IoT is becoming the backbone of the supply chain and logistics industry. We can digitize many services core to the essential day-to-day operation of businesses across the world today. However, when it comes to moving materials from point A to point B, we have to rely on mechanical means. That’s why supply chain and logistics are called the lifeline industry of the world. As the world is trying to become more sustainable and efficient, this industry has led the march in reducing carbon footprints and realizing precise and prompt operation resulting in cost-effectiveness.

Over the last couple of decades, industry leaders have been on a constant hunt to leverage digital technologies crucial for supply chain operation such as real-time tracking & monitoring of vehicles, understanding the driving habits of the workforce, tracking vehicle idling & fuel usage trends, and predicting vehicle failures that are crucial in the supply chain operation. For example, before the advent of IoT, companies could not gain insights into the driving habits of the workforce like harsh braking, cornering, etc. which made improving the performance of inefficient & discourteous drivers through training difficult.

With the dawn of IoT,  data can now be drawn from the IoT assets installed in the trucks that provided vehicle speed, engine coolant temperature & RPM, trip mileage/fuel consumption, hard acceleration/brake, engine idle time, etc. in real-time. By analyzing the collected data, a complete picture of real-time operations can be made available. These insights help companies select the most appropriate route, maximize uptime, control costs, and reduce fuel, thereby boosting productivity, increasing operational efficiency, and optimizing fleet.

However, to architect such a solution, an integrated IoT & Data Analytics platform is required. The platform should be robust to support any device and possess the ability to perform analytics for critical insights.

Indocosmo’s expert consulting services  in IoT & Data Analytics can harness this highly beneficial technology for your organization. Our solutions are highly customizable and tailored to meet each client’s needs. The analyzed data that we provide will help the management of your organization to make practical and foresighted decisions reflecting positive growth and performance in the organization.