The University of Tennessee Global Supply Chain Institute has released a new study that outlines several emerging trends for supply chain management, reports Material Handling & Logistics.  

According to Harvard Business Review, the limitations of legacy technologies is hindering end to end transparency in the supply chain for many businesses. However, new digital technologies could soon revolutionize the way supply chains are managed.

Shipment tracking is one of the most critical services in supply chain management. Millions of dollars worth of goods are lost in transit every year due to a lack of visibility during the shipment process. Therefore, the ability to give an exact and immediate answer to the question, "where is my order?" is critical to the efficiency and robustness of any supply chain. TPSynergy's new IoT tracking devices integrate seamlessly into its award-winning supply chain platform, giving customers the ability to locate their shipment any time of the day.