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Real-Time Information Flow Across the Supply Chain—An Overview

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Emerging Trends in Mechanical and Industrial Engineering

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Abstract

The information flow is very important for proper coordination between the concerned stakeholders through the supply chain and for achieving the objectives of Industry 4.0 and the objectives of the ensuing industrial revolutions. Several new technologies are being introduced to gather real-time information about demand, stock level, product location, etc., on supply chain management. A basic overview of the three important techniques, namely Internet of Things, blockchain, and big data analytics that have been proposed by some researchers for obtaining real-time information across the supply chains is presented in this paper. Internet of Things, blockchain, and big data analytics can improve the functioning of the supply chain in all necessary aspects but, there are ample challenges to be addressed for the successful implementation of these new-age techniques.

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Ahmad, Z., Sanjog, J. (2023). Real-Time Information Flow Across the Supply Chain—An Overview. In: Li, X., Rashidi, M.M., Lather, R.S., Raman, R. (eds) Emerging Trends in Mechanical and Industrial Engineering. Lecture Notes in Mechanical Engineering. Springer, Singapore. https://doi.org/10.1007/978-981-19-6945-4_35

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  • DOI: https://doi.org/10.1007/978-981-19-6945-4_35

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  • Print ISBN: 978-981-19-6944-7

  • Online ISBN: 978-981-19-6945-4

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