For manufacturers of goods, the material flow of physical assets like parts and assemblies, along with the availability of warehouse space, presents a challenge due to the lack of visibility. As assets ship, arrive and are assembled, blind spots develop. Determining way points and identifying dwell times fill those gaps and help to uncover the blind spots to ensure supply chain fidelity and enable smart logistics, saving time and money by making the operations run smoother.
A leading manufacturing company regularly uses custom-built racks to transport vital parts between several supplier locations and its geographically dispersed manufacturing plants — sometimes on short notice.
In order to gain better visibility into its supply chain issues, the company turned to Numerex to deploy an M2M solution that would help them more effectively understand and manage the flow of materials.
Using iManage — a supply chain solution utilizing tracking sensors, wireless network connectivity, and visualization software and analysis tools — the manufacturer was able to gain accurate, real-time visibility into its cross-factory materials flows. Delays were discovered before they became problematic, and previously hidden bottlenecks become visible.
For companies shipping containers, bins, and crates as they move from one location to the next, keeping track of these high value assets can be a challenge. iManage can help prevent theft, loss and improve real-time forecasting of these important assets. Using IoT technology grounded in business and tailored to meet the unique needs of various vertical industries, iManage gives real-time tracking, alerting and reporting to create a cost effective and complete solution designed to empower businesses in making key tactical decisions, helping to save money by preventing loss and theft.
For companies who specialize in waste management at construction sites, profitability improves greatly with real time monitoring and location mapping of large roll off containers. For these companies, Numerex delivers an asset management solution, giving rental companies who lease roll off containers containing construction waste, the visibility to see the assets anywhere, anytime. This in turn saves time and money, increasing efficiency and productivity through asset location, theft prevention and inventory management.
The waste management industry has been historically inefficient in managing it's hard assets, not knowing in near real time where some of their roll-off inventory is located. Misuse of bins and containers is a real issue, too, with products being “sub-leased” without knowledge or permission, and theft was also a problem. Roll-off containers cost anywhere from $2,500 to $10,000 each and can be located at a customer’s construction site for a length of a few days to a month.
Not knowing where these assets are at any given time can result in theft, waste, and mismanagement, as well as loss of revenue. All of this manifested into an ongoing loss of potential revenue, as “lost” containers cannot be rented to another customer. On top of it all, the waste management industry continued to experience increased pressure for lower pricing and ever tightening government regulations.
Numerex deployed an asset management solution, giving rental companies who leased the containers the visibility to see the assets anywhere, anytime. This in turn saves the companies time, money, making them more efficient and productive.