Real-time location and condition tracking drives resilient supply chains

Each year, businesses around the globe miss out on an estimated $1.6 trillion in revenue due to supply chain disruptions. These interruptions don’t just impact bottom lines, they affect customer satisfaction, operational continuity, top line growth, and even public health. From perishable food arriving spoiled at grocery stores to life-saving medication shipment delays, the ripple effects are far-reaching.

Recent global crises and an increase in freight theft have made it clear that improving supply chain resilience is critical. Whether it’s managing international shipments, navigating labor shortages, or responding to extreme weather, businesses face mounting pressure to innovate. To address these challenges, companies are turning to technologies like real-time IoT monitoring of product location and condition to create agile, adaptive supply chains that withstand disruptions and enhance operational continuity.

The Power of Real-Time Intelligence

At the heart of supply chain resilience is having the ability to see where assets are at any given time, understand their condition, and deliver prescriptive direction for proactive corrective action if necessary. Real-time IoT solutions, such as SmartSense Voyage, are revolutionizing this space by enabling businesses to continuously mo…