Supply Chain Management in Manufacturing Industry using Internet of Things

Abstract

Supply chain Management includes moving and storing the materials used to produce goods, storing the finished products until they sell and tracking where sold products go so that you can use that information to drive future sales. It includes the integrated planning and execution of processes required to manage the movement of materials, information and financial capital in activities that broadly include demand planning, sourcing, production, inventory management and storage, transportation and returning excess or defective products. It relies on both business strategy, specialised software and collaboration to work. Supply chain management is most important for any company to reduce operating costs and maximise profits. With the help of the Internet of Things (IoT), it becomes easier to track the state and progress of the product throughout the manufacturing process. A well-optimised Logistics Management (Vehicle Routing) and Warehouse batching could improve production efficiency and reduce working time, increasing profits. This paper aims to develop an application for Vehicle routing with live tracking and Inventory management.