Just over a year ago, a Cisco survey found that the number one interest among more than three-fourths of supply chain management professionals was improving visibility. In an industry that still sometimes relies on technology from the 1980s, it is easy to understand why this tops the list – visibility unlocks the insights needed to improve efficiencies, velocity, and business results. We have found one of the best ways the supply chain management industry can achieve this real time visibility is through the Internet of Things (IoT). How can you take the right steps to ensure a successful IoT deployment and do more, better and faster?
The first – and most important – step those in the supply chain management industry should implement is to extend connectivity to new things and devices. It is impossible to achieve increased visibility without new connections, and previously it was often tough to do this across different companies, suppliers and modes of transport. However, by beginning with connection points that help to achieve real-time location visibility in the warehouse, factory and supply chain, we see businesses are typically able to quickly grow and extend visibility to a more detailed level, now even extending to pallets and boxes.
With connections across devices and silos increasing, businesses are able to achieve a new level of data insights.