For several years now, IoT (Internet of Things) technology has been increasingly known and applied in different fields thanks to its increasingly reliable and complete technology. Undoubtedly, among the industrial sectors in which the use of IoT technologies is trending, the logistics sector stands out due to the growth it has experienced in recent years and the needs it entails.
It is well known that all logistics operations require rigorous monitoring and agility to run efficiently, from supply chain management to last mile distribution. For this, one of the most popular solutions is IoT and digitization of certain operations in the logistics department.
In this case, in which logistics operations is IoT technology used specifically? If you want to find out how IoT and AI are used in logistics, read on:
It is one of the best known tools where both AI technology and IoT are used. It consists of using previously collected data to forecast future results and, to do so, it organizes the data obtained, preprocesses them and develops predictive models so that the results can be validated later.
The advantages of applying predictive analytics to the logistics sector are varied. Some of its most frequent uses are:
- Demand forecasting: We analyze the sales history together with the market and estimate the sales that would be generated on the products.
- Supply chain planning and optimization: Thanks to a prior analysis of the demand, the right quantity and timing of the production of the goods can be calculated.
- Inventory optimization: Demand estimates help in making decisions about optimal stock levels for each type of inventory.
- Improved resource management and savings: By applying current data taking into account constraints and other characteristics, it is possible to optimize resources and reduce operating costs.
In general, predictive analytics act as a guide for decision making and to give us a more accurate estimate of future activities. In this way, a clear view of the current and future situation of the supply chain and company is obtained.
Real-time shipment tracking
The most important and essential thing that customers ask for today is transparency in reporting the status of the order in real time to ensure that it arrives at its destination at the agreed time without incident. Today it is possible to receive all the data thanks to geolocation algorithms received by sensors via wireless networks.
The advantages of order tracking focus on estimating delivery times and detecting and solving problems. For example, if an order is not going to arrive on time or has been lost due to a wrong address or accident, the incident can be solved as soon as possible or an alternative can be offered to the customer.
SEO & Inbound Marketing
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Creating articles of value and supporting communication to the technology sector.