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. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Shoptalk 2024 “Shark Reef” Startup Pitch Competition: Recap—12 Innovators, Two WinnersWeinswig’s Weekly: Five Foundations for the 2023 Festive SeasonWeekly US and UK Store Openings and Closures Tracker 2024, Week 10: Rite Aid (US) and The Body Shop (UK) Confirm Further Store ClosuresNovember 2023 Monthly Consumer Update: US, UK and China