14 Aug
2021
It is always important for product manufacturers to provide top quality products at reasonable prices. Damaged or decayed products in both medical and food category can give way to severe & staid consequences of health, safety, and welfare.
Following are the reasons why these sectors are now getting inclined to cold-chain tracking and monitoring-
Despite the amenities and conveniences of the cold chain being in place, it still calls for proper infrastructure to prop up its functioning round-the-clock. Therefore, it is not only vital to keep up the temperature in warehouses, but it is similarly important to delineate temperature compliant parameters as well.
Now, the question remains, how exactly IoT comes into the picture. By deloying Internet of Things (IoT), cold chain tracking is now capable of overseeing the respective trucks delivering the package along with constraints that define the quality of the products being transported. Internet of Things aids in keeping a check on cargos through its remote and real-time monitoring sorts & skins and makes one deal with temperature-dependent merchandises from the ease of one’s office. By allowing the smart interconnection between the concerned fleet and smartphones, one can distinguish anomalies and retort to them, helping one in preventing the degradation of your products. Optimizing the cold chains of logistics businesses, IoT helps one identify and respond to threats in association with dilapidation of perishable products while they are transported in refrigerated clips.
The cold chain tracking and monitoring system makes sure that there are immediate alerts about any sort of incongruities. Trucks are considered as the lifeline of any transportation commerce. When their performance closely impacts the on-time conveyance of products, they also remain accountable for fuelling the refrigeration divisions mounted in the reefers. At the same time, since trucks may administer multiple deliveries on a single buff, any complication that may come about in the engine or other modules of the truck can disturb the entire distribution course. This is where IoT technology system paves in the scenario and proves its flair with a full sway.
Operating a cold chain logistics can be very over-priced and exorbitant in nature. When immense workforce is needed to run the cold chain, huge investment is also supposed to fall in place to acquire the best refrigerating and cold storage infrastructure. Furthermore, moving goods from one site to another is also very costly while making sure that all the rules and dictums set by the government are finely met. IoT systems tend to bring in the much needed translucency in the cold chain logistics that lower down the dependence on the workforce for the inspection of perishable goods being shipped. Furthermore, possibilities of theft, misplacement of products, lewd packaging, and putrefaction of environment-sensitive products are considerably reduced that result in a steep decline in expenditures and operational outlays.
Last but not the least; this high-end technology gives way to increased efficiency and productivity. Apart from reducing the operational costs, it also reinforces the productivity of cold chain logistics. Procedures and courses that are usually very much time-consuming and call for unbridled human intervention can be easily brought off by using this technology.
According to Allied Market Research, the global cold chain tracking and monitoring market is anticipated to exhibit a significant CAGR from 2014 to 2022. In the last few years, the focus on product quality has considerably increased. Rise in the trend of organized retail system, surge in the number of refrigerated warehouses, growing pharmaceutical industry, and fluctuating government rules & dogmas have supplemented the market growth yet more. On the other hand, lack of high operational cost is expected to impede the growth to some extent. However, emergence of advanced RFID tools for cold chain tracking have almost mellowed down the restraining factors and paved the way for a plethora of opportunities in the sector.
Koyel Ghosh
Authors Bio- Koyel Ghosh is a blogger with a strong passion and enjoys writing in miscellaneous domains, as she believes it lets her explore a wide variety of niches. She has an innate interest in creativity and enjoys experimenting with different writing styles. A writer who never stops imagining, she has been serving the corporate industry for the last five years.
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