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Supply chain management 4.0 and IoT technology

By: Contributor(s): Publication details: Kolkata CMA Kaushik Banerjee 2022Edition: Vol.57(10), OctDescription: 46-48pSubject(s): Online resources: In: Management and accountant journalSummary: SCM is the chain link process from supply of raw materials to end users. For this various technologies are being used in SCM 4.0. This article explores the use of IoT technology in SCM and its challenges. Technology plays a key role in the development of industry and SCM, but there are certain challenges in adopting them. The IoT makers can look up to it and provide better solutions. The business should look to adopt various technologies like IoT for their growth and betterment of the economy.
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SCM is the chain link process from supply of raw materials to end users. For this various technologies are being used in SCM 4.0. This article explores the use of IoT technology in SCM and its challenges. Technology plays a key role in the development of industry and SCM, but there are certain challenges in adopting them. The IoT makers can look up to it and provide better solutions. The business should look to adopt various technologies like IoT for their growth and betterment of the economy.

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