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INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016
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The Internet of Things (IoT) is a global platform that connects physical things and devices to a network over the internet so that they can be located, recognised, and managed. Nowadays, IoT is essential for managing the supply chain. The implementation of Industry 4.0/Internet of Things (IoT) technologies offers prospects for more sustainable management, as has become clear to businesses as a result of the fourth industrial revolution and the digitization of supply chains. The Internet of Things (IoTs) is a global network of intelligent devices that are connected to the Internet and have been promoted as a way to enhance supply chain integration (SCI). Many industries are facing lot of issues and weaknesses with respect to Supply Chain Management. This paper looks at the various difficulties faced by supply chain management and how IoT provide a solution. It aims to assess how IoT will affect inventory and logistics management. Various warehouse visits were done, and a survey form was created in order to understand how IOT is implemented. Study Findings reported that IoT has already benefited almost all phases of the supply chain. IoT supply chain has many advantages, like increasing the productivity of factories, providing real-time product location information, automating warehouses, improving cold chain management and much more.
Keywords:
Internet of Things (IOT), supply chain management, warehousing, challenges, retail, Radio Frequency Identification
Cite Article:
"To study impact of IOT in supply chain management", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.8, Issue 5, page no.1631 - 1639, May-2023, Available :http://www.ijsdr.org/papers/IJSDR2305256.pdf
Downloads:
000222060
Publication Details:
Published Paper ID: IJSDR2305256
Registration ID:206607
Published In: Volume 8 Issue 5, May-2023
DOI (Digital Object Identifier):
Page No: 1631 - 1639
Publisher: IJSDR | www.ijsdr.org
ISSN Number: 2455-2631
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