What are some real-world examples of IoT in the supply chain?

What are some real-world examples of IoT in the supply chain?

There are several fascinating examples of IoT in the supply chain. For instance, companies like Amazon use IoT sensors to track inventory levels in real-time, ensuring efficient stock management.

Can you give me another example?

Sure! Maersk, a global shipping company, utilizes IoT devices to monitor the condition of shipping containers, tracking temperature and humidity to ensure the quality of perishable goods.

How does IoT improve efficiency in supply chains?

IoT improves efficiency by providing real-time data, enabling better decision-making, reducing delays, and optimizing routes and inventory management.

What challenges do companies face when implementing IoT in their supply chains?

Some challenges include data security concerns, the need for significant investment in technology, and the complexity of integrating IoT systems with existing infrastructure.