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Implementation of New Technology in Supply Chain Management

   

Added on  2022-02-24

11 Pages2427 Words43 Views
Business DevelopmentEntrepreneurshipArtificial Intelligence
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INTRODUCTION

This project began with the final project title of 'Implementation of New Technology in Supply
Chain Management of Kimberly's Clark Corporation' in the project context on our module of
Project Procurement Management.
This task centers around new innovation in inventory, networking the board in many
enterprises as means for working on the seriousness of the business or organisations.
Consequently, a way to deal with store network the board in the venture setting of the
assembling and showcasing industry should plan to address production network the
executives commitment to modern seriousness in assembling and promoting
The target of this venture is to investigate a commitment to the task of the executives of
huge scope advancement and activity projects from ideas and contemplations inside new
innovation utilised in production network the board. The goal is to create and layout store
network of the board inside the undertaking focused setting as a specific and cognisant
information space of the executives. Through fostering an idea that approaches
undertakings and ventures the executives for inventory network the board point of view, and
through illustrating what is significant or explicit for coordinations and store network the
executives inside the task setting. The goal is as such identified with creating reasonable
and methodological systems that might be utilised as reason for explicit turns of events and
application in explicit modern and undertaking focused
Implementation of New Technology in Supply Chain Management_1

IMPLEMENTATION
1. Implementation of IoT
KimberlyClark sponsors the annual, which invites entrepreneurs, startups, and
other inventors to innovate in the consumer goods category through the
KimberlyClark Digital Innovation Lab (D`Lab). The competition focuses on six
categories, including data and predictive analytics, cybersecurity, omnichannel
buyer experiences, IoT or wearable or connected devices, supply chain or
operational solutions, and content and media experiences. This investment in
technological innovation helps KimberlyClark adapt and apply some of the
best current ideas in its operations.
SCM has multiple functions such as purchasing, production, inventory, sales,
routing, location and marketing. The literature shows that IoT can play an
important role in enhancing various SCM functions, summarizing some of the
potential benefits of this implementation. In today's business world,
warehouses play an important role in meeting customer expectations. They
serve as key sources of competitiveness, as measured by who can deliver
products faster with better profitability and flexibility. Managers must have a
good understanding of everything that has to do with warehousing and how it
affects the entire supply chain, explaining that the improvement of
warehouses depends on the speed and precision in meeting the
requirements. requirements, effective management, and a reduction in
worthlessness. -Addition functions can be measured. Another concern is
information integration, which consists of key functions for inventory status
updates, product tracking, and order management.
warehouses can hold thousands of products and therefore must be used
optimally to ensure fast and accurate performance across all functions to
meet customer demands. The use of IoT in storage promises considerable
effects, as it allows monitoring various processes in the warehouse in real
time and eliminating manual intervention. You can tie it all together, allowing
you to analyse the huge amounts of data that can be gleaned from those
Implementation of New Technology in Supply Chain Management_2

connections and turn it into information to aid decision-making and improve
overall performance.
Figure 2. Benefits of using IoT in SCM functions
Sources of : (Yerpude and Singhal (2017), Anita and Abhinav (2017), Qin et
al. (2017), Schoen et al. (2016), Ives et al. (2016) and Richards (2017)
Besides that, a framework is proposed to implement IoT in SCM operations.
Figure 3 shows this framework. As soon as products pass through the in and
out gateway, the reader attached on the gate captures data about products
recorded on tags attached to them. This provides real-time visibility of
inventory levels and prevents stock-outs. Readers attached to forklifts read
data that includes the product’s location, product type and expiry date, and
share this data with the driver on an attached screen. Once the products are
Implementation of New Technology in Supply Chain Management_3

put on shelves, attached sensors give confirmation to the driver on the screen.
Sensors are also used to monitor the Heating, Ventilation and Air Conditioning
(HVAC) system in order to optimise energy consumption and assure product
quality and warehouse safety. All the data captured from readers and sensors
are transferred to the warehouse management system (WMS) that processes
the data and converts it into useful information and actions. The same
functions occur for order picking, when an order arrives, the driver goes to the
location of the product that appears on the attached screen and makes a
confirmation that it is the correct order via the readers attached to the forklift.
As soon as the order leaves the warehouse, the inventory level is updated
immediately. This makes order fulfilment more efficient, easier and accurate,
and prevents counterfeiting.
Implementation of New Technology in Supply Chain Management_4

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