Research Article | Open Access
A STUDY ON BIG DATA AND IOT TO LEVERAGE THE SUPPLY CHAIN MANAGEMENT WITH SPECIAL REFERENCE TO BIG BASKET
Dr VijayaKumar N C
Pages: 350-356
Abstract
Big basket is considered to be one of the backbone for the economy and it contributes the major part towards the GDP of the country. In recent era the technology has an impact towards the growth of big basket around the country where IOT has the key role towards enhancement of technology among big basket. Though the productivity has been increased the implementation of optimized technology with big basket is questionable. Hence the main objective of the study is to analyse the impact on technology Industry 4.0 among small/ mediumfirms and for this purpose a sample of 7 companies were taken in to decision making process. The conclusion is that the crucial role of IOT practices and techniques on the establishment of a sustainable competitive advantage is based on Supply Chain Management. Therefore, maximizing IOT investment could lead firms to higher profitability and effectiveness.
Keywords
Supply Chain Management, IOT and Big basket.