Supply chains are complex by nature, and there are a number of events that can profoundly impact their ability to run according to plan. Unexpected weather events, theft, systems outages, social unrest, and labor shortages can all present severe challenges for your business continuity.
Recent statistics from the logistics space show just how costly and commonplace potential supply chain disruptions actually are, and the numbers show no sign of slowing down:
$30 billion of cargo is stolen every year
71% - 87% of global cargo theft happens while cargo is in transit
Over the past 20 years, extreme weather-related disasters have increased by 83%
In 2021, trucking companies in the United States suffered a record deficit of 80,000 drivers
In 2022, 73% of warehouse operators experienced labor shortages
What would you do if your carrier gets stuck in a snowstorm, your freight is hijacked, a systems outage occurs, political turmoil arises, or you find yourself without enough people to move goods in or out of your facilities? If you don't receive an alert about the problem immediately, and can't react in real time to solve it, you run the risk of letting a minor supply chain problem spiral into a major supply chain problem.
The Usual Response to Supply Chain Disruption
If you suspect there's been a delay with one of your shipments, it's typically a time-consuming process just to identify the problem. If you aren’t receiving real-time updates about your shipment, you’re probably all too familiar with the long and laborious steps required to sort the problem:
Log on to your transportation management system
Track all of your shipments to see if they are on time
Identify the problem shipments
Call your 3PL about the problem shipment
Wait for your 3PL to contact the proper carriers, warehouses, or other facilities and source the problem
Wait for those contacts to follow up with your 3PL
Wait for your 3PL to follow up with those contacts
Wait for your 3PL to provide you a status update
Identify the scope and details of the problem
By the time you receive the information you need to begin problem-solving, which may take hours or even days, your supply chain may already have suffered the ripple effects of the disruption.
The Cargo Signal Solution
The IoT-powered sensors that Cargo Signal attaches to global freight track real-time data about shipments as they make their way through the supply chain, providing end-to-end visibility, security, and quality control. Our technology is supported by a Command Center staffed by logistics professionals who monitor your shipments around the clock, 7 days a week, 365 days a year.
With Cargo Signal, you can replace the arduous troubleshooting process with two easy steps:
Review the alerts about the problem shipment identified
Trust our 24/7 Command Center to resolve the problem
Trust Cargo Signal to Take Control of your Business Continuity
You may not be able to prevent unexpected disruptions, but having the right tools on hand means you can react sooner rather than later, saving time, money, and energy. If travel routes are blocked, freight is compromised in transit, or there is a delay in moving goods, Cargo Signal’s unprecedented visibility ensures that you won’t have to wait to take action. You’ll be able to view the location and condition of your freight at any time from our easy-to-use platform. And what’s more, our Command Center will be there at all times to intervene on your behalf.
Our sensors continue to monitor and collect data about your freight throughout a given disturbance, even during a systems or power outage, so your cargo stays safely monitored and protected at all times. With Cargo Signal, you gain the real-time data you need to proactively manage disruptions and the power to accumulate a store of historical data that can be proactively leveraged to boost the resiliency of your supply chain year after year.
Cargo Signal Can Help You:
Obtain real-time visibility of your freight’s location and condition so you can resolve problems in minutes, rather than hours or days.
Improve your risk management strategy by accumulating historical data to help you forecast your supply chain's reaction to hypothetical disruptions.
Troubleshoot unexpected disruptions with the advice of our Command Center staffed by logistics professionals who monitor global shipments 24/7, 365 days a year.
If you want to improve your supply chain performance using sensor-based logistics, Cargo Signal is a great option. Contact a representative today and request a demo to get started.
Download Cargo Signal's free Guide to IoT E-book here.