Principles of an IoT-Agnostic Supply Chain Intervention Platform
Lessons learned as the preferred IoT-agnostic platform for multiple pharmaceutical companies and the U.S. Department of Defense.
In today’s dynamic supply chain landscape, real-time visibility and intelligent decision-making are critical. An IoT-agnostic platform allows businesses to harness data from various devices and sources, enabling effective supply chain interventions. Let’s explore the key principles behind such a platform.
Connectivity Flexibility
Supporting Multiple Device Providers.
- Choose the best IoT providers for your specific use cases and conditions.
- Interchange devices seamlessly as technology evolves.
- Consider not only GPS devices but also high-fidelity sensors.
Rapid Integration with Enterprise Systems.
- Connect to existing enterprise systems (e.g., TMS, SAP) across multiple instances.
- Ensure seamless data flow for informed decision-making.
Non-System-Enabled Sites.
- Support lower maturity shipping sites with webforms for data entry.
- Enable connectivity even in non-system-enabled locations.
Cross-Enterprise Connectivity.
- Facilitate system connectivity and validation across different enterprise sites (e.g., suppliers, customers, contract manufacturers).
Total Landed Cost Analysis.
- Include freight cost data to analyze total landed costs.
- Optimize transportation mode, emissions, and service decisions.
Greenhouse Gas Compliance.
- Comply with emissions reduction standards.
- Factor environmental impact into decision-making.
Predictive ETA.
- Provide accurate Estimated Time of Arrival predictions.
- Enhance planning and responsiveness.
Lane Risk AI.
- Assess risks associated with specific shipping lanes.
- Consider security, temperature excursions, and disruptive events.
AI/ML
Decision Enablement
Imagine a scenario:
A temperature reading rises or falls outside the expected range. But is it a critical issue? Not always. We consider other factors—like historical data, external events, and algorithms—to determine if intervention is necessary.
Perfect Supply Chain Data
Independent Data Sources.
- Utilize conveyance-level streaming data.
- Combine insights from various sources for comprehensive visibility.
Milestone Tracking.
- Capture milestones from all third-party logistics providers (3PLs) and carriers.
- Monitor progress and identify bottlenecks.
External Risk Data.
- Integrate external risk information (e.g., weather, geopolitical events).
- Enhance situational awareness and decision-making.
A reflection on our journey.
An IoT-agnostic, supply chain intervention platform empowers businesses to make informed decisions, respond swiftly to disruptions, and optimize their operations. By following these principles, organizations can build resilient and efficient supply chains.
Unlock your supply chain potential
Gain real-time awareness and informed decision-making.
Know what you don’t know.
TransVoyant empowers people who keep the world’s resources in motion to make informed decisions so production rolls smoothly and delivery promises get met – all while curbing costs, multiplying margins and respecting regulations.
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