Internet of things: Applications and challenges for supply chain management

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Shee, Himanshu ORCID logoORCID: https://orcid.org/0000-0002-6990-154X (2024) Internet of things: Applications and challenges for supply chain management. In: Palgrave Handbook of Supply Chain Management. (Reference work ed.) Springer International Publishing, pp. 1197-1215.

Abstract

The Internet of Things (IoT) is a growing ubiquitous technology, powered with radio-frequency identification (RFID) tags embedded in devices with wireless, mobile, and sensor capability, which can capture and share data seamlessly in an information network. The scholarly and practice fields of IoT has been growing rapidly and is indicative of this technology's maturity. Its applications are widespread with enormous potential for future deployment across industry sectors. To understand the development of IoT in supply chain management, this chapter reviews IoT for digital transformation (SCM 4.0) within Industry 4.0. We put forth some technological and business challenges facing the adoption decision. This chapter summarizes the latest development of IoT applications and trends, and identifies other disruptive technologies that can complement IoT and supply chain management amid technological and business challenges. Areas of future concerns and directions are also presented.

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Item type Book Section
URI https://vuir.vu.edu.au/id/eprint/49483
Edition Reference work
DOI 10.1007/978-3-031-19884-7_78
Official URL https://doi.org/10.1007/978-3-031-19884-7_78
ISBN 9783031198830
Subjects Current > FOR (2020) Classification > 3509 Transportation, logistics and supply chains
Current > Division/Research > VU School of Business
Keywords IoT, Internet of Things, supply chain, radio frequency identification, RFID, information network
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