Insight Report 4 minutes PremiumSupply Chain Briefing: The Internet of Things Brings Efficiency and Accuracy to the Supply Chain Coresight Research June 27, 2019 Executive SummaryIn our weekly Supply Chain Briefing series, we discuss how technology is transforming the various stages of the retail supply chain, including product design, demand forecasting, manufacturing, logistics, warehousing, last-mile delivery and sales. This report discusses the Internet of Things (IoT), a technology used extensively in a variety of industries’ supply chains. Global spending on IoT is estimated to reach $745 billion by the end of 2019, an increase of 15.4% year over year (YoY) compared to $646 billion spent in 2018, according to market intelligence company International Data Corporation. Companies use IoT to enhance workflow, optimize logistics and streamline delivery at various stages of the supply chain. IoT has a variety of applications in retail. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Market Navigator: US Beauty—Inclusivity, Premiumization and Innovation Lead the WayUS Beauty—Retail 2024 Sector Outlook: Feel-Good Factor To Drive SalesWeekly US and UK Store Openings and Closures Tracker 2024, Week 48: US Closures Up 69% Year Over YearUS Innerwear Market: Three Trends Driving Success for Brands and Retailers