Improving Supply Chain Management: A Comparative Study on Internet of Things Adoption in SMEs of Philippines and Asian Countries
David Ryan Elajas,
Hanz Lester J. Julian,
Rechelle A. Miranda and
Aira Mae A. Ramos
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David Ryan Elajas: Bachelor of Science in Office Administration, Polytechnic University of the Philippines – Parañaque City Campus
Hanz Lester J. Julian: Bachelor of Science in Office Administration, Polytechnic University of the Philippines – Parañaque City Campus
Rechelle A. Miranda: Bachelor of Science in Office Administration, Polytechnic University of the Philippines – Parañaque City Campus
Aira Mae A. Ramos: Bachelor of Science in Office Administration, Polytechnic University of the Philippines – Parañaque City Campus
International Journal of Research and Innovation in Social Science, 2024, vol. 8, issue 8, 1091-1112
Abstract:
The study examines how adoption of IoT in SMEs in the Philippines and other Asian countries can significantly improve SCM. The study’s objective is to understand present state of IoT adoption in Philippines, its benefits and challenges, and how it can impact SCM. This paper’s key findings include IoT’s significant impact on SMEs, specifically in the SCM sector. This paper also highlights the challenges SMEs face such as resistance to change and limited resources. Considering these challenges, this study recommends policies to address these and at the same time enhance the successful adoption of IoT in the Philippines. The study used comparative analysis and thematic analysis to evaluate the gathered data finding valuable insights such as the importance of policies and strategies to successful adoption of IoT.
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:bcp:journl:v:8:y:2024:i:8:p:1091-1112
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