scholarly journals Designing Smart Supplier Chain Management Model under Big Data and Internet of Things Environmen

Recently, the business paradigm has shifted to the direction of strengthening consumer-oriented process interconnections and thus demand diversity and volatility have increased. The automation, autonomy, and connectivity of the entire supply chain are emphasized on the basis of the fourth industry technology such as Internet of things and artificial intelligence. In this paper, we propose a smart Supply Chain Management model that accommodates current high technological issues and business requirements under 4th industrial revolution era. The proposed web based SCM consists of automatic ordering/purchasing system, artificial intelligence based appropriate inventory computation system based on Monte Carlo simulation, and detachable IoT based inventory management system. The system is expected to be a sophisticated and intelligent smart SCM solution that adheres to logistics standards for visibility, safety and efficiency.

2019 ◽  
Vol 5 (3) ◽  
pp. 265-274
Author(s):  
Ming-Ling Chuang

Supply chain management (SCM) is a complex business discipline because it combines the concepts of forecasting, inventory management, logistics and distribution, vertical and horizontal integration, and global issues. This complexity creates a challenge when teaching the concepts to both undergraduate and graduate students. A web-based computer simulation can be very useful in helping students to grasp the difficult concepts. It helps students to think systematically and logically as they progress through scenarios with uncertainties and complexity. This article provides detailed implementation protocols for using a web-based SCM game including game descriptions, classroom pedagogy, and simulation assessment. Recommendations are also provided based on the instructor’s experience.


2014 ◽  
Vol 556-562 ◽  
pp. 6673-6676 ◽  
Author(s):  
Jia Tang

Since the 1960s, the competition between enterprises has been replaced by the competition between supply chains because of rapid economic development. For the purpose of enhancing the competitiveness of supply chain by improving the level of supply chain management, the resources of enterprises in supply chain should be integrated and optimized, and then managed uniformly. Inventory management is the most important part of supply chain management. The inventory models what we are using have many limitations. The effectiveness of implementation often depends on the accuracy of the accuracy of “market demand forecast”. In order to reduce the reliance on “market demand forecast” accuracy to improve the efficiency of supply chain inventory management, we need to have further research on this theory by used of Internet of things to explore right model.


2011 ◽  
pp. 293-317
Author(s):  
Ashutosh Deshmukh

A dominant trend in information technology is the convergence of different software functionalities. Even after the dot-com bust or, perhaps because of it, the convergence has gathered steam. Different tools and techniques get concentrated in one solution or software in a short duration. Distinct techniques and technologies, such as accounting software, Web-based businesses, supply chain management, data warehouses and artificial intelligence, are converging as the organizations move from ERP to ERP II, integration of internal functions to integration across supply chain, and the Internet to Internet 2. Today’s ERP software packs all applications into one monster package and offers tremendous functionalities.


2014 ◽  
Author(s):  
Viviane Bonagrazia-Healey ◽  
Alain DeLeon ◽  
Hang Nguyen ◽  
Raymond Chun ◽  
David Faulk ◽  
...  

Author(s):  
Vladimir Shcherbakov ◽  
Galina Silkina

The customer-oriented approach is actively developing within the global trend of the modern industrial revolution that is Industry 4.0. The focus on customer interests has led to cooperation and integration in supply chains, improving their efficiency and increasing transparency, awareness, and trust. However, an issue emerging in this scenario is that conventional supply chain management (SCM) procedures are unable to identify the potential proposal for a particular user. Modern businesses need to build integrated supply chains, which require well-developed infrastructure and easily available complementary services, relying on logistics as a networking technology. Supply chains of this generation grow from traditional individual desynchronized economic relations (linear models with some feedback and the simplest network configurations) to scalable, adaptable, harmonized partner networks. The logistics potential allows additional income by reducing the total costs of participants in the network, thus increasing the competitiveness of companies; this can be implemented based on new models of interaction in the current digital environment through, firstly, system integration. Our goal consists of identifying the essential characteristics of system integration and substantiating the methods for its implementation in the digital economy. The study is based on the analysis of global best practices, considering the reports from leading consulting companies and competent analytical agencies. We have confirmed that the role of a virtual system integrator of supply chains belongs to logistics platforms; the effects of a transition to platform business models are discussed in detail.


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