COGNOSOS'S IOT ASSET TRACKING TAG - LOCATING INVENTORY AND ASSETS IN SECONDS - LOCATING INVENTORY AND ...

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COGNOSOS'S IOT ASSET TRACKING TAG - LOCATING INVENTORY AND ASSETS IN SECONDS - LOCATING INVENTORY AND ...
SPRING 2020
                                                                                  automotivelogistics.media

Bringing together the latest trends, innovations and developments across inbound and outbound logistics

     Cognosos’s IoT asset tracking
     tag - locating inventory and
     assets in seconds

     PLUS
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COGNOSOS'S IOT ASSET TRACKING TAG - LOCATING INVENTORY AND ASSETS IN SECONDS - LOCATING INVENTORY AND ...
Tag team
                                                                                                   Sponsored by

                                                                                                    With breakthrough technology from
                                                                                                    Cognosos, Finished Vehicle Logistics
                                                                                                    teams can transform operations
                                                                                                    through access to real-time vehicle
                                                                                                    location data and analytics.

  Locating inventory and assets in real time can be a challenge                                    alerts when vehicles enter, exit or are
                                                                                                   present in designated zones (geofenced
  for the finished vehicle logistics industry, but US company                                      areas). “We aggregate movement over
  Cognosos says its IoT asset tracking tag finds them in seconds                                   time, so we can also provide analytics
                                                                                                   around workflow, including dwell-time aging
                                                                                                   of vehicles across the facility,” adds Robb.

V
            ehicle Processing Centres (VPCs)     rates.”                                              The Cognosos tracking device allows the
            and finished vehicle logistics          Customers, Robb continues, are                 vehicles to self-report geolocation data and
            companies rely on their ability      benchmarking vendor performance on                eliminate the error-prone human element.
            to handle thousands of vehicles      processes. “Without metrics and alerts,           “This ensures vehicles are staged and
every week – and doing so efficiently.           poor employee productivity and inefficient        shipped, complete and on time, with the
Locating these volumes of inventory across       processes drag down business performance          ability to trigger alerts when unexpected
multiple, massive lots is necessary for          – it’s opening the doors to error.”               vehicle movements occur.
processes including accessory installation,                                                           This, says Robb, provides customers,
quality auditing, battery charging,              On the right track                                hauliers and other stakeholders with
investigating any suspected manufacturing        In 2016, recognising the need for real-time       visibility on vehicle location. “With IoT-
problem and retrieval for shipment.              results, Cognosos developed a small, smart,       based tracking, you can find 100% of
   However, Steve Robb, CEO of software          hardware tag to be placed in the vehicle,         your vehicles, 100% of the time with GPS
provider Cognosos, believes that the             which has the ability to take GPS location        accuracy, eliminating the need for manual
finished vehicle industry is still struggling    readings every time the vehicle is moved,         location scanning.”
to locate inventory and assets. “Finished        triggered by the tag’s accelerometer.                Cognosos’ initial target market has
vehicle inventory location and tracking are      The tags incorporate an innovative                been the automotive industry, including
age-old problems, and the technologies to        wireless protocol that enables long-range         OEMs and their logistics providers, vehicle
solve them, such as bar codes and RFID,          communication of up to two miles with             auctions and dealerships. “Generally, we're
have fallen short. Until the recent maturation   the company’s gateways. As a result, the          working with companies that have large
of IoT technologies, there simply hasn’t         system requires minimal infrastructure that       inventories of vehicles,” says Robb.
been a cost-effective alternative.”              can be deployed quickly and inexpensively.        Helping Hyundai and Kia
   According to Robb, manual barcode                “Every time a vehicle moves, even it’s         The first OEM to use Cognosos’ technology
scanning of inventory locations results in       from one row to another, the tag will take        18 months ago was Hyundai Glovis at the
missed scans, inaccurate locations and bad       GPS readings and then communicate them            2,200-acre Kia plant in West Point, Georgia,
or lost data. Moreover, the cost of these        over our proprietary wireless network to          US, which operates the Vehicle Processing
labour- intensive solutions is too high, he      one of our gateways,” explains Robb.              Centre (VPC) that receives more than 1,000
says: “Extensive deployments of scanners,           Once the gateway receives location             new cars coming in every day, creating a
readers, and access points result in high        information from the tag, it sends this           tremendous tracking challenge to locate
costs of installation, maintenance and           data to Cognosos’ application platform in         specific units when they are scheduled for
replacement”.                                    Amazon Web Services, from where the               processing..
   “Inaccurate location data leaves              real-time location can be provided in a web          “Being able to find a specific vehicle
employees searching,” Robb continues.            browser, on a laptop or on an application on      in a timely manner is a challenge,” says
“Solutions like RFID and manual scanning         the iOS (Apple) or Android smartphones.           the plant’s VPC general manager, Robert
don’t provide real-time, accurate location       The platform also provides more advanced          Carmichael. “To get those cars through our
data. The vehicle is out there, but where        analytics and application features to assist in   plant processes normally involves having
exactly? In practice, a GPS-enabled hand         streamlining operations.                          to move them, on average as many as ten
scanner may not acquire position properly           Cognosos offers IoT-enabled tracking           different times.”
with multiple cars scanned into the exact        tags to improve visibility on finished vehicle       Tracking vehicle movement at the VPC is
same location.”                                  movements                                         the responsibility of Hyundai Glovis, which
   “Vehicle process and logistics operations        “You have a map with a dot where the           depended on manual scans carried out by
are further burdened by the rapidly rising       vehicle is located and a directional indicator    employees using personal digital assistants
cost of labour, spurred on by lower              on how to reach it,” explains Robb.               (PDAs) since the beginning of operations
unemployment and rising minimum wage                The tag also enables users to generate         in 2009.
COGNOSOS'S IOT ASSET TRACKING TAG - LOCATING INVENTORY AND ASSETS IN SECONDS - LOCATING INVENTORY AND ...
Cognosos offers
                           IoT-enabled
                           tracking tags to
                           improve visibility
                           on finished vehicle
                           movements

