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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

If not, this might be the right time to invest in a suitable (IT) solution, because these data will change and you will need them again to maintain and consolidate cost savings later. A big contributor to cost reduction and therefore increased profits for Costco is the elimination of product handling stages between supply and sales.