• Latest
  • Trending
  • All
Internet of Things (IoT) In The Supply Chain: 3 Challenges

Internet of Things (IoT) In The Supply Chain: 3 Challenges

December 18, 2019
Last Mile Delivery Market Worth Observing Growth | UPS, FedEx, SF Express

Last Mile Delivery Market Worth Observing Growth | UPS, FedEx, SF Express

April 23, 2024
Top 5 Spend Analysis Software ranked in 2024

Top 5 Spend Analysis Software ranked in 2024

March 1, 2024
How Tesla And BMW Are Leading A Supply Chain Renaissance With Blockchain

How Tesla And BMW Are Leading A Supply Chain Renaissance With Blockchain

January 19, 2024
LATAM Cargo strengthens European cargo links

LATAM Cargo strengthens European cargo links

April 14, 2020
Ford making reusable hospital gowns from airbag materials as efforts against coronavirus expand

Ford making reusable hospital gowns from airbag materials as efforts against coronavirus expand

April 14, 2020
Don’t Sweat NBC’s Decision to Cut Back on Television Ad Inventory

Don’t Sweat NBC’s Decision to Cut Back on Television Ad Inventory

April 14, 2020
Software firms sharpen focus on AI, big data as IT spending drops

Software firms sharpen focus on AI, big data as IT spending drops

April 14, 2020
Navigating turbulent times in your supply chain (TL:DR version)

Navigating turbulent times in your supply chain (TL:DR version)

April 14, 2020
Last Mile Delivery by Drones Market is Booming Worldwide

Last Mile Delivery by Drones Market is Booming Worldwide

April 14, 2020
AIR CARGO MARKET SIZE, SHARE, DEMAND, TREND, LATEST INNOVATIONS & APPLICATION ANALYSIS AND INDUSTRY GROWTH FORECAST 2027 – Science In Me

AIR CARGO MARKET SIZE, SHARE, DEMAND, TREND, LATEST INNOVATIONS & APPLICATION ANALYSIS AND INDUSTRY GROWTH FORECAST 2027 – Science In Me

April 14, 2020
Wheat procurement in Patiala: 6,500 coupons issued to farmers – cities

Wheat procurement in Patiala: 6,500 coupons issued to farmers – cities

April 14, 2020
Pandemic, Plastics And The Continuing Quest For Sustainability

Pandemic, Plastics And The Continuing Quest For Sustainability

April 14, 2020
  • Supply Chain
  • Logistics
  • Warehousing
  • Procurement
  • Shipping
  • More
    • Strategic Sourcing
    • Spend Analysis
    • Inventory
    • Contact Us
No Result
View All Result
United States International Supply Chain Commission
United States International Supply Chain Commission
Home Supply Chain

Internet of Things (IoT) In The Supply Chain: 3 Challenges

by usiscc
December 18, 2019
in Supply Chain
0
Internet of Things (IoT) In The Supply Chain: 3 Challenges
494
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Everywhere you look today, it seems as though the Internet of Things is becoming an increasingly prominent part of our everyday lives. However, there are a few challenges which are preventing the supply chain from taking full advantage of the technology. 

iot-industrial-smart-factory

IoT Is Everywhere

If you want proof of IoT’s growing adoption, you probably don’t need to look any further than your own wrist. Fitness bands, smart watches and similar wearables have exploded in popularity. These devices monitor the user’s every single move while providing accurate, real-time health data.  

Even cities and municipalities are adopting IoT. For example, Chicago’s “Array of Things” (AOT) project consists of implementing sensors across the city to collect data on everything from sound intensity to barometric pressure. This project should allow the Windy City to better monitor and control its air quality. New York is also eager to become a “smart city,” as evidenced by the New York City’s Hudson Yards. This project represents 17 million square feet of new commercial and residential buildings, packed with sensors to track data on energy production and consumption, air quality, pedestrian traffic and health activity levels. These projects illustrate a growing trend for big cities to improve the quality of urban living.

Opportunities And Challenges To IoT In Supply Chain

IoT shows promising application for the manufacturing industry as well. For example, European aircraft manufacturer Airbus has been developing tools equipped with Industrial Internet of Things (IIoT) technology to optimize supply chain processes. Airbus’ vision is to elevate the on-board experience through personalization by harnessing the power of big data and IIoT. It’s “Connected Experience” solution will provide valuable insight like, which seat belts are buckled and bins to book overhead space in advance.

