Question: Please reflect it base on Supply Chain management aspects Integration of IoT and Big Data in logistics is expected to be a game changer that

Please reflect it base on Supply Chain management aspects

Integration of IoT and Big Data in logistics is expected to be a game changer that can enhance the accuracy of demand forecasts, discover new demand patterns, and develop new services by sharing data with partners across the supply chain. In addition, they can increase asset uptime and throughput, engage in preventive maintenance and conduct close to real-time supply planning utilizing dynamic data feeds from production sensors and the IoT. Reflect upon and discuss how demand management function could be improved. Also discuss how data sharing enhance supply chain collaboration and planning.

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