Increased visibility for fleet and cargo owners means a decrease in delays and losses, ultimately saving time and money, and protecting the workers involved in cargo transport.
FREMONT, CA: 5G, with its enhanced connectivity and speed, expected to impact many sectors, especially the logistics industry. This sector has faced several challenges, from lost signals to insufficient coverage in rural areas, but 5G will be able to bring a solution to these issues and positively impact logistics and supply chain management.
Here are three ways how 5G will impact the logistics industry:
Communication and Repairs through VR and AR
Technologies such as virtual reality (VR) can support on-the-road backup and other assistance, while augmented reality (AR) can be integrated into vehicles to enable better endpoint recognition and enhance the safety of the driver.
These technological updates will reduce time alloted for maintenance and save companies' money as in-house mechanics can be on-call for any issues that may arise in transit.
Cheaper IoT Sensors to Avoid Revenue Leakage
Implementing cheaper sensors will enable better single item tagging and tracking and near edge computing on small footprint infrastructure, which will allow faster inventory checking. 5G will allow end-to-end visibility, helping prevent revenue leakage via theft or loss. It will also enhance traceability as it will be able to track and gather data at every step of the way, including if a truck changes to weight, allowing cargo owners to have higher visibility into the shipping process that was not possible before.
Location Tracking and Route Optimization
It will allow businesses to track their cargo across all regions by improving coverage in areas that were far-reaching previously. Optimized geolocation technology enables better visibility into delays and unforeseen travel circumstances, eventually improving location intelligence and avoiding unnecessary trips and inefficiencies. 5G helps logistics managers to account for cargo from end-to-end during all points of its trips.