Impact will Internet of Things (IOT) have on future supply chains?
With IoT, the supply chain world will witness a revolution. All devices will be interconnected which will can help monitor the goods not just in terms of their security, but also their existing condition. IoT solutions will help these companies to better manage their resources allocated to logistics–in terms of number of warehouses used to house assets, delivery trucks to deliver them to retail outlets and reducing the amount of labour dedicated to non-value added jobs like manual stock taking. Better visibility of the supply chain means that manufacturers can save time and money and can plan more effectively for the future.