Introduction: IoT and Supply Chain Management: Enhance Logistics. The Internet of Things (IoT) and Supply Chain Management (SCM) have emerged as two pivotal forces revolutionizing how businesses operate in the modern era.
IoT, a network of interconnected devices capable of exchanging data and information without human intervention, is transforming SCM. It’s not just about managing and optimizing all aspects of the supply chain process of goods and services.
It’s about automating and digitizing these processes to achieve greater operational efficiencies and reduce operating costs. The massive proliferation of IoT devices has truly revolutionized the supply chain.
This article analyzes the intersection of IoT and SCM, focusing on how IoT technology enhances logistics within supply chains.