Supply chain 4.0, new technologies for supply chain efficiency
Representing a turnover of €200 billion in 2018, the logistics sector is now experiencing unprecedented growth, particularly in industry. Nationally, it is the fifth largest economic activity and generates nearly two million permanent jobs. It is a significant competitive lever for companies and manufacturers.
Supply chain 4.0: IoT at the service of the supply chain
Intelligent logistics is one that takes into account not only the current requirements and trends, but also the future needs of a company. An intelligent logistics management system brings together all the different aspects of operations in one place. This means that the time required to complete the various processes will be reduced and logistics managers will be able to make better use of their time, in order to increase their company’s revenue. Smart logistics is about planning and forecasting, and for companies, this is where they will get the most profit.
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Your questions about Smart Logistics
What is the supply chain?
Every company needs raw materials to produce. This includes a production line with assembly parts and individual parts. All these tasks are part of the supply chain, which includes purchasing, suppliers, inventory, transportation and handling.
Furthermore, supply chain management is one of the major challenges in terms of agility and profitability, and involves optimizing production capacity, inventory, distribution costs and automation. It helps to improve organizational productivity.
What is the supply chain?
The term “supply chain” refers to all stages from procurement to distribution. Consisting of different information flows, the main issue is the management of these flows.
Translated from English, the supply chain therefore refers to the logistics chain or supply chain cycle.
What is supply chain management?
Supply chain management is the management of all operations related to the supply chain: from the management of supply, storage and delivery flows to financial flows, etc.
In short, supply chain management is the management of the various resources, means, methods and technical tools available to an organisation to optimise its global logistics chain: from procurement to the delivery of a product/service to the final consumer.
What is the difference between supply chain and logistics?
Logistics management is a process of optimizing flows within a company and to the customer.
The supply chain covers a wide range of applications, as it integrates logistics in the management and automation of different business activities and their coordination. It aims at customer satisfaction and loyalty.
Logistics represents the implementation of tools available to an entity, whether human, material or financial.
The supply chain combines the two to cover a much wider range of applications. It concerns all the professions related to the transport and routing of goods, i.e. all those involved: suppliers, transporters, processors, distributors, service providers, retailers, who contribute to getting the right products to the right place, at the right time, in the right condition and at the right price. Optimizing the supply chain gives a company a significant competitive edge: a key to competitiveness. IoT technologies such aspredictive analytics andartificial intelligence are helping to increase the productivity of these businesses through their digitalization.
What are the challenges for supply chain actors?
The challenges of the supply chain are multiple:
- Identify and meet customer expectations and anticipate future needs
- Managing supply chains
- Driving innovation through digital transformation
- Designing logistics solutions
- Manage the storage and distribution of finished products
- Execute and monitor operations
All this while keeping in mind that the environmental impact of each task must be optimized to the maximum.
Why be interested in the supply chain?
The supply chain represents a significant competitive advantage in the evolution and digitization of logistics and transport, in industry, in retail and in the service sector. In fact, an optimized supply chain enables an organization to be more competitive thanks to innovation, insofar as it produces while taking into account the challenges of satisfying its customers and suppliers.
Controlling the supply chain helps to reduce costs by optimizing and automating transport and/or storage.
What are the links in the supply chain?
The supply chain has different links, each with its own importance:
- From customer to product: finished products that are delivered to customers or end users
- Customer service: a process aimed at fully understanding customer needs in terms of products (nature, variety, quantity) and services (availability, speed and reliability of replenishment times, courtesy, etc.).
- Distribution: the delivery of products to customers from factories, warehouses or distribution centres.
- Inventory: maintaining the right mix of products in stock to meet the needs of end consumers
- Procurement: defining product or service requirements, searching for and selecting suppliers and negotiators, preparing and transmitting orders to the warehouse, following the steps with the supplier, receiving, checking and finally evaluating the services.
- Raw material suppliers: refers to companies that are upstream in the supply chain and provide their customers with raw materials.
- Transport: the different modes (truck, train, boat, plane…) that can be used to transport raw materials, semi-finished and finished products from the supply sources to the customers
- Visit digital transformation information systems: the entire IoT organization of systems, technologies and communication resources used by the various players in the supply chain to share information and manage the routing and movement of materials and products throughout the supply chain. supply chainwhile reducing costs and securing information thanks to the blockchain.
How to improve your supply chain with an IoT solution?
Launching a large-scale IoT project is never easy, you need to be helped by experts with proven know-how in the deployment of an end-to-end IoT project.
You are not alone. Indeed, Synox is well-know for its expertise on the entire IoT value chain: from data capture to its restitution on web and mobile interfaces, including storage.
Synox supports you at every stage of the project to ensure the success of your IoT project.
Choose your devices
Speed, temperature, force, location, power, volume… According to your needs, Synox advises you in the choice of the sensor and facilitates its implementation on site.
Connect your devices
In order to carry and secure the data, Synox recommends the networks and transmitters most adapted to your project.
Securing your data
We provide you with an open and interoperable data collection and analysis platform that safely aggregates all your data with third-party data.
Host your data
A TIER IV type hosting and storage solution, based in France, which combines density, environmental awareness, availability and security.
Leverage your data
We offer an open data visualization platform that joins all of your third-party flows and allows you to manage them in a simplified, secure and customizable turnkey interface.
Is Synox the right choice for you?
Through our positioning in the IoT value chain and our expertise in Smart Logistics use cases, we are convinced that the technological answer is not the only element to bring to meet the challenges of tomorrow’s IoT projects. The success of a Smart Logistics project also lies in the fact that the proposed solutions must be equal to the business, ethical and environmental challenges they address.
From POC to large-scale deployment, Synox supports you throughout your Smart Logistics project in accordance with our values: fun, agility and humanism.
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