The United Parcel Service (UPS) plans to launch a new IoT-enabled technology called UPS Premier in the first quarter of 2020. UPS Premier will launch as a service for health care customers to prioritize shipments such as personalized medicines, lab specimens, gene therapies, and other sensitive health care products.
UPS Premier will include newly installed sensors that are attached to priority shipments; tech within the sensors will include Bluetooth, cellular, and Wi-Fi. UPS employees can then track these packages with increased precision and create a more streamlined supply chain for health care shipments.
“We’re giving customers an exceptional amount of visibility and security for their most critical health care and life sciences shipments. With these technologies and processing plans, we will have greater flexibility to protect these urgent packages along the ‘chain of custody,’ provide contingency solutions, and ensure best-in-class service reliability.”
UPS is beginning to introduce more technology partnerships into its supply chain. Alongside UPS Premier, the company announced a few other technology-enabled services and partnerships just last month; one such partnership was another supply chain-focused solution called the UPS Digital Access Program.
By partnering with a major shipping software provider, UPS is enhancing its network and services to enable faster deliveries, enhanced visibility, and a broader range of delivery options.
Supply chain visibility is crucial
UPS seems to be staying ahead of the curve by introducing its own technology alongside maximizing the supply chain software that is in the market.
However, UPS is not the only supply chain company that is utilizing emerging technology. FedEx has its own health care-focused logistics service called SenseAware that customers can use to monitor location of shipments, as well as precise temperature, light exposure, and barometric pressure.
As more and more logistics and supply chain companies begin operating on a global scale, supply chain visibility will become even more crucial. At G2, we expect more supply chain companies to find innovative ways to leverage the technology and software in the market and streamline the supply chain.
Mike is a market research analyst focusing on CAD, PLM, and supply chain software. Since joining G2 in October 2018, Mike has grounded his work in the industrial and architectural design space by gaining market knowledge in building information modeling, computer-aided engineering and manufacturing, and product and machine design. Mike leverages his knowledge of the CAD market to accurately represent the space for buyers, build out new software categories on G2, and provide consumers with data-driven content and research. Mike is a Chicago native. In his spare time he enjoys going to improv shows, watching sports, and reading Wikipedia pages on virtually any subject.