From their experiences during the pandemic, many businesses learned firsthand that their needed output can be wildly inconsistent, and with that, a need for change has arisen. Thanks to the advancements in technology and automation gained from the race to Industry 4.0, companies all over the world have been thriving off the many innovations over the years.
With businesses worldwide in the pursuit of Industry 4.0, it is now more important than ever to achieve a sense of interconnectedness within your operations. “Plug and Produce” products are one of these vital methods, allowing you to easily improve your output margin in a ridged industry where it is often too costly to do so.
What is Plug-and-Produce?
Establishing an interconnected setup between your computers, production lines, and machines is easier said than done. There are many factors to consider, from the flexibility to quickly adapt to production changes to greater transparency of work processes, all of which ensure your business functions as efficiently as possible.
However, the machinery required for all of this can take up a massive amount of space and their upkeep being wildly expensive. That is where “plug-and-produce” components factor in. Named after the “plug and play” concept of simply putting a flash drive into a computer to start a program, plug-and-produce” consists of a connector that, once installed, will unite a majority of the aspects in a production line.
A plug-and-produce component can provide a wide variety of services, from high voltages, compressed air pressure, and secure connectivity, all to make sure all the processes function as usual. This means you can avoid the pain and costly nature of changes to your supply chain in the future, as you only have to add another connection to your line rather than a full-blown expansion.
An easy example of a plug-and-produce device would be a sorting conveyor belt. Typically, with a large amount of material and products that go through the production line, you would need several stations down the belt to assist in the sorting process, requiring hundreds of meters of cables to connect everything to the system. On the other hand, plug-and-produce can ensure the system is fully automated thanks to distributed control units, saving you thousands of dollars, as well as loads of space in your warehouse.
How Can You Start it?
While these devices can make your supply chain run far smoother, the process of setting them up is not a total cakewalk. It is essential to choose a proper setup based on your business’s industry and products.
First, you must check and see that all of your devices will be using the same architecture, so your operations will run seamlessly. Determining whether you need single or multi-protocol settings is also recommended, as the latter can operate within different networks, beneficial if your operations go across different countries or regions. Finally, the material housing the components can also make a world of difference, as a metal casing can make the product more electrically powerful in the long term.
To know more - https://katalysttech.com/blog/revolutionize-your-warehouse-with-plug-and-produce/
But as simple as it sounds, a lot can go wrong in this phase, which not only leads to increased costs but also undermines trust and negatively impacts your brand.The final mile and last mile refer to the final delivery stage.
Using the last mile in eCommerce can make the difference between a positive customer experience and a return.
The best eCommerce delivery schedules will fail if shippers fail to account for this critical part of the journey, adding more cargo to consumers, increasing profitability.In 2020, the global supply chain management market was valued at 15.85 billion USD and is expected to reach almost 31 billion USD by 2026, according to the Statista report.Here are some of the main problems that eCommerce businesses due to flawed supply chain:Return of orders subsequently increase in logistics costs:Order cancellations are common in eCommerce, but one of the main reasons customers return orders is an error in the last mile delivery process.
Be it late deliveries, inability to track packages accurately, delivery of damaged items, and improper placement of packages – all of these can contribute to more returns.
These incidents usually occur due to negligence of eCommerce companies or lack of modern technology.
As more and more customers return orders, logistics costs increase, affecting market share and customer loyalty.Return order to origin:Salespeople face a significant problem when it comes to “return to origin”.
Advatix is a leading advanced Supply Chain Consulting and logistics firm helping the clients transform their operating models and become the leader in their markets.
At, Advatix we offer a one-stop solution to all the supply chain management needs, from technology development to analytics.We believe the traditional methods of operations cannot fulfill the requirements of modern supply chain management.
We focus on implementation-oriented designs to ensure that every step of the project addresses the key factors required for our client’s success.
We help our clients to strategize, design, build, operationalize, manage, and synchronize the supply chain.
As Supply Chain Experts, apply our unique techniques to rapidly improve supply chain and logistics, benchmark against the best in class companies, and provide metrics to measure success.
To help our clients provide the best customer experience, we ensure the products are delivered as promised, inform the customers about the status of their products, adapt to customers’ changing needs, and meet their demands.We also help our clients to implement the infrastructure, technology, teams, and processes to ensure that their customers' experience stays top priority as we improve the delivery speed and reduce cost.
Supply chain management is an inevitable part of the manufacturing and distribution industry.
Within a supply chain unit, a cloud based SCM software solution helps in moving the materials and products around.
Using conventional approach and equipment results in several limitations; for instance, safety issues and the necessity of operators.
Technological headways and automated solutions are shaping the landscape of each industry.
To manage and control the complex SCM processes, large manufacturers and distributors greatly benefit from the use of supply chain management software.
A supply chain is a process of traversing the products right from the manufacturer to the end consumer.
Every sector comprises a dedicated team to manage the supply chain of products........ http://blockchainhints.mystrikingly.com/blog/how-can-blockchain-help-in-improving-supply-chain-management
Know the importance of supply chain management and the role of supply chain management in organization's success.
Read how SCM can help in growth of an organizationhttps://www.forceintellect.com/2018/05/14/importance-of-supply-chain-management/
