Supply Chain Technologies Flashcards
Four Categories of SC Techs and SC Innovation
How many categories of SC Techs are there?
4
Management level application for effective demand planning of material, facilities, capacities, and services.
Assist in Long-term/short-term planning horizon (weeks, months or years) across intra and inter collaboration through seamless collaboration.
Improve strategic, tactical, and operational decision making
Which category of SC Tech is this?
Planning
Tools to manage day to day tasks of logistics (warehouse, inventory, transport , track and trace) management.
Assist in internal logistics functions and external tasks such supplier and customer relationship management, shop floor management.
An integrated approach is key to achieve the success of supply chain.
Examples : JD Edwards Enterprise One/ SAP etc.
Which category of SC Tech is this?
Execution
Trigger alert in case of any exceptions and events.
Assist management to optimize, track, evaluate and resolute of supply chain risks.
Collection of information from multiple sources and combine into graphical representation.
e.g. improved visibility and transparency on stocks out and distribution channel, of supply chain through prediction of past events.
Which category of SC Tech is this?
Event Handing
Tools provide robust data capture, aggregation, analysis, visualization using BIG DATA from variety of data sources (databases and data warehouses).
e.g. SAP BI tool can analyse data from 60 different data sources and provide real time descriptive, prescriptive and predictive analysis of the entire supply chain.
Business Intelligence
Which is the benefit of Cloud Computing?
A. Offers interest-based tools for automation, reducing IT needs and allowing companies to focus on core strengths
B. Brings real-time data access and task management to mobile devices for better visibility and control
C. Offers advanced technology solutions and expertise at competitive rates
A. Offers interest-based tools for automation, reducing IT needs and allowing companies to focus on core strengths
B. Brings real-time data access and task management to mobile devices for better visibility and control
C. Offers advanced technology solutions and expertise at competitive rates
Mobile Computing in supply chains allow companies to
A. Bring real-time data access to mobile devices for better visibility
B. Bring task management to mobile devices for better control
C. All of the above
A. Bring real-time data access to mobile devices for better visibility
B. Bring task management to mobile devices for better control
C. All of the above
3PLs can offer benefit related to Supply Chain Technology by
A. Providing access to advanced technology solutions and expertise
B. Reducing the cost of purchasing and maintaining in-house technology
C. Offering economies of scale when leveraging technology for multiple clients
D. All of the above
A. Providing access to advanced technology solutions and expertise
B. Reducing the cost of purchasing and maintaining in-house technology
C. Offering economies of scale when leveraging technology for multiple clients
D. All of the above