Use Cases > Transportation > Supply Chain Visibility

Supply Chain Visibility

Overview

Supply chain visibility solutions provide visibility into the movement of raw materials, components, and finished goods from suppliers to manufacturers to the final buyer. Solutions are typically built on a centralized cloud-based platform that integrates data from multiple systems, including those those of partners. Technologies such as Smart Sensors, RFID, and digital ledger protocols can enable additional functionality. For example, digital ledger technology can keep logs of all transactions occurring on the network in a secure way, while providing supply chain partners with access to specific data. Visibility solutions can enhance the efficiency and transparency of supply chains, record the quantity and transfer of products as they change hands between supply chain nodes, track change orders and buy orders, process shipment notifications, manage trade documents and receipts, link physical products to Bar Codes, and share information about processing or manufacturing processes with suppliers, logistics providers, and customers.

Applicable Industries

Transportation

Applicable Functions

Maintenance
Logistics & Warehousing

Market Size

The GPS Tracking Device System Market is expected to grow at USD 2.53 billion by 2023, at 11.9% of CAGR between 2017 and 2023.

Source: Market Research Future

Business Viewpoint

What business value do shipment tracking technology?

It enables shippers to be in control of their transportation and locate freight at any point in its journey.

How can IoT based shipment tracking and monitoring solutions help your supply chain?

- Improved product quality and consistency

- Decreased in warehousing and storage costs

- Reduced impact of stock outs

- Staying pro-active during supply chain disruptions

- Reduced product shrinkage and insurance costs

- Trade route analysis

- Lower Labor Costs

- Improved Brand Protection

Technology Viewpoint

How is shipping tracking technology made up?

It is made up of three things: sensors, connectivity, and applications.

Sensors make it possible to know the location of your containers, and the connectivity piece (which is particularly difficult when at sea) transmits that location data back to an application. Often shipping companies will pull the location data out of an API and put it into their logistics platform, where the data can be analyzed.

Which systems enable to control transportation?

Track and trace features are available on a transportation management system (TMS). With this technology, companies have insight into carrier performance, transportation costs, and market trends as they manage their logistics.

Data Viewpoint

How is data obtained by the system?

There are different ways like BLE tags, GPS or WiFi.