The Role of IoT and Big Data in Supply Chain Processes
摘要
Supply chain management stands at the crossroads of a digital revolution. In this era of interconnected devices and vast data reservoirs, the advent of the Internet of Things (IoT) and of Big Data (BD) have brought about transformative changes in supply chain management. Through an in-depth examination of key characteristics, enablers, and challenges, this chapter uncover how IoT and BD are revolutionizing the supply chain landscape. This chapter explores the applications of IoT and BD, highlighting the remarkable impact and benefits on supply chain processes. Real-world examples of organizations utilizing these technologies emphasize their added value, from optimizing inventory to enhancing food traceability. Nevertheless, the chapter looks at the technological challenges, including data quality, security, and governance issues. By navigating these complexities and strategically implementing IoT and BD solutions aligned with business objectives, organizations can gain a competitive edge in the dynamic world of supply chain management.