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Main Author: Prashant Awasthi
Format: Recurso digital
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Published: Zenodo 2021
Online Access:https://doi.org/10.5281/zenodo.15107499
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author Prashant Awasthi
author_facet Prashant Awasthi
contents <p>The Integration of Automation and Internet of Things (IoT) into supply chain businesses is revolutionizing conventional processes, offering unprecedented prospects of efficiency, transparency, and innovation. This study investigates the opportunity and challenges of applying these technologies to supply chain management. Some of the major benefits include real-time product tracking, preventive maintenance of equipment, better inventory management, and full cost optimization. With the ability of IoT-facilitated automation, companies can automate operations, enhance efficiency, conserve resources, and make better decisions through intelligence. However, cybersecurity risks, high implementation costs, interoperability issues, and data protection remain major disincentives. Through this paper, a detailed analysis of such issues is elaborated while gaining insights regarding how businesses can effectively deploy Automation and IoT in tandem to optimize the supply chain functions and remain relevant in an exponentially evolving digital marketplace.</p>
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publishDate 2021
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spellingShingle Usage of Automation and IoT (Internet of Things) for Supply Chain industries Opportunities and challenges
Prashant Awasthi
<p>The Integration of Automation and Internet of Things (IoT) into supply chain businesses is revolutionizing conventional processes, offering unprecedented prospects of efficiency, transparency, and innovation. This study investigates the opportunity and challenges of applying these technologies to supply chain management. Some of the major benefits include real-time product tracking, preventive maintenance of equipment, better inventory management, and full cost optimization. With the ability of IoT-facilitated automation, companies can automate operations, enhance efficiency, conserve resources, and make better decisions through intelligence. However, cybersecurity risks, high implementation costs, interoperability issues, and data protection remain major disincentives. Through this paper, a detailed analysis of such issues is elaborated while gaining insights regarding how businesses can effectively deploy Automation and IoT in tandem to optimize the supply chain functions and remain relevant in an exponentially evolving digital marketplace.</p>
title Usage of Automation and IoT (Internet of Things) for Supply Chain industries Opportunities and challenges
url https://doi.org/10.5281/zenodo.15107499