Enterprise resource planning and supply chain management have been positively impacted by the IoT revolution. This technology is making a significant impact in factories, manufacturing processes and warehousing. It is expected that due to the success of quicker responses to consumer demand and product innovations, more companies will get on board the IoT movement. IoT has allowed companies to connect their products, processes and data to virtual devices and sensors. IoT uses real-time data to allow decision makers the ability to have full visibility of what is going on in their supply chain process. This has allowed for increase in speed of products to the market and an increase of profits due to the products getting out for sales faster.
Posted on: Wed, 08 Oct 2014 13:06:27 +0000
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