Impact of IoT on Supply Chain Performance

Purpose: To increase the understanding of the IoT by demonstrating its impacts and benefits on supply chain performance. Design/methodology/approach: System dynamic simulation modeling to estimate IoT impacts on supply chain performance, based on a previously proposed framework and its propositions....

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Detalles Bibliográficos
Autores: Monsreal, Mario M, Carmona Benitez, Rafael Bernardo
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2022
País:México
Institución:UNIVERSIDAD NACIONAL AUTÓNOMA DE MÉXICO
Repositorio:Journal of Applied Research and Technology
Idioma:inglés
OAI Identifier:oai:ojs2.localhost:article/1957
Acceso en línea:https://jart.icat.unam.mx/index.php/jart/article/view/1957
Access Level:acceso abierto
Palabra clave:Supply Chain Performance
Internet of Things
IoT
Simulation
Case Studies
Descripción
Sumario:Purpose: To increase the understanding of the IoT by demonstrating its impacts and benefits on supply chain performance. Design/methodology/approach: System dynamic simulation modeling to estimate IoT impacts on supply chain performance, based on a previously proposed framework and its propositions. Findings: In general, simulation results show a positive impact on the supply chain activities where the propositions targeted. Specifically: P2: better decision-making. – The study case shows better asset utilization, and reduced shipping time. However, transportation costs increase because of the lack of a decision-making system. P3: enhanced supply chain connectivity/collaboration/integration. – The study case shows that benefits of supply chain integration through demand planning can be obtained. P5: reduced lead-time. – The study Case shows a reduced shipping time when location technology and when all technologies are combined. P6: better asset utilization. – The study Case shows a higher utilization factor, hinting a better asset utilization even without a decision-making system. Research limitations/implications: The models here presented are based on merged data from different sources: Primary and secondary sources, and estimates based on assumptions. The mere nature of the base-data limits the precision of results. Practical implications: The implementation of data collection or data transmission technologies alone is not sufficient to obtain full benefits. A decision-making processing system, that integrates the complete array of appropriated technologies, should also be implemented. This the underlying concept and the contribution of the IoT.