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Smart Logistics

Logistics is the process of planning and executing the efficient transportation and storage of goods from origin to consumption. Key functions include transportation management, which focuses on vehicle use, and warehousing/inventory management. Logistics is important for meeting customer needs in a timely manner. Supply chain management encompasses all processes transforming raw materials into products. The logistics industry applies technologies like RFID, blockchain, big data analysis, artificial intelligence, and drones to automate processes and enable intelligent decision making.
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0% found this document useful (0 votes)
91 views26 pages

Smart Logistics

Logistics is the process of planning and executing the efficient transportation and storage of goods from origin to consumption. Key functions include transportation management, which focuses on vehicle use, and warehousing/inventory management. Logistics is important for meeting customer needs in a timely manner. Supply chain management encompasses all processes transforming raw materials into products. The logistics industry applies technologies like RFID, blockchain, big data analysis, artificial intelligence, and drones to automate processes and enable intelligent decision making.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Smart Logistics

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics – What is Logistics?

• Logistics is the process of planning and executing the efficient transportation and storage of goods from the point of
origin to the point of consumption. The goal of logistics is to meet customer requirements in a timely, cost-effective
manner
• Many companies specialize in logistics, providing the service to manufacturers, retailers and other industries with a
large need to transport goods. Some own the full gamut of infrastructure, from jet planes to trucks, warehouses and
software, while others specialize in one or two parts. FedEx, UPS and DHL are well-known logistics providers.

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics – Functions of Logistics?

• Transportation and warehousing are the two major functions of logistics.

• Transportation management focuses on planning, optimizing and executing the use of vehicles to move goods
between warehouses, retail locations and customers. The transportation is multimodal and can include ocean, air, rail
and roads.
• Warehousing, or warehouse management, includes such functions as inventory management and order fulfillment. It
also involves managing warehouse infrastructure and processes -- for example, in a fulfillment center, where orders
for goods are received, processed and fulfilled (shipped to the customer). Most companies use warehouse
management system (WMS) software to manage the flow and storage of goods and track inventory. Most vendors of
enterprise resource planning (ERP) software offer TMS and WMS modules, as well as more specialized components
for inventory management and other logistics functions.

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics – Why Logistics is important?

• While on-time delivery of intact packages has always been important throughout the supply chain, it has become even
more mission-critical in recent years as omnichannel commerce, with its same-day home or retail delivery of
customized products ordered from smartphones, becomes more common.

• Suppliers, manufacturers, distributors and retailers have had to improve their logistics processes to meet the demand
for quicker, more convenient delivery of a wider variety of goods. They also have had to better integrate their
processes and systems to improve supply chain visibility.

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics – Supply Chain Management?

• Supply chain management is the management of


the flow of goods and services and includes all
processes that transform raw materials into final
products. It involves the active streamlining of a
business's supply-side activities to maximize
customer value and gain a competitive advantage
in the marketplace.

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics

• The logistics industry has exerted its effort by applying the


emerging intelligent information technology, such as
• radio frequency identification devices (RFID) tags,
• blockchain,
• big data analysis,
• artificial intelligence (AI), and
• drones,

to realize the automation, visualization, traceability, and


intelligent decision-making of the logistics process

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-RFID

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-Blockchain

Blockchain is a secure database shared across a network of


participants, where up-to-date information is available to all
participants at the same time.

Blockchain is a technology that enables the secure sharing of


information. Data, obviously, is stored in a database.
Transactions are recorded in an account book called a ledger. A
blockchain is a type of distributed database or ledger—one of
today’s top tech trends—which means the power to update a
blockchain is distributed between the nodes, or participants, of a
public or private computer network. This is known as distributed
ledger technology, or DLT. Nodes are incentivized with digital
tokens or currency to make updates to blockchains.

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-Blockchain

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-Big data

Big data is a term used to describe large and complex data sets
that cannot be managed by traditional data processing software.
These data sets can either be structured or unstructured.

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-Applications of big data in logistics

Route Optimization:

process of determining the best possible routes. And little planning and management mistakes
can cause major problems that can damage the company’s bottom line in a big way.

For big data to be successfully implemented in route optimization, data involved throughout
the delivery process should be noted. These include:

• The frequency in which customers order goods


• Number of vehicles available for delivery
• Distance between the pick-up and delivery points
• Areas with the most and the least orders

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-Applications of big data in logistics

Optimization of the last-mile processes:

The last mile of a delivery service is the journey of a product from the warehouse shelves to
the truck and finally to the customer’s door. It’s the key to customer satisfaction and accounts
for up to 41 percent[2] of the entire supply chain costs.

