Application of IoT in Logistics

Application of IoT in Logistics

Rishabh Singh

MBA Student, School of Business, Galgotias University, Greater Noida

Dr. Gaurav Gupta

Assistant Professor, School of Business, Galgotias University, Greater Noida

ABSTRACT
In this article, we will consider improving the effectiveness of the Internet of Things (IoT) for modern logistics and supply chain management. IoT offers innovative solutions to long-term topics, including inefficient persecution, delayed production, limited visibility and poor communication. By activating actual data exchange and intelligent monitoring, the Internet of the Internet improves logistics processes such as transportation, storage, distribution, and information processing. Integrating technologies like NB-IT and 5G further increases connectivity and scalability. In other words, logistics operations respond more efficiently and faster. The study highlights that current applications also enable technology and future prospects, while simultaneously managing implementation challenges. We conclude that developing sustainable and profitable business models with regard to technical and inexpensive hurdles for successful implementation of IoT in logistics is extremely important.