How the Internet of Things is Revolutionizing Supply-chain Management
IoT technologies are proving revolutionary in their ability to provide inexpensive solutions to some of supply-chain management's most costly and complex problems. More sophisticated and affordable asset tracking, state monitoring, and data collection have granted unprecedented oversight and control oversupply chains of all sizes. Recently, the experts have begun to take notice—in 2015 DHL and Cisco estimated that IoT technologies would have a $1.9-trillion-dollar impact on the logistics and supply-chain industries. This paper explains how IoT solutions stand to make such a monumental impact across the entire supply chain.