Internet of Things Adds Intelligence to Supply Chain

Companies like Whirlpool and GM are using IoT technologies for smarter supply chains.
The supply chain is getting a lot smarter, thanks to the Internet of Things (IoT). This added intelligence results in lower costs and added efficiency for companies like General Motors and Whirlpool.
Passive sensors in the supply chain are being replaced with more intelligent versions which put companies in a better position to exert more control over the external environment and ultimately execute better decisions, said Noha Tohamy, a Gartner analyst. For example, IoT-enabled factory equipment will be able to transmit temperature and machine utilization parameters, change equipment settings and optimize process workflows to raise overall supply chain performance and efficiency.