The Role of Internet of Things (IoT) Technologies in Optimizing the Supply Chain of Startups
Keywords:
Internet of Things (IoT), supply chain optimization, startup businesses, blockchain, data security, qualitative researchAbstract
This study aims to explore how IoT technologies can enhance the efficiency, transparency, and flexibility of supply chains in startup businesses, addressing the potential benefits and challenges. A qualitative research methodology was adopted, utilizing semi-structured interviews with 22 participants from various startup companies engaged in supply chain operations. Data analysis was performed using thematic analysis to identify key themes and concepts. The research findings indicate that IoT technologies significantly contribute to improving supply chain efficiency, transparency, and flexibility. Furthermore, the integration of IoT with blockchain technology enhances trust and security within supply chains. However, data security and privacy concerns were identified as major challenges. The study concludes that IoT technologies hold substantial potential to provide competitive advantages to startup businesses in their supply chain operations. Effective management of security and privacy challenges is crucial for maximizing the benefits of IoT integration.
Downloads
References
Akbari, M., & Hopkins, J. L. (2022). Digital Technologies as Enablers of Supply Chain Sustainability in an Emerging
Economy. Operations Management Research. https://doi.org/10.1007/s12063-021-00226-8
Al-Rakhami, M., & Al‐Mashari, M. (2021). A Blockchain-Based Trust Model for the Internet of Things Supply Chain
Management. Sensors. https://doi.org/10.3390/s21051759
Aliahmadi, A., Nozari, H., & Ghahremani-Nahr, J. (2022). Big Data IoT-based Agile-Lean Logistic in Pharmaceutical
Industries. International Journal of Innovation in Management Economics and Social Sciences.
https://doi.org/10.52547/ijimes.2.3.70
Almalki, H. M. (2022). The Impact of Social Media, Big Data and IOT on the Supply Chain Management Performance. Global
Journal of Engineering and Technology Advances. https://doi.org/10.30574/gjeta.2022.12.3.0163
Cui, L., Gao, M., Dai, J., & Mou, J. (2020). Improving Supply Chain Collaboration Through Operational Excellence
Approaches: An IoT Perspective. Industrial Management & Data Systems. https://doi.org/10.1108/imds-01-2020-0016
Cvetković, A. S., Jokić, S., Adamović, S., Ristić, N., & Pavlović, N. (2020). Internet of Things Security Aspects. Zbornik
Radova Univerziteta Sinergija. https://doi.org/10.7251/zrsng2001027c
Ghahremani-Nahr, J., Nozari, H., & Sadeghi, M. E. (2021). Green Supply Chain Based on Artificial Intelligence of Things
(AIoT). International Journal of Innovation in Management Economics and Social Sciences.
https://doi.org/10.52547/ijimes.1.2.56
Haddud, A., DeSouza, A., Khare, A., & Lee, H. (2017). Examining Potential Benefits and Challenges Associated With the
Internet of Things Integration in Supply Chains. Journal of Manufacturing Technology Management.
https://doi.org/10.1108/jmtm-05-2017-0094
Iftekhar, A., & Cui, X. (2021). Blockchain-Based Traceability System That Ensures Food Safety Measures to Protect Consumer
Safety and COVID-19 Free Supply Chains. Foods. https://doi.org/10.3390/foods10061289
Jiang, W. (2019). An Intelligent Supply Chain Information Collaboration Model Based on Internet of Things and Big Data.
IEEE Access. https://doi.org/10.1109/access.2019.2913192
Kaur, A., Singh, G., Kukreja, V., Sharma, S., Singh, S., & Yoon, B. (2022). Adaptation of IoT With Blockchain in Food Supply
Chain Management: An Analysis-Based Review in Development, Benefits and Potential Applications. Sensors.
https://doi.org/10.3390/s22218174
Kieras, T., Farooq, M. J., & Zhu, Q. (2021). I-Scram: A Framework for IoT Supply Chain Risk Analysis and Mitigation
Decisions. IEEE Access. https://doi.org/10.1109/access.2021.3058338
Kumar, A., & Shoghli, O. (2018). A Review of IoT Applications in Supply Chain Optimization of Construction Materials.
https://doi.org/10.22260/isarc2018/0067
Maulana, H., Ginting, S. L. B., Aryan, P., Fadillah, M. R., & Kamal, R. N. (2021). Utilization of Internet of Things on Food
Supply Chains in Food Industry. International Journal of Informatics Information System and Computer Engineering
(Injiiscom). https://doi.org/10.34010/injiiscom.v2i1.5457
Rejeb, A., Keogh, J. G., & Treiblmaier, H. (2019). Leveraging the Internet of Things and Blockchain Technology in Supply
Chain Management. Future Internet. https://doi.org/10.3390/fi11070161
Rupasena, J., Rewa, T., Hemachandra, K. T., & Liyanage, M. (2021). Scalable Storage Scheme for Blockchain-Enabled IoT
Equipped Food Supply Chains. https://doi.org/10.1109/eucnc/6gsummit51104.2021.9482449
Shahzad, A., Zhang, K., & Gherbi, A. (2020). Intuitive Development to Examine Collaborative IoT Supply Chain System
Underlying Privacy and Security Levels and Perspective Powering Through Proactive Blockchain. Sensors.
https://doi.org/10.3390/s20133760
Tu, M. (2018). An Exploratory Study of Internet of Things (IoT) Adoption Intention in Logistics and Supply Chain
Management. The International Journal of Logistics Management. https://doi.org/10.1108/ijlm-11-2016-0274
Yadav, S., Garg, D., & Luthra, S. (2020). Development of IoT Based Data-Driven Agriculture Supply Chain Performance
Measurement Framework. Journal of Enterprise Information Management. https://doi.org/10.1108/jeim-11-2019-0369
Downloads
Published
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
