Internet of Things Will Deliver $1.9 Trillion Boost to Supply Chain & Logistics Operations
Today DHL and Cisco published a paper (linked here) indicating the Internet of Things will deliver $1.9 Trillion Boost to Supply Chain & Logistics Operations. The Trend Report estimates that there will be 50 billion devices connected to the Internet by 2020 compared to 15 billion today. The areas benefiting the most will be in warehousing, and freight transportation.
PINC’s pervasive IoT sensor network is already tracking millions of freight shipments every year, providing real-time asset locations that our Advanced YMS and Supply Chain Execution solutions turn into meaningful information.
The paper discusses how the real value of IoT is just beginning to boost Supply Chain operations and the outlook is that it will make a very dramatic impact on the efficiency of tomorrow’s supply chains. Visit www.pincsolutions.com to learn more about our IoT platform.