Executive Briefings

Internet of Things 'Feeds' Predictive Supply Chain

An influx of sensors relating to Internet of Things technology is generating a growing volume of data to feed the predictive supply chain, and informs not only operational decisions, but also helps analyze the behavioral patterns of workers.

Internet of Things 'Feeds' Predictive Supply Chain

Just like the in-store environment, shipper departments now can access a wide array of sensors, applications and data that provides real-time updates on where an item is, as well as the condition of the product - temperature and humidity as it relates to perishables, for example. But it's still people driving the trucks, and their patterns can also be understood, said Andy Souders, senior vice president of products and strategy for Savi.

"The rise of the Internet of Things, advancements in sensor technology and new analytic capabilities have created an opportunity for (companies) to better manage global supply chains through actionable intelligence," Souders said. "We are seeing continued growth in the volume of sensor data which will lead companies to look for new ways to manage it—to use sensor data as their eyes and ears to give the COO insight into employees’ assets and how customers are being served."

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Just like the in-store environment, shipper departments now can access a wide array of sensors, applications and data that provides real-time updates on where an item is, as well as the condition of the product - temperature and humidity as it relates to perishables, for example. But it's still people driving the trucks, and their patterns can also be understood, said Andy Souders, senior vice president of products and strategy for Savi.

"The rise of the Internet of Things, advancements in sensor technology and new analytic capabilities have created an opportunity for (companies) to better manage global supply chains through actionable intelligence," Souders said. "We are seeing continued growth in the volume of sensor data which will lead companies to look for new ways to manage it—to use sensor data as their eyes and ears to give the COO insight into employees’ assets and how customers are being served."

Read Full Article

Internet of Things 'Feeds' Predictive Supply Chain