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Having looked at Supply chain challenges and logistics marketplace driving changes in the warehousing domain, now let’s look at the next driver of change now.
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Who is not aware of the way IOT is entering our lives day by day. By the sheer capability of communicating and collaborating well between things miles apart without human intervention, its adaptability is growing at a pace unprecedented.
The benefits that are perceived with IOT in warehousing domain are
~ The ability to readily identify risks in the supply chain
~ Provides real-time data on weather and other conditions causing shipment delays
~ Helps companies meet chain-of-custody regulations for sensitive cargo
~ Reduces damaged and lost goods, as well as equipment damage
~ Precise location data reduces the time it takes to locate specific inventory
~ Improves inventory management and forecasting accuracy
Now remember the KPI we talked about last week. Isn’t it great that now the performance management and monitoring is getting automated and hence no hiding of errors, no under the carpet mistakes and no false commitments on delivery timelines.
With these sort of technologies taking over the tasks from us humans, it is no wonder that soon we will be able to see warehouses having an end to end supply chain visibility and thus planning and communicating the timelines of delivery, procurement, customer queries and everything else just by their own.
Imagine an amazon order visible to you over the map moving right from manufacturer to your doorstep from the time you ordered and till it is delivered.
We shall look at some more drivers next week as tomorrow and day after are days to relook at our perspectives and revolve them around some words related to life and business.
Till then do remember the name of the game in warehouse consulting isΒ Synergeze Consultants Private LimitedΒ – your end to end execution based consulting partner in supply chain.
