Strengthening internal inventory control using the Internet of Things in agribusiness

Grain husbandry is a large and important sub–sector of agriculture, which forms the basis of the agro-industrial complex of Russia. Despite the fact that grain production is growing, one of the important problems for Russia is the country's unwillingness to compete with the leading grain exporting countries in terms of development and introduction of new agricultural technology. Such technology will reduce the influence of the human factor, thereby strengthening internal control in the agribusiness. This problem was considered on the example of JSC Ermolaevsky Bread. Based on the assessment of the effectiveness of the internal control system of material and production stocks, shortcomings were identified. The authors proposed to strengthen the internal control system of grain by introducing humidity sensors based on the Internet of Things technology. This equipment is designed to reduce losses by approximately 25%. This reduces the natural loss to within the standards.This, in turn, will lead to a reduction in cost and an increase in the company's profitability. The implementation of the proposed recommendation at JSC Ermolaevsky Bread is justified. This is confirmed by the assessment of the economic efficiency of the new equipment introduction.

internal control, Internet of Things, grain storage, natural loss