Unlocking insights to streamline operations

Real-time tracking

Location data enables real-time tracking of assets, shipments, and vehicles throughout the supply chain, allowing for better visibility and management.

By pinpointing the exact location of each asset, companies can address any issues or delays and minimize the risk of theft or loss, thus safeguarding valuable resources.

Optimized route planning

Supply chain managers can optimize delivery routes by analyzing location data, reducing fuel costs, and improving efficiency.

By forecasting traffic patterns, road conditions, and weather updates using location data, timely and cost-effective deliveries can be maximized, and environmental impact can be minimized by reducing carbon emissions.

Geofencing

Geofencing with location data allows for automated alerts and notifications when vehicles or shipments enter or exit specific areas, enhancing security and control.

By proactively monitoring trigger alerts for scenarios such as unauthorized access to restricted areas or deviations from planned routes, companies can mitigate risks and ensure compliance with regulatory requirements.

Inventory management

Location data aids in optimizing inventory management by providing insights into the precise location of goods within warehouses or distribution centers.

By leveraging this data, companies can implement just-in-time inventory practices, reducing storage costs and minimizing the risk of stockouts or overstock situations.

Planning to expand your business? We’re here to help you.

Discover how Xtract.io helped this company analyze and assess over 6000+ QSRs using geofencing technology that helped them to make informed decisions for network expansion and route planning.

Additional resources

5 ways location data can ease the supply chain crisis

More than thousands of factories shut down globally due to the pandemic, and while the companies were recovering from it, new cases…

Know More

Four tips to improve your business’s location strategy

A business’s success depends on many factors, but its location plays a significant role. Choosing where to locate your business requires…

Know More

Should you build or buy POI location datasets?

Data is an integral part of any business to make informed decisions. According to Forbes, 59% of businesses use data to boost…

Know More

Strengthen your supply chain system with us

© 2024 Xtract.io Technology Solutions Pvt Ltd | All Rights Reserved | A Mobius Venture.

© 2024 Xtract.io Technology Solutions Pvt Ltd | All Rights Reserved | A Mobius Venture.