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Cited by 129Supply Chain and Inventory ManagementDigital Transformation in IndustryImpact of AI and Big Data on Business and Society

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Impact of Internet of Things (IoT) on Inventory Management: A Literature Survey

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Mashayekhy, Yasaman, Babaei, Amir, Yuan, Xue-Ming, Xue, Anrong·2022·Logistics
DOI 10.3390/logistics6020033
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Abstract

Background: The advancement of Industry 4.0 technologies has affected every aspect of supply chains. Recently, enterprises have tried to create more value for their businesses by tapping into these new technologies. Warehouses have been one of the most critical sections in a supply chain affected by Industry 4.0 technologies. Methods: By recognizing the role of inventory management in a supply chain and its importance, this paper aims to highlight the impact of IoT technologies on inventory management in supply chains and conducts a comprehensive study to identify the research gap of applying IoT to inventory management. The trend and potential opportunities of applying IoT to inventory management in the Industry 4.0 era are explored by analyzing the literature. Results: Our findings show that the research on this topic is growing in various industries. A broad range of journals is paying particular attention to this topic and publishing more articles in this research direction. Conclusions: Upgrading a supply chain into an integrated supply chain 4.0 is beneficial. Given the changes in fourth-generation technology compared to previous generations, the approach of conventional inventory replenishment policies seems not responsive enough to new technologies and is not able to cope with IoT systems well.

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Metadata

Authors
Mashayekhy, Y., Babaei, A., Yuan, X.-M., & Xue, A.
Affiliations
  • Agency for Science, Technology and Research (SG)
  • Friedrich-Alexander-Universität Erlangen-Nürnberg (DE)
  • Jiangsu University (CN)
Corresponding author
Mashayekhy, Yasaman
ORCID
Venue
Logistics
Publisher
MDPI AG
Published
2022-05-26
Volume
6
Issue
2
Pages
33
ISSN
2305-6290 (ISSN-L)
DOI
10.3390/logistics6020033
OpenAlex
W4281624115
Cited by
129
References
0
Citations by year
2026: 17 · 2025: 33 · 2024: 38 · 2023: 38 · 2022: 3
FWCI
26.92
Type
journal article
Language
en
Open access
Licence
Locations
  • Logistics (publishedVersion, cc-by)
  • RePEc: Research Papers in Economics (submittedVersion)
  • DOAJ (DOAJ: Directory of Open Access Journals) (submittedVersion, cc-by-sa)
  • Econstor (Econstor) (submittedVersion, cc-by)
  • OPUS Repository (Kooperativer Bibliotheksverbund Berlin-Brandenburg) (submittedVersion, cc-by)
Topics
  • Social Sciences › Decision Sciences › Management Science and Operations Research › Supply Chain and Inventory Management
  • Physical Sciences › Engineering › Industrial and Manufacturing Engineering › Digital Transformation in Industry
  • Social Sciences › Decision Sciences › Management Science and Operations Research › Impact of AI and Big Data on Business and Society
Keywords
Internet of Things, inventory management, Industry 4.0, supply chain, warehouses, inventory replenishment policy, supply chain integration, research gaps

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