Supply Chain Dynamics With Sensor Integration for Consumer Electronics in Retail and E-Commerce

Anil Tiwari, Jeetu Sharma, Valappil Ansal, Hassan Falah Fakhruldeen, Abdul Aziz, Samiullah Khan, Ghulam Mustafa, Naveed Ahmad Jhamat, Ahmed Farouk

Abstract: In this innovative study, a cutting-edge dual-channel closed-loop supply chain model with sensor data integration for third-party recycling has been effectively developed. Our innovative study provides unmatched insights into the world of consumer electronics by examining the effects of fund management regulations and retail e-commerce participation on three different choice scenarios. The compelling results show that retail e-commerce, the revolutionary force in the retail industry, has a tangible impact on the pricing and profits of traditional brick-and-mortar stores. In response to this trend, the wholesale pricing strategies of consumer electronics manufacturers have been adapted to maximize profitability within the retail e-commerce landscape. Fascinatingly, the impact of retail e-commerce involvement remains impervious to the recycling decisions and optimal profits of third-party recyclers. In consumer electronics, fund-handling policies are crucial in boosting the number of product recoveries and driving up prices for businesses in the forward supply chain. Although manufacturers’ market share is affected by retail e-commerce, overall product demand is unaffected. On the other hand, putting fund-handling policies into place indicates a decline in overall market demand. This innovative study uses sensor integration to unlock the complex dynamics of the interesting field of digital supply chain management.