Pravinraj Panicker
Every system is always very mature when its being considered for a change.
That is foundational and fundamental, nothing is ever redundant unless some form of innovation impacts the business. Whenever innovation is bought in to the equation, the quality of innovation will determine the longevity or relevancy of any process. This opens up a few set of recurring challenges...
-
How to introduce change
-
How to train resources in new process
-
How to measure the change metrics
Planning to implement IoT/Automation will also find such challenges to be addressed at very early stage of engagement. IoT, requires capital expense like in any other IT project, only this time its budget depends on the process lifecycle and scope of implementation. For transportation and logistics industry, we are looking at the following as common scope of implementation for IoT/Automation
-
Transportation Audit & Compliance Management
-
Inventory Scanning and Item Authentication
-
Ledger, Manifest Maintenance and Realtime change of hand tracking
-
Shipment Breach identification and remedy on real-time
-
Operation Research and Business Intelligence Development
-
Consecutive Cost Mapping and Threat Identification
-
Business Layer Integration with other processes and functions including Procurement, Supply Chain, Forecasting
-
Equipment Lifecycle Management
-
Score-carding, Performance KPI Management
-
Risk identification and minimization
Naturally, the list can be longer and will become exhaustive if we kept looking at the entire scope of what all can be done using IoT for Transportation and Logistical Industry As to how it gets implemented, the process is as follows:
-
Process Mapping to Business Functions and Owners, including inventories
-
Connecting to ERP/CRM and Logistical tracking systems to ensure data cross verification
-
Implementation of QuicSolv propriety tags and sensors on defined environment that ensure all angle coverage
-
Integration of feeds back to purpose designed dashboards
-
Nothings changes within the realm of business, only change that you will experience is in how efficient your business has become.
Read more about all this in How does warehousing benefit better from implementing IoT? and How does IoT Automation Reduce Costs?
Feel free to connect with us: www.quicsolv.com if you want to discuss or share your ideas. We provide IoT services as well as IoT solutions based on our ISaE framework.
0
Pravinraj Panicker
Related Articles
Navigating the World of Logistics: Key Principles for Effective ManagementNavigating the World of Logistics: Key Principles for Effective ManagementEffective Supply Chain ManagementIn today's rapidly evolving global marketplace, effective supply chain management is crucial for businesses to stay competitive and meet customer expectations. Implementing robust software systems for inventory management, demand forecasting, and logistics tracking can improve efficiency and provide real-time visibility into operations. Employing effective logistics management practices is key to improving efficiency and reducing costs. In conclusion, effective supply chain management, warehousing and inventory management, and logistics management are critical aspects of successful business operations. By adhering to these key principles and continuously striving for improvement, logistics managers can navigate the complex world of logistics and achieve operational excellence.
0
As a Blockchain Development Company, we provide extensive development services of blockchain in supply chain management at Tracefood to boost efficiency. Which is hastily revolutionizing many industries, as technology advances, it started to set the foot in the food supply chain sector. A food supply chains is a process that encompasses many operations the food products go through from the producer to the consumer. The supply chain is the primary factor that influences the food industry. It also helps increase food safety and optimize supply chain efficiencies.
0
By adopting supply chain mapping, organizations can gain a competitive edge through optimized processes, improved communication, and enhanced risk management. Additionally, supply chain mapping enhances collaboration between stakeholders. Implementing supply chain mapping involves a series of strategic steps. Additionally, supply chain mapping involves the integration of technology solutions for real-time monitoring and data analysis. Ultimately, supply chain mapping is a vital tool for businesses that want to optimize their operations, improve transparency, and foster collaboration within their supply chain network.
0
Read the entire article to learn about the various tips you can employ to find the best supply chain expert. Search for ‘supply chain solutions’ to clear all your doubts. PortfolioGo through the portfolio of your supply chain expert thoroughly. Keep that in mind when you hire a supply chain expert. Client-reviewsYou should contact some of the clients of the supply chain expert and ask them about his performance.
0
Our team provides the clients with solutions for each problem by performing an early-stage diligence study. Purpose of Early-Stage DiligenceInvestment firms must understand the patent's value and determine the technology's future market potential. Therefore, we provide early diligence services to determine or evaluate the technology and assignee company based on their technology and future market potential. Including its stand in the market, the market share that it holds, market penetration expected in coming years, and the innovation’s technical competitors. About Ingenious e-Brain Solutions: -Ingenious e-Brain Solutions provides high-quality, customized, and cost-effective Technology Research, Business Research, and Intellectual Property Research solutions to industry leaders, and innovative companies across the globe.
0
The report “Supply Chain Analytics Market by Component, Software (Supplier Performance Analytics, Demand Analysis and Forecasting, and Inventory Analytics), Services, Deployment Model, Organization Size, Industry Vertical, and Region — Global Forecast to 2025”, size is expected to grow from USD 3. The key factors driving the supply chain industry include increasing volume and velocity of data, need to enhance operation and supply chain efficiencies, and the advent of AI and machine learning into supply chain management. North America to account for the largest market size during the forecast periodNorth America is expected to account for the largest market size in the overall supply chain analytics market during the forecast period. This region houses some of the major vendors of data analytics specialized in offering supply chain analytics solutions, such as SAS Institute, IBM, Oracle, and Tableau. About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
0
