How can IoT optimise the bearing supply chain?
In 2020, stock management issues were estimated to cost UK manufacturers 66 billion GBP because of disruption caused by the pandemic. Consequently, the quest to improve efficiency, cut waste and enhance supply chain operations is one that suppliers know all too well. Here Chris Johnson, managing director at miniature bearings specialist SMB Bearings, explains how the Internet of Things (IoT) can enable a stronger, more resilient bearing supply chain.
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