In this paper, the IoT concept is examined and its potential effects on traditional supply chain management appraised, with particular emphasis on the automotive industry.
The Internet of Things (IoT), comprising millions of interconnecting communication devices, linked via the internet, and enabling information sharing globally (Davenport, 2013), is a growing reality and one likely to change the shape of supply chain management.
A report by Gartner (2014) predicts that IoT, a disruptive technology (Christensen, 2015), will completely transform logistics, and the report forecasts a thirty-fold increase in internet-connected physical devices by 2020. IoT will support the assembly and communication of supply chains in previously unknown ways, and therefore impact on how information is accessed and shared by supply chain managers, according to Gartner (2014).
Inhaltsverzeichnis (Table of Contents)
- Introduction
- The Internet of Things
- The Automotive Supply Chain
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This paper explores the concept of the Internet of Things (IoT) and its potential impact on traditional supply chain management, with a particular focus on the automotive industry.
- The evolving landscape of information gathering and distribution in the context of IoT
- The transformative potential of IoT for logistics and supply chain management
- The implications of IoT for automotive manufacturers, including new business models and customer value creation
- The role of sensors and data analytics in enhancing vehicle design, efficiency, and safety
- The challenges and opportunities associated with integrating IoT into the automotive supply chain
Zusammenfassung der Kapitel (Chapter Summaries)
- Introduction: The paper introduces the concept of the Internet of Things (IoT) and its potential to revolutionize supply chain management, particularly in the automotive industry. It highlights the rapid growth of IoT and its anticipated impact on logistics and information sharing within supply chains.
- The Internet of Things: This section delves into the concept of IoT, describing its origins and how it's transforming the physical world into an information system. It highlights the role of sensors and actuators in collecting and transmitting data, enabling access to vast amounts of information.
- The Automotive Supply Chain: This chapter examines the potential of IoT within the automotive supply chain. It discusses how IoT can foster collaboration between manufacturers, enable new business models, and create value for consumers through enhanced vehicle features and connectivity.
Schlüsselwörter (Keywords)
The primary keywords and focus topics of this paper include: Internet of Things, IoT, supply chain management, automotive industry, sensors, data analytics, vehicle design, efficiency, safety, business models, customer value, and collaboration.
Frequently Asked Questions
How does the Internet of Things (IoT) affect the automotive supply chain?
IoT connects millions of devices, enabling real-time information sharing, which enhances logistics, vehicle design, and safety within the supply chain.
What are the benefits of IoT for automotive manufacturers?
It allows for new business models, improved collaboration between partners, and the creation of additional customer value through connected features.
What role do sensors play in this context?
Sensors collect and transmit vast amounts of data, which are then analyzed to improve vehicle efficiency and monitor supply chain movements.
Is IoT considered a disruptive technology?
Yes, reports by Gartner and experts like Christensen classify IoT as a disruptive technology that completely transforms traditional logistics.
What are the challenges of integrating IoT?
Challenges include managing massive data flows, ensuring cybersecurity, and adapting existing supply chain structures to the new technology.
- Citation du texte
- Dipl.-Ing. Martin Greiner (Auteur), 2015, Automotive Supply Chain Management in the Internet of Things, Munich, GRIN Verlag, https://www.grin.com/document/308583
