What are the key differences between IoT and traditional supply chains?
The key differences include real-time data access, automation, and improved efficiency in IoT supply chains.
How does IoT improve efficiency in supply chains?
IoT devices provide real-time tracking and monitoring, reducing delays and optimizing inventory management.
Are there any challenges with implementing IoT in supply chains?
Yes, challenges include data security, integration with existing systems, and the need for skilled personnel.
Can you give examples of companies successfully using IoT in their supply chains?
Sure! Companies like Amazon and Walmart use IoT for inventory management and logistics optimization.
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