Ericsson, world leaders in digital communication, has released a video detailing what is needed to achieve end-to-end supply chain visibility, or what it calls the ‘power of connected logistics’.
Jans Holler, Research Fellow, Ericsson, and Internet of Things (IoT) specialist, says connected logistics will be propelled by three specific drivers, namely the high level of global connectivity, high-tech embedded sensors and artificial intelligence (AI).
The purpose of connected logistics is to provide full visibility of products throughout the supply chain, and by utilizing IoT it is possible to do so uninterruptedly.
By 2024, it is predicted that there will be approximately 4.1 billion cellular IoT connections and, significantly, these innovations are emerging all over the world.
This offers tremendous opportunities to increase supply chain efficiency, of which transparency is of pivotal importance.
A recent PTI insight, ‘Achieving the End-to-End Solution’, noted that transparency is a key component of achieving the goal of connected logistics.
“There’s a lot of stuff that is needed to fulfill connected logistics in terms of the goods, the efficiency of the process, the handling of what is going on,” Holler says.
“So, one thing is to ensure that we have connectivity to the vehicle, inside the vehicle, on the pallet, down into the single item – so that we have this tiered or hierarchical way of connecting things across.”