Supply Chain World Volume 10, Issue 3 Volume 10, Issue 3 | Page 22

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Future-proofing

SOLUTIONS

How IoT and WiFi automation are integral to the future of supply chains .
By Roger Sands

Supply chain management is one of the most critical tasks for any organization in the supply chain network . Companies must manage products , manufacturers , suppliers , and customers with efficiency and speed , delivering the products that people want or need , when they want or need them . There is very little margin for error , and only so much that customers are willing to forgive . Organizations that turn to IoT technology and AI-powered WiFi automation to achieve success are positioning themselves to be resilient , effective , and ahead of their competition for the long run .

IoT benefits for supply chains
Hundreds of IoT sensors exist in today ’ s market . These technologies make it possible for even the largest , most complex supply chain to become one connected network . Sensors collect and transmit data in real-time , providing organizations with the insights they need to optimize supply chains and make critical business decisions . Together , IoT sensors and AI can identify inefficiencies , predict market trends , and streamline logistics and inventory management . This helps reduce operating costs and improve customer experience ( CX ).
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