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