Cold supply chains that ferry vaccines and commodities could see a reduction in loss rate if they switched from incumbent systems to an Internet of Things (IoT) solution.
That’s according to a new report from Lux Research, which investigates the return on investment (ROI) for cold supply chains if they switch.
See Also: Sensor modules prove IoT darlings, rounding up billions
Vaccines and rare seafoods would see the highest ROI when switching from current systems to IoT, while cheap produce and chemicals will take longer to pay for the IoT upgrade costs