The Logistics industry is one of the world’s most important sectors as it keeps the world moving on all fronts. With advancements in technology, there are numerous changes in this industry. The Internet of Things, or IoT, has revolutionized the shipping industry, enhancing accessibility to various cloud based management services and changing the way shipping is conducted. This article looks into the various ways in which the shipping industry benefits from IoT.
Reliable Cargo Tracking
One of the key challenges that most shipping companies and their customers face is loss of cargo. Although such costs can be covered by an insurance company, the process is usually very time-consuming and frustrating. Through technology-based cargo tracking devices, shipping companies are now able to monitor all their shipments from dispatch to delivery. In cases of theft or damage to the cargo, it is easier to know exactly when and where it occurred as well as those responsible.
Improved Supply Chain Management
The Internet of Things has also enabled transportation and logistics companies to efficiently meet varying customer needs. Today, there are various automated shipping software options such as Next Flight Out software which enables shipping companies to schedule, dispatch, and deliver cargo to various destinations within seconds. The technology can even be linked to the customer’s devices to keep them conveniently updated on the progress of their shipments.
Reduced Shipping Costs
Through the automation of shipping processes, transportation companies have been able to significantly reduce the costs of their operations. The use of technology to manage supply chains helps shipping companies cut down on the number of personnel as well as other resources, which contributes to less operational costs. As a result, companies and individuals that rely on shipping services have also experienced lower shipping costs. With expected new developments, the costs of shipping will become even lower in the next few years.
There are several automated shipping platforms that help to ship products easily. Anyone can now simply make orders for products online and have them delivered as instructed with the need to visit a shipping yard.