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1.8.3 Key Leverage for Smart Sensors in Supply Chain 4.0

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Based on the supply chain operations reference (SCOR) [212], Supply Chain 4.0 has four stages: plan, source, make, and deliver. Implementing smart sensors is beneficial to all stages and can provide E2E insights for the company. Smart sensors enable real-time inventory management and identify performance metrics that improve inventory, supply planning, product design, and development. They also provide an efficient, transparent, and traceable flow of raw material from sources to customers and ensure accurate and consistent supply. Monitoring and predictive maintenance of machinery leverage smart sensors data and improve performance of fully connected production facility.

Industry 4.0 Vision for the Supply of Energy and Materials

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