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April to June 2024 Article ID: NSS8613 Impact Factor:8.05 Cite Score:607 Download: 32 DOI: https://doi.org/ View PDf
A Study of IoT, Industry 4.0, and the Benefits of Big Data Science in Supply Chain Management
Dr. Yogendra Singh Thakur
Prof. SIRTE, Management, Bhopal (M.P.)
Abstract: The integration of the Internet of Things (IoT) and Industry 4.0 concepts into supply chain management (SCM) has revolutionized the field, enhancing efficiency, transparency, and resilience. Big data science further amplifies these benefits by enabling predictive analytics, real-time decision-making, and strategic planning. This research paper examines the synergistic impact of IoT, Industry 4.0, and big data on SCM, exploring technological advancements, practical applications, benefits, and challenges. The study underscores the transformative potential of these technologies in creating a more agile, responsive, and intelligent supply chain.
Keywords: Internet of Things, Applications, Technology, integration, SCM, challenges.
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