In today’s world, big data and analytics, the Internet of Things, and blockchain are increasingly important to a seamless and more automated supply chain. Exploring the capabilities and risks of these growing functions can help businesses make key decisions necessary to improve processes. Utilizing an ERP with Transportation Management that connects big data, blockchain, as well as the Internet of Things, will help businesses navigate an increasingly complicated transportation network. Implementing these pieces provides better business practices and improves business output. In this paper, a summary of these topics as well as case studies of benefits and risks to each will be discussed. As a process owner, understanding the increasing capabilities and integration of these functionalities will help reduce today’s pain points within your company.
What you get out of it:
- Understanding IoT devices and how leveraging this can help your business
- Managing and using Big Data gathered by IoT for analytics and automation
- How blockchain can utilize both Big Data and IoT for security and traceability