08 December

Why Should Third Party Logistics Providers Adopt IoT?

Categories: Fleet Management

As we move towards a connected world faster and faster, the sphere of internet connectivity has grown leaps and bounds. Starting from computing devices, internet connectivity has come to our smartphones, televisions, video game consoles, and even in ordinary devices such as refrigerators, coffee machines, and water purifiers. One of the leading spheres where internet connectivity and inter-connectivity amongst devices is being heavily researched are ground vehicular transportation and packaging services. The presence of IoT or (Internet of Things) has allowed ordinary vehicles to be connected to the internet – providing detailed datasets such as location, telemetry, fuel consumption and others. This data can be used for a large number of uses, and businesses are coming up with unique ways to use this data to enhance profitability and consumer experience.

The Shift in Third Party Logistics

The concept of moving physical goods from one location to another is as old as the human civilization itself. Logistics serve as the backbone for nearly all human endeavors, be it business or military. As a result, the correct approach and strategy for moving goods from one place to another can ensure optimal utilization of resources.

Logistics have always been at the heart of the business. Moving raw material from the source to the factory, and moving finished goods to the factory to the market is the core concept of business. To this end, logistics organizations play a vital role in this matter. With the monumental shift in technology, it has become imperative that more and more organizations adopt modern technologies such as IoT to enhance their business processes. To this end, the Pallet Delivery Management System is at the core of adopting new technologies to enable businesses to be more productive and have their supply chains optimized in an effective manner.

How does IoT Benefit Third Party Logistics Providers?

The benefits of IoT for third-party logistics are manifold. Here are a few ways that the adoption of IoT and device-based interconnectivity can benefit logistics companies.

  • Enhance Transparency – With the use of GPS technology, the exact location of each vehicle within the fleet can be tracked with high accuracy. This ensures that each vehicle is under constant supervision. This ensures that vehicle operators use fleet vehicles for their intended purposes.
  • Increase Granular Control – The data from the GPS for interconnected vehicles can be used to find the most optimal routes for these vehicles. Since each vehicle usually makes multiple stops to drop products or raw material; optimal route planning is an essential requirement to reduce fuel costs and improve delivery schedules. With satellite tracking to provide real-time traffic data, IoT-enabled vehicles can be re-routed to the most optimal traffic routes by drivers within their allocated routes.
  • Enhanced Customer Satisfaction – The interconnected GPS data can be further relayed back to both suppliers and end-users; since both of them can be considered as clients for the logistics operator. This data ensures that customers are kept in the loop about the exact location of their shipments, thereby ensuring greater satisfaction.

The Pallet Delivery Management System is the perfect software system that can tie all third-party logistics providers with ease. The software suite ensures complete tracking as well as data relay to the necessary data points across a wide range of devices – including web servers, mobile applications, IoT client devices and others.