The pandemic has wreaked havoc on retail and manufacturing supply chains, but innovative new sensors could save the day
Supply chain and logistics have seen massive disruptions as a result of COVID-19, creating new challenges for retail and manufacturing operations worldwide. In its new report “Sensing for Modern Logistics,” Lux Research identifies how sensors can be used to improve and modernize logistics across various industries to shore up global supply chain infrastructures.
According to Lux, there are four critical points in the logistics process – point of origin, warehousing, transit, and destination – each with a unique set of challenges that impact the efficiency of supply chains, sometimes even leading to complete breakdowns.
“Things that go wrong in the logistics process include pilfering, asset misplacement, and physical damage due to improper storage conditions and unexpected events,” explained Lisheng Gao, Ph.D., Analyst at Lux Research and lead author of the report. These logistical challenges will be exacerbated as vaccines become available for COVID-19. “It’s now more important than ever to ensure the right goods are transported in the right quantities, under the right conditions, and delivered to the right place at the right time. Only then will it be possible for society to remain functional and ensure that abundant resources are available to fight the pandemic,” Gao added.
Fortunately, sensors can alert companies to these problems and help them address these issues, sometimes even before they become a problem. “IoT sensing solutions are the most promising, as they can enhance data visibility and transparency across the entire process and facilitate planning, optimizing, and uncovering other invisible insights,” said Gao. They can be used to monitor environmental conditions, prevent misplacement, identify damages, avoid accidents, ensure compliance, track location, reveal real-time conditions, and more. Even without network connections, sensors can still reveal the logistical history of the process, helping to identify events that might have compromised goods.
Lux believes that today, sensing solutions for logistics are fragmented, with no standardized solutions available to span the entire logistics journey. Nonetheless, sensors play a critical role in enabling information transparency to facilitate planning, optimization, and risk management in the supply chain. Lux Research recommends that companies that are looking for sensing solutions embrace the available technologies, despite their current limitations.
Adipiscing elit, sed do
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Tempor incididunt ut labore et dolore
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Related Articles
Cost savings and reduced environmental impact with IoT and Wireless Sensor Technology
One of the most promising features of sustainable IoT solutions is the use of wireless and battery-free sensors The rapid evolution of the Internet of Things (IoT) is transforming the way we live and work. It offers businesses opportunities to become more efficient,...
IoT research: Installed base of construction equipment OEM telematics systems sees rapid growth
“Most major construction equipment OEMs have introduced telematics offerings for their customers either independently or in collaboration with telematics partners” Berg Insight, an IoT market research provider, has in a new market research project found that the...
Ellisys and Novel Bits LLC Enter Partnership for New Bluetooth Low Energy Training Program
Integration of Industry-Leading Protocol Analysis Tools to Add Real-World Component to Curriculum Ellisys, a worldwide provider of protocol test, analysis, and qualification solutions for Bluetooth®, Universal Serial Bus (USB), and other wired and wireless...
Stay Up to Date With The Latest News & Updates
Our Sponsors
Incisor.TV partners with leading organisations in the technology sector.
Follow Us
And stay up to date with our news! We are active across the key social media platforms – please do follow us!
0 Comments