Cold chain interruptions are inevitable, despite your most diligent deterrents. Ensuring 100 percent cold chain reliability is possible, but also expensive, while it’s difficult to balance the growing cost of cold chain risk management with the relentless need to reduce costs, supply chain professionals today have an advantage their predecessors didn’t — the Internet of Things. IoT combined low-cost connected sensors for real-time shipment monitoring can help cold chain management.
The right, end-to-end IoT cold chain monitoring solution will afford shipping managers and quality control personnel alike the trifecta of what they need to ensure maximum cold chain reliability:
Sense Data in Real-time
Knowing instantly about a temperature spike and which of your parcels are potentially affected is valuable information. If your IoT gateway device has a GPS and the right set of sensors, you will be able to know where the temperature anomaly is happening and what possibly triggered it.
Make Sense of Data
Besides risk reduction and better throughput, another bonus to continual monitoring is aggregated data. Sufficient logistics data, when properly analyzed, can be a treasure trove of predictive and real-time actionable insight. You can use past performance and variables like the window of delivery, route congestion, possible deviations, fuel consumption and remaining coolant to continually suggest more efficient routes. Iterative improvements over time have a greater positive impact than sweeping procedural changes fraught with risk.
Act on Insights Through Timely Intervention
If your shipment gets delayed, your coolant runs low or your refrigeration malfunctions, for example, real-time monitoring would give you a heads-up early enough to take effective action, dispatching a recovery or refit team to resolve the issue.
The cost of intervention is often lower than the cost of overcompensating on cold chain risk mitigation tactics like heavier insulated packaging, powered cold chain solutions or maintaining redundant safety stock, allowing you to run a leaner AND more reliable cold chain.
In a world rife with uncertainty and disruption, you can’t always reduce cold chain logistics risk by doubling up on preventive measures. You need the power of real-time data-driven decision making possible through a combination of reliable data gathering, constant connectivity and advanced analytics – a cold chain monitoring solution that is truly end-to-end.
PIMM™ Cold Chain Management (CCM) provides “end to end visibility” for your cold chain. The system monitors, analyzes and manages the entire distribution process from supplier plants, 3rd party carriers, 3rd party cold storage/distribution centers, outbound delivery fleet and in-store cold storage.
To learn more about this and other PIMM™ Products, please visit us at www.Procuro.com or call TOLL FREE today 1-888-571-PIMM (1-888-571-7466)!