Optimising inventory management in commercial construction through IoT for enhanced cost efficiency

The internet of things (IoT) may be integrated into stock management in the industrial creation business to improve task delivery timeliness and cost effectiveness. The study analyses how IoT technology may reduce manual errors, automate inventory monitoring, and give real-time data to improve decision-making. A radical literature review reveals construction inventory management issues include theft, material waste, and inefficient supply networks. We combine qualitative and quantitative studies to focus on managed production IoT device deployment. This observation analyses stock stages before and after IoT generation implementation using 458 samples, showing that inventory management performance and stability have improved. The results demonstrate how the internet of things may transform operational optimisation. Material waste reduction, on-web page productivity, and inventory accuracy improved significantly. We offer an internet of things (IoT)-based inventory management architecture with analytical tables and graphs illustrating performance advantages and fee savings. The speech discusses multinational IoT integration efforts, including operational issues and acceptance challenges. The final paragraph shows how the internet of things can change building stock management. This article also covers future research goals and limits, focusing on IoT technology conversion and production management software growth.