Supply Chain Security with IoT Tracking
The supply chain is more complex than ever. This complexity brings challenges like cargo loss and theft, which increase costs and disrupt operations.
Trusted’s IoT tracking solutions tackle these problems head-on.
Supply chain disruptions are costing businesses billions
Supply chain disruptions cost U.S. businesses about $30 billion annually in cargo loss, according to the FBI. Only a small fraction is recovered.
Internal theft adds another layer of difficulty and expense. These issues lead to project delays, lost revenue, and reduced customer satisfaction.
The need for supply chain security has never been greater.
IoT Tracking as the Solution
Companies are adopting IoT technology to gain real-time data during transport.
Trusted offers advanced tracking devices with sensors that detect:
- Position
- Motion
- Tilt
- Light
Combined with our cloud-based software, these devices provide complete visibility and actionable alerts.
How tracking devices work to solve real-life challenges in the supply chain
The obvious use of a GPS tracker is to keep track of high-value goods. It keeps you aware of the real-time location and status of your assets and equipment globally, enabling you to ensure that everything is where it should be.
However, the advanced sensors of the Trusted tracking devices open up for many more solutions to cargo loss and theft.
- Identify when suspicious incidences occur through alert transmissions. This could be to warn you if your equipment is moving when it should not be. Or if it is being tilted in excessive or suspicious degrees.
- Also, the intelligent software enables you to configure a geo zone – a defined geographic area – and can notify you when assets move in or out of a specified area such as a warehouse or construction site.
- You can also configure alerts when the tracking device is exposed to light. This would notify you if a thief opens up a container or a box with high-value goods.
Recover your stolen and lost equipment
Another major upside to the new IoT technology is the fact that you can easier recover your lost and stolen equipment, in case of theft. We have done this many times before.
The theft security tracking device will provide a position of the asset from GPS, Iridium satellite, or a triangulated position based on mobile network. This makes it easy to pinpoint the location.
Even if a stolen asset is hidden inside a building or placed in other locations where a GPS signal cannot be obtained, Trusted devices have a chance to find them.
A radio beacon for nearfield search can be activated and the tracking device will start sending signals.
These can be picked up by a recovery scanner making it possible to recover the stolen equipment.