Page 30 - Traffic infratech magazine

LOGISTICS

IoT- Redefining

Logistics

In market sectors running the gamut from agriculture to manufacturing,
every step in the production and transit process presents challenges that
can make or break a supply chain. However, the Internet of Things (IoT) is
about to revolutionize the logistics domain. Offering many advantages and

opportunities, IoT-based solutions are becoming widely introduced in the
sector. TrafficInfraTech speaks to a few IoT solution providers catering to
the logistics sector to understand the IoT ecosystem and the challenges.

W h e t shipping, r warehousing, automation of internal data analytics back-end which is now
h
e
manufacturing,
business processes, fast delivery and
the differentiating factor,” explains
retail, distribution,
taking care of safe storage and quality
Sharjeel Siddiqui, Head of Marketing,
or
of goods.
planning
and
“IoT has complemented the integration
The transportation and logistics
managing the flow of raw materials industry is one of the leading segments Loginext Solutions. He further adds,
economy giving rise to simplification of
and finished goods through the supply investing heavily in IoT. Smart how different products communicate
chain is a challenge. Materials are often transportation that is enabled by IoT and pass data. For the logistics and
improperly shipped or stored, which has brought in a rapid change in the supply chain industry, these integrations
can damage sensitive goods. Plus, industry with the help of emerging have increased the possibility of
the sheer size and capacity of a large technologies along with mobile deploying multiple solutions based
operation can lead to disorganization connectivity, creating a seamless on IoT to improve operational
in a manufacturing warehouse or interface. efficiency, on-ground visibility, people
distribution facility.
“IoT has been around since quite management, data analytics, cost-
A few years ago, transportation some time now. We can see decade cutting and so on and so forth.”
and logistics meant only using IR old TMS applications promoting
technologies and similar which came standard digitization and connected
with a lot of infrastructure and a architecture to improve logistics and
significant installation price. All this has fleet operations. However, it is the
changed today with the rise of asset- advent of groundbreaking cloud-
tracking solutions. based technologies, powered by
The priority of all logistics companies machine learning and AI, which are
is to have just-in-time delivery, supply revolutionizing the logistics domain.
chain visibility, product lifecycle Hard installed Tracker’s, wireless
transparency and quality services. The GPS devices, sensors and more such
success of any logistics company lies in devices making up the IoT ecosystem
efficient inventory management and have been there since ages. It is the

30 June-July ’19 / TrafficInfraTech www.trafficinfratech-com-500653.hostingersite.com