Companies are using wireless sensors to shatter the traditional relationship between suppliers and customers. In the traditional model, the customer owns and is responsible for managing their on-hand supply. In the new model, the supplier takes full responsibility for maintaining adequate on-hand supply of inventory on the customer’s premises.
While vendor managed inventory (VMI) or consignment approaches are not new, the ability to guarantee inventory levels has until now been an expensive, risky, and/or labor intensive proposition.
Wireless sensing can change all of that. |