The manufacturing logistics application of the Internet of Things (IoT) that includes the resources to move a product or service from the supplier to the customer is called Supply Chain Management (SCM). SCM is a process that involves managing and coordinating all the activities involved in the production and delivery of a product or service, from procurement of raw materials and components to delivery to the end customer.
In the context of IoT, SCM can be enhanced by using connected devices and sensors to collect data and optimize the movement of goods and services. This includes real-time monitoring of inventory levels, shipping and transportation routes, and other critical aspects of the supply chain. By leveraging the power of IoT, manufacturers and logistics providers can improve the visibility and efficiency of their supply chains, reducing waste, and improving customer satisfaction.