Real-time monitoring reduces costs, enables supply chain transparency, and contributes to a sustainable society
Abstract
Internet of Things (IoT) for transportation helps companies address their challenges with sustainability. Transportation and logistics-related IoT spending is expected to grow from US$10bn in 2015 to US$40bn by 2020.1 Companies have started to see the great potential and positive impact of IoT on their shipments and are now considering it to be an investment rather than an expense. Reaching sustainability goals has now moved far beyond compliance. The technical barriers to implement IoT for transportation are reducing as the products and solutions become even smarter. This paper focuses on the positive gain of introducing real-time monitoring of shipments.
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Author's Biography
Jon Hjertenstein is CEO of Mobile Sensory Technologies (MOST), a Swedish Internet of Things (IoT) company that has offered its solution since 2016. Jon has been a speaker at the 2018 Council of Supply Chain Management Professionals (CSCMP) Europe Conference. Prior to this position, Jon has 15 years’ experience within the telecom industry, where he has held various senior management positions in large enterprises, Telenor, including sales director for consumer channels in Sweden and general manager of supply chain in India, where he was part of the largest mobile operator launch in the world to date. He has also run his own company within the telecom industry for five years.
Citation
Hjertenstein, Jon (2019, September 1). Real-time monitoring reduces costs, enables supply chain transparency, and contributes to a sustainable society. In the Journal of Supply Chain Management, Logistics and Procurement, Volume 2, Issue 1. https://doi.org/10.69554/ENGW7553.
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