Around half of all last-mile related costs are expended in the last few hundred feet because of challenges in finding the exact delivery location and, worse, deliveries fail altogether because the person making the delivery cannot find the exact right location.
For many manufacturers, the siloed systems and processes that make up sales and revenue management cause significant revenue loss. But, integrating both processes on a common platform creates a single source of truth centered around your customer data.
Supply chain visibility is often thought of as tracking the physical location of goods and assets. But the process of getting products to customers is ultimately a digital one — from negotiations, purchase orders, and acknowledgments to shipping confirmations and receiving payment.
The latest news, analysis, trends and solutions for big data, blockchain and the internet of things (IoT) and their impact on supply chain management. Big data describes the large volume of data that inundates a business on a day-to-day basis and can be analyzed for strategic business insights. IoT is the means that collects and sends data from a range of “things” — anything from watches to fridges to cars — that are connected to the internet with sensors or computer chips. Learn how companies around the world are using big data, blockchain and IoT for supply chain optimization and competitive advantage.
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