LOLA JACOBS ASSIGNMENTS 0618151315
TRL3708
Assignment number: 01
Year: 2023 (SEMESTER 2)
PREVIEW
Introduction:
Marang Supplies Pty Ltd, a prominent manufacturing firm specializing in motor parts,
has experienced significant growth over the past two decades. However, this
expansion has brought about challenges in managing its supply chain efficiently. The
company currently relies on an outdated legacy system, which lacks real-time
visibility, hinders effective planning, and leads to delays and customer complaints.
To address these issues and stay ahead in the competitive market, Marang aims to
adapt to the fourth industrial revolution (4IR) by integrating modern technological
solutions into its logistics and supply chain management. In this case study, we will
explore various strategies that Marang Pty Ltd can employ to overcome its supply
chain challenges and improve its overall efficiency
, LOLA JACOBS ASSIGNMENTS 0618151315
Introduction:
Marang Supplies Pty Ltd, a prominent manufacturing firm specializing in motor parts,
has experienced significant growth over the past two decades. However, this
expansion has brought about challenges in managing its supply chain efficiently. The
company currently relies on an outdated legacy system, which lacks real-time
visibility, hinders effective planning, and leads to delays and customer complaints.
To address these issues and stay ahead in the competitive market, Marang aims to
adapt to the fourth industrial revolution
(4IR) by integrating modern technological solutions into its logistics and supply chain
management.
In this case study, we will explore various strategies that Marang Pty Ltd can employ
to overcome its supply chain challenges and improve its overall efficiency. The focus
will be on recommending an advanced planning system (APS) to replace the
outdated legacy system, introducing a centralized logistics operating arrangement,
and leveraging technological systems such as the Internet of Things (IoT) and
robotics to create efficiency in warehousing and distribution. Additionally, we will
discuss the application of push and pull systems to optimize manufacturing
processes. By implementing these solutions, Marang Pty Ltd can enhance its service
levels, streamline its supply chain operations, and position itself for success in the
era of the fourth industrial revolution.
1.1Discuss the system Marang Pty Ltd may adopt into the planning system to
replace the outdated legacy system. Use examples from the case study to justify the
discussion.
Discussion: Marang Pty Ltd should consider adopting an Enterprise Resource
Planning (ERP) system to replace the outdated legacy system. An ERP system is a
comprehensive and integrated software solution that facilitates the flow of
information and supports various business processes across the organization
(Bowersox et al., 2020, p. 63). It provides realtime visibility into inventory levels,
production progress, procurement processes, and distribution activities, addressing
the challenges faced by the company.
Examples:
1.Lack of real-time inventory visibility: The legacy system used by Marang Pty Ltd
lacks realtime visibility into inventory levels, making it challenging to make timely
decisions on replenishment or avoid stock outs. With an ERP system in place, the
company can have a centralized database that updates inventory levels in real-time,
enabling better control and planning of inventory management.
2. Manual and time-consuming procurement processes: The outdated legacy system
requires manual effort for procurement, leading to time-consuming and error-prone
processes. An ERP system automates procurement workflows, generating purchase
TRL3708
Assignment number: 01
Year: 2023 (SEMESTER 2)
PREVIEW
Introduction:
Marang Supplies Pty Ltd, a prominent manufacturing firm specializing in motor parts,
has experienced significant growth over the past two decades. However, this
expansion has brought about challenges in managing its supply chain efficiently. The
company currently relies on an outdated legacy system, which lacks real-time
visibility, hinders effective planning, and leads to delays and customer complaints.
To address these issues and stay ahead in the competitive market, Marang aims to
adapt to the fourth industrial revolution (4IR) by integrating modern technological
solutions into its logistics and supply chain management. In this case study, we will
explore various strategies that Marang Pty Ltd can employ to overcome its supply
chain challenges and improve its overall efficiency
, LOLA JACOBS ASSIGNMENTS 0618151315
Introduction:
Marang Supplies Pty Ltd, a prominent manufacturing firm specializing in motor parts,
has experienced significant growth over the past two decades. However, this
expansion has brought about challenges in managing its supply chain efficiently. The
company currently relies on an outdated legacy system, which lacks real-time
visibility, hinders effective planning, and leads to delays and customer complaints.
To address these issues and stay ahead in the competitive market, Marang aims to
adapt to the fourth industrial revolution
(4IR) by integrating modern technological solutions into its logistics and supply chain
management.
In this case study, we will explore various strategies that Marang Pty Ltd can employ
to overcome its supply chain challenges and improve its overall efficiency. The focus
will be on recommending an advanced planning system (APS) to replace the
outdated legacy system, introducing a centralized logistics operating arrangement,
and leveraging technological systems such as the Internet of Things (IoT) and
robotics to create efficiency in warehousing and distribution. Additionally, we will
discuss the application of push and pull systems to optimize manufacturing
processes. By implementing these solutions, Marang Pty Ltd can enhance its service
levels, streamline its supply chain operations, and position itself for success in the
era of the fourth industrial revolution.
1.1Discuss the system Marang Pty Ltd may adopt into the planning system to
replace the outdated legacy system. Use examples from the case study to justify the
discussion.
Discussion: Marang Pty Ltd should consider adopting an Enterprise Resource
Planning (ERP) system to replace the outdated legacy system. An ERP system is a
comprehensive and integrated software solution that facilitates the flow of
information and supports various business processes across the organization
(Bowersox et al., 2020, p. 63). It provides realtime visibility into inventory levels,
production progress, procurement processes, and distribution activities, addressing
the challenges faced by the company.
Examples:
1.Lack of real-time inventory visibility: The legacy system used by Marang Pty Ltd
lacks realtime visibility into inventory levels, making it challenging to make timely
decisions on replenishment or avoid stock outs. With an ERP system in place, the
company can have a centralized database that updates inventory levels in real-time,
enabling better control and planning of inventory management.
2. Manual and time-consuming procurement processes: The outdated legacy system
requires manual effort for procurement, leading to time-consuming and error-prone
processes. An ERP system automates procurement workflows, generating purchase
