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Industrial Internet of Things: How Industrial Internet of Things Impacts the Supply Chain
Abstract
Industrial Internet of Things (IIoT) refers to the extension of the Internet of Things and It is used for industrial purposes such as manufacturing, supply chain.IIoT can be connected with billions of industrial devices and machines that supported machine learning and big data technology. Because of its potential to authorize faster and better decision making, the IIoT becomes essential for supply chain processes. The IIoT is set to revolutionize the supply chain with both operational efficiencies and revenue opportunities made possible with just this type of transparency. This study attempts to fill this gap by developing a conceptual framework for predicting the advantage of the IIoT and supply chain performance. This chapter synthesizes existing literature reviews and making bibliometric analysis on the IIoT and supply chain. Additionally, It also outlines avenues and opportunities for future research aiming at the contribution of the IIoT to Supply Chain processes.
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