Image for IoT in Supply Chain Management

IoT in Supply Chain Management

The Internet of Things (IoT) in supply chain management involves using connected devices, like sensors and RFID tags, to monitor and track products, equipment, and inventory in real-time. This technology allows companies to gather precise data on conditions, location, and movement throughout the supply chain. As a result, businesses can improve efficiency, reduce delays, prevent theft, and respond more quickly to issues. Overall, IoT helps make supply chains more transparent, agile, and reliable by providing complete, real-time visibility across all stages of product delivery.