A supply chain is an entire system of producing and delivering a product or service, from...
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A supply chain is an entire system of producing and delivering a product or service, from the beginning stage of sourcing the raw materials to the final delivery of the product or service to end-users. The loT enables more and faster information across the supply chain for enhanced decisions, planning, and execution. For this assignment, students will select a small or medium-sized organization that is not currently benefiting from an IoT system or information about its utilization of loT is not publicly available. At a minimum, the proposed supply chain should reflect steps for producing, transporting, and distributing the product or service. Next, students will identify and present targeted loT solutions for each component/phase of the company's supply chain network to create a smarter supply chain. Students should provide a detailed description for each loT solution and explain how it can enhance and benefit the company's supply chain. In addition to addressing how each solution might contribute to a specific supply chain component, it is critical to analyze the proposed solutions as an loT system and explain how the collection of the interconnected loT devices benefit the company's supply chain. Students may utilize the following suggested outline to organize their discussions: . Executive Summary: Include information about the company's name, location, product(s)/service(s), key focus areas, target market, size/scale, and other critical insights. Students should also include the purpose of the assignment in this section. Supply Chain Analysis: Include a detailed description and analysis of the company's supply chain or of the presumed supply chain based on research findings. This section should begin with a graphical representation of the supply chain and its key components/phases. Describe the strengths and weaknesses in the supply chain, highlighting the most impactful opportunities for improvement. Proposal: Include a detailed description of the proposed loT solutions and their benefits for the associated components of the company's supply chain. A second graphical representation with the loT solutions added to corresponding supply chain phases can be helpful. Benefits Analysis: An analysis of how the interconnected loT solutions as a whole (network/system) can benefit the company's supply chain. Emphasis should be placed on the Synergy and interrelations among the proposed loT devices. A supply chain is an entire system of producing and delivering a product or service, from the beginning stage of sourcing the raw materials to the final delivery of the product or service to end-users. The loT enables more and faster information across the supply chain for enhanced decisions, planning, and execution. For this assignment, students will select a small or medium-sized organization that is not currently benefiting from an IoT system or information about its utilization of loT is not publicly available. At a minimum, the proposed supply chain should reflect steps for producing, transporting, and distributing the product or service. Next, students will identify and present targeted loT solutions for each component/phase of the company's supply chain network to create a smarter supply chain. Students should provide a detailed description for each loT solution and explain how it can enhance and benefit the company's supply chain. In addition to addressing how each solution might contribute to a specific supply chain component, it is critical to analyze the proposed solutions as an loT system and explain how the collection of the interconnected loT devices benefit the company's supply chain. Students may utilize the following suggested outline to organize their discussions: . Executive Summary: Include information about the company's name, location, product(s)/service(s), key focus areas, target market, size/scale, and other critical insights. Students should also include the purpose of the assignment in this section. Supply Chain Analysis: Include a detailed description and analysis of the company's supply chain or of the presumed supply chain based on research findings. This section should begin with a graphical representation of the supply chain and its key components/phases. Describe the strengths and weaknesses in the supply chain, highlighting the most impactful opportunities for improvement. Proposal: Include a detailed description of the proposed loT solutions and their benefits for the associated components of the company's supply chain. A second graphical representation with the loT solutions added to corresponding supply chain phases can be helpful. Benefits Analysis: An analysis of how the interconnected loT solutions as a whole (network/system) can benefit the company's supply chain. Emphasis should be placed on the Synergy and interrelations among the proposed loT devices.
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Related Book For
Operations Management Processes And Supply Chains
ISBN: 9781292409863
13th Global Edition
Authors: Lee Krajewski, Naresh Malhotra, Larry Ritzman
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