The Implementation Internet of Things in Inventory Management

Abstract

The IoT is changing the way businesses manage inventory. IoT connects everyday devices to the internet, creating efficient and connected devices that connect consumers directly to suppliers. Radio Frequency Identification (RFID) uses sensors to communicate between objects, called Internet of Things (IoT) technology. The use of web tools on electronic devices to transmit content on the Internet. In this case, we combine two technologies for better product management. With IoT, businesses can reduce the risk of overstock or out-of-stock products and can track their inventory in real time. IoT sensors and devices can also monitor products, providing businesses with valuable information about temperature, humidity, and other environmental factors. This information can be used to improve the supply chain, reduce waste, and ensure that the product is delivered to the customer in good condition. As part of this study, identifying the factors that affect companies use of IoT in inventory management. The results will be useful for IoT companies to understand what is relevant and improve their models. This study uses a qualitative research method, collects information from managers through interviews and observations, and conducts qualitative data analysis.