The Yojee logistics platform partners with Here Tech to create an operational intelligence solution
Cloud-based logistics platform Yojee has partnered with Here Technologies to create a unique operational intelligence solution to transform warehouse management for global businesses, according to a statement released Thursday.
Yojee facilitates the flow of freight movements in a single ecosystem.
Combining Yojee’s logistics software expertise with Here’s location intelligence, the joint initiative will generate critical data from the warehouse floor, enabling businesses to make more informed decisions about how they can streamline operations. operations and utilize the facility’s maximum capacity through infrastructure planning, asset tracking and workforce management, Here Technologies said in the release. These operational intelligence data points will help establish a warehouse health pulse system that will measure key metrics based on various location parameters regarding labor productivity, material handling equipment, the state of stocks, among others, according to the press release. Stating that the growth of supply chains and e-commerce trends have resulted in the need for more warehouses globally, experts predict that the number of warehouses worldwide will increase by 20% between 2018 and 2025 to reach about 1.80,000, of which more than half are in China, the United States, Japan, India and Germany.
At the same time, warehousing costs are rising and companies are spending around 300 billion euros or $ 346 billion per year on warehousing, with operational costs accounting for 85% of those expenses, the statement said. âWe are building an invention that will transform the visibility and efficiency of supply chain and logistics around the world. We digitize warehouses where data can be consumed and analyzed through a single smart dashboard remotely at any time.
âThis data intelligence is critical to improving overall warehouse productivity and efficiency. I have no doubts that with HERE it brings more than just a return on investment for the global logistics industry in the long term, âsaid Ed Clarke, Managing Director of Yojee. With Here Asset Tracking, businesses can enjoy better real-time visibility that tracks the location, condition and condition of their warehouse assets. Jason Jameson, Senior Vice President and General Manager of Here the Asia Pacific, said, âThe logistics industry in Asia Pacific shows no signs of slowing down due to digital transformation and exponential growth in the transportation industries. supply chain and e-commerce. Yet the cost of expansion continues to be one of the main obstacles for the Asia-Pacific logistics sector as it enters expansion mode â.
Through this exciting partnership with Yojee, Here looks forward to providing businesses with substantial opportunities to unlock major improvements and capture value in global warehousing, he added. Warehouse operators are now able to remotely monitor the productivity levels of the warehouse workforce and track the movement of assets and material handling equipment both outdoors and outside. interior via networks already available, according to the press release. The Here Map Making platform also enables businesses to customize and maintain digital warehouse layouts (virtual representations) that will help them improve overall logistics planning and lower operational costs, he said.
(This story was not edited by Devdiscourse staff and is auto-generated from a syndicated feed.)