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Speed, precision and transparency are key in logistics which is why real time locating systems (RTLS) have become a game changer for 3PL providers. This technology enables companies to perform 3PL logistics tracking of assets, inventory, and vehicles in real-time, significantly improving operational efficiency and reducing costs. This article explores how RTLS is transforming 3PL logistics and highlights its key advantages.
What Is 3PL Logistics?
Managing a supply chain requires significant resources, including a large fleet and warehouses. To reduce costs and complexity, many businesses turn to third-party logistics providers (3PLs).
3PL stands for “Third-Party Logistics”, outsourcing major logistics functions to an external provider. They handle storage, transportation and delivery to the end customer. By doing so, companies can save resources and focus on their core business.
The Role of RTLS in 3PL
RTLS has become the go-to technology for tracking valuable assets in real time. The system utilizes centralized monitoring, location algorithms, and wireless communication to track your goods, inventory, and transportation in real-time. This enables you to optimize your logistics processes and make informed decisions.
Key components of RTLS are software, tags and sensors that enable automated asset location. Radio frequency technologies like Bluetooth Low Energy, WiFi and UWB are used to locate assets. Each asset is fitted with a sensor that sends out radio signals with a unique identifier at regular intervals. These signals are picked up by receivers in the monitoring area and sent to the server and then to the manager’s smartphone or computer.
RTLS takes 3PL logistics to the next level by giving visibility into assets, transportation and inventory so you can control your logistics better. From storage to final delivery the platform makes 3PL operators more productive, safer and reduces operational costs.
Real time visibility is achieved through IoT devices that do inventory tracking and cloud that gives you data anytime. When combined with AI and analytics RTLS is a complete information flow system that drives operational efficiency.
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Key Benefits of RTLS for 3PL Logistics
The application of RTLS in 3PL logistics optimization provides numerous advantages, enabling companies to track assets in real-time, optimize warehouse operations, and enhance transparency and inventory accuracy.
Real-Time Asset Tracking
RTLS ensures continuous visibility of assets across the supply chain. From the moment goods arrive at warehouses to their delivery to end consumers, logistics operations can be monitored effectively. Businesses can address the following tasks more efficiently:
- Reducing the time spent searching for assets in warehouses, thus cutting operational costs.
- Precisely tracking and managing valuable assets.
- Monitoring transportation and warehouse equipment in real-time to minimize downtime and identify rule violations promptly.
Improved Inventory Accuracy
Using RTLS, companies are able to perform more accurate inventory of warehouse stocks. It is possible to avoid errors associated with counting goods, as well as minimize shortages and obtain reliable information about the state of affairs in warehouses to improve logistics processes. The system provides a complete picture of the status, location and use of stocks, which significantly simplifies reporting and improves the quality of analytics.
Optimized Warehouse Operations
RTLS can identify any potential problems in warehouse operations, as well as monitor and manage assets to optimize warehouse operations. The system helps to take into account warehouse overload and determine the amount of resources to improve labor productivity. Thanks to the optimization of operations, orders are processed. Customers are guaranteed accurate and timely delivery of goods, which increases their satisfaction and makes the company more loyal.
Increased Transparency
RTLS brings new levels of flexibility and transparency into warehouse operations. Every piece of equipment, every product, and every interaction within a warehouse provides logistics companies with valuable information that helps them build a picture of their operations and improve warehouse processes.
The Role of RTLS in Sustainability
Sustainability is becoming a crucial focus in logistics, with companies seeking ways to minimize environmental impact while maintaining operational efficiency. RTLS plays a pivotal role in achieving these goals by optimizing resource use and reducing waste across the supply chain.
Reducing Fuel Consumption
RTLS enhances route planning for vehicles, minimizing unnecessary mileage and idling times. This leads to lower fuel consumption and reduced greenhouse gas emissions, contributing to greener transportation practices.
Optimizing Resource Utilization
By providing real-time insights into inventory levels and equipment usage, RTLS ensures resources like storage space and labor are used efficiently. This prevents overstocking or underutilization, reducing waste and excess energy consumption.
Minimizing Product Waste
With real-time tracking, RTLS helps prevent misplacements or delays that can lead to damaged or spoiled goods, especially in perishable industries. This reduces product waste and enhances supply chain reliability.
Beyond Tracking: How RTLS Enhances 3PL Logistics
Beyond tracking, RTLS solves other 3PL operator needs. It improves workplace safety with geofencing and real time alerts that prevent equipment collisions, theft or asset loss. It allows you to monitor restricted areas in the warehouse, for asset and worker safety.
In addition, in the event of an emergency, the platform provides latest data on the location of people or valuable assets, which helps security services coordinate their actions more accurately.
Thus, using advanced RTLS technologies, companies can improve their efficiency and gain new opportunities to increase customer satisfaction. The system provides enterprises with a competitive advantage and makes the supply chain more responsive, transparent and reliable.
Navigine is ready to assist with the implementation of RTLS solutions for 3PL logistics and warehouse facilities. Our digital tracking platform ensures efficient 3PL logistics tracking of goods, equipment, and transportation in real-time. To learn more about the Navigine RTLS system and its integration into logistics operations, request a callback or contact our team by filling out the online form.
