The world of business is witnessing contrasting development in demand, economics, trading and production. The impact that Logistics and Transportation industry feels is dramatic. The businesses are now gearing-up for tough competition and satisfying profits; as a consequence these businesses are reconstructing operational processes to achieve transparency and compactness. Technology is a reliable backbone in realizing well-monitored success and IoT is definitely taking everything onto next-level.
Currently the Logistics and Transportation companies are facing challenges like:
- Obscured visibility in Operations
- Compromised Performance Metrics
- Improper Asset Utilization
- Lacking Reports and Business Intelligence
- Leaking profits
- Inflamed Expenditures
- Unsatisfied Customers
IoT – “Internet of Thing” is a fool proof solution to all these cracks in your business model. IoT-based Logistics solutions are already being implemented in bits here and there. The full-potential is yet to be actualized by a dependable Software Solution Provider. DreamOrbit has already developed Management and Business Intelligence Applications that embraces efficiency of embedded technologies.
Here are few use cases for IoT-based Logistics and Transportation Software Solutions:
- Comprehensive visibility: Amalgamation of mobile applications and IOT is helping businesses to gain increased visibility in their logistics and transportation function effectively. To name the IoT at its simplest, RFID devices, Barcode scanners and Hand-held devices are all connected over internet to exercise better control over day-to-day operations.
- Yard and Warehouse Management: Maximum asset utilization and minimum cost incurred due to wastage is the key to lead in fierce competition and tight margins. A Warehouse/Yard Management system powered by IoT can achieve these goals without involving the labor.
- Managing fleet: With inclusion of IOT in a Fleet Management solution, the fleets can be assigned tasks, dynamic route planning, real-time tracking and coordinated deliveries can be executed with. A better control only gives better profit and best service levels.
- Access to performance: Present Performance measuring tools are at disadvantage because chances of misreporting and giving falsified information are high. IoT-based solution doesn’t depend on staff to input information but is rather accessed from much reliable sources like machines and computers. A driver’s performance can now be assessed based on data available chips embedded in truck-engine, GPS and braking system which are much reliable sources.
- Enhances decision making: IoT Applications are accumulating data every nanosecond and this information when coalesced and analysed for pattern gives interesting insights in market trends and business bottlenecks and all at real-time basis.
The IOT applications have truly heralded a new wave in logistics and transportation function of the industries at large. It streamlines the processes bringing in effectiveness that helps in reaching out the consumer well-prepared to handle the odd situations, which are frequent in Logistics and Transportation industry. Moreover, implementing an IoT solution is not as expensive or complicated as rolling-out ERP, CRM or a simple Management Tool. It simply means accessing the existing chips and sensors in embedded in devices that your team is already working with and turning this information into an actionable intelligence.
DreamOrbit has been helping Logistics companies and ISVs in the same space to steer this new wave to have smoother and better operations. Click here to read our IoT solutions.
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