The advent of 5G technology is transforming the supply chain landscape, particularly in addressing the persistent challenge of theft. With cargo theft incidents surging by 57% in 2023, businesses are in dire need of more sophisticated tracking mechanisms. The implementation of 5G-enabled labels and real-time tracking through public and private networks is a game-changer. From the moment goods are packaged, they can be monitored throughout their journey, from warehouse to delivery, ensuring product security and enhancing customer service.
Innovative Inventory Management
The battle against supply chain theft is also being fought with smarter inventory management tools. The integration of thin-film battery technology in smart labels is a breakthrough, allowing for discrete, continuous monitoring of each item within a shipment. These labels, resembling standard shipping tags, can be applied to individual high-value items, providing alerts the moment an item is tampered with or separated from its shipment. This innovation is crucial for high-tech companies and any business where theft or misreporting can significantly impact operations.
The evolution of smart tracking technologies, bolstered by 5G and innovative battery-powered labels, is providing businesses with the tools to safeguard their assets more effectively than ever before. This marks a significant step forward in securing supply chains and ensuring the integrity of global logistics.