From logistics to mining, retail to food and beverage, and virtually everything in between, artificial intelligence (AI) will have a significant influence on nearly every important industry on the planet.
There has been a lot of discussion about the Internet of Things (IoT) and its potential benefits in recent years. IoT is expected to have a significant impact on nearly every global industry, including logistics, mining, retail, food and beverage, and even vehicles. One of the most commonly discussed topics when it comes to IoT is its potential to help automate the supply chain – creating greater operational efficiency among other benefits. In our opinion, one of the most exciting areas where IoT will have an impact is on the global supply chain.
What exactly is IoT, and why should you care about it? In a nutshell, IoT is the connection between devices and items to the internet that allows them to communicate with one another as well as exchange data. Data logger devices, analytical tools, calculative mechanisms, and decision-making aids are all examples of features that make IoT possible.
Connected technology Explained:
– Transforming everyday objects into data machines
– Collecting and deciphering this data
– And finally, presenting it in a way that helps users make sound decisions based off of analytics
Without a doubt, the IoT will revolutionize the supply chain and how companies conduct business. The technology will most certainly lead to higher operational efficiency and revenue opportunities. The adoption of cutting-edge technology isn’t only about keeping track of your valuables; it also allows you to reap a slew of advantages, including the gathering of analytics that allow inefficiencies to be detected and addressed.
The conventional practice for managing items throughout the supply chain was to track consignments using the numbers and barcodes. However, those methods are no longer suitable in today’s world. New radio-frequency identification (RFID) and GPS sensors allow goods from beginning to end of their supply chain to be tracked.
RFID and GPS sensor technology allow for daily data collection, which provides companies with actionable insights into their supply chain. This information can help improve quality control and on-time deliveries.
With the current GPS technology, businesses can easily and quickly track their temperature-sensitive cargo to avoid any unforeseen problems in the supply chain.
Adapt Ideations’ smart asset tracker KELVIN doesn’t just detect potential threats–it allows you to take action in near-real time. The device increases transparency with your cargo, helps turn data into predictive analytics, and can be recharged and reused for future shipments.
Get in touch with us right now to learn more about our smart asset tracking technology and how it may revolutionize your operations.