Internet of things in the recent years have transformed from just a concept to a fully proven digital revolution that has impacted our daily lives. IOT technology connects Machines, People, processes,productivity, and information into single platform and bridges the technology gap and leakage of data which is important for decision making.
Large number of Industries are ready to explore the potential of this powerful technology that we take our interactions level with machines, devices and humans to a whole new level.
Hashtag Studios offers different IOT Services and Solutions, Allowing your business to yield the maximum benefits of IOT Technology. We build help you develop the appropriate IOT solutions that are depended on the nature of the need, and the dynamics nature of the organization and operations.
The time when it was enough to just move goods from point A to point B, passed a long time ago. Because of high competition and multiple challenges, the main focus is made on customers, meeting their needs and expectations.
Now the top-priority objectives of logistics companies are to ensure just-in-time delivery, supply chain visibility, product lifecycle transparency and quality services. The success of any logistics company lies in efficient inventory management and warehousing, automation of internal business processes, fast delivery and taking care of safe storage and quality of goods.
The accomplishment of 7Rs principles that include moving the right product – in the right quantity and condition, at the right time and at the right price – to the right place and the right customer. Since the task is very complicated, there comes an increasing necessity in the use of innovative solutions to achieve goals.
Bringing with it smart connections and use cases, the Internet of Things (IoT) is about to revolutionize the logistics domain. Offering many advantages and opportunities, IoT-based solutions are becoming widely introduced in the sector.
Supply chain monitoring, vehicle tracking, inventory management, safe transportation and automation of processes are the key to IoT applications and the principal components of connected logistics systems.
Types of IOT in logistics
Location management systems
In the logistics domain, IoT can create a smart location management system that will enable companies to easily track driver activities, vehicle location, and delivery status. Once goods are delivered or come to a certain place, a manager is notified by a push message.
Such a solution is an irreplaceable assistant in delivery planning and compilation and viewing of schedules. All changes are instantly detected and reflected in real time. So, IoT technology can be successfully used for improving location management and streamlining business processes.
Inventory tracking and warehousing
Inventory management and warehousing are one of the most important parts of the connected logistics ecosystem. The placement of small inexpensive sensors will allow companies to easily track inventory items, monitor their status and position and create a smart warehouse system.
With the help of IoT technology employees will be able to successfully prevent any losses, ensure safe storage of goods, as well as efficiently locating an item needed. By now, almost all logistics companies have already adopted such IoT solutions in their work. The minimization of human errors also becomes possible due to IoT.
IoT technology and predictive analytics
Predictive analytics is taking center stage in different industries, helping companies and corporations create effective business development strategies, improve the decision-making process, make smart business insights, manage risks and a lot more.
Internet-enabled devices are here to collect large data amounts and transmit them to the central system for further analysis. IoT and predictive analytics solutions can be applied for route and delivery planning and identification of various defects before something goes wrong. The results are a timely replacement of machinery parts, prevention of any crashes and efficient vehicle/equipment maintenance.
IoT and blockchain for supply chain management
Supply chain management carries various challenges, from illegal food practices to taking care of product conditions. That's why both companies and their customers want the option to trace the product lifecycle – from the origin of goods to their transportation to the customer's hands.
While blockchain can solve many IoT security issues, it can add great value to supply chains too. Walking hand in hand, they can fulfill the need for supply chain security, transparency and traceability.
The placement of radio-frequency identification tags and sensors will allow monitoring of things such as product temperature and humidity, vehicle location and stages of the transportation process. The data is recorded and saved in the blockchain, every product is given a digital ID that secures all information about it along with the product lifecycle.
In the near future, we will become the witnesses of the widespread use and adoption of self-driving vehicles, being tested at the moment. Logistics companies will be the first to take an advantage of their integration into business processes.
While IoT devices are responsible for collecting large data amounts, the analytics system turns them into smart driving routes and directions. This way, businesses can also minimize car accidents, reduce operating costs and optimize road traffic.
Drones, having the highest potential in retail, logistics, agriculture and e-commerce, drones and droids can add speed and efficiency to the working environment.
In the logistics industry, drones can ensure business process automation by providing smart inventory tracking, fast transportation of goods, and instant in-store delivery. What's more, they enable to solve last-mile delivery problems. The market is quickly developing, according to Gartner forecasts, it is expected to reach $11.2bn by 2020.
Being under technological progress and facing a lot of challenges, today's logistics industry sees a rapid transformation and growth. Coming up with inventory tracking and location management solutions, driverless transportation systems, and intelligent communications, IoT will revolutionize the logistics domain.
The idea with IoT for manufacturing is straightforward: Manufacturers will make capital investments into technology, which will, in turn, create long-term reductions in operational expenses. Networked machines, sensors, and so forth, don't make mistakes or require breaks, sick days, or training, and thus offer a reliable and cost-effective way to improve efficiency.
Below, we'll take a look at three sample use cases for IoT manufacturing, several in-depth IoT manufacturing case studies, and some suggestions on how to handle change management when you decide to integrate an IoT solution at your manufacturing organization.
3 Use Cases For IoT In Manufacturing
For manufacturers that build large or complex assets (such as aircraft components), tracking the components to be integrated can be extremely valuable. While many organizations rely on barcode scanning to track work-in-progress assets, this method doesn't allow for quick access of a lost part. If you use tracking technology, you can avoid the wasted expense of having to actively track down misplaced parts. It can also be useful for exception reporting, which allows you to find out if a part is in the wrong area immediately so you can remedy the issue.
