An optimized supply chain is which get your clients, what they want, where they want, and when they want, and to derive this path, one needs to optimize the entire supply chain. Being a revolution in supply chain industry Internet of Things (IoT) is going to change the general perception about supply chain management as IoT technologies are playing key integrated role in supply chain management by enhancing transit visibility, by providing location, identity, route management, and other tracking information by the means of GPS, and RFIDs. It also helps in tracking asset losses, fuel management; by keeping track of traffic and thus optimizing fleet routes, warehouse stock management, and such others.
Browse through the TOC of Supply Chain Management Market for an analysis of industry trends, segments & forecasts.
To create a strong and efficient supply chain many industries are coming forward and ready to join hands with strategic partner, which will not only strengthen their supply chain but, will also assist them in building trustable customers. Further, IoT, is backing up the supply chain network by providing real time management and tracking of freights. In April 2015, DHL and Cisco published a paper indicating the Internet of Things will deliver $1.9 Trillion Boost to Supply Chain & Logistics Operations. The Trend Report estimates that there will be 50 billion devices connected to the Internet by 2020 compared to 15 billion today. The areas benefiting the most will be in warehousing, and freight transportation. Supply Chain Management industry is ready to go to the next level of efficiency through connected logistics, connected transportation and connected customers. Not only it is increasing the level of supply chain management, but at the same time, it is addressing various challenges of supply chain such as security of product against various malware, hacking, and such others. Further, it also provides safety to the connected devices in fleets, in response to work them efficiently.
Micromarketmonitor considers the significance of supply chain and are coming up with the report on Supply Chain Management, which will discuss relevance of the market, size of the market, latest trends and technologies in the market, factors driving the growth of the market, market’s restraints, market opportunities, leading players in the market, and their strategic moves in the market and such others.
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