   “Manually scanning vehicles to                 vehicle’s power source and gives real-time       24 hours per day, 365 days a year” – Robert
record their location in the yard had             visibility every time a vehicle moves,” states   Carmichael, VPC general manager, Glovis
the highest turnover of any position,”            Carmichael.                                      America
reveals Carmichael. “It was probably the
most physically demanding job we had.”            Real-time results                                   Another advantage is the tag’s open,
According to Carmichael, personnel using          Since starting to use the Cognosos tag,          intuitive platform, including cloud-based
manual scanners can often walk 10-12 miles        Carmichael reveals that at least nine fewer      applications that are easily integrated with
(16-19km) per day, often in extreme weather       personnel are needed to scan the yard full       companies’ business systems. With a range
conditions.                                       time. Reports from the processor’s Process       of 1.5 miles, Robb says there is no need
   Moreover, this method made it difficult        Improvement Group in California also show        to install a lot of infrastructure. At Hyundai
to hold accurate data. “The location is only      that significant improvements have been          there are three gateways, which have been
as good as the last time it was visited by        made in the VPC’s cycle times (the time it       installed with antennas that cover all the
a scanner: as soon as it moves, it’s ‘lost,’”     takes to retrieve a vehicle from its storage     lots and assembly plant.
states Carmichael, who revealed that more         location and get it to the point needed for         Carmichael appreciates this integration
than 20 cars a day were designated as             processing.)                                     capability, which has allowed the
‘missing’.                                           “There is a measurable improvement in         technology to be incorporated into the
   Some of the vehicle tracking alternatives      efficiency because I’m receiving real-time       plant’s existing software. “I have my own
the vehicle processor looked at included          location updates for 100% of my inventory,       vehicle management system, that we have
cellular-based solutions, which Carmichael        24 hours per day, 365 days a year,” states       used since the beginning and our users are
says were “prohibitively expensive”, as well      Carmichael.                                      very familiar with how it works,” he reveals.
as other options requiring attachments to            Cognosos’ Robb states that both                  “A big part of that is being able to know
the vehicles that were inefficient and costly     personnel and the company benefit                which location the vehicle is in. It was very
to manage.                                        from the tracking tags. “It’s the perfect        easy for my IT group to integrate the data
   “Some required an extensive                    opportunity to apply technology to automate      that we were getting from the Cognosos
infrastructure of wireless access points and      a mundane task and let employees focus           platform in the form of the latitude and
other devices. There was always something         on more valuable work. Not only are costs        longitude GPS coordinates and to convert
which didn’t work for us,” explains               reduced, revenue is accelerated as vehicles      those into my known location at the facility.
Carmichael.                                       are shipped to dealers more quickly.”            It was much easier than we thought it
   "Every time a vehicle moves, even it’s            According to Cognosos, the assembly           would be.”
from one row to another, the tag will take        plant also benefits from the solution.              Looking ahead, Cognosos wants to
GPS readings and then communicate them            “Should there be a suspected issue               expand internationally and add value around
over our proprietary wireless network to          with a manufacturing process or vehicle          location data, with services including
one of our gateways” - Steve Robb, CEO,           component, all affected vehicles must            advanced analytics which provide insights
Cognosos                                          be located and checked in storage lots.          into vehicle workflow and yard processes.
   Due to the long-range wireless capability      With the ability to quickly locate groups of     Given its versatility, the system has also
of the Cognosos system, the vehicle               specific vehicles, the timeframe to process      been adapted to tracking other forms
processor installed just three gateways and       and close out these plant quality sorts have     of assets, such as trailers in distribution
associated antennas in order to cover the         been reduced from weeks down to a matter         centres, lot equipment such as battery
entire facility, including both plant areas and   of days,” says Robb.                             chargers, and returnable transport
storage lots.                                        With 90,000 tags currently deployed at        packaging used in supply chains.
   By using the Cognosos tag, employees           customer sites across the US, Cognosos’             Robb concludes: “Businesses of all sizes
use a smartphone application to search for        technology is delivered as a service with an     should be able to use ubiquitous, low-cost
vehicles. A wide range of attributes can be       all-inclusive monthly subscription price that    wireless technology to harness the power
searched for, including VIN number, model         includes implementation, training, updates       of the IoT and we believe, going forward,
and manufacturing date. The result is a map       and enhancements, ongoing support and            there’s even more we can do to help
displaying the exact location in the yard.        system monitoring.                               customers tighten up their supply chain
   “It is the most cost-effective solution           “There is a measurable improvement in         processes.”
with very little additional infrastructure        efficiency because I’m receiving real-time
requirement, completely independent of the        location updates for 100% of my inventory,
COGNOSOS'S IOT ASSET TRACKING TAG - LOCATING INVENTORY AND ASSETS IN SECONDS - LOCATING INVENTORY AND ...
Visibility Unlocks Your Full Potential

True, real-time inventory tracking can transform your supply chain operations, providing the data-driven
insights needed for decisions that unleash value. We combine our patented RadioCloud wireless network
with a functionally rich application platform, delivering a complete tracking solution that generates value for
your business faster than anyone else in the industry. Contact us today and we’ll demonstrate it at your site
tomorrow.

    •   Easiest to Deploy.
    •   Easiest to Use.
    •   Easiest to Own.                          Learn more at www.cognosos.com

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COGNOSOS'S IOT ASSET TRACKING TAG - LOCATING INVENTORY AND ASSETS IN SECONDS - LOCATING INVENTORY AND ...
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