Integrating the Internet of Things in Electronic Business Inventory Management Systems

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Rahimi Hanieh

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Journal Paper

Paper Information

Journal: Arman Process Journal Year:2024 | Volume:5 | Issue:1 Page(s): 53-61

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Information Journal Paper

Title

Integrating the Internet of Things in Electronic Business Inventory Management Systems

Author(s)

Rahimi Hanieh | Issue Writer Certificate

Keywords

E-business

Internet of Things Aggregation

Inventory Management

real-time tracking

operational efficiency

Abstract

Internet of things is considered as the most important high-level technology in the recent decades. Smart devices that are added to the Internet of Things ecosystem create a significant capacity for the development of electronic businesses. Currently, we are witnessing the impact of the Internet on all sectors of society. With the growth of communication networks and the Internet of Things, tremendous changes are taking place in e-commerce. In this area, the effective integration of Internet of Things technology in electronic business Inventory Management systems has the potential to create a huge transformation in the industrial and commercial parts. This article examines the effective integration of Internet of Things in the Inventory Management sector in the field of electronic businesses and highlights its impact on system productivity, operational accuracy and customer satisfaction. By reviewing related research, this study presents how the Internet of Things can improve real-time inventory tracking, reduce operating costs and increase user satisfaction. However, challenges such as high initial costs, data security concerns and the need for technical expertise still exist, and future researches should focus on solving existing challenges and discovering new applications of the Internet of Things in the field of Inventory Management, in order to obtain its full and optimal potential.

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