Toward the end of 2015, the Federal Motor Carrier Safety Administration (FMCSA) published the Electronic Logging Device (ELD) mandate which requires transportation companies to meet certain compliance standards. Commercial motor carriers and professional (CDL) truck drivers must keep a record of duty, and the ELD mandate stipulates that they also carry a device that electronically tracks and records their hours of service. In order to ensure that compliance is met, all drivers must present this…
Nobody can predict the future, but thanks to some powerful software and the use of accurate automatic data capture technology, most companies can generate a pretty good idea of what their sales and inventory will look like in the days, weeks, and months ahead. With predictive sales forecasting, it’s possible to reduce excess inventories while also improving sales and streamlining supply chain operations. Forecasting isn’t perfect, particularly the farther into the future you project, but…
Asset management is a challenge even when those assets are relatively static. For companies that utilize highly mobile and expensive assets (such as large trucks, shipping containers, expensive tools, etc.) the challenge is even greater. Assets and equipment are often deployed in the field for long stretches of time with little visibility. This makes it difficult to optimize asset utilization and also raises the risk of theft or loss. There are a number of automatic…
Radio frequency identification (RFID) uses electronic tags to store data that can be transmitted to a scanner/reader. This provides identification and tracking benefits similar to those from barcoding, but with the ability to store more information and to read tags without a line of sight. Also, multiple (in some cases, hundreds) of tags can be read at once, making the technology more efficient. RFID has been deployed for supply chain management by many companies, but…