Internet of things in supply chain

Internet of Things (IoT) is a connection of devices that will supervise and transfer data via internet and without human interactions. IoT in logistics can enhances visibility of each step of supply chain and it can improve efficiency of supply chain by monitoring inventory, automate stock recording and keep track of deliveries in real time. Sensors can predict wear and tear on equipment, it would helpful for timely maintenance. Implementing IoT technology into logistics and supply chain industries can improves efficiency, transparency, and fleet management.

Fleetroot and Ambrosus are the startup companies they are providing IoT services for logistics and supply chain to others

1.   Fleetroot – fleet management

    Fleetroot is a United Arab Emirates-based startup offers an IoT platform for logistics and supply chain companies to control and manage their fleet. It gives a fuel management solution by providing fuel consumption and wastage reports. This can monitor the performance of vehicle and send a critical alert by using sensors and devices attached with the vehicle. Fleetroot also offers GPS tracking system which will help fleet managers to find the best route and this GPS tracker can help to lower fuel costs, vehicle theft production and customer delights.

    2.    Ambrosus – Real time supply chain visibility

    Ambrosus is a Belizean based Startup builds a Block chain based IoT network for food and pharma supply chain sectors. This network provides tools to analyze the data for optimizing the supply chain. This plat form also offers accurate shipments throughout supply chain.