How Real-Time Tracking is Revolutionizing Loss Prevention
Issues like port congestion and unprecedented increases in demand for shipping services have led to rises in both cargo theft and cargo damage. In today's disrupted supply chain, loss prevention has never been more important for retailers and shippers seeking to minimize these costly exceptions.
Even when the technology to track the location of any shipment is readily available, lost cargo remains a crucial problem, as many retailers have still not implemented the solutions needed to track the real-time location of their freight. Without real-time tracking solutions, it's all too easy for cargo to become temporarily or permanently lost.
This guide covers key insights that retail companies and shippers need to know about preventing loss with real-time visibility, including:
- The challenges of loss prevention that arise from a lack of visibility
- How real-time shipment location and condition tracking mitigates the impact of freight loss and damage
- How to implement real-time visibility technology and compare available solutions
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