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Role of IoT in enhancing Supply Chain Visibility and Efficiency
What is IoT, and why is it dominating the supply chain management? By 2025, 75% of manufacturing operations worldwide will utilize the power of Internet of Things (IoT) technology for operational excellence and visibility. This statistic, along with the forecasted global market size reaching US$ 41.8 billion by 2033 , emphasizes the urgency for supply chain management to swiftly adopt IoT.
