IoT-based warehouse management, like any other emerging technology, also comes with a few challenges/drawbacks of its own. This is why, despite all the advantages and acceptance by the likes of Amazon, Ocado, and Alibaba, many 3PL companies are still hesitant to adopt this technology,
The Internet of Things (IoT) is at the heart of rapid development in all sections of the global economy. Supply chain management and the warehousing industry are no exceptions to this growing trend. The proliferation of IoT has already started changing the picture for the better. Still, adoption of this technology is moving at snail’s pace.
If it wasn’t for security concerns, IoT would be a much bigger part of our lives and businesses. That’s the verdict of 26% of business executives in a survey, and it certainly seems on point as a fear for our privacy and security is the biggest concern holding IoT back, next only to cost.
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