TRACKING TOOLS & FIXTURES
Some plants and factories rely on expensive tools and gauges for their day-to-day operations. Any misplaced tool could cause delays to the factory workflow, which could have a negative impact on your completion and shipping timeline. Additionally, if your organization uses government furnished equipment (GFE) and is required to be accountable for that equipment at all times, having the ability to track such fixtures can keep your organization out of hot water.
COLD CHAIN MONITORING
It's critical to ensure that temperature-sensitive goods, such as vaccines, are handled appropriately during the creation, storage, and shipping process. IoT technology can be used to ensure the components are handled properly and that finished products stay within a predetermined temperature range.
Technologies and IoT have the potential to transform agriculture in many aspects. Namely, there are 5 ways IoT can improve agriculture:
Data, tons of data, collected by smart agriculture sensors,e.g. weather conditions, soil quality, crop's growth progress or cattle's health. This data can be used to track the state of your business in general as well as staff performance, equipment efficiency, etc.
Better control over the internal processes and, as a result, lower production risks.The ability to foresee the output of your production allows you to plan for better product distribution. If you know exactly how much crops you are going to harvest, you can make sure your product won't lie around unsold.
Cost management and waste reduction thanks to the increased control over the production.Being able to see any anomalies in the crop growth or livestock health, you will be able to mitigate the risks of losing your yield.
Increased business efficiency through process automation.By using smart devices, you can automate multiple processes across your production cycle, e.g. irrigation, fertilizing, or pest control.
Enhanced product quality and volumes.Achieve better control over the production process and maintain higher standards of crop quality and growth capacity through automation.
Smart devices have become commonplace in classrooms. Each year, Internet-enabled devices, such as smart boards to tablets, are being introduced in classrooms. IoT-enabled devices provide a number of benefits to educational institutions, which help them function in a more efficient manner. The most important benefit of having a connected classroom is that it streamlines tracking and accountability. Moreover, the cloud allows for easy storage of data related to students' grades, classwork and homework, and various assignments.
Automated CheckoutYou've probably seen how long lines deter your customers from purchasing products. And, as a manager, it can feel unprofitable to pay multiple employees to work during busier shopping times. With IoT, you can set up a system to read tags on each item when a customer leaves the store. A checkout system would then tally the items up and automatically deduce that cost from the customers' mobile payment app.
Personalized DiscountsIf you have frequently returning customers, I bet you'd like to reward them for their loyalty. With IoT, you can set up sensors around the store that send loyalty discounts to certain customers when they stand near products with their smartphones, if those customers sign up for a loyalty program in advance.
BeaconsBeacons, first introduced by Apple in 2013, are small Bluetooth devices that send alerts to smartphones based on location proximity. In the retail industry, this means customers can receive discounts, special events, or other reminders when they're near a shop and have previously downloaded the store's app.Macy's has been using beacons nationwide since 2014. After opening the Macy's app in-store, shoppers are alerted to promotions and discounts. The app also recognizes which area of the store you're in — so if you've entered the makeup section, the app will remind you of the makeup brands you liked online.
In-store Layout OptimizationYou might be surprised to find your retail space isn't optimized for your customers' behavior — maybe your least popular products are in the front, or your customers' would prefer more space around the couches in the back. By employing aisle-analytics software with infrared sensors, you can use IoT technology to improve your retail layout.
Optimizing Supply Chain ManagementWhile retail stores can already track products without the help of IoT, that tracking information is pretty limited. With RFID and GPS sensors, you can use IoT to obtain more precise data, like the temperature at which an item is being stored, or how long it spent in transit. You can use that data to improve the quality of transportation moving forward — and, better yet, you can also act in real-time if a product is being kept at temperatures too low or too high, avoiding a substantial loss.
Nearly every aspect of life where technology has entered the domestic space (lightbulbs, dishwashers and so on) has seen the introduction of a smart home alternative:
Smart TVs connect to the internet to access content through applications, such as on-demand video and music. Some smart TVs also include voice or gesture recognition.
In addition to being able to be controlled remotely and customized, smart lighting systems, such as Hue from Philips Lighting Holding B.V., can detect when occupants are in the room and adjust lighting as needed. Smart lightbulbs can also regulate themselves based on daylight availability.
Smart thermostats, such as Nest from Nest Labs Inc., come with integrated Wi-Fi, allowing users to schedule, monitor and remotely control home temperatures. These devices also learn homeowners' behaviors and automatically modify settings to provide residents with maximum comfort and efficiency. Smart thermostats can also report energy use and remind users to change filters, among other things.
Using smart locks and garage-door openers, users can grant or deny access to visitors. Smart locks can also detect when residents are near and unlock the doors for them.
With smart security cameras, residents can monitor their homes when they are away or on vacation. Smart motion sensors are also able to identify the difference between residents, visitors, pets and burglars, and can notify authorities if suspicious behavior is detected.
Pet care can be automated with connected feeders. Houseplants and lawns can be watered by way of connected timers.
Kitchen appliances of all sorts are available, including smart coffee makers that can brew you a fresh cup as soon as your alarm goes off; smart refrigerators that keep track of expiration dates, make shopping lists or even create recipes based on ingredients currently on hand; slower cookers and toasters; and, in the laundry room, washing machines and dryers.
Household system monitors may, for example, sense an electric surge and turn off appliances or sense water failures or freezing pipes and turn off the water so there isn't a flood in your basement.