IoT is revitalizing the logistics industry with impressive applications. The number of connected devices is projected to cross 50 billion by the next of 2020. Logistics and supply chain are the most crucial stakeholders. Transporters confirm that they are attaining remarkable profits by improving resource optimization with smart devices. Below are some of the most vital use cases of IoT in logistics industry.
Vehicle Surveillance and Monitoring
The ride-hailing services like Uber and Lyft are already leveraging the power of GPS to ensure real-time surveillance, monitoring, and tracking of vehicles. However, IoT in supply chain and logistics can be even more effective. It allows scheduling of fleet apart from freight management. The IoT apps with GPS technology also display weather and road conditions collected from various vehicles.
IoT also provides the ability to track vehicle health. An efficiently built app would display the info regarding condition of tires and mechanics by acquiring the information from onboard devices. Moreover, the technology also assists drivers in parking and managers in fuel optimization.
Delivery Drones defining Future of IoT in Logistics
With alarming amount of traffic bustling through highways and midtown roads, the future of mobility might appear bleak. A couple of decades back, some industrialists and city administrations wished to redesign routes so that small parcel delivery network follows different route from the ones followed by private cars. Fortunately, innovations in drone technology are playing a crucial role in addressing this challenge.
The startups like Flirtey are demonstrating the fact that delivery through mini-drones is more than a concept. Although the services provided by such startups are on a very small scale, yet administrations forecast that they will be able to transfer the traffic load consumed by parcel and food delivery services entirely on drones.
Smart IoT devices enable you to make efficient warehouse management as well as inventory tracking. The management of large warehouses is often a huge mess for managers. IoT devices with the leverage of smartphone app provide the ability of aggregate planning and improved cross-docking and drop shipping.
Instead of verifying product units manually, RFID and barcode tags ensure that machines with scanners perform this job for you. The results of IoT in transportation and logistics can be seen over purpose-built smartphone app. Consequently, inventory tracking becomes excessively easier and effective as well. Besides, the cost of operations are is reduced significantly.
Facilitating Autonomous Mobility
IoT is leading a revolution in transport industry by enabling autonomous mobility. Self-driving cars are highly reliant on intelligent devices embedded in the vehicle. Innoviz LiDAR is an example. This device measures the distance of surrounding objects while an autonomous vehicle moves ahead and takes turns. It shares real-time data prompting the vehicle to decide about pushing acceleration and brakes at an appropriate time.
The widespread adoption of LiDAR will not only facilitate authorities in solving traffic problems but will also ensure improvement in vehicle’s fuel efficiency. LiDAR mounted self-driving vehicles have been tested for millions of miles. The manufacturers and independent reviewers confirm that this technology will drastically reduce road accidents.
Thousands of logistics vehicles operating in various regions of the US develop a huge traffic network. The use of IoT devices in these vehicles enables the fleet managers to collaborate and create a connected mesh. It allows you to understand driving behaviors of drivers by utilizing heat map. The devices improve safety of fleet and provide mechanism to enhance fatigue management.
One of the most crucial aspects is the development of route plans by using the data from various devices embedded in vehicle. You do not need to be present in the vehicle. Instead, you can monitor fleet remotely using smartphone apps.
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