Cargo movement & tracking
If you’re in the logistics & transportation or import export business, you know that preparation is crucial for success. The internet age is reshaping the way the transport industry functions; which is a good thing, because the industry can benefit from new technology, better efficiency and transparency.
Logistics providers who move goods by land, air or sea need quick, real time information to make decisions that will help them in the timely and safe delivery of their cargo. The use of Internet of things in transport and logistics is very high now, because of its ability to provide precise information, location tracking and so on.
Cargo shipping companies have embraced the technology of internet of things, whether it is air or sea freight, warehousing, or delivery. Specific applications and Cellular IOT devices are available that enable real time tracking of the goods being transported, optimization of warehouse capacity, maintenance of assets like vehicles, optimization of routes, better last mile delivery, and a whole lot more.
Thanks to internet of things for transport logistics, those providing these services are seeing a plethora of opportunities being opened up for them. The embedded sensors, connected devices, and analytics capability of IoT provides visibility to operators like never before. This is in every process – from operations to finance, and is allowing them to have new sources of value creation. With greater visibility, cargo shipping operators will be able to leverage the vast database to make quick, efficient decisions that will help them improve their services and provide much more efficient service to their customers.
It must be understood, however, that transport companies who are looking to include the internet of things in logistics, are likely to face tactical and technical challenges. Organizations will first need to visualize what business problems of theirs and of their customers, IOT applications can resolve. The vision also needs to address the implications of IoT for the strategic position of the company and the ecosystem relationships.
For this, organizations will first need to understand how the internet of things creates value; basically, IoT is all about creating, communicating, combining, analyzing, and using information from actual objects ( in this case, transported goods, vehicles) through other objects ( sensors). Hence, the value created by IoT depends on the flow of such information through this system, so they need to ensure that the info flows seamlessly.
Logistics is basically about moving stuff from Place A to Place B, C or D. The chief service elements of transport and logistics are : the things that move, or goods, and things that do the moving – warehouses, vehicles, and the transport network (air, sea, road etc.) Obviously, the value creation depends on the capacity, effectiveness, dependability, manageability and the cost at which the organization can provide the services of warehousing and transporting.
When you as a cargo shipper are able to provide timely, safe, reliable and efficient service to your customer, is when you provide value. As of now, IoT based tracking solutions help transport and logistics providers do just that, and even improve on these services. IoT applications can also help monitor the environment, detect threats, trace the location and condition of the products in transit and so on, improving customer service like never before.
Thus, by increasing visibility substantially and decreasing network complexity, companies are able to provide much better service, cut costs, minimize damage and loss, and eventually increase revenues.
What will the coming years bring – More facilities or challenges? Let’s wait and watch. As of now, there is no doubt the internet of things is completely revolutionizing the cargo shipping industry.