Role of Internet of Things in Supply Chain Management and Logistics

Role of Internet of Things

The IoT refers to physical gadgets that provide smart characteristics, through connectivity and offer very good monitoring systems, optimisation and automation. Idea of IoT devices has actually being applied to millions of web applications.

This is an era of technology and several numerous emerging technologies combined with artificial intelligence play a crucial role in technology transformation.

Due to the Internet of Things (IoT) and its ecosystem devices are connected with each other in one network. All technologies have influenced users’ daily routine and working style by integrating different technologies such as Bluetooth, RFID, Wi-Fi and Zigbee over wireless networks.

In this blog, we shall discuss the Role of internet of Things on Supply Chain Management.

The operation and management of supply chain and logistics industry’s fulfillment are changing dramatically with combination of data analytics, mobile computing and cloud services- all these technologies support IOT (Internet of Things). IOT in logistics is projected to generate a $1.9 trillion value in the next decade.

Source MarketsandMarkets

With the help of IT solutions for logistics and emerging technologies the business owner and end user can make their business operation and management seamless with innovative ways.

1. Smooth Supply Chain Management

2. Advanced Inventory and internet Warehouse Management

3. Connecting Fleet Management

4. Physical Asset Movement and Delivery

5. Field-service Vehicles

6. Consumer Transportation

Deploying the unending potential that IoT can offer, one must keep in mind the above mentioned points.

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