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Any Gas Left In The IoT Tank?

By Art van Bodegraven | 02/12/2018 | 1:29 PM

Please enjoy the thoughts and musings of our friend, supporter, and long-time contributor Art van Bodegraven Jr., who passed away on June 18, 2017. Art was a prolific writer and had amassed a collection of unpublished blog posts he had planned to run well into the future. To honor his memory, we will continue to post these remaining blogs as he had intended. If you’ve been a fan of The Art of Art blog, check out our tribute.

 

The mysterious world of IoT has left a lot to be desired.  That it would solve all of problems (challenges) experienced by SCM, through the universe of supply chain management was a fond hope.

But, the reality has overcome the hype, and we've got only a few things left to address by IoT.

The #1 potential is a quick win to the performance and maintenance of industrial machinery - traditional manufacturing, heavy goods.  IoT have done a good job of gathering data to manage equipment breakdown and/or maintenance.  These inescapably lead to smart scheduling of workloads and workflows.

The quick wins can take performance and guarantee dependability levels.

There is a potential market for IoT apps; it will take time and investment to dollarize them.

Finally, IoT can fully automate manufacturing and supply chain processes.  Rather than push data in from the cloud, IoT can permit automatic adjust operations.  Ultimately, IoT becomes a complete feedback loop, sensing and responding to interconnected data.

But, we are a great distance from quick hits to interconnectivity.

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About Art van Bodegraven

Art van Bodegraven

Art van Bodegraven (1939 - 2017) was Managing Principal of the van Bodegraven Associates consultancy and Founding Principal of Discovery Executive Services, which develops and delivers supply chain educational programs. He was formerly Chair of the Supply Chain Group AG, Partner at The Progress Group LLC, Development Executive at CSCMP, Practice Leader with S4 Consulting, and a Managing Director in Coopers & Lybrand's consulting practice. Concentrating in supply chain management and logistics for over 20 years in his 50+ year business career, he has led ground-breaking strategic, operational, and educational projects for leading US and global clients. Art was principal co-author of DC Velocity's Basic Training monthly column for a decade, and was the principal co-author, with Ken Ackerman, of Fundamentals of Supply Chain Management, the definitive primer in the field. His popular blog, The Art of Art, has been a staple of DC Velocity's web site since its inception.



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