Improving Supply Chain Visibility Using IoT - Internet of Things

Shaik Shasha Vali

Abstract: The Internet of Things (IoT) solutions transform dark, unintelligent, and isolated assets into illuminated, intelligent, and connected assets. Future technologies, such as IoT, must be used to increase supply chain visibility. IoT apps provide actionable intelligence from real - time and historical (pseudo - or non - real time) data mixtures to assist businesses in making decisions. Applications serve as the user interface via which users can benefit from IoT's capability. In order to improve visibility, this paper identifies supply chain pain points. With today's more complicated networks, multimodal distribution, and growing number of stakeholders, end - to - end supply chain visibility is more crucial than ever. Modern solutions that close visibility gaps at a lower cost, increase speed and efficiency, reduce loss, and boost competitive levels of customer service and satisfaction are required by changing economic conditions in diverse industries like manufacturing, inventory, and shipping. Other elements that make it more exciting to manage a supply chain are shorter product cycles, complicated products, a shrinking vertical range of manufacture, global procurement, uncertain markets, and an increase in natural disasters.

Keywords: Internet of Things; Supply chains; Intelligent interconnections; Resources allocation