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Tips for Incorporating the IoT For Supply Chain Posted on Jul 10 - 2018

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Using the IoT for supply chain with just a few simple changes can help to improve the efficiency, accuracy, and predictability of supply chain processes.

The future long-hoped-for bysupply chain managers arrived practically overnight. With the old ways of supply chain management, there were lots of unknowns — including lots of places where productivity slipped through the cracks left behind by missing data. But now that the Internet of Things has begun to pervade so much of our personal and productive lives, we have the means to connect dots that need connecting and, in general, operate with much greater oversight, awareness, and efficiency. When it comes time to bring the IoT for supply chain into your operation, you should know exactly how and why you stand to benefit — and how to proceed logically. Here’s some advice on both.

How to Build the Most Efficient Delivery Routes

Let’s start at the end of the process: the all-important “last mile” when your product is finally within reach of your customer. This is one of the few parts of the supply chain journey that the customer is likely to concern themselves with, which makes it one of your most important considerations.

Maybe it sounds harsh, but the inevitable trouble with humans making decisions about deliveries is that they make mistakes or lack judgment from time to time. In other cases, they just can’t foresee problems down the road, including accidents and incidents. When customer satisfaction hinges on the timely and accurate delivery of their goods, it makes sense for those in the supply chain to take a closer look at how their delivery personnel and vehicles are actually performing. That means measuring things like:

·        Vehicle location, speed, and engine performance.

·        How frequently a vehicle’s brakes are used and how quickly it consumes fuel.

·        How many turns (and turnarounds) are made.

·        Whether vehicles are idling unnecessarily in traffic when alternate routes are available.

Lots of freight-moving companies and couriers now have the means, thanks to the IoT, to monitor how their vehicles are operating out in real-world conditions, and usually in real-time. Removing the human element from even a single piece of the puzzle — like planning delivery routes effectively — could mean significant savings on labor and fuel costs. View More

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