State of the Art Tracking Systems Are Making Logistic Management Easier

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The supply chain is one of the most essential processes for our current way of living as a civilization. As consumers and business owners we depend on the transport of products. More importantly, we also depend on the quality and speed of said transport.

At the beginning of the COVID-19 pandemic, we all got a peek at the chaos that might ensue if the flow of logistics and transportation would be affected even by a little. And while this was just a momentary situation, it goes to show just how much we depend on accurate logistics and transportation systems.

Luckily, due to modern technologies, we can make sure that hiccups like these are easily solved and even anticipated. Nowadays, fleet companies use smart tracking devices and integrated systems that completely transform the supply chain by offering a better understanding of how things interconnect.

In this article, we will take a better look at how state of the art tracking systems can make logistics management easier.

Route Optimization

Nowadays, trucking companies install a wide range of devices that follow ELD compliance rules and regulations. These devices use IoT systems to stay interconnected with the main database in order to send and receive real-time data on various aspects such as delivery progress, state of the route, accidents, traffic jams, and so on.

This way, the fleet manager and other interested parties can keep track of the delivery process but can also adjust various elements to speed the delivery and optimize the route. In addition, if a route management system is included in the mix, drivers may receive clear instructions as to which route to take, where to go first, and how to drive in order to optimize delivery and reduce time spent on the road.

Fewer Accidents

Besides tracking, devices like smart dashboard cameras can be used to keep the truck out of trouble and prevent reckless driving. They do so by monitoring and analyzing both the driver’s behavior and traffic conditions (such as weather, driving pattern, other participants, and more). As a result, there are fewer accidents caused by distractions or fatigue. This means better insurance premiums, fewer costs in repairs, and safer roads.

Happier Customers

There are lots of things that can go wrong in the supply chain and every bump in the road can translate into delayed deliveries or damaged goods. Such situations can create friction with the customers, which can make them change suppliers.

However, if you use smart tracking devices and an efficient route optimization software solution, it will become easier to predict and prevent any problems. This also means fewer delays, less damage on the road, and customers who feel they can rely on their supplier. Moreover, if you share the tracking information with the customers, they will be able to follow their delivery which increases their trust in your company’s capacity to keep its promises.

So, by implementing smart solutions you ensure the loyalty of your customers and open the door for new business opportunities.

Wrap Up

The digital transformation of businesses started a long time ago but nowadays it’s close to impossible to last in a competitive market without it. The supply chain system is one of the fastest-growing and most competitive industries in the world, and smart technology helps you get a competitive advantage.

In addition, the use of intelligent devices and software tools helps reduce costs, increase customer retention and loyalty, and keep the roads safer for everyone. Moreover, we are only a few years away from trucks that can drive by themselves, so it helps to be prepared when it comes to the implementation of new technologies.

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Gain the knowledge and develop the expertise to become an expert in Supply Chain Management (SCM). Our frameworks are based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts. Click here for full details.

Supply Chain Management (SCM) is the design, planning, execution, control, and monitoring of Supply Chain activities. It also captures the management of the flow of goods and services.

In February of 2020, COVID-19 disrupted—and in many cases halted—global Supply Chains, revealing just how fragile they have become. By April, many countries experienced declines of over 40% in domestic and international trade.

COVID-19 has likewise changed how Supply Chain Executives approach and think about SCM. In the pre-COVID-19 era of globalization, the objective was to be Lean and Cost-effective. In the post-COVID-19 world, companies must now focus on making their Supply Chains Resilient, Agile, and Smart. Additional trends include Digitization, Sustainability, and Manufacturing Reshoring.

Learn about our Supply Chain Management (SCM) Best Practice Frameworks here.