IoT Changing the Electronics Manufacturing Industry

Abstract

Manufacturing companies supply goods and services to larger businesses, which makes them an essential part of the global value chain. The electronics industry is undergoing a rapid transformation due to the Internet of Things (IoT). The company that has probably risen to the top the fastest is the electronic marketplace. IoT is the ability to efficiently gather and distribute data when all physical objects have connections to the internet. By attaching sensors to these devices, digital intelligence is created, enabling real-time data communication without the need for human intervention. The introduction of IoT in the electronic manufacturing sector aims to further transform the sector's operating and managing practices by reevaluating the basic working process. Moreover, utilising IoT in the electronics sector will assist in overcoming the obstacles that the pandemic has brought about. IoT technology has changed the way manufacturers interact with their customers, allowing them to quickly respond to customer needs and demands. With the use of IoT sensors, manufacturers can monitor and control the quality of their products, ensuring that they meet customer expectations. Additionally, IoT technology has allowed manufacturers to quickly and accurately track inventory levels, allowing them to better manage their resources and reduce waste.