Module 1 Flashcards
(29 cards)
B2Bi
the physical integration of disparate systems among ecosystem members to exchange information in a timely and qualitative manner
Cloud computing and storage
Use of a network architecture of remote Internet servers to host, store, manage, and process data and applications rather than a local server or computer.
Sensors and automatic identification
Technologies to automatically identify, locate and profile supply chain objects and to capture and communicate associated data and information across the supply chain.
Inventory and network optimization tools
Models and tools to help companies design networks to produce, store, and distribute efficiently and effectively to serve customers.
Robotics and automation
The design and use of computer-controlled machines to automatically perform a series of actions or tasks traditionally performed by humans.
Predictive analytics
The practice of extracting information from existing data sets in order to determine patterns and trends to predict future events or outcomes
Internet of things (IoT)
Use of the internet to connect sensors and computers embedded in a growing range of objects, enabling them to send and receive data in real time.
Wearable and mobile technology
Technology devices that can be worn or carried, either as external accessories or as part of clothing, having the capability to exchange data between the devices and a network.
3D printing
A group of technologies that can manufacture products through the construction of layers from a three-dimensional digital blueprint.
Driverless/autonomous vehicles and drones
A computer-guided device that can move about without a human being in control, either on the ground (a vehicle) or in the air (a drone).
Artificial intelligence
Technology that enables machines to learn problem-solving patterns and perform tasks that typically require human intelligence, such as decision-making, speech recognition, visual perception, and language translation.
Blockchain
A shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network.
automated guided vehicles (AGVs)
computer-controlled load-carrying machines that travel predefined paths using a combination of software and sensor-based guidance systems to control acceleration, deceleration, and obstacle detection
autonomous mobile robots (AMRs)
any robot that can understand and move through its environment without being overseen directly by an operator or on a fixed predefined path
radio frequency identification (RFID)
an auto-identification technology that gives companies instantaneous information about the identity, location, and quantity of each tagged item in the supply chain.
Warehouse management System (WMS)
helps organizations control and track the transfer and interim and final storage of goods and raw materials in and between warehouses
Why invest in IT
Heavy reliance on IT platforms for day-to-day operations
IT is viewed as the “silver bullet”
Desire or need to automate manual processes
Digitization of business models
Common IT Adoption Approaches
- Best of Breed/Best in Class
- Single Vendor Solution
- Best of suite
Best of Suite
focuses on a set of integrated solutions provided by a single vendor as a single offering
Product Visibility
The where is my product - tracking numbers etc
Pipeline Visibility
The Where has my product been
Track and Trace Visibility
Where product is and has been, who has been in contact with the product, and what the product was exposed to
Service Oriented Architecture
a design methodology/philosophy/approach/pattern where pieces of software provide functionality
Key Concepts of SOA
Loose Coupling: Reduces dependencies between services.
Reusability: Encourages creating components that can be reused across different applications.
Interoperability: Enables communication between services built on different platforms or technologies.
Discoverability: Services can be located and bound dynamically at runtime.
