Role of Internet of Things in Supply Chain Management

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Tarih

2022

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Serüven Publishing

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info:eu-repo/semantics/openAccess

Özet

The emergence of supply chain concepts has been observed since the 1980s (Giordano-Spring, S. and Works, S., 2006); the emphasis was on the abolition of old concepts centered on constrained logistics such as transportation and warehousing. Supply chain management is a critical part of innovation in managing materials, information flows, and finances (Sun, W. et al., 2022), from the initial stage of giving raw materials to the supplier to the final delivery to the end consumer. Supply chain management and its 6 stages are provided in the figure below. Supply chain management is a complete package involving management activities for following the products, items, or services in a company or an organization from raw material to manufacturing company, the finished products to distribution, and the final consumer in such a way that the cost gets minimized. (Kothari, S. et al., 2018). As a result, it is accurate to say that supply chain activities cover all facets of the development of product logistics, including tasks related to manufacturing and production, sourcing and transportation, inventory management, warehouse management, and shipping. Over the years, the global supply chain system phone has benefited from lower wages as well as the purchase of inexpensive raw materials from some countries (Kothari, S. et al., 2018)

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International Research in Engineering

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Künye

Aylak, Batin L. (2022). International Research in Engineering içerisinde Role of Internet of Things in Supply Chain Management. Serüven Publishing, 223-236.