Blog

Leveraging the Internet of Things (IOT) and the Industrial Internet of Things (IIOT)

Imagine having eyes and ears everywhere our supply chain exists. You would know exactly what’s going on in your operations—including what’s working, what’s not working, and how. This is similar to the future promised by the internet of things (IOT) and the industrial internet of things (IIOT). These systems have the potential to turn virtually anything that uses electricity is a potential data supplier. However, we have not quite reached this reality just yet. Advancements in technology and professional relationship management processes still need to advance further before the IOT and the IIOT are fully integrated into our environments.

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Shipping Technology and Process Innovation Soothes Customer Pain Points

Elizabeth Rennie Managing Editor, APICS magazine
While interviewing industry experts for my March/April APICS magazine feature article, “Logistics Trends and Transformation,” I learned that parcel shipping is on an upward trajectory. In fact, according to the Pitney Bowes Parcel Shipping Index, more than 31 billion parcels were shipped around the world in 2015. Omnichannel commerce is a primary driver of this growth, and my research made it quite clear that omnichannel-related parcel volume will only continue to surge. Unfortunately, online orders too often involve glitches for shoppers—particularly those in Asia. The businesses that tackle these shipping challenges intelligently, that innovate collaboratively, and that adapt to ever-increasing customer expectations are sure to be the ones to prosper. 

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Follow up article from Harvard Business Review.

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