Study of Internet of Things Based Inventory Management System

Authors

  • Golwala Abeezer Research Scholar, MCA Thakur Institute of Management Studies, Career Development & Research (TIMSCDR) Mumbai, India

Keywords:

Inventory Management System, RFID, Supply Chain Management, IoT, Inventory Optimization

Abstract

In creating ventures and the consistent requests of the item variety, customary Inventory Management model cannot accomplish that, because of its hefty responsibility and low effectiveness. This paper presents another kind of keen Inventory Management System dependent on the IoT and clarifies the standards and design of it. This framework enjoys incredible benefits contrasted with the conventional mode, and we anticipate great possibilities for its turn of events. Stock Management is a vital territory for client care and cost improvement in any assembling arrangement. As organizations turn worldwide and have a great many segments and many distribution centers the stock turns into a bad dream and a ton of time are spend in following stock and guaranteeing right shipments. Customary frameworks of automated arms for stock pick and drop have been founded on premises of checking spaces of the distribution center and following it.

How to cite this article:
Abeezer G. Study of Internet of Things Based Inventory Management System. J Adv Res Eco Busi Mgmt 2021; 4(1): 10-16.

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Published

2021-05-30

How to Cite

Golwala Abeezer. (2021). Study of Internet of Things Based Inventory Management System. Journal of Advanced Research in Economics and Business Management, 4(1), 10-16. Retrieved from https://adrjournalshouse.com/index.php/Journal-Economics-BusinessMgt/article/view/1291