As consumer goods organizations digitize the value chains, a key consideration is to improve their business operations and processes leveraging IoT enabled solutions. One such area is warehouse management, where issues such as delayed deliveries, missing products due to human error, operational inefficiencies due to lack of equipment tracking etc., must be addressed. IoT solutions play an important role in delivering enhanced customer experiences by providing quicker and faster warehouse shipments.

To fulfill these consumer expectations and overcome operational challenges in warehouse management, CPG companies should consider the adoption of platform-based strategies. HCLTech’ solution for smart warehouse management offers capabilities delivered through a three-tier IoT platform logical reference architecture. Our approach is structured around the emergence of an IoT ecosystem which has given rise to an asset value chain. This comprises connected ecosystem of data, process, and people.