The Internet of Things (IoT) is the network of physical objects or

"things" embedded with electronics, software, sensors, and network

connectivity, which enables these objects to collect and exchange data
Inventory management :
The IoT sensors as well as RFID tags enable the learning of all crucial
item information such as the type of product, its availability, its
expiration date, without the necessity of any human involvement .
In the case of the customers, this allows them to check the availability of the
product. While in the case of the business owners, it aids in the monitoring of
the quantity as well as the quality of the item. Such as for for companies like
chaldal , sensors inspect to ensure if the warehouse temperature is less
enough for perishable items and alerts the system in case this is not so.

 Supply chain management :

The IoT sensors and RFID tags aid business in
staying updated over what is happening with the product, from its
location, its speed, conditions, etc. It provides accurate arrival time and
averts losses or wrong deliveries .

The devices also benefit customers, as they can keep track of where the
product is and when it will arrive at their doorstep. 

 Maintenance and Warranty

 
The IoT technologies are effective tools for remote assessment of
products and items as well as to predict their maintenance and analyze
their performance. They facilitate businesses with additional data
regarding how a product is adopted and also allow for anticipation and
prevention of breakdowns.
  
In case the company is notified by the sensors of the substandard
operating of a product, they can call the customer and alert the customer
and offer to repair or replace it in advance to avoid any difficulties in the
future. In case of a lost or stolen object, IoT helps to provide a
notification to alert the user.

 
 Customer Experience
 
IoT enables e-commerce businesses like chaldal to smoothly set
themselves apart from their rivals. Companies like chaldal are employing
IoT for garnering insights regarding the various items that are gaining
popularity on social media. This technology enables the retailers to
facilitate a more inclusive shopping experience for their consumers with
a greater degree of personalization results in the client satisfaction and
enhances their engagement.
 
IoT can smoothly aid in customized advertising as well as marketing for
e-commerce companies to be able to easily focus on a specific group of
customers. It can flawlessly detect the varying shopping patterns
through search trends and online browsing which allows business to sell
targeted items to their various customers without much difficulty.