The Internet of Things, (IoT) can bring more complexity to the supply chain, but it can also bring greater visibility affecting the supply chain's operations in a positive way. The IoT will bring supply chains a $1.9 trillion boost.
Pascal Fernandez, vice president at Avnet, one of the world's largest global distributors of electronic components, computer products, and embedded technology, spoke at the High-Technology and Electronics Supply Chain Summit in Amsterdam in May about challenges and solutions in the Supply Chain of Things (SCoT). He analyzed some challenges that the industry will be facing and offered some solutions to help supply chain leaders mitigate those challenges.
Click on the image below for a detailed look at the challenges:
Tackling the Challenges of the Supply Chain of Things
Challenges mentioned by Pascal Fernandez include IP protection (what people call digital trust) and data protection.
Image: Susan Fourtané
Let us know how the supply chain of things is evolving in your organization in the comment's section below. What challenges and successes have you achieved?
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