Title: Implementation of internet of things in micro, small, and medium enterprises: a case study

Authors: Parikshit Dinesh Sarulkar; S. Kumar; Anish Kumar; Vineet Kumar Yadav

Addresses: Department of Production Engineering, National Institute of Technology, Tiruchirappalli, Tamil Nadu, 620015, India ' Department of Production Engineering, National Institute of Technology, Tiruchirappalli, Tamil Nadu, 620015, India ' Jindal Global Business School, OP Jindal Global University, Sonipat, 131001 India ' Department of Production Engineering, National Institute of Technology, Tiruchirappalli, Tamil Nadu, 620015, India

Abstract: Micro, small, and medium enterprises (MSMEs) play a vital role in India's economic growth. MSMEs operating in the scrap management sector encounter two main concerns about the transportation cost and scheduling of vehicles. To solve these issues, MSMEs are trying to adopt emerging technologies such as automatic scrap storage, inventory control, and retrieval systems. However, MSMEs are reluctant to implement these technologies due to their pre-assumption of high adoption costs and expected benefits. The present study focused on the effective IoT implementation in vehicle loading to reduce transportation costs and trips in MSMEs. The case study of the scrap managing company has been considered to show the benefits of IoT implementation in MSMEs. The simulation was performed using FlexSim, and the results have confirmed that the IoT implementation can improve vehicle loading by 38% and reduce transportation costs by 38.6%. The outcomes highlight the benefits of IoT deployment in MSMEs.

Keywords: micro, small, and medium enterprises; MSMEs; scrap management; IoT implementation; transportation; FlexSim simulation.

DOI: 10.1504/IJISE.2024.138891

International Journal of Industrial and Systems Engineering, 2024 Vol.47 No.2, pp.160 - 175

Received: 02 Aug 2022
Accepted: 02 Sep 2022
Published online: 03 Jun 2024 *

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