July 3, 2020

In this blog we look at the Internet of Things (IoT) and its profound impact on supply chain management. While the IoT may not attract much attention from the average person, it is a revolutionary tool for those involved in supply chains. The IoT is something of a little observer on your product’s journey, allowing businesses to monitor warehouse conditions, track delivery progress and locate goods efficiently. There are an estimated 31 billion IoT devices (expected to be 75 billion by 2025). These devices provide real-time insights that can transform the way companies manage their supply chains.