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Technology in Supply Chain Operations
Technology in Supply Chain Operations
Technology
in Supply Chain
Operations
LEARNING OUTCOMES
At the end of this chapter, you should be able to:
• Assess the technology that is available to support and enable effective supply
chain operations:
• Apply and discuss the different supply chain system in hospitality industry
operations.
INTRODUCTION
One of the key elements in supply
chain management in the hospitality
industry is the delivery of goods and
services to the right place at the right
time with the least cost. In a field that
is all about getting goods where they
need to be quickly and cost-
effectively, it is no surprise that
mobile applications and devices are
fast becoming must-have tools for
logistics, supply chain, and
transportation professionals.
According to Galičić and Pilepić (2007), information becoming a commodity in great demand, its
simple and reliable transmission has become a key area of interest of many, and not only participants
in supply chain management. Companies that have excelled in the implementation of SCM processes,
analytical tools, and technologies have enjoyed several benefits such as:
• Greater control over suppliers and their quality standards due to strong
relationships, better coordination, and collaboration among supply chain members,
• Better streamlined processes, shorter lead times and replenishment, and enhanced
equipment readiness and utilization,
• Enhanced communication and cooperation among members of the supply chain,
leading to enhanced product/process designs,
• Faster customer response and improved delivery performance,
• Improved forecasting accuracy, and planning and scheduling capabilities,
• Higher productivity and better responsiveness to demand fluctuations, and
• Lower levels of inventory throughout the chain and substantial cost reduction.
MOBILE
TECHNOLOGY
IN SUPPLY
CHAIN
MANAGEMENT
Glenda Marisse Meniano
Lian Xyrill Telen
MOBILE TECHNOLOGY IN
SUPPLY CHAIN MANAGEMENT
- Tracking and
3. Shop Floor System elimination of out of
shelf conditions.
- Delivering more
5. Consumer Service personalized
System service.
MARK EFRAIM
BAUYON
GLENDA MARISSE
SUPPLY CHAIN MANAGEMENT IN FOURTH
INDUSTRIAL REVOLUTION
SUPPLY CHAIN MANAGEMENT IN FOURTH
INDUSTRIAL REVOLUTION
Today's Application of radical new technologies to manufacturing has been dubbed
Industry 4.0, or the "Fourth Industrial Revolution." In this latest iteration of
Industrialization, technologies such as AI, machine learning, the Internet of Things,
automation, and sensors are transforming the way companies manufacture, maintain,
and distribute new products and services.
In Industry 4.0 SCM, the way enterprises apply technology to the supply chain is
fundamentally different from how they applied it in the past.
Industry 4.0 SCM also provides a significant advantages over traditional SCM because
it enables aligned planning and execution while at the same time delivering substantial
Cost Savings.
OTHER ADVANTAGES OF
INTELLIGENT SCM
• Supply Chain Management is all • The Need for Agility
about Customer
Today's supply chain is broad,
SCM has historically been about deep, and continually evolving,
increasing efficiency and which means that it must be agile
reading costs. Although those to be effective. In the past, supply
needs haven't changed, what chains met enterprise and customer
has changed is that the needs through a beginning-to-end
customer is playing a front-and- model that was largely unaffected
center role in setting SCM by change. Consumers now have
priorities. It's been said that multiple choices in how they
"Customer experiences live and purchase products, in stores,
die in the supply chain." online, and more.
OTHER ADVANTAGES OF
INTELLIGENT SCM
• Supply Chain Management and • Traceability, Repudiation, and
the Cloud System Trust with Block Chain
With today's SCM parameters, the
cloud is a natural ally, in part because When you're considering SCM
cloud-based applications are solutions, look for a system that
inherently more flexible and uses block chain to make
adaptable to change. It's very difficult visibility and insight easy for you
to adjust on-premises and custom- by building those capabilities
coded applications in response to the
fluctuating circumstances that right into the SCM processes.
regularly occur in today's enterprise This ensures traceability,
environment, such as an unexpected repudiation, and trust throughout
sourcing issue. your supply network.
OTHER
ADVANTAGES OF
INTELLIGENT SCM
JUDE
OTHER ADVANTAGES OF
INTELLIGENT SCM
The increase in number of technology devices caused the introduction of many
applications some of which are free of charge, while certain application have to be paid
upon downloading. Regarding the peculiarities in operation of companies in the
hospitality industry and the competition getting tougher, it is necessary to monitor the
current world trends and opt to create applications that would provide a significant
assistance and support to all levels of management in the companies as well as
participants in the supply chain.
In such, there are many advantages offered by the use of mobile applications in
logistics and supply chain. logistics viewpoints discussed some impacts social and
mobile applications will have on the supply chain in the future.
• Enable network of people to manage a supply chain worldwide; wrap a
community of people around transactional workflow.
● MENDOZA, Jude