The Internet of Things (IoT), Blockchain, big data analytics(BDA), Cyber physical systems, and smart connected products, facilitate the development of virtual supply chains and smart operations.
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The logistics industry is undergoing an incredible revolution, driven by advances and modernisation in IT and digitisation. The logistics sector is regarded as the backbone of a healthy economy, despite this, it is highly unorganised and fragmented with the organised companies accounting for almost 10% of the total economy. With the increased customer base of industries including retail, telecom, transport, manufacturing, pharmaceuticals and many others, the logistics sector has been increasingly drawing investments in the past decade.
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Outsourcing supply chain analytics services can enable organisations to boost efficiency and improve their overall performance. Learn the strategies today with IoSCM.
The supply chain is often associated with manufacturing and logistics however there are many other industries that are part of the supply chain and in modern times, most businesses either operate within, or run their own, supply chains. Today's blog is focused on the construction site and looks at the logistics of operating and running a successful construction project.
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