Abstract:
Advancement of the new technologies has made rapid changes in
the industrial revolution of countries. Business enterprises are in
high competition among others to achieve the best efficient
products management process to gain a competitive advantage
through managing the business efficiently and cost-effectively.
Supply Chain Management is one of the main important processes
that highly focused on managing a business efficiently. Supply Chain
Management is the administration of the progression of
merchandises, enterprises, and incorporates all cycles that change
crude materials into definite items. It includes the dynamic
smoothing out of businesses' flexibly side, exercises to amplify
client worth and increase an upper hand in the commercial centre.
Internet of Things (IoT) is one popular technology that can be used
to efficiently streamline the Supply Chain Management process. The
idea of IoT in the context of Supply Chain Management is embedding
connectivity and intelligence using a wide range of devices across
the main stages of the Supply Chain Management process. IoT
technology influences the industries that have a positive impact on
the performance of Supply Chain Management. The intension of the
research is to conduct a review on the use of IoT technologies
embedded to the Supply Chain Management process as warehouse
management, remote monitoring technologies as well as to find
about its future directions in Sri Lankan context. Desk research has
done by referencing researches, reports, articles, and going through
the journals that are already done and published related to the
topic. Thus, the details are gathered within a short time to prepare
the details on the use of IoT technologies for the betterment of the
Supply Chain Management processes in Sri Lanka.
