A Review of IoT-Driven Innovations in Supply Chain Management

Supply Chain Management (SCM) worldwide makes major advancements through the Internet of Things (IoT) by enabling real-time monitoring and prediction analytics and automatic decision capabilities in worldwide deliver chains. Through IoT technology integration with Artificial Intelligence (AI) and blockchain and cloud computing the supply chain solves major operational problems including monitoring difficulties and waste reduction and regulatory compliance requirements and operation leadership deficits. The implementation of IoT for supply chain management encounters major adoption barriers from high installation costs combined with security risks and operability complications as well as limited scalability capacity that affects especially small to medium enterprises (SMEs) and developing markets. The evaluation paper examines the shifting impact of IoT in supply chain management which enhances performance metrics and brings greater clarity and strengthens supply chain resilience. A scientist studied existing papers and case studies to reveal several essential advantages which include better inventory management, predictive analysis systems and more effective supply-chain collaborations. The analysis emphasizes effective solutions for security privacy and moral and environmental issues to guarantee sustainable expanded IoT adoption. This paper delivers practical knowledge alongside best practices to help organizations adopt IoT systems which create adaptable efficient deliver chains with sustainability at their core thus achieving long-term market benefits in today’s complex global marketplace.