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Internet of Things Transforms Business for Supply Chain Industry

Internet of Things Transforms Business for Supply Chain Industry

 

Asset tracking is an age-old solution, providing comfort to companies moving products from point to point. With technology today, third-party logistics providers (3PLs) and others are able to not only track assets, but also check the condition of their goods in transit.

At Crane World Logistics, a multi-national 3PL, they’re using AT&T Cargo View with FlightSafe at the Dallas warehouse. Crane Worldwide transports and stores high-value assets, such as electronics, accessories, apparel and more. The technology lets them track and trace goods through the entire supply chain process, and real-time about product conditions is visible to their clients by placing special sensors on shipments.

Experience tells that visibility to the supply chain is often more valuable to clients than the product itself. For example, a manufacturer shipping smartphones for a new product launch can check and monitor the exact location of the smartphones during shipment. Information like that is key to a client’s ability to make vital decisions, especially with demand planning and sales forecasting. Using AT&T Cargo View, that manufacturer can also monitor the condition of its product throughout its journey.

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It’s not easy to manage and monitor the customers’ supply chain processes. Transparency and security are essential for our customers. Crane Worldwide works to provide a sense of comfort and peace of mind, and Internet of Things (IoT) technologies enable to tackle these tasks more efficiently than ever before.

Tracking technology and the wealth of data it produces is transforming business and gives the clients a competitive advantage. Their clients are able to optimize their supply chain processes using historical data from past shipments to improve control over operations. For example, retail clients can schedule refills based on data about a current shipment’s location in the supply chain.

But to ensure our clients’ complete confidence, Crane Worldwide needs technology to do more than merely track a shipment’s location. Technology can now check temperature, pressure, light exposure, humidity and vibration. This ensures the cargo is in top condition when it arrives at its final destination. They can determine if the shipment of smartphones arrived without damage from excessive exposure to sunlight or humidity. Technology can even tell if the smartphones endured a bumpy or smooth ride on their way.

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In today’s mobile society, customers want instant information and that’s what Crane Worldwide is now able to provide to our customers. Cargo is precious and highly valuable. Whether freight is moving across the country or the globe, knowing its location and environment adds value to our customers’ businesses and provides them with much-needed peace of mind.

For years, companies have been tracking assets. Logistics companies must meet the evolving demands of their customers and deliver the best service possible. Now, IoT technologies introduced companies like Crane Worldwide to a whole different world of control.



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