Internet of Things: What companies need to know

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The Internet of Things (IoT) is turning into a hot-catch issue for the C-suite. Many senior pioneers are concerned whether executing IoT-based innovation and processes is worth the time, money and effort involved. Others worry they risk being abandoned and losing their clients to rivals if they stay away from it by and large.

On the off chance that so many companies understand the value of the IoT and are contributing extensive time, money and effort to understand its potential, why are such a large number of as yet are failing to achieve it? Let’s take a look at why are they missing the mark by this list of 10 rundowns of what each company ought to think about effectively operationalising the IoT.

  1. The value of the IoT is not technology. The real value lies in the creation of new value propositions and potential revenue streams. The key is taking this technology and using it to move toward new business models and services that will help realize them.
  2. IoT data will be more democratic than Supervisory Control and Data Acquisition (SCADA) data. Historically, SCADA data has been locked away in somebody’s process control network. To access this information, update it, and revalidate it, people needed a miracle. With IoT, you can freely and quickly bring up this information when and where you need it.
  3. Businesses outside of your industry may know something you don’t. For example, highly powerful tools developed for clickstream analysis, fraud detection, cyber security, and genome sequencing are now coming to process industries. Don’t snub other industries, thinking that you are different from them. They may have a few tricks in their pocket that you need.
  4. Standardization leads to repeatability. The more comparable assets are in your organization, the better your forecasts will be. Machine learning is better with more, similar data. Anything less leads to misconstrued information and inefficiency.
  5. Information Technology (IT) and Operational Technology (OT) are converging – deal with it. Data engineering can take significant time and resources. However, it shouldn’t stop you from moving forward with IoT initiatives. Instrumentation and controls engineers from the world of operational technology (OT) have to bridge the gap between the analytics and IT communities.
  6. Sensors will not live forever. In other words, cheap sensors are not going to be 100% reliable, 100% of the time. Ultimately, all sensors fail either instantaneously or slowly degrade. Processes must be established to make sure sensors are fully operational and deliver correct data.
  7. Your information is as good as your sensors. Reliability of predictions is only as good as the data feeding them. If you are going to run analytics based on sensor data, you better make sure that the sensor is in good working order.
  8. Data needs context. To develop a model that forecasts behaviour, data scientists require context and time-series data. Otherwise it becomes very difficult to consume this information and truly see what happening now and in the future. People need real-time data to make the best possible decisions. With pervasive monitoring, this information is captured and delivered for business intelligence analysis
  9. The IoT brings a tsunami of data. IoT rollouts bring a proliferation of cheap, distributed sensors – resulting in a huge volume of data in a short amount of time.
  10. Don’t forget what powers the IoT. Data integration and actionable information are the heart of collection and analysis of IoT data. Invest in the technologies, expertise, and processes that support integration, reporting, decision making, and action – and maintain them well.

Visit www.gopigeon.in to post your queries. Send your parcels across the world at lowest prices.

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How one stop Courier Solutions help business

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Business leaders face logistical nightmares due to new trends, growing requirements and changing laws. Today’s high-tech logistics market demands that businesses stay ahead of changes. This offers more reliable services. There are a number of challenges faced by a logistics operation.

Pickup to the final delivery of shipments involves a lot of handshake. There are varied expectations from consumers.  Customers are increasingly demanding full transparency to their orders and inventory.

There is also a new storm of ‘one stop solution’ in all aspects of life today. The domestic courier services in India are expanding. This is due to the rise in the e-commerce industry.

GoPigeon, a technology based end to end logistics management company meets all such requirement. It is committed to social and economic development of the community. They provide professional courier services to every business – Surface or Air.

Gopigeon offers a wide range of one stop solution services which are highly in demand:

  1. Customised dashboard as per requirement
  2. Timely pick-up & delivery
  3. Economical & affordable shipping prices
  4. Shipment tracking at every step
  5. Dedicated customer care support.

Gopigeon’s customised dashboard helps in tracking problems before they arise and focuses on improving the delivery service. Businesses have the opportunity to monitor and record data on customer issues. This helps in solving an issue as quickly and painlessly as possible.

Visit http://gopigeon.in/businessquery  to post your queries. Send your parcels across the world at lowest prices.

Best Practices for achieving Supply Chain Sustainability

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In the recent years, many companies have moved ahead from hollow promises to tracking return on investment from their supply chain operations. We think that this change has come into the limelight all of a sudden because the companies realised that sustainability is important through the perspectives of the consumers as well as the government, it can help save a truck-load of money and is beneficial in protecting the environment too.

As an objective of their supply chain management, we are seeing that many companies are building sustainability goals. We, at GoPigeon, have gathered four best practices that should be taken into account in order to integrate sustainability goals into their supply chain objectives.

  1. Implementing certain reporting methods: It helps in demonstrating whether a company is putting efforts in bringing sustainability, which includes fact-based reporting, tracking greenhouse gas emissions data, and triple bottom line (TBL) accounting of economic, environmental and social impact. These data provide benchmarks to set benchmarks to track the achievement of sustainability goals. It can also be disclosed to consumers and regulators.
  2. Conducting Life Cycle Assessments (LCA): Successful companies determine the impact of the environment which include the extraction of raw materials, processing, manufacturing, fabrication, transportation and distribution, the use of the product by the consumer, its disposal and recovery after its useful life.
  3. Adherence to ISO 14000: It is about environmental management standards, which helps a company to systematize and improve environmental management efforts.
  4. 5 Level Framework: It consists of –
    1. Ascertaining the scope of the system
    2. Defining success
    3. Setting strategy
    4. Determining actions to take
    5. Identifying tools to use

This framework can help to organise thinking and making information more clear and strategic in the step towards sustainability. The biggest advantage of working over this framework is that it enables you to think beyond your own company and look at your suppliers as well.

Visit www.gopigeon.in to post your queries. Send your parcels across the world at lowest prices.

Save Your Time, Money and Effort with GoPigeon

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Time, effort and money. Every decision revolves around these resources. The real question has always been how to save them and how to optimally utilise them.

GoPigeon helps you with providing one stop solution in courier service in the most effective way. We will pick your package and ship it to the desired destination, whether it be anywhere in India or overseas. Currently, we have shipped in across 25000+ pin codes all over India and are still exploring every nook and corner of the country.

GoPigeon is the right Single-Point-of-Contact for you. We make sure that the package is delivered through the right channel, in the right condition, at the right price and on the right time.

Well, how do we manage to do so? See it for yourself –

Cost Effective:

GoPigeon offers you the lowest cost among all logistics service providers. You can be rest assured, you will definitely save a lot when you choose us.

Optimised Delivery:

Once we pick the package from your location,ship it using the most efficient and reliable options for a speedy and timely delivery. Be it air or road, the shipment is delivered at the destination at the right time, because we believe in precision and punctuality.

Visit www.gopigeon.in to post your queries. In case you need to connect with our team, drop a mail @ sales@pigen.in.

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Identifying Key Sources of Trends in Logistics Industry

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Logistics industry is dynamic and its trends progress over time through regular bits of knowledge gathered from these four sources that identify key trends and developments.

The primary source is megatrends, which are often worldwide, stable, long term changes that decide more extensive social, technological and financial structures. The second source is the exact opposite; they are micro trends and new companies. Today’s little trends and innovations from start-ups could be tomorrow’s source of development, playing a noteworthy part in forming the eventual fate of logistics. The third source is our network of industry experts and partners, for example, research institutes and technology companies. This enables us to understand the up and coming era of logistics and technology research and development. Also, obviously, our fourth and most essential source is our customers. Frequent and open discussion with customers on the future of their industries enables us to anticipate trends that are influencing their lines of business.

Let’s look each of the above in some detail.

Megatrends: When we say megatrends, we mean such trends that have great momentum as well as dynamic growth to bring an overhaul in the industry, like –

  1. IT security awareness has increased in IT-rich supply chains resulting in elimination of risks that help avoid harmful attacks which can bring entire operations to a standstill.
  2. Energy source is bound to redefine over the next decade, putting challenges as well as opportunities in logistics. The shift to sustainable energy has given a rise to growing e-mobility solutions which require new logistics concepts to support, like full end-to-end lifecycle of lithium batteries.
  3. Big data analytics, Internet of Things, 3D printing and many such things are helping digitalisation of logistics. These enable new ways of increasing process efficiency, developing interaction with customers while driving new business models.

Micro trends and start-ups: With a much shorter time span, micro trends and start-ups play a major role in shaping the ‘tomorrow’ of logistics, when compared to long-term megatrends. Over the past few years, new market entrants are able to react in an agile manner to new market dynamics. This has created something known as ‘unbundling of logistics services’. Basically, well-set supply chain services can be unbundled into singular solutions that can be delivered better through tech-savvy start-ups.

Industry experts and researchers: In order to keep up with the latest trends and developments in technology, it is crucial to be in an open collaboration with strong global partner network. In recent years, cross-industry collaborations and joint initiatives with research institutes have delivered promising results. This helps in increasing the chances of getting solutions quicker to the market.

Customers: Understanding the challenges faced by customers and their early feedbacks must be incorporated, as this approach would help in developing solutions to more complex issues, industry or customer-specific. To achieve this, new platforms are needed to exchange ideas and jointly discover innovations that can be prototyped and tested. For example, automotive sector is being transformed by the shift towards electric mobility which require new solutions for battery logistics. In technology sector, changing consumer buyer behaviour and sales channels combined increasingly shorter product lifecycles will require flexible solutions to address peaks in transportation and goods storage.

To summarise, these four sources enable us to comprehend the trends and developments from a variety of alternate perspectives to build an all-encompassing point of view of the future of logistics.

Visit www.gopigeon.in to post your queries. Send your parcels across the world at lowest prices.