Concept: California-based company Synkrato has launched a cloud logistics platform at MODEX 2022 to bridge the gap between physical and digital logistics work. It integrates the metaverse, AR, AI, mobility, and IoT in one holistic platform to help supply-chain professionals manage logistics.
Nature of Disruption: Digital twin, mobile app builder, adaptive slotting, IoT, and digital labeling are the five fundamental components of Synkrato. The AR-driven warehouse can be used to build digital twins, VR versions of real-world facilities. Users can utilize a digital twin to create a 3D digital twin of their facility using inventory and operational data, and then apply adaptive slotting to optimize warehouse space and resource allocation. The platform’s no-code mobile app builder enables businesses of any size to easily create iOS and Android apps. Companies using ERP (enterprise resource planning) can create a mobile form, fill it out, and send it to their ERP system, and also firms without ERP systems can access Synkrato’s inventory management system. Synkrato’s IoT component connects all IoT devices in real-time, allowing businesses to track basic information such as product locations as well as particular data such as temperature, which is critical for items such as produce and medications throughout storage and transportation. Its digital labeling management component guarantees that everyone in the supply chain has access to up-to-date, accurate label templates at all times.
Outlook: Synkrato aims to make logistics more reliable, flexible, and scalable. It can assist users in creating a digital twin of their warehouses so that they can run what-if scenarios for shifting supply and demand patterns. Alternatively, businesses can leverage adaptive warehouse slotting functionality to improve picking and put-away operations. Synkrato discards disparate solutions requirements with a single platform that delivers a comprehensive view of logistical processes. The platform digitizes the supply chain label lifecycle and ensures that label templates are always up to date and accurate. It also helps boost efficiency by optimizing space and directing material flow.