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-Applications of big data in logistics

Tracking the transportation of goods

Customers and delivery companies can now track their packages while in transit and receive
email alerts whenever the delivery vehicles make stops on the way..

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-Applications of big data in logistics

Warehouse management:

Managers can access a minute-by-minute overview of operations on mobile devices or


computers by integrating big data analysis in warehouse management. This enables them to
spot bottlenecks in workflow and come up with immediate solutions.

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-Applications of big data in logistics

Delivery of perishable goods:

big data is the best bet they’ve got when it comes to delivering quality products to their
clients. Sensor-based Internet of Things (IoT) and barcodes take center stage in tracking
perishable goods from their points of origin to their respective destinations. This enables
brands that sell perishable goods to monitor the quality of their merchandise throughout the
supply chain.

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-Applications of big data in logistics

Address verification and standardization

Address standardization is the process of correcting address records, while address


verification is the process of verifying if the address is authentic or if it exists.

To verify and standardize your address, you need a big data-powered address validation
software such as SmartyStreets[6]. This software uses website tools and fully-documented
APIs to validate and standardize addresses.

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-Artificial Intelligence in logistics

Logistics planning

AI can help sift through this data to find patterns and trends that can help optimize the
movement of goods. Additionally, AI can help predict demand and forecast inventory needs,
which can help avoid stock-outs and minimize waste..

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-Artificial Intelligence in logistics

Demand forecasting

The main advantage of using AI in logistics planning is that it can take into account a variety
of factors that might affect demand, such as weather, news events, and social media trends. AI
can also learn from past data to improve its accuracy over time.

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-Artificial Intelligence in logistics

Automated warehouse management

Using AI for automated warehousing can help improve warehouse efficiency and accuracy.
For instance, if a warehouse uses robots to move inventory around, an AI system can be used
to track the robots and make sure they are moving the right items to the right locations.
Additionally, AI can be used to track items as they are being picked and packed, and to
identify errors. This can help to improve accuracy and reduce the amount of time needed to
complete orders. Additionally, AI can be used to monitor warehouse conditions and to identify
areas that need improvement.

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-Artificial Intelligence in logistics

Visual Inspection & Damage Detection


The use of artificial intelligence (AI) for visual inspection and damage detection in
automated warehousing is becoming increasingly common. This is due to the many benefits
that AI can offer in terms of speed, accuracy, and efficiency.

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-Artificial Intelligence in logistics

Prognostic maintenance:

Automated warehouses are equipped with an array of machines and sensors that work
together to move and store inventory. This equipment is expensive and delicate, so
maintaining it is essential to keeping the warehouse running smoothly. Prognostic
maintenance (also known as condition-based or predictive maintenance) is a type of AI that
can be used to help with this. By analyzing data from sensors and machines, prognostic
maintenance can identify potential problems and recommend solutions before they cause any
downtime. This can help to save money on repairs and downtime, and keep the warehouse
running more efficiently.

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-Drones in logistics

Drones can be used at various points in the supply chain, assisting with both the land and air
portions of delivery. Increasingly they're being used for warehouse operations (inventory
management and searching for lost goods), shuttling goods between distribution centers and
last-mile delivery, often a very expensive part of a trip.

Easy last mile delivery


Movement of goods within warehouse compound
Speed
Cheap

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-Uses of IoT technology

1. Shipments Tracking And Monitoring

Wireless devices—such as radio-frequency identification (RFID) tags, eSIM and global


positioning system (GPS) sensors—offer logistics companies the ability to track shipments'
location and to monitor container temperature, relative humidity and other real-time
conditions. With IoT technology, AI algorithms can process this data to assist route
management and improve security, further predicting emerging issues, such as maintenance,
to prevent problems.

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-Uses of IoT technology

2. Inventory Management

IoT technology can also be used to automate inventory management. For example, logistics
companies can place RFID tags on items shelved in warehouses to track the products' location
and inventory levels in real time. With the automatically obtained data on inventory levels
from smart shelves and IoT sensors, companies can improve forecasting and optimize stock
levels.

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-Uses of IoT technology

3. Fleet Management

IoT-enabled fleet management can offer real-time vehicle location, trailer or truck weight
management, vehicle current status and speed. This way, businesses can optimize routes and
scheduling, help diminish idling and improve fleet performance. These solutions can help
reduce fuel costs and assist in monitoring drivers' for unsafe driving practices.

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC


Smart Logistics-Uses of IoT technology

4. Predictive Maintenance

The data collected from IoT devices, like connected sensors, can help identify patterns,
automatically predict the failures in equipment and schedule maintenance.

Sreepada Ravikumar, Assistant Professor, ept. Of ECE, MVSREC

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