IoT is helping retailers drastically transform supply chain and operations
The internet of things (IoT) has opened up tremendous possibilities in retail, especially with regard to supply chain management. Retailers’ current focus is on leveraging the IoT to improve the tracking and sensing capabilities of their supply chains, thereby increasing the value potential across areas such as forecasting, sourcing, replenishment, order management, and fulfillment.
While implementing IoT platforms, retailers need to have a clear understanding of the company's strategic objectives and what changes will they need to bring about in processes and general business practices. Find out how IoT can be leveraged to reimagine every process in the retail supply chain, adding value to business and changing the lives of retailers and consumers alike.