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What is the Hyperconnected Era & “The Internet Of Things” and What does it Have to Do with Manufacturing & Logistics?

GlobalTranz

No longer are we in a world where consumers and employees “go online” to work, play, or purchase; we are now in a world where everyone and everything simply is online, whether at home, at school, at the office, or on-the-go. He later co-founded the Auto-ID Center at the Massachusetts Institute of Technology.

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Reducing Supply Chain Costs

Logistics Bureau

A big contributor to cost reduction and therefore increased profits for Costco is the elimination of product handling stages between supply and sales. The chain purchases most of its merchandise direct from manufacturers. Optimising Suppliers for Cost Efficiency. billion compared to $274.5 billion, for 2013). Supplier city.