Internet of Things impacts Supply chains…..How???

 

Internet of things……where the Web and the physical world will meet 

   Most of peoplet think of electronics or wearables – the types of technologies that are driving adoption of a highly personalized “smart” consumer lifestyle,when someone says about the Internet if Things(IoT). But there’s much more to the IoT story, and more specifically, its impact on the supply chain.

Here you have a short video :

IoT revolution will permit us to connect those solutions by intelligently enchacing people, processes, data, and things via devices and sensors.

This intelligence can become a true in many different ways when it comes to supply chain data and intelligence – from automation of the manufacturing process to improved visibility within the warehouse.

In today’s IT industry, companies are staying competitive by adopting new technologies, streamlining business processes and innovating new services to increase productivity and save costs. In the logistics and supply chain, the traditional supply of goods is based on established agreements between manufacturers and suppliers.

Orders are made in advance and tracking is done by various stakeholders in the supply chain, i.e., assembly lines, manufacturers and logistics managers. With the use of smart technologies such as active RFID (executable codes in tag), it is possible to envision that goods may be transported without human intervention from manufacturers to suppliers.

Warehouses will become completely automatic with goods moving in and out; forwarding of the goods will be made, using intelligent decisions based on information received via readers and positioning systems to optimise transiting routes.

Suppliers will have the flexibility to purchase parts from various manufacturers (possibly from competing manufacturers) and buy them in a sequence of individual orders. Such automation creates a dynamic production and transportation network and provides better asset management to improve the overall efficiency in the supply chain.

If you want to know more here you have some interesting videos :

and a short one but pretty interesting one ….

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