In the logistics industry, assets travel along worldwide transportation routes. During the transit process, the supply chain can be broken by transportation delays, theft, operator errors, IT failures.
Logistics managers often find out about delayed or misrouted assets once they arrive – if they do – at their destinations, or at the time of their planned arrival, which is too late. That results into lost productivity, delayed production and damaged client relationships, jeopardizing profits and ratcheting up cost pressure.
