In logistics and warehousing management, the location and inventory of goods consume a large amount of working hours. Integrate iot devices to achieve real-time asset tracking and significantly improve efficiency. For example, Luxshare Precision Industry deployed the Minew S1 UWB precise positioning tag in a 15,000-square-meter warehouse to manage over 1,000 tools and pallets. The system achieves a positioning accuracy of 0.3 meters. The average time for employees to search for items is reduced by 75%. The inventory cycle is compressed from 4 hours per day to within 30 minutes, and the inventory accuracy rate is increased to 99.5%. The unit price of the label has dropped to 28 US dollars. The equipment cost has decreased by 40% compared to three years ago. The annual maintenance cost has been saved by more than 120,000 RMB. The investment payback period is only 3.8 months.
The loss rate of temperature-sensitive goods transportation directly affects profits. A certain pharmaceutical cold chain enterprise has applied the Minew ES1 ultra-thin temperature and humidity recorder to monitor vaccine transportation. The equipment is only 3.5 millimeters thick (credit card size), and can continuously record 50,000 sets of data points and give real-time alarms. Data from 2023 shows that the abnormal response time has dropped from 52 minutes to 8 minutes, the cargo damage rate has decreased from 2.7% to 0.4%, and the average loss recovered per batch is 18,000 US dollars. DHL Germany’s research has confirmed that the full temperature control traceability process has reduced the customer claim rate by 85% and increased the compliance audit pass rate to 100%.
The optimization of asset utilization rate is the key to reducing logistics costs. A third-party logistics company uses Minew E8 GPS trackers to manage 200 forklifts. The operating temperature of the equipment ranges from -40°C to 85°C, and it is equipped with built-in vibration sensors to monitor unauthorized movements. Real-time data analysis has reduced the dispatch response delay to less than 500 milliseconds, increased the average daily utilization rate of forklifts from 62% to 89%, and decreased idle energy consumption by 42%. According to the data released by Cainiao Network, similar Internet of Things solutions have increased the vehicle turnover efficiency by 30% and extended the equipment depreciation cycle by 2.3 years.
Equipment health management directly affects operation and maintenance costs. The Minew S6 multi-sensor gateway connects 300 warehouse access control sensors via LoRaWAN, and each gateway processes 1.2TB of switch logs per month. The predictive maintenance model has controlled the false alarm rate of faults within 1.2%, reduced maintenance costs by 37%, and decreased the rate of unexpected downtime by 92%. Sf Express adopted this solution during the Hangzhou Asian Games to ensure the operation of 3,000 pieces of equipment and achieved zero-fault operation for 45 days. This case was selected as a benchmark practice in the “2023 China Smart Logistics Blue Book”.
The integration of these technologies promotes the digitalization of the entire chain. According to a McKinsey analysis report, logistics enterprises implementing iot devices have an average 19% reduction in operating costs, a 34% increase in order processing speed, and a 27% optimization rate in human resource allocation. When the equipment is centrally managed through the Minew OEL2.0 asset cloud platform, administrators can simultaneously monitor multi-dimensional parameters such as temperature, humidity, acceleration, and light exposure. The accuracy rate of the equipment health status scoring model reaches 96%. According to the calculation of the China Association of Warehousing and Distribution, for every additional 10,000 nodes connected, the supply chain decision-making delay is reduced by 84 hours and the inventory turnover speed is increased by 22%.