Industry 4.0 – Understanding and meaning for the
Supply Chain Management
Today the main focus is on the smart factory
but what is the meaning for the supply
chain management?
The internet of things leads to a high transparency
regarding the status of the supply chain and its
nodes.
The amount of information increases rapidly with
the automatic acquisition of data/events.
Standardized event information in high quality can
be distributed within the supply chain with methods
of the internet of things.
But: transparency is not enough, the right
conclusions have to be drawn at the right points.