12Role of IoT in Supply-Chain Management Processes

Usha Yadav and Sheetal Soni

DOI: 10.1201/9781003353034-12

12.1 INTRODUCTION

In order to compete in the modern business management environment, individual firms must participate actively in the larger supply chain (SC), which is a network of several enterprises and partnerships [1]. Supply-chain management (SCM) and logistics have seen notable transformations in past few years in upcoming smart cities [2]. Competitive pressure has fuelled the growing interest in SCM and logistics, which has eventually elevated it to become a crucial component of business operations and strategy [3]. The fourth industrial revolution's new business prospects and technology developments provide the manufacturing ...

Get Convergence of IoT, Blockchain, and Computational Intelligence in Smart Cities now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.