Advances in technology, analytics, computing power and information access have resulted in a paradigm the Material Handling Institute (MHI) calls the “always on supply chain.” In its annual industry report, MHI identified eight technologies that are enabling the “always on supply chain.”
MHI defined the “always on supply chain” as “an integrated set of supply networks characterized by a continuous, high-velocity flow of information and analytics, creating predictive, actionable decisions that better serve the customer.”
One area where software providers are introducing these capabilities is in transportation management. In transportation management, Internet of Things (IoT) technology has improved product traceability and inventory control. It has also enabled dynamic routing and the monitoring of product quality data.
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