Behind every successful business, there is a Supply Chain
Management. The aforementioned statement is purposely twisted from its original
form to emphasize how supply chain management, or SCM, can make or break a
business. SCM, as we all know, is the management of providing the
right product, at the right time, at the right place and at the right cost to
the consumer. This continuous process of goods and services has its own set of
challenges like delays in transportation, sluggishly monitoring of cargoes, and
errors in operations, theft, and some handful more.
No matter how big or small a business is, all those
problematic factors can ultimately put profits at risk and increasing cost
pressure. This is especially in the case of perishables, all perishable produce
never make it all the way from the farm to the table. This kind of food wastage
can easily be avoided today by means of efficient supply chain tracking
mechanisms and the ability of logistics, which leverages end computing and
(Internet of Things) IoT to implement real-time automatic, sense-and-respond
feedback systems. IoT is actually transforming the entire food supply chain and
discuss its impact on five levels, namely farming, production and warehouse
management, food safety, logistics, and consumer-based applications.
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| IoT Development Company in India |
Production and warehouse management
Sensors are employed by food manufacturing companies to
strengthen quality control, monitoring worker productivity, streamlining
production by leveraging real-time analytics, tracking and refilling inventory,
and analyzing labor costs.
In the future, machines with predictive maintenance
capabilities could repair their malfunctions automatically, even before
something goes wrong. It is believed that such future IoT applications could
possibly do away with people from the production equation.
Food safety
Food contamination and wastage have always been a concern in
the logistics arena. In order to keep these problems at bay, incorporating
network-connected temperature and humidity sensors in the warehouse allows
first-hand monitoring of food containers, trucks, and trigger alerts, which
prevents damage or replacement of bad products way before they reach the
consumers.
Shippers can also diagnose problems like identifying the
origins of contamination and then quickly restoring them with the help of such
devices.
Logistics
IoT is undoubtedly assisting companies to change their
approach to handling SCM. For instance, bringing unprecedented visibility in
the process by integrating advanced RFID trackers to monitor and control
temperature, tracking product location with the help of GPS, enhancing routes
by analyzing data from weather patterns, keeping a check on driving and traffic
conditions in real-time, automate shipping and delivery processes, etc.
By collecting this data, shippers are able to reckon
performance in the serving areas, understand consumer behavior and make
decisions to reduce deadhead miles in truck fleets.
Consumer applications
In-store barcodes and QR scanners are already being used by
consumers to retrieve product information and other details that influence
their buying decisions. Consumers are also using scan-and-go applications on
their smartphones to scan barcodes of food products in their shopping carts. The final bill of their shopping automatically charges their credit/debit cards as
they exit the store, without having to bother about waiting in the checkout
queue.
Interestingly, there are also those consumers who never
travel to grocery stores because they are using IoT-enabled refrigerators and
smart pantries that allow them to automatically order items.
Farming
Farmers are using drones to gather data on crop growth, monitoring weather patterns, and control usage of water and energy on the field. They are also using predictive analytics to understand the quality of the soil and air, expenditures on labor and equipment in order to make informed decisions.
Relevant examples
In 2017, Florida-based food supply chain start-up Vertigo
had introduced a new IoT quality analysis platform to improve freshness and
reduce wastage of fresh produce in transit.
Oregon-based brewing company Rouge Ales has employed
advanced supply chain tracking tools and management to gather data on temperature
and humidity on its shipments at every stage between the company’s hop yard and
the brewery.
Italian pasta company Barilla uses smart labels on their
product packaging to provide customers full clarity inside their supply chain.
The future
IoT seems to be an ever-expanding world, presenting with
unlimited opportunities for organizations to augment their competitive
advantage via linking sensors, advanced analytics, embedded intelligence, and
human expertise.
In the future, supply chains joining the IoT club will
distinguish themselves from those who are still agnostic and behind the
evolving race.
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