SUPPLY CHAIN VISUALIZATION CAN HELP PREVENT COST OVERRUNS
Tracking container movements and providing real-time data is necessary to address bottlenecks in the supply chain. It requires a solution that can integrate data and provide a unified view.
Many enterprises experience cost overruns owing to a lack of awareness about the movement of their containers. Addressing any contingency requires them to have a supply chain that is more visible. NEC India’s Logistic Visualization Solution uses RFID, GPS, authentication technologies, and sensing technologies to track the movement of containers.
Tracking and monitoring supplier performance is required by enterprises that are in manufacturing. Those involved in import and export need to streamline transportation routes. Delays in transportation, supplier issues, or natural disasters can significantly hinder the business.
As part of the Logistic Visualization Solution or LVS, RFID tags are affixed to shipping containers starting their import journey. Positional information about containers in transit is obtained by RFID readers/writers installed at locations such as port entrances and exits, toll plazas on the expressway, and inland container depots where customs inspections are carried out and cargo is reloaded.
The information is uploaded to the cloud and shared with other logistics systems, such as port management systems. Consignors and freight forwarders only need to input the container number to track their containers on a near real-time basis.
Enterprises get many additional benefits by using the solution. Logistic providers who use the solution can predict transportation time through Big Data analysis. The system integrates information across the supply chain and presents a unified view to the customer. Unlike the legacy systems that have been used till now, the solution uses a Cloud platform. Therefore, all the data can be accessed anytime.
Since an RFID system is used, near real-time information is generated about the whereabouts of the containers. This can help manufacturing unit plan production schedules and prevent cost overruns. Businesses can plan their inventory in a better way if they use this service. They can ensure customer satisfaction by providing updates on the shipment. A saving of USD 3.2 billion is predicted simply by maintaining adequate inventory levels.
