Abstract

Inventory management is vital in the industry because it allows manufacturers and wholesalers to efficiently store and manage information in the warehouse. Warehouse management provides the facility to control functions such as storing newly shipped products in available locations and tracking inventory information and product distribution for shipping. These complex processes in the warehouse management system require manufacturers and wholesalers to ensure that the warehouse operation is running smoothly and efficiently. The use of the Internet of Things (IoT) for automating industrial and household processes has been increasing rapidly in the last few years. This research focuses on IoT for tracking and monitoring inventory, providing an automated and efficient system for manufacturers and wholesalers. A comprehensive discussion has been conducted on IoT application layers and recommended sensors for inventory tracking and monitoring systems. This research also emphasizes applying IoT in inventory, logistics, and warehousing operations. Researchers have proposed an IoT-based system specifically designed to cater to the shortcomings of the existing inventory management systems.