IoT and logistics in 2024 – top 5 trends you can't miss

The Internet of Things (IoT) has connected physical objects, such as machines and household appliances, into a single network. This connectivity allows individual components to communicate, significantly reducing the effort needed to manage them. The USA is the leader in IoT for logistics, generating multi-million dollar revenues. Europe, including the UK, is also experiencing rapid growth in the area of IOT and logistics.

What trends are driving this global growth and revolutionising logistics processes? Check out our summary of IoT and logistics trends for 2024!

1. Vehicle tracking and conditions monitoring

IoT software solutions for logistics enable real-time tracking of your suppliers' locations and the distance they need to travel to reach their destinations. By monitoring their actual location and road conditions, you can plan deliveries more accurately and react promptly to any delays.

IoT applications embedded in specialised equipment can monitor cargo temperature and humidity and the shock force affecting products in transit. This data helps maintain strict requirements for specialised products and improve future delivery planning within the IoT and logistics landscape.

2. Fleet management

Want to optimise your fleet's fuel consumption amid rising oil prices? IoT systems in logistics can help. Using data from GPS sensors and predictive analytics, these systems find the most fuel-efficient and timely routes for your drivers. Additionally, IoT systems monitor your vehicles' current maintenance status. They schedule maintenance based on detected faults, preventing sudden breakdowns and minimising downtime.

3. Warehouse automation

In the Internet of Things era, running out of stock is no longer a problem. Smart systems detect when shelves are running low and automatically initiate restocking orders using IoT sensors that control inventory in real time.

Robots are increasingly taking over the task of moving products around the warehouse. These automated helpers place goods in the correct sections, reducing the likelihood of misplaced orders and speeding up warehouse operations.

4. Supply chain management

Delivery of goods is crucial in many industries, from manufacturing to entertainment. A malfunction in one part of the supply chain can affect multiple companies and impact customer satisfaction. IoT, supported by artificial intelligence, collects data from different stages of the supply chain and uses it to forecast potential problems. This analysis helps you manage deliveries better and maintain a smooth flow of goods.

5. Risk mitigation and safety

IoT solutions enhance security to ensure deliveries arrive intact from the manufacturer to the customer. Special sensors detect any unauthorised attempts to open a delivery or theft and immediately alert the relevant security services. This prevents thieves from escaping with the delivery and helps avoid financial losses and delays for both the customer and the manufacturer.

Combine IoT and logistics in your business today!

Companies that use IoT technologies to streamline logistics processes can optimise costs more efficiently and respond more accurately to their contractors' needs compared to those still considering smart solutions.

Every day without IoT support in logistics means more problems, less revenue, and decreased competitiveness with demanding customers. At Happy Team, we are experts in providing cutting-edge IoT development services for logistics based on .NET. Whether you need a modern warehousing solution, a proven delivery system for an e-commerce platform, or powerful supply chain management software, we can help. Discover how we have assisted companies in streamlining their IoT and logistics processes and use our experience to deliver more, faster, and at a lower cost!