Connected Logistic; Helps Gain Real-Time Information about Goods Shipped Through Various Modes of Transportation

Connected Logistic
Connected Logistic

Connected Logistics is an interdependent set of communication tools/technologies that change the key logistical processes to become more customer-centric by sharing information, data, and facts with supply chain partners. It is an integrated system that integrates planning, materials management, and other key operational components to provide complete and flexible logistical solution. A logistics aims to reduce costs while improving the quality of services. Moreover, a good logistics system offers companies easy access to information and enables better collaboration among employees and partners.

Connected Logistic is a platform or a set of software and hardware that helps gain real-time information regarding the goods that are shipped through various modes of transportation, such as airways, railways, roadways, and seaways. Logistical devices help organizations track individual goods in a large shipment too. The key benefits of connected logistics are cost optimization, enhanced safety, improved competencies, improved productivity, and enhanced training effectiveness. The main objective of logistics or connected logistic is to meet customer requirements in a timely, cost-effective manner.

The advent of the internet of things and the Rise of Connected Logistics has given rise to many new opportunities. Not only can these new systems provide accurate information, but they also enable companies to streamline their processes & reduce costs. These technologies are already helping organizations manage more sensitive goods and to meet their compliance obligations. Several emerging technologies are transforming the logistics industry. These innovations have the potential to transform the way businesses operate and make their products more accessible to consumers in a timely, cost-effective manner.

Connected Logistic offers various benefits to logistics businesses offering services for varied industry verticals, providing real-time access, enhanced productivity, and improved operational efficiency through integration of multiple connected platforms. Therefore, the use of logistics is increasing with a rapid pace. In January 2021, Oracle (US) announced new logistics capabilities within Oracle Fusion Cloud Supply Chain and Manufacturing to help customers reduce costs, make better planning decisions, and improve customer experience.

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