The benefits of the IIoT are limitless. However, the supply chain is not taking full advantage of the technology. Here are three reasons why:

1. Security As A Barrier To IIoT

Security is a major issue for every internet-connected industrial system. In a world where cyber attacks are becoming more common, IIoT technology could be just another lure for hackers. With new malware being discovered, it is clear that the risk exists more than ever. As IIoT applications are to be built on many sensor nodes, the threat level increases drastically, whether it comes from bad data being injected into the system or data being extracted from it. This is a serious challenge that may require companies who adopt this technology to develop new practices in order to guarantee maximum security and stability by integrating more advanced cyber threat protection solution into their network.

Related Insight: Top 3 U.S. Manufacturing Challenges And How To Overcome Them

2. Reliability And Integrity

With any new technology comes the question of reliability. Enterprises transitioning to IIoT will expect to have back-up solutions in case of technology failure, as it could impact the entire supply chain and lead to irrevocable damages. Therefore, industrial enterprises will need to clearly define the goals and boundaries of their IIoT projects. Based on enterprises’ operational requirements and technology capabilities, IIoT solutions and tools should be defined and ultimately applied. 

3. IIoT Systems And Scalability

Along with reliability comes the question of scalability. IIoT systems will have to be adaptive and scalable enough to provide tailored solutions to multiple industries. From a more technical standpoint, IIoT solutions will have to integrate with existing solutions through software or ad hoc functionality. Usually, functionality is added by either using vendor-defined black boxes, or by designing proprietary or custom end-to-end solutions. While using vendor-defined black boxes provides a solution that can be implemented rapidly, it is difficult to acquire and analyze the data generated. The custom solution, on the other hand, allows for easy access to data, but the proprietary nature of these solutions means the system itself becomes a black box. In this configuration, black box systems need to communicate properly, which represents a big challenge for engineers trying to develop custom end-to-end solutions.

You Might Also Be Interested In: How To Innovate Without Blowing Your R&D Budget

IIoT and IoT have the potential to revolutionize the way we live and work. However, the technology poses challenges in the form of safety, security and efficiency. When upgrading systems or implementing new processes, make sure you have a clear strategy in place. Ultimately, the continued growth of the technology requires manufacturers and IIoT solution providers to work together to address these challenges the best way possible. 

New call-to-action

Share198Tweet124
usiscc

usiscc

  • Trending
  • Comments
  • Latest
Escape From Tarkov – How to Rotate Items

Escape From Tarkov – How to Rotate Items

February 5, 2020
Supply chain examination: Planning for vulnerabilities you can’t control

Supply chain examination: Planning for vulnerabilities you can’t control

December 7, 2019
Procurement Project Manager job with Camden London Borough Council

Procurement Project Manager job with Camden London Borough Council

February 17, 2020
Art Battle Wichita Falls III at The Warehouse, 1401 Lamar.

Art Battle Wichita Falls III at The Warehouse, 1401 Lamar.

0
Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024 – ZMR News Reports

Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024 – ZMR News Reports

0
PHOTOS: Ottawa firefighters respond to warehouse fire

PHOTOS: Ottawa firefighters respond to warehouse fire

0
Last Mile Delivery Market Worth Observing Growth | UPS, FedEx, SF Express

Last Mile Delivery Market Worth Observing Growth | UPS, FedEx, SF Express

April 23, 2024
Top 5 Spend Analysis Software ranked in 2024

Top 5 Spend Analysis Software ranked in 2024

March 1, 2024
How Tesla And BMW Are Leading A Supply Chain Renaissance With Blockchain

How Tesla And BMW Are Leading A Supply Chain Renaissance With Blockchain

January 19, 2024
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • DMCA
  • Contact Us

Copyright © 2024 United States International Supply Chain Commission (usiscc.org)

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

SAVE & ACCEPT
No Result
View All Result
  • Supply Chain
  • Logistics
  • Warehousing
  • Procurement
  • Shipping
  • More
    • Strategic Sourcing
    • Spend Analysis
    • Inventory
    • Contact Us

Copyright © 2024 United States International Supply Chain Commission (usiscc.org)