IOT IN INTERNATIONAL TRADE AND LOGISTICS


IOT IN INTERNATIONAL TRADE


The Internet of Things (IoT) is the nerve center of systems that allow us to better manage our time and energy resources, boost manufacturing efficiency and effectiveness, generate less waste, and damage the environment. At this juncture, the Internet of Things (IoT) enters its golden era in all industrial industries, particularly automotive.


The manufacturing industry, which is the key sector that propels economies and countries forward, has evolved throughout history as a result of technological advancements. So far in history, the world has seen three major industrial revolutions.


The first industrial revolution, which began at the end of the 18th century and was based on water and steam power and the production mechanism, was followed by the second industrial revolution, which was aided by electrical energy. Following that, the third industrial revolution, often known as the digital revolution, occurred, with an expansion in the usage of electronics. However, the fourth industrial revolution, which we might characterize as digital, connected, and smart, has arrived at our doorstep, thanks to the internet and internet of things technologies.


This fourth wave, also known as Industry 4.0, is a smart, integrated production and industrialization phase that may be described as a project for integrating internet processes into production stages and establishing inter-process networks. In summary, starting with the dynamics of digital change, industry 4.0 gives rise to the smart production economy of the future.


New Technology Topics in Production


Manufacturing design technology advancements (computer aided design and engineering, 3D modeling, 3D printers, randering, augmented reality, virtual reality)





Changes in manufacturing methods (CNC machines, flexible production)





Automated manufacturing developments (databases, ERP, IoT, robotic systems, sensors, artificial intelligence, industry 4.0, wearable technologies, just in time, cyber security, etc.)






Logistics and supply chain advancements (M2M, mobile tracking, mobile technologies, personalized design and production, MRP etc.)




Data is the primary source of each of these objects. Without data, no industry, particularly production, has a chance to flourish now or in the future. In today's digital environment, instant data is crucial.





IOT IN LOGISTICS




While many businesses are still striving to comprehend the full potential of data-driven solutions, transportation and logistics companies are well ahead of the curve. Companies that provide logistics services and carry goods by air, land, sea, or rail, by their very nature, have networks that span a large geographic region. When making choices, businesses want quick access to data regarding these networks. As a result, transportation and logistics industries are at the vanguard of the Internet-connected world's shift, recognizing the advantages of new sensor and connection technologies early on.



Recommendations For Smarter Transport

https://www.imcgrupo.com/industrial-iot-gateway-used-in-logistics-and-transportation-management/


IoT technology may have diverse aims for companies in the transportation and logistics business. The extent of solutions they require will vary depending on their capabilities and strategic emphasis. The complexity of establishing IoT applications and the possible advantages received from IoT applications differ as the breadth of the application changes.


While the Internet of Things is transforming technology and the way people work, the fundamentals of business strategy remain the same. Companies should identify their goals, pick the business need to be addressed by this goal, build a solution, and determine the action plan to achieve this solution, just as they should with any other strategy.


The planning process and recommendations in the paper can help transportation and logistics organizations discover the correct approach so that IoT technology become an integral element of all transportation and logistics initiatives.

https://www2.deloitte.com/tr/tr/pages/technology-media-and-telecommunications/articles/internet-of-things-iot-in-shipping-industry.html



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