INTERNET OF THINGS IN LOGISTICS: CHARACTERISTICS, ADVANTAGES, DEVELOPMENT PRACTICES

Author(s): Abramov V.I., Fayzullina A.M.

Rubric: Management

DOI: 10.21777/2587-554X-2024-3-98-105

Release: 2024-3 (50)

Pages: 98-105

Keywords: logistics, logistics processes, supply chains, digital transformation, dig-italization, digital technologies, Internet of things, IoT

Annotation: Effective management of logistics processes in an environment of rapid change is becoming a prerequisite for increasing the competitiveness of enterprises and improving customer service. The Internet of Things is a mod- ern technology that is widely used in business and has significant potential for increasing its effi-ciency. This digital toolkit is being actively adopted by companies around the world, and its use is especially important when improving logistics processes. The aim of this article is to investigate the features of implementing the Internet of Things in logistics, identify the business advantages of adopting this approach, and highlight best practices for managing logistics processes in real-time. The research methodology is based on a systematic approach used in the analysis of complex economic systems, and uses general scientific methods of knowledge: analysis, comparison, logical reasoning, collection of facts, synthesis, as well as a structural approach. The advantages of using the Internet of things in logistics in general and in supply chains in particular are considered. It is shown that Internet of Things technologies can significantly improve the operational processes of logistics com-panies, providing meaningful data and improving interaction with customers.

Bibliography: Abramov V.I., Fayzullina A.M. INTERNET OF THINGS IN LOGISTICS: CHARACTERISTICS, ADVANTAGES, DEVELOPMENT PRACTICES // Economics and Management. – 2024. – № 3 (50). – С. 98-105. doi: 10.21777/2587-554X-2024-3-98-105