Use IoT to monitor inventory in real-time
Logistics, Distribution and Warehouses executives are under constant scrutiny from their stakeholders to optimise expenditure; juggling between improving, or as a minimum maintaining, internal service and performance levels whilst at the same time increasing or exceeding external customer expectations.
In an attempt to reduce the cost and investment in managing inventories, there is a growing trend of Inventory Management operations being outsourced to third-parties. However, the ability to deliver the desired efficiencies is largely dependent on the availability of accurate, real-time data as an enabler for decision makers in the supply chain management process.
With a string of strategic acquisitions in this area around data analytics and Fog computing, Cisco are positioning themselves to be a leading player in the IoT space. Cisco already has the industry’s most reliable, scalable, high-performance portfolio of IoT networking solutions, including ruggedized routing, switching and wireless products, plus software-only solutions that can be integrated with third-party devices. Options for connecting ‘Things’ now including wired (Ethernet), indoor/outdoor WiFi (802.11, Bluetooth LE), and routed via 3G/4G/LPWAN networks.
A critical element in being able to continuously analyse and optimise the storage and distribution of goods in Logistics environments is the warehouse management system or WMS, especially when combined with Auto Identification and Data Capture technologies; such, Radio-Frequency Identifications (RFID), mobile computers and barcode scanners, under-pinned by a robust and resilient wireless network.
Ultimately, inventory control and management is an evolving and constant challenge, and one which if left ignored can become a serious issues with the potential to cause significant profitability issues to a business.
For almost 20 years, multiple customers supplying goods and web-fulfilment services to many of the Britain’s High Streets’ most recognised brands have relied on Oxspring Networks for the design, installation and support of their mission critical networks.