Page 32 - Traffic infratech magazine

LOGISTICS

leg of the supply chain, even in areas manager is notified by a push message. analytics system turns them into smart
with poor connectivity. These sensors Such a solution is an irreplaceable driving routes and directions. This
generate massive volumes of data like assistant in delivery planning and way, businesses can also minimize car
shipment locations, inventory status, compilation and viewing of schedules. accidents, reduce operating costs and
etc, which is transmitted back to core All changes are instantly detected and optimize road traffic.
supply chain applications. This, in turn, reflected in real time. So, IoT technology
makes it easy for businesses to analyze can be successfully used for improving Monitor sensitive goods
risks, gain predictive intelligence and location management and streamlining Some factories regularly receive
make data-driven decisions.” business processes. shipments of perishable or sensitive
Nahata emphasizes that with the goods that only stay fresh for a short time,
incorporation of 5G connectivity Tracking Inventory and/or require specific environmental
Industrial Internet of Things (IIoT) will One of the most important parts conditions to maintain quality.
take real-time telematics to a whole of the connected logistics ecosystem IoT application will help the user
new level. “According to a report, 5G is inventory management and tag those perishable materials, thus
will be crucial in driving the growth warehousing. Once IoT technology monitoring the humidity, temperature
of autonomous vehicles, largescale comes into use, the employees will be and other important parameters. This
Internet of Things (IoT) and drones. able to successfully prevent any losses, detailed information will notify truck
Other logistics-specific applications ensure safe storage of goods, as well drivers of damaged shipments long
like fleet management and predictive as efficiently locating an item needed. before they arrive at the factory or
maintenance will benefit from this The minimization of human errors also other designated location and get a
standard and potentially drive greater becomes possible due to IoT. new shipment when on the way.
efficiencies in the supply chain.” Predictive Analysis
Self-driving vehicles
IoT applications in Logistics Today, we can see predictive analysis
Soon, we will become the witnesses has made a mark in various industries
Location management of the widespread use and adoption of and has helped corporations and
In the logistics domain, IoT can create self-driving vehicles, being tested now. conglomerates in creating an effective
a smart location management system Logistics companies will be the first to business development strategy. All this
that will enable companies to easily take an advantage of their integration has help and will continue to help in
track driver activities, vehicle location, into business processes. improving the decision-making process,
and delivery status. Once goods are While IoT devices are responsible make smart business insights, manage
delivered or come to a certain place, a for collecting large data amounts, the risks and a lot more.

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