{"id":715,"date":"2016-03-03T12:36:16","date_gmt":"2016-03-03T11:36:16","guid":{"rendered":"http:\/\/en.advancedfleetmanagementconsulting.com\/?p=715"},"modified":"2016-03-03T12:36:16","modified_gmt":"2016-03-03T11:36:16","slug":"how-the-internet-of-things-can-develop-your-supply-chain","status":"publish","type":"post","link":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/2016\/03\/03\/how-the-internet-of-things-can-develop-your-supply-chain\/","title":{"rendered":"How the Internet of Things can develop your supply chain"},"content":{"rendered":"

\"iot\"<\/a><\/p>\n

It\u2019s more than a trend, it seems to be an evolution. The Internet of Things (IoT) is referred to by many experts, academics and business leaders from different areas of expertise as the next big step in the online world.<\/p>\n

Basically, we are talking about a new way of living \u2013 and producing – in which people are fully connected through almost every device that is used in daily life; from mobile gadgets,\u00a0cars, motorcycle helmets, supermarkets, taxi’s. Just name it.<\/p>\n

This new level of integration and it practical application is being analyzed, considered and applied\u00a0on\u00a0many economic areas, including\u00a0logistics<\/a><\/strong><\/span> and supply chain management.<\/a><\/span><\/strong><\/p>\n

Last year, Gartner<\/a><\/span><\/strong> (a US-based technology consultant company) outlined some factors that will improve the supply chain. According to them, the benefits will be visible mainly in internal processes and communication with clients. Example of these are:<\/p>\n

1. Improve existing processes:<\/strong> \u201cSpanning asset utilization, warehouse space optimization or production planning.\u201d<\/p>\n

2. Fully Redesign:<\/strong> \u201cThe proliferation of the adoption of IoT will drive the need for the redesign of many existing supply chain processes.\u201d<\/p>\n

3.\u00a0Information:<\/strong> \u201cWith the IoT, the supply chain will have unprecedented access to data valued by internal and external stakeholders. This presents an opportunity for groups to co-develop new information-based solutions for individual customers or markets.\u201d<\/p>\n

4.\u00a0Convergence:<\/strong> \u201cInfusion of IoT in the supply chain will create new challenges and demands on the supply chain organization who will likely be tasked with delivering, sourcing and maintaining technology-enabled products and solutions.\u201d<\/p>\n

Related to this, Inbound Logistics columnist Udaya Chankar<\/a><\/span><\/strong>, explains that this new Internet contributes to businesses by having \u201cricher data and deeper intelligence for all parties in a supply network. And that doesn\u2019t just apply to product visibility<\/a><\/span><\/strong>. By allowing devices to \u201ctalk to each other\u201d in the right way, IoT can help supply chain management to reduce asset loss, save fuel costs, to ensure temperature stability (in cold chains), to manage warehouse stock, to gain user insight and to create fleet efficiencies.\u201d<\/p>\n

But, how can it be applied to practical situations? Let\u2019s look at an example. \u201cThe product life cycle management systems \u2013 The Chartered Institute of Procurement and Supply (Cips)<\/a>\u00a0<\/strong><\/span>explains – it will expand to incorporate various product performance measurements; Enterprise resource planning (ERP) systems will be able to monitor parts that need replacing, and customer relationship management applications will automatically notify customers of the need to replace the part before a fault occurs.\u201d<\/p>\n

Also, there are major companies that are foreseeing the challenges that are needed to be taken in order to achieve a real IoT environment. DHL<\/a><\/strong>,<\/span> for example, stands that \u201cTo successfully implement IoT in logistics will require strong collaboration, along with high levels of participation between different players and competitors within the supply chain, and a common willingness to invest. The shared end goal will be to create a thriving IoT ecosystem.\u201d<\/p>\n

Is your company adopting and using the Internet of Things in logistics<\/a><\/span><\/strong>, supply chain<\/a> <\/strong><\/span>and fleet management<\/a><\/strong><\/span>? I invite you to leave a comment.<\/p>\n

www.driv.in<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s more than a trend, it seems to be an evolution. The Internet of Things (IoT) is referred to by many experts, academics and business leaders from different areas of expertise as the next big step in the online world. Basically, we are talking about a new way of living \u2013 and producing – in…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[18],"tags":[78,79,50],"_links":{"self":[{"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/posts\/715"}],"collection":[{"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/comments?post=715"}],"version-history":[{"count":0,"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/posts\/715\/revisions"}],"wp:attachment":[{"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/media?parent=715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/categories?post=715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/tags?post=715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}