Our solutions for Smart Logistics and Supply Chain Management focus on providing a holistic, portfolio management approach to a digital supply chain network.
The concept termed Industry 4.0 is rapidly becoming recognized as the digital revolution of business that marks the Fourth Industrial Revolution. It is characterized by the digitization and automation of industrial, production, business markets, and supporting processes. It includes machine-to-machine communication, autonomous systems, and digital manufacturing.
Logistics 4.0 is the supporting concept characterized by a digital supply chain. It includes a digital network from demand to fulfillment, iterative decision-making that leads to highly improved forecasting, and resourcing and distribution that improves agility responsiveness, velocity, and access to a wider array of support sources.
Logistics 4.0 is sometimes referred to as smart logistics. Smart logistics requires technologies to identify, sense, locate, process, decide, and act. This is accomplished by establishing digital persistence – fully digitizing supply chain transactions and decision data in order to make it more available and shareable (interoperable) among the entire network. The emerging concept of Logistics 4.0 serves as our roadmap to the innovation and transformation of processes and technologies that can respond to 21st century supply chain management challenges.
Using our digital persistence, data interoperability and visualization solutions, we make transactional data shareable and actionable across the digital supply chain network. It allows logistics, or supply requests and demands, to flow seamlessly across different information systems used in the supply chain. It provides the requesting unit a greater array of support options. In addition, it supports the capture and utilization of contextual data to enable machine learning and iterative decision-making for supply chain optimization.
The portfolio approach includes:
The integration and interoperability of digital devices, enterprise systems, sourcing and optimization tools, and performance measurement practices.
The integration and interoperability of alternative sources of support to include virtual inventory and additive manufacturing, as well as Blockchain capabilities that provide digital authenticity/traceability for controlled items and shipments.
Visualization tools for tracking and situational awareness of movements and distribution on the supply chain network.
Incorporation of practices and tools to support performance measurement and capital investment decision-making.