IOT
Global supply chains have been severely impacted by the Russo-Ukrainian conflict and the COVID-19 pandemic , with disruptions caused by such events leading to manufacturing delays , shipping complications , panic buying , and increased energy costs . But with the rise of IoT devices revolutionising the way organisations around the world operate , offering a wealth of benefits across global supply chains , new technologies are helping businesses streamline their supply chains , increase efficiency , reduce costs , and improve visibility across the entire process .
The fourth industrial revolution , Industry 4.0 , relies upon IoT to join operational and informational technology , for the sake of improving quality , reducing risk and minimising cost . “ IoT is a core part of Industry 4.0 because it allows us to build digital networks of machinery , devices , and infrastructure . By using IoT , organisations can assemble smart factories and supply chain processes which continuously collect data ,” says David Beamonte Arbués , Product Manager ( IoT & Embedded Products ) at Canonical .
“ Businesses can then apply AI and ML technologies which , once synchronised , remove silos in the supply chain process and allow unprecedented levels of transparency , automation , insight and control ,” Arbués adds . “ Industry 4.0 focuses heavily on interconnectivity , automation , ML and real-time data . It marries physical production and operations with smart technology – none of which would be possible without IoT at its core .”
aimagazine . com 109