A lot of attention has been paid over recent months on supply chain visibility – and in particular on connecting supply chains through the use of industrial IoT technologies. Such technologies can provide complementary insights as to the whereabouts and status of goods and assets – esp. where supply chain operations can be complex and multi-modal transport is necessary.
However, while the availability of data improves situational awareness it is not sufficient to realize dynamic decision making. Indeed, information sharing is the next hurdle to then cross, to facilitate a truly smooth and seamless movement of goods.
Read the full article from Wolfgang Lehmacher on the UNCTAD (UN Conference on Trade & Development) website.