The common challenges of logistics and supply chain visibility
In today's global marketplace, companies face many challenges when it comes to logistics and supply chain operations, which can significantly impact efficiency, productivity and profitability.
One significant challenge is controlling and tracking handovers during the movement and transportation of assets between various internal areas, for example, within a warehouse, or between geographical sites. Many companies still rely on manual processes, such as scanning, data entry or even documentation using pen and paper, when moving assets. These processes are not only time-consuming and costly, but they are also prone to errors, leading to inaccuracies and inefficiencies within the supply chain.
With manual processes, businesses struggle to obtain real-time and comprehensive visibility of the movement, location and status of assets. This lack of visibility can lead to disruptions and delays, affecting fulfilment targets and, subsequently, customer satisfaction.
Spillage and shrinkage are common in logistics and supply chain operations. Lost assets – both products and containers, such as ULDs (unit load devices), trolleys or roll cages – can result in substantial financial losses. This is particularly pertinent in the case of food and pharmaceutical products that require specific storage and transportation conditions. In this instance, if all handovers in the supply chain are not accurately documented, the affected items may need to be discarded. Dealing with such incidents often incurs further costs for investigation and management of replacement deliveries.
Overcoming these challenges requires a shift to a more autonomous handover and higher degree of automation when it comes to data capture technology. By leveraging complementary technologies, such as barcodes, RFID and BLE, you can achieve real-time or near real-time visibility throughout the supply chain. Adopting supply chain visibility solutions provides greater control and accuracy, which enables proactive decision-making, ultimately leading to improved performance and customer experience.
How your company can benefit from logistics and supply chain visibility solutions
Implementing more automated logistics solutions brings several key benefits that can transform the way your business operates:
Minimization of manual operations
By automating various processes, you can reduce labor-intensive tasks, leading to improved speed, accuracy and efficiency. According to research carried out by Auburn University and GS1 US®, RFID can achieve 99.9% order accuracy in retail. This reduction in human error can have a significant impact on operational performance, financial savings and customer satisfaction.
End-to-end real-time visibility
With enhanced visibility, you gain access to timely and accurate data about the movement and location of assets, inventory levels and delivery status. This provides you with insights into the vital handover points in your supply chain, which enables accurate tracking of inventory, orders and shipments, ensuring transparency and proactive decision-making, and improving overall operational efficiency.
Shift from reactive to proactive operations
Logistics and supply chain visibility solutions facilitate the shift from reactive to proactive operations. This enables better planning and decision-making as you can proactively identify and resolve issues before they escalate or, in some cases, before they even arise. It helps you to anticipate customer needs, adjust production and distribution strategies accordingly, and stay ahead of the competition. By leveraging data and analytics, you can gain a competitive edge and drive continuous improvement throughout your supply chain operations.
Our logistics solutions support every known sensor and tag technology
Lyngsoe LIVE Logistics™ accommodates many sensor and tag technologies, including barcodes, passive RFID, active RFID, BLE, Wi-Fi, LPWAN and GPS. The platform is designed to collect and process data from these technologies individually or in any combination, offering unparalleled flexibility and adaptability.
Barcodes, RFID and BLE technologies are complementary, serving different functions and meeting distinct requirements throughout the supply chain. For instance, RFID requires specific equipment for tag reading, while barcodes and BLE can be read using ordinary smartphones. This makes this combination of technologies advantageous, especially for businesses that collaborate with third parties within their supply chain as it eliminates the need for suppliers to own specific equipment, streamlining the adoption and implementation of logistics solutions.
The specification and combination of technologies depend on the specific use case of each customer. At Lyngsoe Systems, our team of experts can advise you on the best set of combined technologies to meet your requirements. We consider factors such as your existing infrastructure and solutions, as well as the operational processes of your supply chain partners, to deliver an optimized and tailored supply chain visibility solution.
With Lyngsoe LIVE Logistics™, you can harness the power of multiple sensor and tag technologies to achieve real-time or near real-time supply chain visibility and drive operational excellence.
HAVI Logistics: Leveraging our supply chain and logistics solutions
HAVI Logistics, a global supply chain management company responsible for distributing products to convenience shops, catering companies and restaurant chains faced the challenge of managing a complex supply chain with over 100 distribution centers and 20,000 delivery points. To address this, we collaborated with HAVI to implement Lyngsoe LIVE Logistics™, enabling real-time visibility and traceability from producer to retailer.
The supply chain visibility solution provides improved transparency across 38 European distribution centers. This enables HAVI Logistics to implement quick response strategies to recalls and minimize the number of affected products. The system also offers online documentation up and downstream for food traceability, enhancing product and brand protection for both HAVI Logistics and its customers.
Lyngsoe LIVE Logistics™ has supported HAVI Logistics to reduce consumer risks, successfully meet legal requirements and optimize its supply chain, resulting in enhanced overall performance and accommodating future market expansion.
Get started with our logistics and supply chain visibility solutions
At Lyngsoe Systems, we are leaders in logistics and supply chain visibility solutions. By working with us, you have access to expertise, cutting-edge technology and tailored solutions to optimize your supply chain operations.
Book a meeting with one of our industry experts to discuss your specific needs and discover how we can transform your supply chain to drive efficiency and success.
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