Real-time information of the exact location of inventory is the key to manage it efficiently. The growth in globalization, e-commerce, and a greater demand for throughput needs a better, more cost-effective solution to improve operational efficiency.
Industry 4.0 needs Supply Chain Management systems to provide real-time information about all the inventory and the micro-climate inside a warehouse. RTLS system to monitor and manage assets and people, with micro-climate management including temperature and humidity monitoring is the key. IoT in Warehouse Market worth USD 17.93 Billion by 2025 growing with 21.21% CAGR – Report by Market Research Future (MRFR).
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