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THE CHANGING NATURE OF SUPPLY CHAIN OPTIMISATION & MONITORING
With today’s supply chain continuously evolving, managing the supply chain is greatly changing in particular methods for optimisation and monitoring. The industrial internet of things or IIoT has greatly contributed to the rise of the evolving supply chain. IIoT can be defined as the interconnection of objects and devices via the web in order to enhance manufacturing and industrial processes. Even though the supply chain is evolving greatly, according to a recent study conducted by McKinsey, only 2 percent of executives consider supply chain as a focus of their digital strategy. READ MORE