IoT applications in Modern Supply Chains: Enhancing Efficiency and Product Quality
Karthik Raj Kumar Yesodha, Arunkumar Jagadeesan, J. Logeshwaran
Abstract
the Internet of Things (IoT) has revolutionized supply chain management in recent years. IoT-based systems have made it possible for more efficient tracking and communication, improved inventory management, and better visibility and control with real-time data now available at all levels. Furthermore, the use of sensors and other technological tools such as RFID tags can also lead to improved product quality by allowing for more efficient monitoring and investigation of each step of the supply chain. IoT has enhanced the overall efficiency of supply chain management while allowing for the implementation of predictive maintenance techniques. These techniques help to identify potential problems before they happen, reducing the resulting downtime of production and shipments. Moreover, IoT-supported processes enable an efficient real-time response to changing conditions such as weather, demand levels, or customer needs. In the end, this leads to improved operational efficiency, less waste, and greater customer satisfaction.