The Potential of Embedded Systems in Optimizing Industrial Logistics
In order to keep up with the ever-changing demands of industrial logistics, new methods are needed to improve productivity, accuracy, and safety. In response, this study presents an innovative approach to improve industrial logistics by bringing together Adaptive Routing and Scheduling, Demand Forecasting enabled by the Internet of Things, and Blockchain Supply Chain Security. These three components combined produce a dynamic, data-driven strategy that vastly exceeds previous techniques. The real-time flexibility of Adaptive Routing and Scheduling makes it possible to continually optimize routes considering dynamic conditions like traffic and service outages. This improves operating efficiency and reduces costs by compensating for the drawbacks of predetermined, static routes used by more conventional approaches. Data-driven predictive analytics for improved demand forecasting are made possible by IoT-Enabled Demand Forecasting, which makes use of the Internet of Things to its full potential. It outperforms conventional, less accurate methods of demand forecasting by enabling proactive inventory management and supply chain modifications, therefore reducing surplus stock, and increasing overall efficiency. As a result, a more cutting-edge and efficient method of meeting the ever-evolving needs of logistics management emerges: the combination of Adaptive Routing and Scheduling, IoT-Enabled Demand Forecasting, and Blockchain Supply Chain Security.
Authors
- L. Bhagyalakshmi
- M. Kishorekumar
- Neelamegam Devarasu (ORCID: https://orcid.org/0000-0001-7163-6506)
- Hariprasad Bhupathi
- Srikiran Chinta
- K. Venu
Institutions
- Vel Tech Rangarajan Dr. Sagunthala R&D Institute of Science and Technology (IN)
- Kalinga University (IN)
- Karpagam Academy of Higher Education (IN)
Publication Details
- Published
- 2024-12-13
- DOI
- https://doi.org/10.1109/ictbig64922.2024.10911199
- Primary Topic
- Transport and Logistics Innovations
- Type
- article
- Field-Weighted Citation Impact
- 0.00