INFLUENCE OF IOT ON SMART LOGISTICS

Received: 03rd May 2023; Revised: 28th August 2023, 4th September 2023, 12th September 2023; Accepted: 20th September 2023

Authors

  • Nisha Ravi Researcher, SP Jain School of Global Management, Mumbai, India
  • A Seetharaman Dean Research, SP Jain School of Global Management, Singapore
  • Vaidya Jayaraman Dean, UG Programs, SP Jain School of Global Management, Sydney, Singapore, Dubai & Mumbai

Keywords:

Supply Chain Management, Sustainability, IoT, Smart Warehousing

Abstract

The aim of this study is to present smart solutions to all logistics issues in an organization. Innovation in logistics is an indicator of modernity. The Internet of Things (IoT), which enables items to connect with one another and to other platforms, is one of the most significant developing technologies. In addition, the factors influencing the implementation of IoT in smart logistics should be studied to solve the current issues faced in the logistics industry. The IoT is a global network of smart devices that integrate the digital world, enhancing a logistics organization's productivity and efficiency. The Internet of Things is a logistics industry revolution enabling operations, transportation, storage, and all other necessary information at each logistics activity. Current models, in which enormous volumes of data are gathered and regulated, are called into question by the recent surge in the adoption of modern technologies into all managerial procedures. The key tenet of smart logistics is believed to form the foundation for the industry of the fourth industrial revolution. This change is built on various concepts in smart logistics.  Over the next ten years, the Internet of Things (IoT) will witness a significant shift in logistics. The implementation of IoT Logistics, practical instances of its application by transport businesses, and thoughts on the creation of new technologies are the main topics of this work. This study examines the potential of smart logistics to solve current supply chain management issues. The theoretical framework that guides this paper's investigation of IoT's impact on smart logistics.

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Published

2023-11-07