Post-pandemic, retailing has become an enormous concept carrying more meaning, purpose and scope for expansion. The intertwining of offline and online business has opened many avenues for growth but at the same time has increased the complexities of supply chain network, which can only be tackled by smart tracking software and real-time visibility. Low visibility in supply chain system can jeopardize retailing business and put it on high risk!

The expansive network calls for real-time monitoring in an order fulfillment till the last-mile delivery. Each junction has its own value and importance with individual threats lurking large. To abate extinction, a business cannot dispense the idea of securing the supply chain with smart tracking systems to trace, track and share data in real-time.

Enhance Container Security with Smart Tracking Systems

Smart Tracking Systems lanced with IoT (internet of things) and RFID technologies improve visibility and mitigate risks. A booster for customer service and a game-changer for companies as the system allows businesses to share real-time insights with customers while the shipment is on transit.

Internet of Things (IoT) connects the devices and operations through internet, thus empowering exchange, collection and analysis of shared information in real-time. There is continuous visibility as IoT equips warehousing operations, transportation system, even the assets and the packages with sensors and trackers. These help in gathering and transmitting information, encompassing details on location, shipping parameters, humidity & temperature specifics, and other performance matrix.

Radiofrequency Technology (RFID) is a cost-effective and efficient way to track and trace. In this the sensors are embedded on objects that sends pulsating radio-waves, read by RFID readers. The messages are stored for other business operations.

Coupled together IoT and RFID technologies have revolutionized cargo tracking. The embedded sensors powered by IoT are connected with devices, allowing power packed insights into supply chain operations. The integration of two into various operations unlock benefits by streamlining working process, cost optimization, efficient inventory management, route optimization, predictive maintenance, enhanced safety and security, data-driven decision making and efficient customer service. Together, they have taken a lead in this digitally-paced economy, let’s find the impact of the duo.

1. Real-Time Data: With tools as Inventory Management, WMS, TMS and other operation management software, the whole operation is AI-enabled. The RFID tags are useful in tracking and tracing inventory levels. Here information is flashed in real-time, critical stoppages in the management process are flagged and action is taken in real-time. To elaborate, automation businesses can obtain location-specific data about a single SKU item, this specification saves from losses, thefts and other issues which could be reason for delay in the transit.

2. Accuracy in Data: Since, there is no manual intervention in data collection, tabulation and analysis; it is easy to gather comprehensive information and that too with precision. IoT backed by RFID, bring to table silo-free entries and with commendable accuracy that is again very helpful in cargo tracking.

3. Seamless Integration Between APIs: The IoT provides seamless integration between devices and various operation software. This coordination among operations as shipping, logistics, last-mile delivery, warehouse, inventory, order management and others safeguard decision-making process against errors.

4. Efficiency in Planning: Real-time visibility leverages efficiency in planning. Management can take critical and planned decision over route optimization, allocation of inventories, warehouse management, could bring precision in delivery schedules and be more proactive in taking corrective actions.

5. Risk Management: The heightened visibility, trace and track via RFID bring swiftness in identifying, addressing and taking decision on impending risks in the supply chain operations at any level. If there are issues at warehouse management, as shortage of space or availability of space, then decision pertaining to efficient management of space can be taken. If there are impending disruptions due to regulations or weather, then transport managers can find a solution in real-time and reroute shipment to avoid delays.

6. Inventory Management: Most beneficial use of IoT and RFID is enhanced visibility into the location, security status and inventory status. This makes inventory management very efficient as retailers are never in panic situation due to overstocking or stockouts of inventory. Real-time insights optimize inventory management and improve order fulfillment.

7. Predictive Maintenance: With predictive analytical through real-time visibility into operations, businesses can take smart decision. As in, if logistics managers have access to information related with disruptions in the present route of the shipment, corrective action can be taken instantly and delays could be avoided. This reduces downtime, works positively for customer satisfaction, and saves costs.

8. Proactive Resolution of Issues: With streamlined supply chain, there is open communication and collaboration among the departments as well as the stakeholders. This is helpful in taking proactive decisions related with order management and fulfillment. Suppose there is a car manufacturer and if the management has information from the vendor about upcoming increase in the demand due to festive season, there can be a proactive resolution of the issue and any stockouts could be avoided. This way business can benefit.

9. Safety and Security: Smart tracking software strengthens cargo tracking in supply chain management. Devices as cameras, smart locks and sensors have enhanced the safety and security of containers and ensure safe delivery of order till last-mile. The pulsating data, helps in identifying any probable threats. The monitoring of cargos mitigates thefts and other security concerns. The technology also provides geolocation tracking for precision in location tracking and ensure cargo integrity.

10. Improved Customer Experience: IoT and RFID enriches customer experience through unparalleled visibility and real-time information about order status. This enhances customer loyalty and builds trust towards a business.