Circular supply chain using traceable containers with IoT and reverse logistics asset tracker delivered by electric vehicles

Abstract

This invention relates to a circular supply chain system utilizing IoT-enabled traceable containers and an integrated reverse logistics asset tracking system, specifically designed for delivery and recovery operations conducted by electric vehicles (EVs). The system aims to optimize resource utilization, reduce waste, and enhance sustainability by ensuring real-time monitoring, efficient transportation, and return of containers within the supply chain. At the core of this invention are IoT-enabled smart containers, equipped with sensors to track and monitor key metrics such as location, condition, temperature, and handling parameters throughout their transit lifecycle. These containers are linked to an asset tracker mobile application that allows stakeholders across the supply chain to have real-time visibility and predictive management of the containers. In the reverse logistics framework, used or empty containers are returned to distribution points or the origin for reuse or recycling, facilitated by electric vehicles. This closed-loop process minimizes the need for single-use packaging, reducing both material waste and carbon emissions. The integration of electric vehicles (EVs) in the logistics operations further supports net-zero emission goals by eliminating the need for traditional fuel-powered transportation. The asset tracker mobile application provides end-to-end management of the containers and the EV fleet, incorporating blockchain technology to ensure the transparency and immutability of the data related to the container's journey. By leveraging real-time data, the system provides analytics for efficient scheduling, route optimization, and preventive maintenance of both the containers and the electric vehicles. This invention significantly enhances the efficiency and sustainability of the supply chain by enabling closed-loop logistics, ensuring traceability, reducing environmental impact, and fostering eco-friendly practices in transport and reverse logistics. The combination of IoT, traceable containers, electric vehicles, and reverse logistics offers an innovative solution for industries aiming to minimize waste, lower carbon emissions, and improve overall supply chain sustainability.

Images