The Covid-19 pandemic has highlighted the weak points of supply chains, causing disruptions in 9 out of 10 supply chains according to our report. A McKinsey research showed that automotive manufacturers have around 250 tier-one suppliers but across the full value chain this number increases to 18,000. Managing such a complex chain can seem like an impossible task.
However, digital technologies like cloud or IoT can help companies by providing real-time data and analysis of any shipment, making it easier to spot the inefficiencies along the way. Geofencing, smart labels and fleet tracking backed by Edge Computing, Narrowband-IoT and the latest network technology ensure that every item in the supply chain can be tracked and you can make almost instant business decisions to protect your products.
The data-driven supply chain
How can data help businesses to improve their supply chains and be significantly more productive? Find out.