Technology in Supply Chain Management and Logistics: Current Practice and Future Applications

✍ Scribed by Anthony M. Pagano, Matthew Liotine

• Publisher: Elsevier
• Year: 2019
• Tongue: English
• Leaves: 208
• Category: Library

✦ Synopsis

Technology in Supply Chain Management and Logistics: Current Practice and Future Applications analyzes the implications of these technologies in a variety of supply chain settings, including block chain, Internet of Things (IoT), inventory optimization, and medical supply chain. This book outlines how technologies are being utilized for product planning, materials management and inventory, transportation and distribution, workflow, maintenance, the environment, and in health and safety. Readers will gain a better understanding of the implications of these technologies with respect to value creation, operational effectiveness, investment level, technical migration and general industry acceptance.

In addition, the book features case studies, providing a real-world look at supply chain technology implementations, their necessary training requirements, and how these new technologies integrate with existing business technologies.

• Identifies emerging supply chain technologies and trends in technology acceptance and utilization levels across various industry sectors
• Assists professionals with technology investment decisions, procurement, best values, and how they can be utilized for logistics operations
• Features videos showing technology application, including optimization software, cloud computing, mobility, 3D printing, autonomous vehicles, drones and machine learning

✦ Table of Contents

Cover
Technology in Supply Chain Management and Logistics
Copyright
List of contributors
Acknowledgments
1 Introduction
2 Technologies in supply chain management and logistics
Introduction
Supply chain business trends
Motivation for supply chain technology investments
Vendor interviews
Supply chain technology areas
Study findings
Cloud computing
Mobility
Wearability
Data analytics
Data warehouse and integration
Sensors and telematics
3D printing
Social media
Drones
Automated storage and retrieval systems
Autonomous vehicles
Electronic shelving
Optimization software
Blockchain
Internet of Things
Virtual reality
Machine learning
Summary
Future vision
References
You Tube Videos
3 Impact of exponential technologies on global supply chain management
Introduction
Literature review
Identification and implications of exponential technologies in global supply chain
Technology adoption
Technology providers
Amazon
Cisco
IBM
Intel
Microsoft
Oracle
SAP
Barriers, challenges, and limitations
Summary
Acknowledgments
References
Further reading
4 The supply blockchain: integrating blockchain technology within supply chain operations
Introduction
How it works
Comparison of blockchain platforms
Blockchain benefits
Use cases in vertical markets
Banking and finance
Legal and intellectual property
Energy
Sustainability
Healthcare
Media, arts, and entertainment
Advertising
Smart contracts
The ledger
Creating the smart contract
The blockchain process
Supply chain use cases
Sourcing
Track and trace
Payment processing
Logistics and shipping
Supply integrity and safety
Insurance
Smart pallets
Trucking
Blockchain standards efforts
Blockchain caveats
Prescription for blockchain
Summary and conclusion
References
5 Technologies for dealing with error in supply chain planning
Introduction
Murphy’s law
ERP software
Inventory planning by stock-keeping unit level for every location
Science of inventory optimization
The science of inventory optimization components for planning a perfect order
Optimized demand planning and forecasting
Pattern-recognition models
Planning with comprehensive error
Additional essential capabilities of a world-class inventory optimization solution
Leading indicator analysis
“New-item” management
Cross-department and cross-enterprise collaboration
Multiechelon stocking policy optimization
Inventory policy optimization
Service-level optimization
Routing (i.e., network-flow) optimization
Sourcing optimization
Key capabilities of a world-class replenishment optimization solution
New order creation, prioritization, and auto-approval
Transfer order prioritization and creation
Optimized redistribution
Optimized component allocation
Cross-dock optimization
Rotables planning optimization (Maintenance, Repair and Operations/warranty)
Automated and optimized order pooling
Optimized expediting and de-expediting
“Rough-cut” production capacity optimization
Cycled production management
Operational questions your inventory and replenishment optimization solutions should be able to answer dynamically
Purchasing/supplier management—typical issues/applications
Purchasing/replenishment planning—typical issues/applications
Inventory planning and management—typical issues/applications
Manufacturing/production—typical issues/applications
Financial issues/applications—typical issues/applications
Marketing and sales—typical issues/applications
References
Further reading
6 Emerging technologies in the health-care supply chain
Introduction
Background
1965–83
1980s and 1990s
2000s
Typical organization of the health-care supply chain
Originating departments
Purchasing department
Supplier
Receiving
Inventory/distribution system
Accounts payable
Impact of new technologies on the health-care supply chain
Maturing technologies
Growth technologies
Emerging technologies
Exponential technologies
Blockchain
Future of health care and impact on supply chain
Future potential of technology in the health-care supply chain
References
Further reading
7 The emergence of new containers in cold chain
Introduction
Changes in cold-chain environments
Challenges to shippers
Concepts for new containers
Controlled atmosphere container
High-insulated container
Impacts of new containers on cold chain
Present status of container technologies
Controlled atmosphere container
High-insulated container
Case studies of the effects of the new containers on the cold chain
Growth potential for controlled atmosphere containers
Conclusion
Reference
Further reading
8 Unlocking digital innovation: guiding principles for driving digital technology in the supply chain
Introduction
The digital supply chain
What is innovation
Barriers to innovation
Innovation philosophy
Innovation techniques
Funnel methods
Rocket methods
Ideation phase
Conceptualization phase
Realization phase
Appraising innovation efforts
Innovation roadmap
Innovation culture
Conclusions
References
9 Case studies of supply chain technology implementation
Introduction
Company 1 results
Key technologies
Other technologies
Company 2 results
Data warehousing
GPS
Optimization software
Other technologies
Company 3 results
Optimization software
Other technologies
Company 4 results
Integration of analytics into primary transportation services
Other technologies
Company 5 results
Warehouse and transportation modeling
Cloud
Choice of vendor
Other technologies
Benco dental
Stuller settings
Steel pipe and supply
Company objectives
Approach
Results
The challenge
The solution
The benefits
Conclusions
10 Technology in supply-chain management and logistics: what does the future hold?
Introduction
Whats and whys of the change: implications
Top eight supply-chain technology trends for 2018
Supply chain technology: universities and companies
Focus group methodology
Group discussions on what types of technology are being used by companies today
Supply chain and technology—now and the future
Conclusion
References
Index
Back Cover