Keeping track of and predicting product demand can be tricky and mistakes have a cost implication – either through over-supply (and therefore wastage), or under-supply (and the attendant missed sales opportunities.)
Naleje technologies IoT could track the location of individual components, and broadcast supply and demand on secure system. Data as to demand request, supply volumes, or part expiration dates could be instantly accessed and analysed to identify where production needs to be stepped up.