Supply chain integrity is an extremely important factor for any business operating in today’s fast-paced economic landscape. Many organizations are involved in transporting huge quantities of high-value, temperature-sensitive, and fragile goods across vast distances. If these shipments are not properly monitored, unnoticed impact during transit can result in compromised product quality, financial losses, and damage to reputation.
If your business regularly transports any sensitive or fragile items, impact monitoring can help improve accountability and prevent losses. Luckily, there are certain signs that indicate when you should consider integrating impact monitoring into your supply chain. Discussed below are some of these key points.
Increase in Damaged or Returned Product: If your business suddenly experiences an increase in customer complaints, returns, or damaged goods, it is likely that your shipments are going through excessive impacts. Apart from financial losses, damaged products also affect customer experience and brand loyalty.
Impact monitoring solutions can effectively identify the areas where damage takes place during transit. Therefore, it is possible to implement corrective actions such as providing training to handlers, changing goods carriers, and improving packaging.
Fragile and Expensive Shipments: Industries dealing with delicate or high-value goods such as electronics, medical devices, pharmaceuticals, or aerospace components can’t afford the severe consequences of impact damage. Unlike other goods, these materials often come with precision components that are extremely sensitive to vibrations and shocks.
It is possible to track and record impacts throughout the process of transportation by integrating impact monitoring solutions. Therefore, if there is an incident, immediate action can be taken.
Too Many Shipping Disputes: If your business is experiencing frequent disputes with carriers, you need to find out the truth in an unbiased manner. When a shipment is damaged, businesses often struggle with accountability, which causes financial losses and lengthy negotiations.
With impact indicators, businesses can easily find out when and where the damage occurred and provide concrete evidence of the same. As a result, shipping partners following improper handling practices can be held accountable.
Regulatory Compliance: Certain industries such as food logistics, medical equipment, and pharmaceuticals have stringent regulatory requirements related to storage and transportation. Impact monitoring helps meet these regulatory standards by keeping the products within safe handling thresholds.
Complex Supply Chains: There can be multiple touchpoints in modern-day supply chains, including third-party logistics providers, multiple carriers, distribution centres, and warehouses. The probability of impact damage is significantly higher for these complex supply chains.
Data provided by impact indicators can help businesses pinpoint areas of concern, optimize logistics, improve packaging, and make informed decisions related to selection of carriers.
Customer Loyalty and Brand Reputation: In order to build reputation, a business must focus on delivering top-class products in immaculate condition. By regularly monitoring impact, they find it easier to maintain integrity and quality of their products. This demonstrates the commitment of a business to customer satisfaction and excellence.
High Insurance Claims: Businesses filing frequent insurance claims because of damaged goods should seriously consider impact monitoring. Insurance claims can be strengthened by the verifiable data provided by impact indicators, which will expedite the process of reimbursement.
If any of these signs are visible in your supply chain, it is probably time for you to implement impact monitoring solutions from ShockWatch. Our products are designed to prevent product mishandling throughout the supply chain.
