Large companies commonly use 3PL (Third-Party Logistics) providers for part or all of their distribution and fulfillment services.Although the 3PL does not actually own the inventory they carry, they are legally responsible for meeting the fulfillment requirements.
3PL providers are often responsible for receiving new inventory and shipping it to the end customer. When it comes to the food and beverage industry, 3PL providers are required to transport a variety of goods, including those that must remain refrigerated and frozen. It’s crucial that these companies have an accurate way to track and monitor goods, especially those in cold storage.
IoT-enabled asset tracking provides 3PL providers with the tools needed to make informed, data-driven decisions. This helps them save a considerable amount of time and money.
Several companies have already begun transforming their supply chain and logistics operations through connectivity.
Mint Controls’ solution provides unequaled tracking and monitoring of goods throughout the entire supply chain. Our system monitors temperature and humidity of goods in refrigerated units. It also tracks the amount of time goods spend in storage.
The exact location and condition of merchandise can be viewed in real-time. This helps cut the amount of time spent searching for inventory, reducing labor costs and allowing management to focus on other important issues.
Our 3PL asset tracking solution provides more relevant data than any other system available today. The system collects and stores information on a wide range of inventory. It uses long-range networks to track merchandise throughout its entire journey. Satellite tracking provides information on location and condition in areas where cellular coverage is not an option. No other solution provider offers this level of visibility.
Supply chain management is one area that stands to benefit exponentially from IoT technology. By using the data collected by IoT sensors and devices, 3PL providers can boost performance in all areas of their business.
IoT technology helps providers locate the most efficient route, simplify and improve inventory management, and provide greater visibility to customers and business partners. This helps them improve the level of service they are able to provide, while decreasing operating costs and preventing loss.