2020 is just a few short months away, what does the future hold? Our team has researched future warehousing trends for 2020 and beyond. From sustainability to 3D printing, the sky is the limit when it comes to what the future holds for warehousing.
2020 is in just a few short months. It’s the year that Gartner predicted that more than 50% of major business processes will incorporate some form of the Internet of Things (IoT). Logistics companies are upon some of these major businesses. Though often disregarded, the application of IoT in supply chain management is already making extraordinary advances and improvements in the logistics landscape. From sensors providing visibility of products in transit to cloud platforms that optimize fleet management and load dispatching. Implementing IoT technology not only ensures efficient operations, but it also gives an edge on competitors and builds your brand. Below are a few of the many functions IoT provides for various logistics companies.
1. Tracking Capabilites
An essential IoT function in the supply chain is tracking and visibility. A Forrester study concluded that 77% of surveyed organizations consider locating objects, containers, and drivers as the top primary functions of supply chain IoT. With RFID and GPS sensors, operators can trace a product, truck, or container in real-time. These technologies also monitor vital details like time spent in transit and temperature control. This data allows operations managers to improve and get a firmer grip on quality control and on-time deliveries.
2. Fleet Management
To efficiently manage fleet operations, there are now GPS and other tracking technology capabilities that gather data in real-time. These IoT functions are essential for a fleet operations team, so they know the location of the trucks, weather conditions, traffic situations, driving patterns, and average speed. This real-time data helps logistics operators make more efficient routes, manage headcounts, save on fuel cost, and ultimately optimize their fleet.
3. The Ability to Predict Maintenance
Supply chain management is typically an asset-intensive business process. From warehouse equipment to delivery vehicles, these assets need to be continuously monitored to ensure that they are still that processes are running as efficiently as possible. Through the capabilities of smart sensors, operators can determine if a particular asset needs to be serviced. Thus resulting in reduced asset downtime and asset failure, which overall saves money.
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Employee education is an essential key to the success of your organization- it’s a fundamental way to set your business apart from the competition. Employees who feel their company is invested in their careers are likely to stay longer and work harder. On top of employee satisfaction training allows your employees to become more versatile and bolsters the value of that employee. There countless benefits to the importance of employee development, such as– a more competitive workforce, increased employee retention, and higher employee engagement.
At Taylor Logistics, we make sure all staff members in any role are equipped with the tools they need to succeed. We have memberships to many professional logistics, warehousing, management, and quality organizations that allow our employees to benefit from their classes, webinars, and discussions. Organizations such as The Resource for Warehouse Logistics (IWLA) which offer various course offerings throughout the year. A number of our staff members have attended IWLA courses including their Essentials of Warehousing and Rate Class. All classes are closed with a course exam and upon a passing grade are complete with a certificate adding value to that employees’ career.
Along with classes, our upper management will send several employees a year to various conferences in our particular fields. It’s a part of the Taylor model not only to learn and grow from these opportunities but to gain a new network from them. Through these various organizations and conferences, we have expanded our industry contact list, which allows for continuous brainstorming and mentorship.
Training doesn’t have to be as complicated as sending someone to a class for a certification or to a conference but can be a tutorial on creating a PowerPoint Presentation or on Adobe InDesign formatting. If there is an area an employee is looking to improve in, we try and provide the tools necessary for their success. The importance of training our employees – both new and experienced – cannot be overemphasized in our organization.
Other classes, organizations, conferences, and certifications our staff attends: