Any industry that routinely ships cargo can benefit from freight management systems like a freight visibility platform. But for some, the heavy cost of losses or theft makes the need for asset-tracking technology all the more urgent. Let’s take a look at 5 industries that can minimize losses and boost their bottom line with the help of pallet-level intelligence®.
- Online Retail
Any retailer that ships their products across the country or across the world knows how losses impact their business. Whether your products are damaged, misplaced, or stolen, it doesn’t just eat into your revenue — it also upsets your customers, whose shipments are either delayed or never arrive as a result of these losses.
That’s where an asset tracker can help. Not only will you know where your package is every step of the way — you’ll also know when it reaches key waypoints. And you can effortlessly pass that information along to your customers utilizing Delivery Chain’s platform so they have a more precise sense of where their delivery is and when it will arrive. What’s more, if there are any delays, you can inform them immediately. So, in the end, an asset tracker doesn’t just minimize losses — it also boosts customer retention.
- Food & Beverage
One of the biggest risks that food and beverage vendors take when shipping their products is that they will be mishandled. They could be damaged en route. Or, for some products, fluctuations in temperature can ruin them. And this isn’t the only losses these vendors might suffer. Food and beverage items were the second most likely category of cargo to be stolen in 2020, according to a report by CargoNet.
Outside of thwarting theft, Delivery Chain’s customers also save money on penalties when delivering food items into big-box retailers and grocery stores. When those late penalties or even early-arrival penalties hit you, they can make a big impact on your bottom line. Manufacturers of foods have enough to worry about without also being fined when their carrier drops the ball. Delivery Chain’s platform can frictionlessly communicate location and prevent food and beverage customers from incurring these penalties.
- Pharmaceuticals
Pharmaceuticals, too, can be damaged by temperature fluctuations. That’s where pallet-level intelligence® can make all the difference. When you’re relying on electronic logging devices (ELD) to know the status of your shipment, your insights are limited. That’s because ELDs are located in the cab of the tractor-trailer with the driver — not in the trailer with your cargo!
Asset trackers, on the other hand, stay with your shipment no matter what truck it’s on, what mode of transportation it’s moving in, or whether the load has been transloaded into new trailers or put on the rails. We all deserve to know whether our pharmaceuticals have been exposed to harsh temperatures or mishandled.
- Electronics & Tech
When you’re shipping high-value items such as electronics and other technology, your risks are even higher for losses. Damaged or misplaced items can hurt your bottom line in big ways.
With freight visibility platforms, you don’t just know where your cargo is at all times. You also know when it’s experienced potentially damaging impacts. Delivery Chain’s asset trackers include accelerometers as well as API integrations that help you know whether your inventory is in motion or at rest. Delivery Chain’s proprietary system also includes sophisticated geofencing and notification technology. This ensures that key stakeholders are notified instantly when an event occurs.
- Household Goods & Moving
Household goods are the so strategies for protecting this type of cargo are well worth mentioning here. People who are not involved in freight often do not realize how many shipments involve household goods. This type of freight can include home appliances, tools, or even an individual’s home belongings. These items are personal and can be highly valuable — both on a monetary and sentimental level. For example, someone’s grandmother’s wedding dress might not seem too important to you — but it’s certainly important to them!
Whether you’re the owner of the dress or managing the shipment. you’ll want to know where it is during transit, every step of the way. This will also help you avoid long, fruitless phone calls to find out an ETA on that delivery.
Trust us. We know from experience: there’s a better way to track your cargo. It is preferable for all parties involved to access Delivery Chain’s clean and easy-to-use platform — instead of participating in stressful, unproductive phone calls.
Delivery Chain’s Freight Visibility Platform
Delivery Chain’s custom-built visibility platform provides you with real-time insights like never before. Knowing the status and location of your cargo helps you cut down on expensive losses, fight theft, reduces non-revenue-generating work time, and improves your logistics. Don’t miss out on what’s happening with your freight once it leaves the dock! Learn more about Delivery Chain today.