The Internet of Things: the revolution is here! Innovation in logistics and supply chain management
We stand on the brink of a technological revolution that will fundamentally alter the way we live, work, and relate to one another. In its scale, scope, and complexity, the transformation will be unlike anything humankind has experienced before – Klaus Schwab
The information age or the data economy or the fourth industrial revolution or the Internet of Things, call it what you will, it is very much real and is creating enormous value and wealth in the global economy, not to mention social change. The scale, scope and speed of change cannot be overstated.
At its most basic the Internet of Things (IoT) is a giant network connecting any device with an on and off switch to the Internet. However, it is much more than that. At its very heart of ‘things’ are relationships and relationship management – people-people, people-things, and things-things.
The legal, social and economic implications of this technological revolution will is reshaping the very fabric of civilization and dare I say it, what it means to be human. Click To TweetYou don’t have to take my word for it, in fact I hope you don’t. However, what I do hope for its that you read this and gain some insights that will lead you to your own truths or lies, as those can be valuable at times, about the Internet of Things/Fourth Industrial Revolution.
Through the presentation below I explore, using the example of its impact on logistics and supply chain management, how impactful the Internet of Things has been and its even greater prospects for the future. Just as a quick aside logistics and supply chain management is basically the process involved in moving stuff around- goods, services, people or data – from one point to another.
So come join me as we explore:
- What is the Internet of Things?
- What is its connection to logistics and supply chain management?
- Why is it so revolutionary in logistics and supply chain management?
Enjoy!
