloud. The data which is sent will be all-encompassing, ranging from location to the temperature information.
 
Enhance Fleet Management
Currently, the supply chain works on a reactive mode where alterations are made after events have occurred that stimulate it. Once IoT seeps through the logistics realm completely, the supply chain will run on a proactive mode. Sensor data from different nodes of the network (like parcels, trucks and vans) would be fused with the RFID-received and GPS data to receive information on status of items. If there is any probability of upcoming defect or change in weather or chances of accident, then proactive action can be taken to not only control the devices but inform the customers of delays.
Supply chain operators can keep a check on the driver and vehicle performance. Factors like engine turning hot or gearbox malfunctioning will be detected immediately and information sent across to the company, allowing for timely repairs (avoiding time-consuming breakdowns later).
Internet of Things is here to take logistics industry towards the next stage in its evolution. Companies will not only encounter positive shift in their revenues but smoothen the user and work experience as well.
 
 

0 comment
0
FacebookTwitterLinkedinTumblr
previous post
3 Advantages of Investing in a Mobile Travel App
next post
One more day to Dreamforce 2016- The Last Minute Look

You may also like

Leverage AI to Take your Business to the...

May 17, 2022

Global Capability Centers enable accelerated adoption of technology

May 9, 2022

Best Practices to Get Salesforce Implementation Right the...

April 21, 2022

How to manage legacy systems (Upgrade, Replace, Rebuild)?

April 20, 2022

Tackle Duplication Challenges in Salesforce Effectively

March 24, 2022

What are the Key Takeaways of Salesforce DevOps...

March 22, 2022

Derive Greater Value through Better Hybrid Cloud Management

March 15, 2022

How DevOps can Help Salesforce Develop and Deploy...

March 7, 2022

Six trends that Salesforce has for your enterprise...

February 22, 2022

Harnessing the Power of Cloud Continuum for Your...

February 22, 2022

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Keep in touch

Twitter Linkedin Facebook Pinterest

Recent Posts

  • Leverage AI to Take your Business to the Next Level

    May 17, 2022
  • Global Capability Centers enable accelerated adoption of technology

    May 9, 2022
  • Best Practices to Get Salesforce Implementation Right the Very First Time

    April 21, 2022

Categories

  • Twitter
  • Linkedin
  • Facebook
  • Instagram
  • Platforms
    • CRM
      • Salesforce
      • Dynamics
    • CMS
      • Sitecore
      • Drupal
      • Episerver
      • Sitefinity
    • Ecom
      • Magento
      • Sitecore commerce
    • RPA
      • UiPath
    • Analytics
    • Martech
  • Services
    • CX Consulting
    • DSaaS
    • Product Engineering
  • Fluid Solutions
    • Buyer Rhythms Engine
    • Lead Prioritization
    • Customer LifeTime Value
    • Chatbot
    • Account Based Marketing
    • Online Proctoring Solution
  • Intel
    • Blog
    • eBooks
    • Webinars
    • Case Studies
  • About Us
    • Management Team
    • Advisory Board
    • Our Story
    • Testimonials
  • Careers

© 2022 Suyati Technologies


Back To Top
Suyati Technologies

Popular Posts

  • MongoDB vs. Couchbase

    May 26, 2013
  • 2

    What is Salesforce CRM and What Does it Do?

    February 19, 2014
  • 3

    A step-by-step guide to configuring emails in MS Dynamics CRM

    April 27, 2017
  • 4

    Top 10 ETL Tools for Salesforce Data Migration 2021

    January 4, 2021
  • 5

    What are the Top 3 risks for implementing a CX Program?

    August 30, 2019
© 2022 Suyati Technologies

Read alsox

Are enterprises ready for new ecosystems?

November 26, 2018

The gaiety of Onam celebrations at Suyati

September 28, 2015

Ektron and Eloqua: It takes two to tango!

July 16, 2014
Suyati Logo

Leaving So Soon?

Know more about business technology platforms for your enterprise.

Thank you!

We're glad to have you as part of our community. You'll start receiving updates shortly. Please feel free to contact us anytime with feedback or suggestions.

By continuing to use this website you agree with our use of cookies. Read More Agree