You might have heard about IoT before and how it will transform every major industry – from retail to connected vehicles. However, one of the key areas where IoT is set to make a strong impact is supply chain. In this article, we are going to discuss the applications of IoT in supply chain management. First, of what is supply chain management. Supply chain management is the management of the flow of goods and services. As we all know, IoT is one of the fastest-growing fields in the world.
Effectiveness comes down to producing desired results. The most successful entrepreneurs have mastered being effective because it makes them work smarter, eliminating unnecessary effort and wasted time. Success cannot happen with any consistency when approached in a lazy, haphazard, hit-or-miss fashion.