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Use of Internet of Things (IOT) in Supply Chain: A Literature Review


Affiliations
1 S.G.S.I.T.S., Indore, Madhya Pradesh, India
2 Professor and Head, I.P.E. Dept., S.G.S.I.T.S., Indore, Madhya Pradesh, India
     

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In recent years supply chain has become more agile and responsive by using upcoming technologies like Internet of Things (IoT), Artificial Intelligence (AI), Block chain, and so on. Many researchers have stated the usefulness of integrating IoT in supply chain to enhance its performance. The use of IoT has given rise to appropriate information sharing in supply chain. Information sharing is the most crucial factor to achieve the desired targets of supply chain performance. Information sharing has been considered an important resource over the past few years. Information sharing results in efficient control over performance of supply chain partners. The supply chain partners primarily consist of suppliers who play an important role in its performance. This paper aims to provide research scholars an overview of the use of IoT in supply chain.

Keywords

Supply Chain, Supply Chain Management, Supply Chain Performance, IoT, Information Sharing, Supplier Partnership
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  • Use of Internet of Things (IOT) in Supply Chain: A Literature Review

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Authors

Shivam Kamat
S.G.S.I.T.S., Indore, Madhya Pradesh, India
Avadhesh Dalpati
Professor and Head, I.P.E. Dept., S.G.S.I.T.S., Indore, Madhya Pradesh, India

Abstract


In recent years supply chain has become more agile and responsive by using upcoming technologies like Internet of Things (IoT), Artificial Intelligence (AI), Block chain, and so on. Many researchers have stated the usefulness of integrating IoT in supply chain to enhance its performance. The use of IoT has given rise to appropriate information sharing in supply chain. Information sharing is the most crucial factor to achieve the desired targets of supply chain performance. Information sharing has been considered an important resource over the past few years. Information sharing results in efficient control over performance of supply chain partners. The supply chain partners primarily consist of suppliers who play an important role in its performance. This paper aims to provide research scholars an overview of the use of IoT in supply chain.

Keywords


Supply Chain, Supply Chain Management, Supply Chain Performance, IoT, Information Sharing, Supplier Partnership

References