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Smart Technologies for Integrated Logistics Operations

Speed and innovation are important components of any business operations in today’s competitive corporate environment. Any firm that ignores the relevance of current information technology will find it difficult to compete in today’s marketplaces because its business operations will be inefficient and unproductive. The transfer of resources, information, and commodities from one site to another is controlled by integrated logistics operations, a business management technique. In integrated logistics operations, smart technologies such as the Internet of Things (IoT), Wearable Technology, Robots, and automations enable accurate, faster, and high-quality items to be delivered to customers safely. Inventory monitoring, improved transparency, resolving disputes, and invoicing and payments are all aided by using Block chain technology in integrated logistics. This article discusses these smart technologies for integrated logistics operations.

Internet of Things (IoT) Technology

People can determine, hear, think, and engage with one another through IoT, which is made possible through the exchange of information between embedded devices, sensor networks, and communication protocols, among many other things. It establishes a connection between physical elements and devices and systems that are linked to the internet. IoT has changed the way logistical activities are carried out. Apps are being used more and more for data exchange, collaboration, and administration, among other things. Internet of Things is used in the logistics sector in several ways, from temperature and humidity sensors, to testing and identify package interference. With the proper IoT solutions, businesses can connect all their equipment to a single cloud, share data, and receive real-time operational insight.

Wearable Technology

Wearable technology is described as technology that is worn on or connected to the physical body. It is defined as the process of downsizing high-tech equipment and packaging it as wearable devices that are then utilized to make wearable technology items. Numerous businesses are reducing the size of their interests in order to make them more accessible to consumers and transforming them into wearable technology. Wearable technology bridges the gap between form and function. These devices are widely used to keep track of all jobs and streamline work procedures. By performing activities fast, the user saves time. Additionally, this technology, which is utilized in logistics, increases productivity and saves time. A wristband or spectacles can also be used to rapidly locate products, process stock, and load the vehicle. For businesses, this translates into lower expenses and happier customers. It is best to use both hands when it comes to mobility and hindrance.

Cloud Technology and Augmented Reality (AR)

As a network of billions of sensors, cameras, displays, smartphones, and other intelligent communication devices stored in cloud data centres, iCloud technology can be characterized as follows: Cost savings, infinite storage, backup and recovery, automated software integration, quick information access, faster deployment, more accessible service scalability, and the addition of new services are all benefits of cloud computing. When cloud platforms are used, local logistics IT professionals can be closer to their clients and customers while having access to global markets and opportunities. The camera is the initial peripheral, and it is followed by the computer architecture, a marker, and finally the essential world, in that order. Augmented reality is used to describe the 3D integration of those four elements into the virtual environment. The improvement of logistic processes has led to the creation of new searches. AR is used in logistics for various purposes, including storage, shipping, and order preparation, among others. Several techniques, including utilizing time and employee incentives, are employed to strengthen the planning process.

Blockchain Technology

A blockcha in is a multi-computer distributed database that manages the transaction date and hour for each new entry. A digital link is formed between the source data and the new data. All new data is encrypted in the blockchain database. Records can only be added to a sequence by users who have a personal encryption key. Passwords must be kept secure in order for unauthorized parties to get access to records. Cryptography keeps one copy of each network node’s blockchain records. Blockchain may be used by logistics companies and their customers to build smart contracts and automate business transactions during freight shipment. Shippers, for example, may employ smart containers to save money, eliminate inefficiencies caused by paper approaches, and enhance container tracking. As a result, blockchain technology benefits clients in a supply chain-dependent industry such as logistics. Intelligent contracts, freight, and shipments are determined by this program.

Big Data Analytics

Data collections that are too huge for standard processing methods to handle are referred to as “big data.” Data that is growing in amount, variety, and speed is referred to as “big data.” Variety, velocity, volume, verification, and value are the five components of big data. The massive scale of big data, as well as the analysis required to profit from it, has led in the development of new technologies and techniques. Big data, in fact, refers to the type of data that must be processed as well as the technology that must be used to do so. Google, Amazon, Facebook, and LinkedIn have all created solutions to cope with massive amounts of social media data. These businesses rely heavily on low-cost hardware and open-source software. The logistics industry has just lately begun to position itself to exploit big data more effectively. In addition to operational efficiency, risk management, and customer experience, logistics use big data for route optimization, address verification, shift planning, and real-time analysis.


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References

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Biplokbarik. (2018).“Driving Digital Transformation With a Smarter, Connected WMS”. Retrieved from https://medium.com/@biplob.barik/driving-digital-transformation-with-a-smarter-connected-wms-b184f871dc27, accessed 18.09.2021,accessed 18/09/2021.

Bryan Quek Guan Kia, DLSM. (2021). “Key Technology Systems to Implement Integrated Logistics”. Retrieved form SIPMM: https://publication.sipmm.edu.sg/key-technology-systems-implement-integrated-logistics/, accessed 18/09/2021.

Goh Siang Wei, DLSM. (2020). “Technologies for Warehouse Automation”. Retrieved from SIPMM: https://publication.sipmm.edu.sg/technologies-warehouse-automation/, accessed 18/09/2021.

Marie Ann E. Dionaldo, DLSM. (2020). “Automation Technologies for Logistics Service Providers”. Retrieved from SIPMM: https://publication.sipmm.edu.sg/automation-technologies-logistics-service-providers/, accessed 18/09/2021.

Murat Akkaya.(2019).“Innovative and Smart Technologies In Logistics”. Retrieved from https://www.researchgate.net/publication/338423597_Innovative_and_Smart_Technologies_In_Logistics, accessed 18/09/2021.

Sam Daley. (2019). “Companies Using Blockchain’s Logistics Capabilities to Excel”. Retrieved from https://builtin.com/blockchain/blockchain-supply-chain-logistics-uses,  accessed 18/09/2021.

Yuliiallliv. (2020). “Implementation of IoT in Your Smart Warehouse”. Retrieved from
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Alan@ Muralidharan R Pillai, GDLSCM
[email protected] Muralidharan R Pillai, GDLSCM
Alan @ Muralidharan Raghavan Pillai has substantive years of experiences in the specialised field of warehousing and logistics operations, and specifically in the oil and gas industry. He is a member of the Singapore Institute of Purchasing and Materials Management (SIPMM). Alan completed the Graduate Diploma in Procurement and Supply Chain Management (GDLSCM) on October 2021 at SIPMM Institute.
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