How will it transform supply chains?
The Internet of Things (IoT) is a term coined by Kevin Ashton to describe hyper-connectivity between physical devices (things) via the internet.
This article looks at how the IoT will transform all links in the supply chain, from transport and warehousing, to manufacturing and retail. It highlights the new opportunities it will bring, including better service feedback and increased cooperation.
According to the Economist Intelligence Unit (EIU), 96% of organisations expect to be using the IoT within the next three years. If your company is among them, this CIR Special Report is a good place to start.