The Impact of Internet of Things in Manufacturing Management

Abstract

The study investigated the impact of the Internet of Things in manufacturing management. Specifically, the study examined how IoT implementation and management affect organizational efficiency in Camanov Ltd . ; and to what ext ent IoT implementation contribute s to the saving of cost and time of the organization. The research design is a survey. The population of this study consis ted of all 141 staff of Camanov Ltd . Port Harcourt. Since the population is n ot large, the researcher conducted a census of all, and 126 staff completed a structured questionnaire. The two research questions were analyzed using simpl e percentages and all two hypotheses were tested using sample proportion statistics (Z test) at a 0.05 level of significance. The result showed that the Inte rnet of Things has a significant impact on organizational efficiency in Camanov Ltd . (Z = 4.73); and that the Internet of Things significantly contribute s toward saving cost and time of the organization Camanov Ltd (Z = 4.95). It was recommended that organizations should encourage training of personnel in the improved limitless possibility of information gathered from the Internet o f Things framework which support s planning, budgeting and monitoring appr oaches, providing more reliable information to support actions, in particular in the decision-making process, to enhance productivity.