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

Journal of Supply Chain Management Systems

Volume 10 Issue 1 & 2

Published: 2021
Author(s) Name: Shivam Kamat, Avadhesh Dalpati | Author(s) Affiliation: S.G.S.I.T.S., Indore, Madhya Pradesh, India.
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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

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