Factors prevent supply chain organisations from reaping the benefits of technology?
Technology can trigger huge profits for organisations by simplifying experience for the customer, leading to an increased sense of brand satisfaction. Most organisations have not been able to reap full benefits because they get caught up in evaluating the cost of adoption. In the process, they overlook growth in terms of efficiency, greater customer satisfaction, increased market share and overall reduction of costs, all positive results of adopting technology.
Many firms are turning to device manufacturers to assist with Internet-ofThings (IoT) solution implementation. Firms can seek assistance from partners, particularly device manufacturers that have the technical expertise and industry knowledge to derive benefits.