Managing Logistics with M2M
A discussion about M2M (machine-to-machine) technology is really a discussion about data. Data can illuminate the supply chain, streamline operations, and improve decisionmaking in the enterprise, essentially changing the way a business is run, or the way consumers live their lives.
The need for logistics data is growing in several markets looking to keep track of information such as the location, status, and physical condition of objects or assets as they move geographically or through the supply chain. With M2M technology, those looking for data can capture it and harness it, providing business owners with the visibility needed to make decisions.
An acquisition announced last week could help a company, Savi Technology, www.savi.com, even further expand its position as a leader in logistics and supply-chain operations. The company was recently acquired by affiliates of La Salle Capital Affiliates, www.lasallecapitalgroup.com, which the companies say points to the strength of the market for logistics-informatics solutions as a whole.
The goal is to allow Savi to further pursue global opportunities in the logistics space. Its solutions already support some of the most complex and demanding supply chains in realms such as military and defense; aerospace; oil, gas, and mining; and manufacturing. In a statement, William Clark, president and CEO of Savi Technology, suggests the company is already in the final stages of completing several new solutions it will bring to market in the “near future.”
The importance of logistics data extends beyond business applications into the consumer realm. For instance, as the holiday season approaches, logistics providers such as UPS, www.ups.com, will be ramping up for the busiest time of the year. To do so, the company is turning to M2M technology to make sure each package and parcel arrives where it’s supposed to be, when it’s supposed to be there.
Next month on The Peggy Smedley Show, a weekly radio show that covers M2M and connected devices, Jack Levis, the director of process management for UPS, will join Peggy Smedley, editorial director of Connected World magazine and host of The Peggy Smedley Show, to discuss the role M2M technology is playing in its expanding business.
The interview is part of a series running this fall that will highlight several high-profile technology innovators in roles such as CIO (chief information officer) and CTO (chief technology officer) who make key technology decisions for their companies. Tune in live on Tuesday, October 23 at 12:15 p.m. CT, to hear Levis and Smedley discuss the how technology is changing the way companies manage logistics, and how M2M data is changing the game.