/home/leansigm/public_html/components/com_easyblog/services<title>IoT + Supply Chain: Scope for Vast Opportunities</title>
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	<h1>IoT + Supply Chain: Scope for Vast Opportunities</h1>
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			<span class="post-date">Jun 09</span>

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				Posted by <a href="/forum/user/895-amrita-arora">Amrita Arora</a>				in <a href="/resources/sigmaway-blog/continuous-process-improvement">Continuous  Process Improvement</a>			</span>
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	<p class="MsoNormal" style="text-align: justify;"><strong>Internet of Things</strong> has taken the world with a storm. It has delivered opportunities to almost every industry and function. <strong>Supply chain</strong> is not an exception to this. With the increasing number of online businesses, the importance of this function of management has increased multifold. Combining internet of things with this has introduced us to a vast expanse of opportunities and made the supply chain smarter.</p>
<p class="MsoNormal" style="text-align: justify;"><strong><span style="color: #76923c; mso-themecolor: accent3; mso-themeshade: 191;">Maha Muzumdar</span></strong>, in his article at <strong><span style="color: #e36c0a; mso-themecolor: accent6; mso-themeshade: 191;">Industry Week</span></strong> has shared a list of supply chain opportunities that companies can exploit by leveraging IoT technology. They are:</p>
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<li><strong>Better Predictability of Demand &amp; Inventory Visibility</strong></li>
<li><strong>Better Tracking &amp; Efficiency</strong></li>
<li><strong>Accelerated Innovation &amp; Product Support</strong></li>
<li><strong>Improved Alignment &amp; Collaboration</strong></li>
<li><strong>Sustainability &amp; Quality</strong></li>
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<p class="MsoNormal" style="text-align: justify;">He has also stressed upon the fact that supply chain executives must adapt IoT in their processes as soon as possible to gain its maximum benefits.</p>
<p class="MsoNormal" style="text-align: justify;">To know more, please visit the following link:</p>
<p class="MsoNormal" style="text-align: justify;"><a href="http://www.industryweek.com/supply-chain/internet-things-iot-opportunities-smarter-supply-chains?page=1" target="_blank">http://www.industryweek.com/supply-chain/internet-things-iot-opportunities-smarter-supply-chains?page=1</a></p></div>

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		<a href="/blog/tags/iot">
		<span itemprop="keywords">iot</span>
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		<a href="/blog/tags/internet-of-things">
		<span itemprop="keywords">internet-of-things</span>
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		<a href="/blog/tags/supply-chain">
		<span itemprop="keywords">supply chain</span>
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		<a href="/blog/tags/quality-management">
		<span itemprop="keywords">Quality Management</span>
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		<a href="/blog/tags/operations">
		<span itemprop="keywords">Operations</span>
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