INFOGRAPHIC
Warehousing Analytics Opportunities for
CONNECTED WAREHOUSES
Starting with this issue, we are introducing an Infographics section for easy to comprehend supply chain concepts. The infographics section will be presented by Kumar Singh, leading global supply chain consultant.
Kumar Singh is a Research Director with SAPinsider, a technology research company focused on SAP ecosystem. Prior to that, he founded Smart Supply Chain LLC and was an analytics consultant with Boston Consulting Group (BCG). Kumar has been working in Supply Chain analytics domain for 12+ years now and has helped companies across industries leverage analytics to transform their supply chains.
Many executives may not be aware that equipment and assets in their warehouses may have come pre-loaded with sensors. They are probably already capturing and relaying data and chances are that no one has ever looked at that data.
Even if your warehouse may not be a smart warehouse, your warehouse and yard operations may still be capturing a ton of data through sensors and digital track and trace devices.
Warehouse Analytics opportunities for connected warehouses Even if your warehouse may not be a smart warehouse, your warehouse and yard operations may still be capturing a ton of data through sensors and digital track and trace devices.
2021-2030 The Decade of Supply Chain Tech
Yard Data captured by sensors and digital track and trace devices in warehouses are treasure troves if you leverage analytics prudently
Sensors and Digital Track and Trace
/kumarssingh
Warehouse If you already have the infrastructure in place to collect and centralize this data, you can build a quick and dirty warehouse analytics platform in weeks, with open-source tools
Analy�cs opportuni�es Yard abound….few examples Warehouse Most of that data, inIf my opinion, is not leveraged to its potential. I think thathas track and trace data,toinloads. combination your yard captures load numbers or full trailer numbers, your ERP product assigned You can with build sensor a If you already have the infrastructure in place to collect Data captured by sensors and digital real timebeyond tracker track of which Inbound loadgood is already in the yardhave generated data can be use and trace. The part is, if you the skilled resources, you can build a warehouse and centralize this data, you can build a quick and dirty track and trace devices in warehouses A load dispatch time forinvestment an Inbound can calculate the Trace expected arrival time, based on an algorithm that has warehouse analytics platform in weeks, with open-source Sensors and Digital Track and are treasure troves if to you leverage analytics platform do all this with no in any tech solution, using open-source tools. “learned” transit time in the real world from historical data ( based on lane, carrier, product, tools dispatch time window, day of the week etc. etc.). You can plan your warehouse dock operations opportunities abound….few examples better since Inbound are Analytics the ones on which you don’t have much control.
analytics prudently
Within warehouse fouryard walls, if you are capturing theorright level of data, your you can symbiotic simulation modelYou thatcan willbuild be a a If your captures load numbers trailer numbers, ERPbuild has aproduct assigned to loads. near real time simulation of yourof warehouse operations. Can be done entirely real time tracker which Inbound load is already in the yard with open-source tools or with off the shelf simulation tools and open-source programming tools. A load dispatch time for an Inbound can calculate the expected arrival time, based on an algorithm that has You can also use the datatransit to runtime otherinforms of prescriptive analytics approaches. schedule optimization, flow “learned” the real world from historical data ( basedWarehouse on lane, carrier, product, optimization,dispatch Inventorytime planning etc.day Andof once these in piecemeal approaches, youdock can build one integrated window, the you weekmaster etc. etc.). You can plan your warehouse operations betterthat since Inbound aretothe ones on which you don’t have much platform optimizes end end warehouse and yard operations. Thiscontrol. end-to-end algorithm though will need to connect into other systems likefour Manufacturing systems. Within warehouse walls, if youand aretransportation capturing theplanning right level of data, you can build a symbiotic simulation model that will be a
near real time simulation of your warehouse operations. Can be done entirely with open-source tools or with off the shelf simulation tools and open-source programming tools.
You can also use the data to run other forms of prescriptive analytics approaches. Warehouse schedule optimization, flow optimization, Inventory planning etc. And once you master these in piecemeal approaches, you can build one integrated platform that optimizes end to end warehouse and yard operations. This end-to-end algorithm though will need to connect into other systems like Manufacturing and transportation planning systems.
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