Time tracking is a necessary part of logistics operations. It helps to keep track of time spent on various tasks and estimate the cost associated with each task. Tracking time manually can be tedious and time-consuming. This makes it difficult for companies to accurately assess their costs, which may lead to revenue or profit margin loss. Luckily, some amazing tools available today make it easy for businesses to track their workers’ time while they work.

Importance of Time Tracking in Logistics

One of the most important aspects of a logistics business is to track time and record it accurately. In 2020, 14% of companies increased their spending on time-tracking tools. Time tracking is critical for a successful operation. To get the most out of your investment, you need to know that your employees are providing the best service possible without wasting any time on anything unnecessary.

By tracking your time, you can identify where things can be improved, pinpoint areas where more resources are required and make informed decisions about important projects. Effective time management ensures profitability, customer satisfaction, and the prevention of delays.

Suppose a customer has ordered an item, and he needs to know when it will be delivered. If you have time-tracking data from previous deliveries, you can use it to give an estimated arrival time to the customer. Moreover, real-time tracking can also enable you to provide information about delays to the customer. These can enhance customer satisfaction and allow clear communication to ensure the consumer is happy with the services.

Time-Tracking Accessories and Tools for Logistics

Now that the importance of time tracking is established, here’s how you can use different accessories and tools to track time in Logistics in different ways.

Rubber Stamps for Manual Tracking

If you’re a small business, likely, you don’t have the resources to invest in an automated time tracking system. In this case, using a manual system is one of the best ways to track your shipments. The most basic way to do this is with a rubber stamp. Whenever you send or receive any load, you can use a rubber stamp to note the time and get the signature of the delivery guy or receiver.

You can find a stamp in a stationery store if you want to buy one. However, if you can’t locate a physical store or want to buy it from the comfort of your home, you can rely on online retailers. You can find them at any office supply store or visit here to head to a retailer where you can buy them.

Two models of rotary time and date stamps are available, one for the twelve-hour and another for the twenty-four-hour format. When changing the settings, turn the bands to the desired date, rotate the base to the time, and then press down on the top of the base to make a stamp impression. These stamps are highly customizable to suit a particular business need. For example, they can be customized with your company logo, name, or address.

IoT Sensors for Real-Time Tracking

The Internet of Things is often considered a complex technology, but it is simply the link between the physical and digital worlds. This network leads to interconnectedness among different objects. These objects can then share data through the IoT network, which can help people make smart decisions.

In fact, IoT is the underlying technology fostering smart cities. Shanghai was declared the world’s top smart city based on how effectively they gather and use data from these IoT sensors.

The IoT sensors are used for real-time tracking of goods. By doing this, the time taken for a shipment can be reduced to a great extent. Goods will be tracked in real-time by using IoT sensors, which helps prevent delays or any other shipment-related issues. It is an easy process and can be done without much effort or cost.

GPS Tracking Tools

GPS tracking tools are a must. They can help you determine where your driver is and how long they’ve been there, which gives you a better idea of their work ethic. This also lets you know when they’re near the location they need to be, making it easier for your employees or customers to find them if needed.

GPS tracking devices are small, portable devices that allow you to track someone or something remotely through GPS technology (Global Positioning System). GPS-enabled receivers are typically accurate to within 16 feet under open sky conditions. These devices are incredibly useful for keeping track of employees and vehicles and ensuring that freight deliveries get where they need to go on time.

GPS tracking software refers to any computer program that uses data from one or more satellite-based navigation systems, together with other information such as maps and road networks which may be stored in databases on central servers accessible over the internet.

Blockchain for Back Tracing

Blockchain is a public ledger that allows anyone to see where a package has been and when at any time.

This technology allows you to record information about your shipments and monitor them throughout their journey. Blockchain technology can help companies verify the sources of their products and track supply chain movement, thereby minimizing fraud and contamination issues.

When it comes to logistics, you can use this back tracing technique to determine the cause of delay in a consignment. Suppose there’s a delay in shipment. Everyone included in the supply chain will keep blaming each other. If the supply chain is vast and complicated, you can never tell who is genuine and where the problem occurred.

Blockchain technology can allow you to record time in a decentralized ledger using smart contracts. This means that whenever the parcel is delivered to someone, the smart contract will automatically note the timing and create a proof of delivery. You can trace these details to determine where the delivery was late and make the necessary decisions.

Conclusion

According to Statista, U.S. businesses spent $1.56 trillion on logistics costs in 2020. That’s a lot of money; it could go even further if companies weren’t trying to do everything manually! In this era where automation is becoming more and more prevalent, especially when it comes to mundane tasks that can be delegated to machines—so why not take advantage of this?

Many tools and accessories are available on the market for time tracking in logistics. You can choose any one that suits your business needs, but remember that some of these tools have multiple uses and will help simplify various processes simultaneously.