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Iot and Supply Chain Integration

“Where Is My Order?” Shipment tracking is one of the most critical services in supply chain management. Millions of dollars worth of goods are lost in transit every year due to a lack of visibility during the shipment process. Therefore, the ability to give an exact and immediate answer to the question, “where is my order?” is critical to the efficiency and robustness of any supply chain. TPSynergy’s IoT tracking devices integrate seamlessly into its award-winning supply chain platform, giving [...]

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Productivity vs. Efficiency – What to Measure

In ordinary day-to-day conversation for most people, the words ‘productivity’ and ‘efficiency’ are thrown around indiscriminately. They are, however, different and it’s important to know the difference and when to use them. PRODUCTIVITY V EFFICIENCY Productivity is the raw measure of how much product is made in a certain time, disregarding other metrics, like demand or wastage. For example, an employee of a company that makes 45 units an hour while the company only needs 30 is seen as very productive. [...]

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Shipment Trackers vs. Data Loggers

In most trucking and logistics companies, a device called a data logger is used (pictured below). This records the latitude and longitude of the shipment along with other statistics like temperature, humidity, etc. While this is useful to get an idea of the conditions the shipment has been through, it’s not ideal for a variety of reasonsINEFFICIENT REPORTING Like most wireless devices, data loggers are subject to battery levels and consumption problems. Using too much battery means a unit can [...]

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Inbound Shipment Visibility – Why It’s Important and How to Improve It

Of all the aspects of a supply chain, inbound visibility is one of the most important. Having an accurate view of when shipments will arrive can allow you to plan your inventory ahead of time and fulfill orders with the knowl edge of what level your inventory will be at. In addition, having visibility can allow you to confirm your supply with confidence. While these benefits are great, the problem is that perfect visibility is almost nowhere to be found. [...]

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Benefits of an Integrated Shipment Tracker

improvements along all aspects of business, its almost unbelievable to think shipment tracking has barely changed over the last decade. In a large amount of companies, the shipment tracking system is mostly, if not completely, detached from the order management system. This leads to tiresome and tedious data entry tasks, which along with not adding anything to the company, have a high risk of causing errors. A carrier gives a single number which is used periodically to check the [...]

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IoT in the Supply Chain

“Where Is My Order?” Shipment tracking is one of the most critical services in supply chain management. Millions of dollars worth of goods are lost in transit every year due to a lack of visibility during the shipment process. Therefore, the ability to give an exact and immediate answer to the question, “where is my order?” is critical to the efficiency and robustness of any supply chain. TPSynergy’s new IoT tracking devices integrate seamlessly into its award-winning supply chain platform, [...]

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Do You Need Blockchain Technology?

Recently, you may have heard about blockchain technology everywhere. Its omnipresence in today’s publications and trade magazines gives the impression that it will revolutionize the world in the same way as the internet. Is this true? Let’s find out. What is Blockchain? Although blockchain technology is most commonly associated with cryptocurrencies like Bitcoin, the underlying principle can be applied to almost anything, including the supply chain. Even with its widespread use and versatility, the premise is actually very simple. Blockchain is [...]

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IOT Supply chain visibility

Everything talks to everything. This is the concept of Internet of Things (IOT). Devices that remained dumb and silent have gained powers to talk to the world and announce where they are and what they are doing. ​   Global location of a shipment and travel path information provides the much needed visibility. Real time location and re routing adds flexibility to the supply chain. This is achieved by Internet of Things (IOT).    Traditionally, companies had to depend upon their transporters to provide [...]

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