Abstract
Abstract Paper aims This paper aims to identify the degree of interest and expected return time on investment in Internet of Things (IoT) and Big Data Analytics (BDA) technologies by Brazilian logistics companies. Originality A logistics system that meets the requirements imposed by Industry 4.0 is known as Logistics 4.0. According to the current scientific literature, IoT and BDA technologies are the most promising for the Logistics 4.0 applications. Studies on the adoption of these technologies in Brazil are still embryonic and this paper collaborates to narrow this knowledge gap. Research method Exploratory research was conducted using the quantitative approach. Main findings The evidence of the interest in investment in IoT and BDA by Brazilian logistics companies, confirming the current literature. Implications for theory and practice The identification of the intended practical applications for Iot and BDA, as well as the expected difficulties in the implementation of these Technologies.
Highlights
Logistics is an important component of the supply chain management
Paper aims: This paper aims to identify the degree of interest and expected return time on investment in Internet of Things (IoT) and Big Data Analytics (BDA) technologies by Brazilian logistics companies
This study aims to identify the degree of interest and expected return time on investment in Internet of Things (IoT) and Big Data Analytics (BDA) technologies by Brazilian logistics companies
Summary
A logistics system manages the flow of materials and information, managing the movement and efficient storage of data, goods, and services. The goal of a logistics system is to deliver finished products to the end customer at appropriate level of service and quality, with the lowest possible costs (Strandhagen et al, 2017). For Hofmann & Rüsch (2017), Industry 4.0 is a current theme, as it has potential to affect several industrial segments, transforming the way products are designed, manufactured, paid and delivered to the end customer. For the full potential promised by Industry 4.0 to be achieved, a logistics system aligned with its concepts is necessary. According to Witkowski (2017), several emerging technologies can be applied to the Logistics 4.0 concept. The most promising emerging technologies in this field are Internet of Things (IoT) and Big Data Analytics (BDA)
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