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IoT enabled Supply Chain Visibility: The Holy Grail of Supply Chain Managers

Written by: Stefan Reidy End-to-end supply chain visibility empowers supply chain and logistics managers to make educated decisions. It helps companies to decrease the impact of disruptions on the supply chain by providing actionable data. Supply chain leaders recognize the importance of visibility as it streamlines operations, reduces business risk, increases efficiencies and enables better decision making and forecasting based on insights offered by real-time data. KPMG’s study reveals that the industry is expected to see a rapid growth of investment into technologies such as IoT to monitor, manage and improve the supply chain operations. When considering the fact that the key beneficiaries of visibility solutions are multiple business functions such as logistics, supply chain, finance, quality management and security the results of the study are not surprising. Source: Global Manufacturing Outlook: Low visibility, high supply chain risk  (KPMG, 2016) The IoT technology:

Fighting for Enhanced Supply Chain Security

By Stefan Reidy  Cargo theft has been around for centuries; unfortunately, though the crime has evolved together with transportation methods. Bandits on horseback have been replaced by gangsters that are organized in international crime syndicates. Cargo theft is a global problem affecting manufacturers, logistics providers as well as customers. It is a complex problem influenced by factors ranging from local laws to the global economy. Jim Yarbrough, Global Intelligence Program Manager at the supply chain specialist BSI commented: "Companies have always faced a wide range of challenges to their supply chain, but [the] latest figures indicate how severe the impact of violent theft can be. "These events are creating extreme levels of risk for organizations, both directly affecting the bottom line and disrupting the supply chain in ways which, if not tackled, could do serious harm to a company's hard-earned reputation." BS