Supply chain examples Flashcards
EIT for supply chain initiatives
25% of food is currently being wasted, lack of consumer trust and limited innovation and slow adoption of new technology
The initiative is to transform how we produce - deliver - consumer and recycle our food
Adopting local food centres to Create “local food eco systems” with long term goal of sustainability through good portals connecting partners together to reduce duplication
Tigress- supply chain initiative
Helping with sustainability of agriculture in India through use of technical cycle where they will use technology to help grow sustainability though increased crop productivity etc
Orange peel - biological cycle
Where orange peel waste can be used to grow sustainability
Can be used to replace plastic bottles, used for bio fuel
Algae - biological cycle
Used for improved sustainability through use of algae where it can biologically produce anything and can use sun rays as efficient way of sourcing power
Batch to continuous manufacturing - Pharma example
Example of mature industry with opportunities for adoption of technology
Where footprint can be reduced by 70%, operating cost reduction by 30% and delivering of more consistent quality products
Reduced inventory days to 155, reduce cycle time (time to pack goods) by half
Batch manufacturing has been used for 100 years so adopting of technology to advance supply chain
Locations of supply chains - paracetamols
Are produced in chine and shipped to UK, potential of 73 new UK micro factories to distribute goods
Make/do or buy it
Firms distributing goods to specialists - Accenture
Firms can now outsource logos taxis and distribution activities to specialists.
Accenture is a firm that outsources there logistics and distribution activities to specialists. This is to link to its performance objective of “high performance delivered”
Firms often base these make v buy decisions on the performance objectives: cost, quality speed, dependably, flexibility and a new one of sustainability