Technology integration for Supply Chain Asset Utilization
The advent of technology solutions have made the communication & availability of data a key value addition to managing supply chains. The slew of application typically deployed across the supply chain involve DRP, MRP or ERP solutions. Recently organisations have found utility of connecting the "shop floor to the top floor" through the use of Manufacturing Execution Systems (MES). Tracking & Tracing of inventory has increased due to Radio Frequency Identification (RFID). One the probable ways to improve strategy, planning & execution of good inventory management across the organisation can be through integrating these two pieces of independent technology solutions. MES integrated with RFID has shown sustainable benefits of improved visibility to inventory. Hence the focus of best in class supply chain adopting MRP & RFID due to various competitive reasons has shifted from "Why" to implement to "How" to implement the integration solution