Supply Chain - Internet of Thing (IOT) /Challenges/Security Threats
Mihir Kumar Jhaveri, PMP
![Mihir Kumar Jhaveri, PMP]()
Mihir Kumar Jhaveri, PMP
Chief Business Officer | Chief Product Officer | P&L Owner | People Officer | Engineering & Manufacturing Industry | Ed-Tech Industry | Scaling Organizations | Views My Own
IoT can help supply chain professionals:
- Reduce asset loss. Know about product issues in time to find a solution.
- Save fuel costs. Optimize fleet routes by monitoring traffic conditions.
- Ensure temperature stability. Monitor the cold chain
- Manage warehouse stock. Monitor inventory to reduce out-of-stock situations.
- Gain user insight. Embedded sensors provide visibility into customer behavior and product usage.
- Create fleet efficiency. Reduce redundancies
Challenges for supply chain management
The IoT is certainly not without its potential consequences. The effort to integrate the IoT will require a revaluation of critical infrastructure in order to avoid any security threats, management issues and untenable costs.
Security threats: More networked devices means more potential entry points for hackers. Cybersecurity researchers are concerned about hackers taking command of connected devices such as wireless sensors, global positioning system trackers and industrial controls,