IoT, Moulding The Future Of Logistics Industry
IoT can be beneficial not only in the field of transportation, but the Logistics industry can also utilize the use of IoT, Ai, and machine learning. Supply chain management, Inventory tracking, and delivery can be 3 areas where iot becomes beneficial.
Inventory tracking and supply chain management
Difficulty in managing goods in inventory can be reduced through the digital transformation of implementing IoT. This will enable officials in managing goods far better than the way they used to. Through the smart shelf system, the time consumption in inventory management can be reduced threefold.
Another area that IoT can change through digital transformation is supply chain management. An automated management system that monitors the supply chain from raw material processing to the finished products will cut down the cost and time needed to be invested.
Drones for smart delivery
Delivering small products and commodities using drones, can be economically more viable, studies suggest. The economics of delivery are controlled by two factors — route density and drop size. By using drones, the labor cost, labor time and cost of delivery can be reduced substantially.
The emergence of technology has to be delivered evenly to most industries and Zoondia is looking forward to being a part of this process.
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