Insight ReportSupply 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: Recent Conference Insights, from World Retail Congress to ICSC Las Vegas: Coresight Research Premium Subscriber Call, June 2025Analyst Corner: UK Retail Crime Soars—Visibly Reflected in Stores, with John MercerWeekly US Store Openings and Closures Tracker 2025, Week 19: Rite Aid Files for Bankruptcy—AgainFive Ways Brands and Retailers Can Use AI/ML and Shared Data to Energize End-to-End Product Management
