Supply Chain 4.0 and Potential Application in the Dairy Industry
1. Supply Chain 4.0 and Potential
Application in The Dairy Industry
Prepared By
Riri Kusumarani
(Ideas were developed from Team 4 @ KAIST Global Entrepreneurship Camp 2018)
2. Companies are finding it increasingly difficult to control their supply chains and the cost of failure is higher than ever,
according to a report by the association for risk management professionals Airmic.
Supply Chain 4.0
supply-chain management applies Industry 4.0 innovations—the Internet of Things, advanced robotics, analytics, and
big data—to jump-start performance, and customer satisfaction (Forbes.com).
Global BlockChain in Supply Chain Market is Expected to Reach $424.24 Million by 2023 With a CAGR of 48.37 %
During the Forecast Period. The product traceability segment is estimated to hold the largest market size in 2018.
5. Cattle Farms Transportation
Processing &
Packaging
Transportation Customers
1.4% Wasted Milk
Out of the 9.6 million gallons of milk delivered to their
processing plant monthly, 90,000 gallons are lost,
equivalent to about 1%. (Capstone Report, 2016)
The plant also reported that 0.25% of product is lost during
transportation from the plant to the retailer.
6. Food losses that can be allocated to transport could be reduced by information transparency across the supply by 30%
(Arivazhagan,2015). Nowadays not much information is shared along the supply chain, due to the difficulty to get these
information.
7. How Supply Chain 4.0 Can Help?
IoT, Advanced Robotics, Analytics and Big Data can be the solution.
Real-time monitoring system incorporated with sensors adjusted to supply chain needs.
Integrated sensors with automated adjusting system based on specific requirements.
Source: corpusgps.com
8. Drones Technology combined with
sensors to detect spoiled products in
storage and remove it from product
batch.
#1
Drones Technology combined with GPS to
detect transport products based on FIFO.
#2
All ideas are my intellectual property. You require my permission to use any of the ideas here.
Source: Globaltrademagz.com
Source: qad.com
9. These ideas can be applied to different products which are perishable