Transportation and logistics necessitate keeping tabs on many processes simultaneously. Several factors influence the smooth conduct of logistics functions. To facilitate the intended function and also for improving customer gratification, logistics companies are increasingly relying on the Internet of Things (IoT). Here we shall discuss a few of the reasons why managers should implement IoT for transportation and logistics management.
The Internet of Things, along with Artificial Intelligence (AI) offers greater scope for streamlining the logistics activities- not just for warehouse processes but for all functions encompassing shipping. Provides simple creative solutions to the complex problems pestering around while offering last mile solutions, embracing IoT in logistics aims at the following objectives, in general:
1. Facilitates Advanced Analytics
As we have mentioned, logistics management involves a lot of processes and complexities as well. Managing many things at once through human resources may not look feasible always. In a business where time matters the most, it requires the help of automation, technology and human resources to work unanimously to get the desired results. New technologies such as IoT and Artificial Intelligence (AI) help logistics managers gain insights into the whole processes without any human intervention and help optimise every logistic activity. The sensors collect the data and present it in a precise and accurate manner. It enables logistics managers to take immediate decision based on the needs. For instance, the inventory status in real-time, the temperature inside the warehouse and so on.
Therefore, IoT in logistics becomes an inevitable part of all processes relating to freight transportation service providers who operate in advanced digital platforms. It further enhances the planning and decision-making abilities. Top of all, the inferences from IoT while conducting periodic inspections in the warehouse.
2. End-to-End Visibility
Knowing what is happening in real-time during the transport of goods is significant. IoT helps to add high levels of transparency to the entire delivery process. Tracking shipment status right from the warehouse/pickup/distribution centre to the consumer’s doorstep ensures E2E visibility. Apart from helping to improve the confidence of business managers by making sure that all the steps in logistic management are intact, it further promotes the customer’s trust in the service provider.
Also, it avoids the need for follow-up calls with customer support regarding the delivery status as customers need not bother about what is happening with their products/shipment every minute. The adoption of IoT in logistics enables service providers to help track the location of vehicles mile by mile and access the most feasible route for reducing costs. The connected sensors provide details on every situation inside the truck to the repair and give maintenance information for trucks. Integrating the Internet of Things in transport and logistics proves beneficial for both customers and service providers.
3. Provides Predictive Analysis
Want to get benefited from the unending capabilities by integrating IoT in logistics? From the advanced analytics, logistics managers can implement predictive analysis and forecast events and take the required action plans. For instance, atrocities in weather or sudden political disruption would do no more harm for the smooth transportation of the shipment. Besides helping technicians to schedule predictive repair and maintenance as per the data from the IoT sensors, these are even capable of providing the lead time for the last few orders to predicting machinery downtime!
Being able to assess the machinery downtime would help anticipate and solve any potential delays. Advanced analytics and predictive analysis facilitate rerouting automatically under poor climatic conditions and remove any ambiguities of on-time delivery of shipment. The IoT sensors give access to precise information a business needs, allowing it to improve its capabilities in predicting and forecasting future requirements more accurately
4. Reduces Fuel Costs
With GPS and RFID-enabled IoT devices, reduce fuel consumption to the minimum. Wonder how? IoT enabled devices keeps tabs on the areas associated with higher costs and help re-route deliveries via the roads that help reduce transportation costs considerably. For instance, logistic firms can re-route trucks to roads that require lower fuel costs or combining different modes of transportation through the sharing of expenses between these different modes with the help of integrating IoT in logistics.
Bringing multimodal transportation into the picture, after considering the fuel costs in different areas in real-time is one of the most significant aspects in logistics management. Cost reduction is the ultimate objective but combining two modes of transport and comparing their costs all at once is impossible without IoT technology. Earlier, these aspects were predicted, but unfortunately with no reliability because many factors determining the cost were out of control. However, with data availability and IoT devices at disposal, logistics service providers can now make accurate inferences in real-time with 99.99% accuracy.
Boorna Freight and Logistics
The most advanced and versatile platform for booking loads and availing all types of transport and logistics services from express transportation, pallet distribution, FTL/LTL service eCommerce solutions, eFulfillment to space and lunar cargo delivery. We own a fleet of vehicles to suit the movement of your shipment of any kind. We use advanced technologies from AI to Deep Learning (DL) and IoT to keep the movement of loads smooth and streamlined as per your deadline. We understand the significance of offering services that combine efficiency in terms of both quality and costs.
At boorna.com, shippers can match loads with the capacity of a truck moving in their direction. The system automatically assigns pickup service to the driver in proximity to the shipper or the warehouse facility. It further helps fast movement as well as delivery of shipment without increasing the cost factor. Besides, Boorna provides complete E2E visibility, live tracking, electronic proof of delivery (POD), 24/7 customer support and every single thing you regard with utmost importance while getting your shipment transported! Partner with Boorna freight and Logistics service when you have urgent deadlines approaching! Allow us to prove your worth before your customers!
With advanced and ingenious technology to its credit, for instance, using AI and IoT in logistics, Boorna.com stands out from its competitors by offering the advantage of high quality of service and cost reduction. Book your loads now and see how we transform your business’ landscape!