Configuration based on Industry 4.0 technologies as a step towards an affordable smart warehouse

Abstract

The rise of Industry 4.0, marked by its focus on digitalization and intelligent technologies, is redefining traditional warehouse operations within smart cities. This new era leverages tools like Artificial Intelligence (AI) and the Internet of Things (IoT) to create automated solutions that address the complex challenges faced by modern urban centers. While smart cities grapple with interconnected issues, traditional methods often fall short. Data-driven, technology-powered solutions offer a more efficient approach. In the field of logistics, innovative warehouse solutions are emerging to address the growing complexities of the supply chain. One major challenge faced by many small businesses is inaccurate inventory knowledge, leading to inefficient warehouse management. This research proposes a cost-effective solution that utilizes Industry 4.0 technologies, specifically AI and IoT, to optimize inventory control and reorder point forecasting. This approach aims to democratize warehouse efficiency in smart cities by making it accessible to businesses of all sizes. This paves the way for a “smarter” future, upgrading warehouses with intelligent yet affordable solutions.