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HomeBusiness ResourcesWhy Track and Trace is Crucial to Supply Chain Management

Why Track and Trace is Crucial to Supply Chain Management

supply chain management

As a consumer, you may already be taking advantage of GPS technology to obtain driving directions to a destination or even to keep track of lost luggage. While these benefits are useful at the customer level, modern supply chain managers know that GPS tracking and tracing provides much more than location data. Imagine that you have ordered connectors and transceivers from Bel Fuse’s product catalog, for instance. Just what information can this monitoring technology yield about the shipment?

Route Planning

When you know where your fleet is at any given time due to this technology, you can take advantage of its ability to enhance your route planning. In addition to mere location, you can also plan the path your components will take from origin to endpoint, including keeping an eye out for changing conditions along the way and adjusting for them by implementing detours. As a result, you can cut down on your transportation costs. Finally, you can utilize the data to choose the driver or vendor best suited to a particular job. For example, one company might be ideal for handling rugged rural conditions, while another may have a record for efficient city navigation.

Additional Benefits

Mobile technology has revolutionized not only the way consumers shop but also how companies do business, and supply chain management is no exception. Modern track and trace systems can be used with a smartphone, enabling managers to make decisions and handle crises from anywhere at any time.

Another upside that tracking systems bring to your supply chain management is increased employee safety. When drivers know that their progress along the route is being monitored, they will be more likely to do a good job. Incentives for maintaining lawful speed and remaining true to the route can also maximize efficiency and performance.

Track and trace also leads to better fleet security. Should someone attempt to steal your shipment en route, the software can immediately send you an alert that prompts you to respond immediately. The faster you act, the less likely it is that components could be lost or your driver put in danger.

You will also see better operational efficiency thanks to tracking systems. Since most tasks are automated, you no longer need to micromanage every aspect. Your drivers can see their routes in real time and adjust for changing conditions if necessary without delaying their forward progress. Even your administrative staff will realize a reduction in their workload since the automated systems take care of much of what they may now be doing manually.

Your staff will not be the only ones to experience the improvements; so will your customers. When deliveries are on time or even early, end user satisfaction skyrockets. They will be even happier when they can get information from you in real time about the progress of a future shipment.

These days, transparency is one of the biggest buzzwords in the supply chain management sector. Track and trace technology helps to boost your ability to understand everything that is happening in your network from origin to endpoint, including what drivers are doing, where they are, the progress of individual shipments and any potential difficulties along the way. In an industry where safety, speed, efficiency and visibility all hold positions of equal importance, track and trace can be one of the best tools your company could possibly implement.

Hernaldo Turrillo
Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.
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