© 2021 Andvista Consulting
Traceability
GO WITH VISION
Traceability is the foundation of supply chain due diligence.
Compliance starts with traceability.
Compliance starts with traceability.
What?
The Internet of Things, or IoT, is the interconnection via the internet of devices embedded in objects, enabling them to send and receive data.
These devices collect and exchange data with other devices within a network so the data can be aggregated for analysis, reporting, or predictive alarming.
IOT devices can connect to the internet by a variety of technologies ranging from WiFi, BlueTooth, Ethernet, Zigbee or Cellular.
These devices collect and exchange data with other devices within a network so the data can be aggregated for analysis, reporting, or predictive alarming.
IOT devices can connect to the internet by a variety of technologies ranging from WiFi, BlueTooth, Ethernet, Zigbee or Cellular.
Benefits?
The benefits extend across the entire supply chain and delivery operations, including warehousing operations, freight transportation, and last-mile delivery.
With IoT, we can now understand the context (the time and the place of the customer) to identify when we are certain the customer needs help or an incentive to purchase, and we can respond proactively.
With IoT, we can now understand the context (the time and the place of the customer) to identify when we are certain the customer needs help or an incentive to purchase, and we can respond proactively.
Unlike RFID, there is no scanning required so it fits seamlessly into your existing environment without disrupting people or processes.
Our technology enhance operational efficiency, increase security and compliance, reduce loss, increase profit margins and improve customer satisfaction in your supply chain, cold chain, manufacturing, warehousing, and logistics.
Our technology enhance operational efficiency, increase security and compliance, reduce loss, increase profit margins and improve customer satisfaction in your supply chain, cold chain, manufacturing, warehousing, and logistics.
IoT ensures:
- Right products, at the right time, place, quantity, condition and at the right cost along the supply chain,
- Transparency in real time.
IoT ensures:
- Inventory traceability through multi level view of products in transit and at rest,
- Visual of the entire inventory at any given point in time,
- Utilization of every square meter of warehousing space optimally to ensure specific goods can be retrieved, processed, and delivered as fast as possible.
IoT ensures:
How to handle unexpected surge in demand due to unscheduled event:
Cost-based decisions on the fly to best fulfill customer needs across channels.
- IOT allows for better visibility, such as identifying within a 10-minute timeframe when goods will be delivered,
How to handle unexpected surge in demand due to unscheduled event:
- Warehouse systems automatically re-order products when inventories reach certain levels. With an accurate real-time understanding of where inventory is located,
Cost-based decisions on the fly to best fulfill customer needs across channels.
IoT ensures:
Optimize merchandise stock levels
The problem: the biggest challenges is customer dissatisfaction due to out of stock items. 50% of customers go to another store if their preferred items are out of stock.
→ IOT transforms products in Smart products
Automatically monitor inventory in stores.
Product placement (planogram)
Product placement is critical and time consuming, this is another area in which smart products can dramatically benefit retailers.
→ With real time data being reported, product placement teams reduce the time it takes to analyze merchandise layouts, track the results of changes, make modifications, or plan for reorganizations.
Optimize merchandise stock levels
The problem: the biggest challenges is customer dissatisfaction due to out of stock items. 50% of customers go to another store if their preferred items are out of stock.
→ IOT transforms products in Smart products
Automatically monitor inventory in stores.
- How much product is in stock at any given moment: Automate alerts or reordering when levels reach a threshold, and prevent restocking items that are underperforming.
Product placement (planogram)
Product placement is critical and time consuming, this is another area in which smart products can dramatically benefit retailers.
→ With real time data being reported, product placement teams reduce the time it takes to analyze merchandise layouts, track the results of changes, make modifications, or plan for reorganizations.
IoT ensures:
Eenables consumers to receive what they want, when and how they want it
IOT allows for an analytics-driven approach that applies intelligence to the context of the consumer (where he or she is, what he or she is hoping to accomplish)
For consumers, improved efficiency will flow from several key IOT-reliant applications, including:
Eenables consumers to receive what they want, when and how they want it
IOT allows for an analytics-driven approach that applies intelligence to the context of the consumer (where he or she is, what he or she is hoping to accomplish)
For consumers, improved efficiency will flow from several key IOT-reliant applications, including:
- Checkout optimization tools,
- In-store guidance for shoppers,
- Mobile payments, including Apple Pay
IoT ensures:
IOT → granular insight into the supply chain coupled with cloud computing and data analytics,
IOT leads to massive data collection. Data quality is more important than ever.
Big data solutions means that the large amounts of data collected can be captured, stored, analyzed, curated, searched, shared, much beyond the capability of traditional relational database systems.
The use of analytics is crucial if organizations are to capture and make sense of the data generated from connected devices.
IOT creates new data and business intelligence
→ Taking full advantage means companies must incorporate analytics into their strategic vision and use it to make better, faster decisions.
IOT → granular insight into the supply chain coupled with cloud computing and data analytics,
IOT leads to massive data collection. Data quality is more important than ever.
Big data solutions means that the large amounts of data collected can be captured, stored, analyzed, curated, searched, shared, much beyond the capability of traditional relational database systems.
The use of analytics is crucial if organizations are to capture and make sense of the data generated from connected devices.
IOT creates new data and business intelligence
→ Taking full advantage means companies must incorporate analytics into their strategic vision and use it to make better, faster decisions.
IoT ensures:
The IOT is by essence analytical and integrated
The IOT is by essence analytical and integrated
- Mobile computing growing steadily with more mobile phones expected in 2020 than people in the world,
- With the move towards 5G, wireless communication will reach a new level of maturity connecting everything anytime, (performance x 1 000 superior than 4G),
- Cloud computing and big data technologies will enable new data-based services.
- BLE (Bluetooth Low Energy) technology enables greater precision and flexibility,
- RFID needs an expensive infrastructure to operate. – BLE is very scalable,
- BLE’s not merely deliver location coordinates; they enable interactions with mobile apps that communicate with customers and add value in new ways. - RFID does not come with an inherent compatibility with mobile,
- No readers required with BLE. – RFID readers are large and expensive,
- Dynamic and instant configurability using BLE’s for 100s or 1000s of products. - Not possible in RFID,
- Power and interference issues with RFID result in data inaccuracy. – BLE solves this issue.
- Passive RFID and infrared require significant investments in cabling, power sources, readers, and antennas, the BLE infrastructure is simple to install and battery-powered. This means you’ll spend up to ten times less than alternative infrastructure-heavy solutions while still getting accurate location data.