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IoT in the Supply Chain: Anticipating the Demands of the Future

How are RFID and the Internet of Things bringing the supply chain concept into the future?
By Pratik Dholakiya

With regard to acting on predictions, however, the IoT can only help the process so much. The finer details and execution all come down to internal systems, as well as human decision-making. For business that use time-sensitive or mission-critical operations dependent on IoT devices, integration with a project management software-as-a-service (SaaS) tool would be of immense help. Collaboration and task scheduling software like Workzone will help keep multiple teams and departments on the same page, associating roles with processes and tasks, so nothing is lost in translation.

Analytics for a Better Future
The world of the IoT is constantly gathering information and data. In fact, 71 percent of companies are currently collecting analytical information from their IoT devices to fuel future initiatives. From measuring ROI benefits to eliminating weaknesses, recording and measuring analytical information paves the way to a brighter future.

Since IoT devices have the capability to track all sorts of data, weeding through the numbers and reports can seem nearly impossible without proper training at the analyst and executive levels. Zeolearn offers multiple online courses that range from the basics of the IoT, covering management, programming, and testing, to data analytical training, with an emphasis on predictive analysis, which every IoT-focused organization must be comfortable with as a core function.

The integration of IoT-connected devices has brought about a virtual revolution in countless categories. With proper use, managers can accurately predict the future needs of their supply chain across the board. With the analytical data these devices can provide, the possibilities for future improvements are just around the corner.

Pratik Dholakiya is the co-founder of E2M, a full service digital marketing agency, and PRmention, a digital PR agency. He regularly speaks at various conferences about SEO, content marketing, growth hacking, entrepreneurship and digital PR. Pratik has spoken at NextBigWhat's UnPluggd, IIT-Bombay, SMX Israel, and other major events across Asia. As a passionate marketer, he shares his thoughts and knowledge at such publications as Search Engine Land, Entrepreneur Magazine, Fast Company, The Next Web and Huffington Post, to name a few. He has been named one of the top content-marketing influencers by Onalytica three years in a row.

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