Scott Koegler

Scott Koegler

Scott Koegler is Executive Editor for PMG360. He is a technology writer and editor with 20+ years experience delivering high value content to readers and publishers. 

Find his portfolio here and his personal bio here

Declining Prices of IoT Sensors Is Extending Penetration Farther into Manufacturing Processes

The rise of IoT will significantly change many industries. However, companies that use IoT devices have faced various challenges mainly due to high cost of these devices. Companies in inventory and supply chain management have in the past experienced increased spending, and this is likely to go on between now and 2023. The increase in spending will result from new models of business that include software and products-as-a-service. The reduced cost of IoT sensors, increased connectivity and emerging software will be the leading areas that manufacturers will take advantage of going forward.

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Mix Technologies and People to Maximize Your Supply Chain Efforts

Ever since the emergence of supply chain technology decades ago, there have been various views flying around on the impact of technology in the supply chain. While some people seem to suggest that technology will significantly hurt supply chain businesses, many argue that technology will provide opportunities yet to be explored. The truth however is that the mix of technology and people will result in so many more opportunities although it is no secret that some people will lose their jobs.

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Multichannel Efficiency In The Supply Chain Demands Attention And New Methods

Retailers often face challenges when it comes to balancing their acts within their supply chain. This said, understanding the elements that make a multichannel and omnichannel supply chain is critical to success of any business and is essential for profit-making. With the rise of the internet, multichannel supply chain has gained traction and offers companies a variety of options on how to reach their consumers. However, determining the most efficient set up despite the technological tools at your disposal is not as simple as many people would want to believe.

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