Streamlining The Entire Supply Chain Through IoT Enabled Asset Tracking And Monitoring Solutions

Safe and efficient monitoring during the logistics journey.

High-value and perishable assets require stringent monitoring processes to be in place to ensure their safety and efficacy during the logistics journey.

The rise in the adoption of IoT based solutions.

The utilisation of IoT technology within global supply chains is increasing across many industries. The rise in the adoption of IoT based solutions has enabled companies to develop greater asset intelligence on their valuable assets. A connected supply chain offers many benefits for companies aiming to optimise their logistics processes. IoT solutions enable the transfer of data between devices and the ‘cloud’ to ensure companies attain greater visibility of their high-value assets.

Asset tracking devices, data loggers and the data they consistently collect, build an interconnected supply chain that reduces middle-man interferences, thus increasing operational efficiency. McKinsey & Company reported after 2020, 61% of executives who introduced AI into their supply chains reported decreased costs, and more than 50% reported increased revenues within the supply chain sector. Evidently, the utilisation of IoT enabled solutions is becoming the industry standard due to its proven advantages. 

IoT technology to enable greater end-to-end visibility.

Asset tracking devices utilising IoT technology enable greater end-to-end visibility to be present within the supply chain. High-value and perishable assets require stringent monitoring processes to be in place to ensure their safety and efficacy during the logistics journey and to provide location tracking and geofencing capabilities.

As the world evolves from the pandemic, new solutions and innovative ideas are being put in place to reduce supply chain challenges. Bottlenecks, product shortages and mishandled assets are key concerns as global demands for everyday goods grow. Limited access and insights into the status of assets during transport reduces the ability for companies to understand how products and assets are being handled and stored throughout and take necessary action. With the greater adoption of IoT technologies, companies across all industries can gain access to near real-time and valuable data to make business decisions. 

Simplified asset management.

Streamlining supply chain operations will provide industries with simplified asset management, reduce challenges and ensure companies can meet growing regulations and compliance measures. Insightful data gathered by asset tracking solutions will provide valuable information on important metrics such as location and asset status, and help monitor OTIF.

Depending on the nature of the assets, companies can set parameters for various metrics such as temperature, to ensure action can be taken if violations occur. Data collected from our solutions can create greater transparency throughout the supply chain, and provide greater asset reliability. A streamlined supply chain utilising IoT asset tracking solutions provides the needed visibility required to meet evolving demands. 

At Adapt Ideations, we understand the need for greater asset and supply chain intelligence. Our wide catalogue of solutions caters to unique use cases and the needs of our clients to optimise their operations.

Streamline the supply chain.

Data gathered from our IoT enabled solutions will enable companies to streamline their supply chain and receive data on their valuable assets. Data that enables proactive action to be taken enables greater supply chain efficiency to occur. By taking advantage of our IoT enabled solutions and the valuable asset intelligence they provide, companies can optimise and streamline their supply chain. 

Contact us today at enquiries@adaptideations.com for further information on our innovative solutions.