Home

Secure, Smart, and Stable: The era of asset tracking in logistics

Know where we stand and move up

As we all know, the logistic sector serves as the backbone of every nation. Without a reliable and sustainable supply chain, the country’s growth can fluctuate from peak to deep. In this age of digitisation and mobility, the architecture must require an economically efficient, enhanced, and established mode of business operation.

And it’s an exceptionally influential industry in these ghost days of the pandemic. When diverse sectors have gone down, the logistics industry couldn’t step back. Moreover, it’s the fuel to drive the nation and feed to deliver the ration.

Logistics is the only physical network on wheels to connect the nations. But the entire logistics industry was clueless and unaware of the consequences of the pandemic that let us rethink human-centric practices.
In addition, exploration of the emerging possibilities of technologies are popular in the population.

Steps to strengthen the core

The industry has to be re-engineered with the renovated and real-time technologies. However, we must have a depth of knowledge within the certainties before modernising the existing system. That would begin with a reliable tracking system for the asset and restructured management of assets in logistics.

Monitoring and management

Monitoring and managing may vary in each industry. A food and beverage firm needs to stabilise the parameters such as temperature and humidity in transit and storage.

A construction company would need machinery’s live location to schedule the human resources or other machines. Because the requirements can vary, but things would be at ease with a reliable, sustainable and transparent monitoring system.

Stability is in simplicity

With digitalisation, we can reimagine mobility in all-additional features such as

  • Geolocation tagging (tracking with ease and optimisation of the maintenance process)
  • Inbound and outbound information (automation of incoming and outgoing goods)
  • Use and slots (free or occupied before the movement, enhance the coordination)
  • Dirty or clean bundle (condition of the consignment in transit)

How does it do – IoT

Yes! The Internet of Things (IoT) forms an effective way to achieve digitalisation in logistics firms. IoT establishes a network of physical objects, which can be rephrased as “things”. These objects implemented and embedded with sensors, software, and other various technologies to communicate within the connected devices could be a household to an industry of a million employees.

Using IoT technology in logistics infrastructure can benefit the entire system. Especially the end to end personnel, where the majority doesn’t have an IT background. But the IoT implementation and practice would be easy with the basic knowledge of smartphones.

  • Real-time visibility: IoT can provide analytics data on demands and modulations in the market. That can give insight into asset management and business development.
  • Supply chain efficiency: On IoT & asset management systems, the organisations can track, analyse and monitor supply chain movement and its whereabouts.
  • Data-driven technology: IoT can do data mining and the patterns of purchase by the customer.
  • Safety: IoT sensors with mobile phones can check driver behaviour, it prevents accidents.
  • Fleet management: IoT technology holds transparency. It can limit humane errors.

Asset Tracking technologies to consider in Logistics

Asset tracking and management in logistics with barcode and RFID solutions

Barcode System

The idea of a barcode system is to carry the up-to-date and relatable data in a single strip of visible and machine-readable format. It was one of the revolutionary inventions in the 20th century, and its quick adoption has changed manufacturing, distribution and retail. Barcode system contains hardware devices such as barcode printers and scanners and collective software applications. We can accommodate the barcode system as a tool for asset tracking in logistics with simple steps.

Assign and track with Barcode System

  • With the help of booming barcode technology provider like Technowave, we can assign and print a unique tracking number on a package at the first point of contact.
  • The software application will link the information into the database.
  • The application can transfer the information through the internet to the second point of contact. Thus, it has the information about a package before it shows up.
  • When the shipment reaches its endpoint, with a barcode scanner, the unique tracking number can reveal the package’s whereabouts.

We can find various barcode printers and scanners from a leading provider like Technowave technologies.

Advantages

  • The barcode printers and scanners are comparatively budget-friendly.
  • The barcode devices are exceptionally authentic and available.

RFID System

Radio Frequency Identification (RFID) appears similar to the barcode system, but it can transmit the information as radio waves. It works based on the Automatic Identification and Data Capture (AIDC) technology. RFID can overcome the inconvenience of one-to-one scanning, durability, documentation, and human errors in barcode or QR systems.

A simple RFID system has three major parts, an RFID tag, an RFID reader and an antenna.

Assign and track with RFID System

  • We can create RFID tags containing the package information with an RFID printer.
  • Then attach the RFID to the package at the first point of contact of the shipment.
  • The RFID tag transfers the information as radio waves.
  • With the help of a hand or gate RFID reader, we can collect and store the data in the database from the first to endpoints.

We can use a wide range of RFID printers and readers available in the market like Technowave technologies to operate.

Advantages

  • Workable and flexible in the process to improve the service.
  • Simple monitoring and management processes.
  • Automatic collection of information avoids human errors.

What to choose?

When our overview is stable, we can determine what to choose among the vendors. Here are some factors to be considered.

  • Asset mobility: Know where we’re taking it. (Promises restrictions)
  • Location accuracy: Know what’s new in the technology. (Now it’s Ultra-wideband UWB)
  • Tracking frequency: Know when to track it. (The duration of analysis)

It is salient that you make the choices of trade among the listed specifications to design the asset tracking system which fits all your firms. In case, the accuracy of tracking can improve by investing in the infrastructure, i.e., increasing the number of tags and receivers and strategically positioning them. Thus, it would be a tradeoff between traffic and output.

Future of logistics with Asset Tracking: The flying colours

Basic understanding and installation of the asset tracking system aren’t adequate to sustain in the modern world of logistics. One should be up-to-date with the flowing of technology in the area to be successful in the business.
There are loads of inventions under proportion in asset tracking in logistics like:-

  1. Indoor Positioning Technology (IPS)
    • It’s locating people and objects within a closed area. The technology can help track packages within a warehouse or dumping yard.
  2. Artificial Intelligence (AI)
    • A programmed skull does its ease for monitoring and management. AI is developing its database minute by minute, perhaps milliseconds by milliseconds.
    • AI-based planning for AI-based execution isn’t a distant dream anymore.

The state of flow

  • Innovations using real-time data sources will support progress in three critical areas: risk, costs and sustainability.
  • The forthcoming is an age of digital-human approach.
  • Where humans and machines work towards the betterment of the supply chain industry by hand-to-hand and shoulder-to-shoulder.
  • Where we won’t be fragile in socio-economic, environmental calamities.
  • And we would be secure, smart and stable in the flexibility with the digitalisation by the renewable ecosystem.

Leave a Reply

Your email address will not be published. Required fields are marked *