Application and value of Internet of Things in enterprise supply chain management

Author:

Li Zhiyuan,Luo Fangyuan

Abstract

With the rapid development of Internet of Things technology, its application value in various fields has been widely concerned, especially in enterprise supply chain management. By connecting the physical world with the digital world, IoT technology helps companies monitor and manage all aspects of the supply chain in real time, thereby increasing efficiency, reducing costs, improving risk management, and increasing customer satisfaction. This paper studies the application and value of the Internet of Things in enterprise supply chain management in detail, first introduces the basic concept of the Internet of Things and its role in supply chain management, then builds an enterprise supply chain management model based on the Internet of Things, and analyzes the specific application of the Internet of Things in each link of the supply chain. Then, using relevant data and formulas to simulate and analyze the specific value of IoT technology in improving supply chain efficiency, reducing cost and improving risk management, the research results are summarized, and suggestions are put forward on how to better apply IoT technology. The results show that the Internet of Things technology provides important support for the optimization of enterprise supply chain management and helps enterprises to improve their competitiveness.

Publisher

IOS Press

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