Considering the high amount of investment in industrial packaging, gaining visibility and tracking these assets has become a priority. With the increased complexity of the logistics value chain, companies need see beyond their own sites to suppliers', producers', distributors' and end-clients'.
IoT plays a crucial role into providing businesses with end-to-end insights on their goods as they travel by land, sea, and air. Access to data can be used to improve inventory management,
reduce carrying costs and increase business predictability. Enhanced productivity becomes possible by reducing losses and identifying weaknesses in the supply chain.
Security of the supply chain is enhanced guarantee business continuity and reinforce existing security protocols.
*Case study: Sigfox with Michelin: https://www.sigfox.com/en/news/case-study-michelin
Considering that 10% of packaging fleets are lost every year, IoT solutions can help businesses to:
Optimize asset fleets
Increase fleet usage and decrease dwell time - and prevent any type of leakage or production interruptions in production
Reduce asset loss
Detection of hot spots for losses
Increase supply chain flow visibility & efficiency
Supply chain optimization and reduce transport costs