The concept of Digital Twin in logistics refers to a digital replica of potential and actual physical assets (physical twin), processes, people, places, systems, and devices that can be used for various purposes (Wiki source) in the supply chain.
Digital twin platform – IOT in warehouse management
The advent of low cost wireless mesh infrastructure, the scope for connected devices, and machines is huge and it is said that half of the new businesses in this decade will be run by the Industrial Internet of Things (IIOT)
Imagine an interactive map – a replica of your warehouse of logistics yard shown on a dashboard available to you. Realtime access to the movement of forklifts, trucks, cargo, inventory, workers. Monitoring of storage environment, inspection, compliance, maintenance, and anti-theft protection technology.
In the case of warehouse logistics automation industries, there are many assets such as warehouse space, fleet, cargo (pallet, container, parcel, bins, oil tankers) – perishable and nonperishable – high and low-value goods, life saving vaccines, food items such as fish, meat, wines, cheese, etc.. Raw materials being sent to factories, finished goods transported to distribution warehouses and retail stores.
Bonded warehouses will benefit by implementing IOT in warehouse management, so that exporter and importers will have full transparency and visibility of high-value cargo.
Implementing a Digital Twin in your warehousing & logistics business can help to provide value-added services to your customers who are in the distribution and manufacturing industries, besides optimizing operations, improving workplace safety & productivity. Thus raising the bar of business performance and competitive advantage.
Movement of high-value cargo happening in the warehousing industry – from ports to logistics yards through multi-modal transportation – Ships, containers, multi-axle trucks, small trucks, and carrier vans for last-mile delivery.
The concept of “Digital Twin”
For all these activities to happen smoothly, there is a need to map the physical location and transportation environment of cargo onto a digital twin – cloud-hosted software. So that 100% visibility and real-time monitoring are possible. Cargo, people, transportation equipment, workplace safety matters, compliance, inventory, e-commerce dispatches.
Digital twin smart warehouse platform brings the desired visibility to your customer, whereby that can plan their factory production or distribution activities based on accurate measurement of delivery timings provided by the logistics software. This can be achieved using IOT enabled inventory and asset tracking tags that can be deployed in indoor and outdoor units.
Digital twin in warehousing brings accountability on the way the cargo is being transported – Are they subject to undue shock, excess temperature, or other parameters that would have a negative impact on the shelf life of the product.
The location of trucks, driver behavior, fuel consumption, tire mileage, etc contribute to reducing the cost of operations and maintenance.
Ideally, a Digital Twin ready solution would give the logistics company as well as their customers a 360-degree view of inventory, geographic location, timings, storage place & environment. IOT powered warehouse optimization solutions are also being implemented vastly these days.
Reduction of theft, abuse, lower consignment claims, and longevity of capital equipment, ane warehouse optimization will be the key benefit of implementing a Digital Twin solution. All these enablements will result in lowering the cost of transportation, empowering the customer on using self-services.
Digital twin logistics in supply chain
Elastic logistics in the supply chain is an agile model where the ‘pull’ of consignee demand sets up lead times for deliveries and replenishment in a distribution or manufacturing environment. The idea is to react quickly before or just after the demand or supply need arises. Companies want fast go-to-market distribution with clear tracking and tracing for all moving trucks and raw materials. They want to reduce turnaround times, move more truck shipments, close down lead times, and serve the consignee faster.
Information can be delivered as alerts, notifications, daily or weekly snapshots, or analytics reports in the logistics software
Call us to know more about IOT in warehouse management and logistics optimization.