fulfillment centers
fulfillment centers

Future of Fulfillment centers with Industrial IoT and Data Analytics

How IoT is reshaping the Warehouse Market?
How IoT is reshaping the Warehouse Market?

Fulfillment centers allow eCommerce businesses to manage warehousing operations. This helps them with the necessary physical space to store all products and maintain stocks and shipping of products. However, warehouse owners face many challenges due to manual work. This leads to inefficiency in operation and loss of time and effort. The solution to this is leveraging digital technologies to automate fulfillment or warehouse operations.

Let us see how we can automate the warehouse using digital technologies like IoT and Data analytics.

How IoT is reshaping Warehouse Market?

IoT is becoming an integral part of every industry as devices from smartphones to smart TV, wearables, industrial equipment, home appliances, to supply chains are getting connected to the internet.  

Learn: IOT using Raspberry Pi Certification Training

Industrial IoT is revolutionizing the entire supply chain—from raw materials to consumer delivery. According to a report by Market Watch, “The Global IoT in Warehouse Market is expected to reach USD 17.93 Billion by 2025 growing at a CAGR of over 21.21 % by the end of the forecast period 2019-2025”

What is a fulfillment center?

A fulfillment center enables the eCommerce merchant to effectively manage their products or inventory.

fulfillment center

Leveraging IIoT and Data Analytics for Warehouse Management

Order fulfillment centers are leveraging Industrial IoT and Data Analytics to remotely monitor and control the supply chain operations. However, a large number of industry leaders are yet to realize the potential of IoT and real-time data generated from these connected devices.

Learn: Getting started with Azure IoT

Let’s see what will be the future of fulfillment centers with IoT and Data Analytics.

  • IoT offers a wide range of applications in warehouse management. With IoT connected devices, the store manager can keep track of every moving part. This will help in reducing the unwanted accidents and displacements of moving parts.
  • The connected sensors at shelves allow the store manager to check inventory information like stocks, displaced products, theft among others.
  • The connected wearables to the manager and all workers will help to monitor all the workers in the warehouse. The manager can monitor various parameters like location, health, performance among others. It can also detect the collisions and falls, hence help in reducing accidents and improving safety.
  • For transportation, the connected devices (telematics) and GPS ensures that the vehicle is following the correct path and reaching in the estimated time.
  • One of the effective use of IoT is by integrating temperature/weather sensors into the systems to monitor the real-time weather data so that they can detect any upset. Using this the warehouse operator and logistic provider manage the operation and reroute the vehicle for an emergency.
  • Most importantly the automation can be used to track the location, environmental condition and helps in the prevention of loss of goods from theft.

Key Components of Smart Fulfillment Centers

fulfillment center by IoT Central

Following are the key components that play a part in a Smart fulfillment center solution offered by IoT central.

  • Gateway devices
  • Robotic Carriers
  • Condition monitoring sensors
  • Data transform
  • IoT Central application

The IoT data can be used to power different kinds of business applications deployed within a retail environment. A fulfillment center manager or employee can use these applications to visualize business insights and take meaningful actions in real time.

Wrapping up

Effective inventory management is something that every warehouse management looks for and IoT offers exactly that by providing real-time insights into the complete warehouse operation. IoT also plays a role in critical asset management. IoT with data analytics is going to be the future of all warehouse market. Many big giants like Microsoft, AWS and Google are creating cloud to edge computing features for warehouse operations in the retail sector.

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FAQ on IoT and Fulfillment Centers

What is a fulfillment center?

A fulfillment center enables the eCommerce merchant to effectively manage their products or inventory.

How to Automate fulfillment centers?

By connecting all the devices to one network, i,e IoT, the warehouse operator can automate the process and manage the warehouse remotely.

What are applications of IoT in warehouse?

IoT offers hosts of applications in warehouse starting from remote monitoring of workers, to stock management, vehicle tracking and condition monitoring of goods..

How Data Analytics is helpful in warehouse Management?

The data generated from connected devices from the warehouse can be use to make critical business decisions like stock availability, condition monitoring, vehicle tracking and many more.