Post Date : June 11, 2021
With an ambitious push towards ‘Digital India’, there is a pressing need to digitize enterprises across sectors to unlock the next level of economic growth. In a pandemic stricken world, focus on digital transformation relies on connectivity as its foundation. The world’s mobile networks are proving yet again that they can deliver the performance and reliability to support business continuity and operations.
Logistics is one such application, which for decades remained untouched by technology and digitalization, is now at the forefront of a revolution. As social distancing and remote operations became a necessity, it is only natural for logistics and commerce to be digitized and readied for the future. It is equally clear that legacy and physical operations will not serve the purpose. There is a need for stronger connectivity and automation processes to manage complex logistics, equipment, processes and infrastructure. 5G cellular technology is the key tool needed to enable this.
These current challenges for remote operations have pushed businesses towards realizing the underlying purpose for amplifying logistics using robust connectivity, resulting in many benefits such as operational efficiency, reduced costs, monitoring, and safety. All of these lead to higher productivity, safer operations, and the all-important stronger bottom lines. 5G can enable remote-controlled device and inventory management, condition monitoring and drones for surveillance and deliveries, contributing to higher business ROIs.
The last mile of the supply chain, therefore, has become the game changer among ecommerce players. Companies are now developing a more targeted approach in this area, so as to compete effectively. 5G networks have the potential to transform tracking SKUs, synchronise efficient fleet and inventory management. This will help eliminate product damage, result in less shipping errors and call for a super-efficient supply chain. Warehouse management can reap massive benefits using 5G through real-time inventory performance, along with new features such as geo fencing that help keep a track of worker and inventory movement
For fleet operators and owners, vehicle targeting, and monitoring is one of the biggest concerns, and with 5G’s network connectivity, fleet owners can implement enhanced vehicle tracking, and on road analysis, with new features like high-resolution GIS and GPS mapping. Another part of fleet management is predictive maintenance and telematics. 5G has a massive role to amplify these services, providing a robust network connectivity and real time updates for on road operations. This data will be crucial for monitoring fleet across and improving efficiency and allowing a mechanism to carry out proactive maintenance. Predictive maintenance with 5G connectivity is becoming a common practice, which enables anticipating vehicle breakdowns and addressing them in advance.
With the right investments in 5G connectivity along with other advancements in technology, India is well poised to become the next logistics hub. These advancements will be a huge step towards achieving the digital transformation vision. The adoption of 5G in supply chain operations and logistics will certainly make a huge impact by making the entire industry more efficient, with increased inventory visibility, fewer out of stock situations and even less costly reverse logistics. Instrumental to putting these use cases into action is fast, reliable, and secure connectivity that only a 5G-ready cellular network can provide thus, laying the foundation for efficient logistics infrastructure for today and the future.
This article is authored by Alok Sharma, CEO & Co-founder, NebulARC – a logistics SaaS platform that enables enterprises to orchestrate their supply chain and gain real-time visibility.