Sensors are Evolving in Response to Demand for Predictive Data
The usage of sensors is evolving in the supply chain as the demand for predictive data and analytics continues its dramatic rise.
It’s no longer just about knowing where in the supply chain something is; it’s also about getting the bigger picture. The comprehensive transparency of assets that can be provided stretches from the raw material to last-mile delivery, giving businesses a degree of insight that was once unimaginable.
What a business can achieve with sensors depends on its goal. Take the example of a shipment of blueberries. Temperatures are undoubtedly critical, but it’s also important to keep tabs on shock and tilt given the berries’ fragility.
As the price of sensing technology drops, more and more data is within easy reach. Better yet, the sensing information that is captured can be processed in formats that make risk reduction and decision making far easier.
Our very own Paul Baboian, Enterprise IoT and RFID Solutions Manager, told Supply & Demand Chain Executive magazine that companies are just starting to use sensors in the supply chain in ways that are more local to the loads, gaining data-rich information at every segment in real-time thanks to advancements in the cloud, cellular data, and blockchain.
“The advantages begin with the efficiency of automatic data collection, but the ripple of downstream consumption of that data is far greater than the efficiencies upfront,” he said, adding that Barcoding, Inc. offers customized dashboards that provide quick information about where shipments happen to be in the supply chain.
Different Sensors Tackle Different Issues
RFID sensors are one of the most common varieties of sensors thanks to their ease of installation and low cost, and they’re particularly suited to logistics. NFC sensors, meanwhile, shine in warehouse environments.
Sensors aren’t just something that can benefit big firms; small businesses can also make significant gains by leveraging RFID technology.
Baboian added: “The ROI is there due to compliance requirements where chain of custody or track and trace visibility is enhanced.”
This blog post was based off of an article in the June 2018 issue of Supply & Demand Chain Executive. Read the full article here.