SCM20003 Global Logistics and Supply Chain Management - Reflective journal

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Final Assessment: Reflective journal

Nature of the assessment: Individual Assignment (The reflective journal is a flexible, evidence-based activity that combines your reflection and documentation). Moreover, this reflective journal should demonstrate your ability to describe key concepts and theories and how they are applied in real work (or life) situations in the context of the case study provided.

Word limit: 2600-2800 words (10% +1- is allowed) Marks Allocated: 40%

Submission: Turnitin submission is compulsory.

Aim: This assignment aims to achieve the 10, 2. and 3' learning outcomes of the unit of study.

Moreover, through this assignment, it is expected that you will have acquired necessary competencies to

  1. explain the key concepts related to global logistics and supply chain management,
  2. apply the concepts to improve your workplace practices in the context of the case study details provided,
  3. visualise how you would apply the concepts,
  4. reflect on the key concepts learnt,
  5. learn the art of supporting your learning reflections through the application of key concepts in real world logistics and supply chain scenarios,
  6. demonstrate what you have achieved through your learning by responding to the specific questions related to the case study details provided

Specific Task:

(40 marks): You are required to answer the following questions related to the case studies: 1. loT in Logistics: Technologies and Usages, 2. Digital Transformation in Logistics

Case studies can be accessed via

  1. IOT in Logistics https://advantage-marketline­eutproxv.openathens.net/Analvsis/ViewasPDF/iot-in-logistics-technologies-72460
  2. Digital Transformation in Logistics https://www.portal.euromonitor.com/portal/?WE3vgAvxTi%2bzHk6GPwck2be2pX5LSLcwvbI8NZ9fY LOStKzLCBfdiDaxQ%3c1°/.3d

Question 1: "In the logistics sector, keeping track of the current location of the vehicle and parcel has always been a major challenge. Consequently, internet of things (loT) is redefining next generation logistics and fleet management with its ubiquitously connecting capabilities. loT can enable organizations to accomplish transparency, efficiency, maintenance, automation, and cost optimization all throughout supply chain processes." Reflect upon this statement in the context of the facts given in the case study and the theoretical concepts you have learnt in lecture 1, 4, 5, & 7. You are required to demonstrate your ability to apply relevant key concepts learnt in these lectures to reflect upon this statement in the light of the case study facts.

Question 2: "Technological advancements are opening up a range of new opportunities for logistics companies, as loT solutions for the logistics sector are more affordable and useful. loT is playing a great role in logistics by tracking and tracing products to provide complete visibility into operation and monitor everything in real time". Reflect upon this statement and discuss how these new technologies help improve distribution, warehousing and transportation functions learnt in lecture 4, 5 & 9. You are required to demonstrate your ability to apply relevant key concepts learnt in these lectures to reflect upon this statement in the light of the case study facts.

Question 3: "Integration of loT and Big Data in logistics is expected to be a game changer that can enhance the accuracy of demand forecasts, discover new demand patterns, and develop new services by sharing data with partners across the supply chain. In addition, they can increase asset uptime and throughput, engage in preventive maintenance and conduct close to real-time supply planning utilizing dynamic data feeds from production sensors and the loT." Reflect upon and discuss how demand management function could be improved. Also discuss how data sharing enhance supply chain collaboration and planning. You are required to demonstrate your ability to apply relevant key concepts learnt in these lectures to reflect upon this statement in the light of the case study facts. (focus on concepts learnt in Lecture 2, 3, 5 and 8)

Question 4: Assuming that you are required to offer logistics consulting services to an Australian business operating in the food industry, explain FOUR key points that you would offer as advice to the business with regard to Internet of Things (loT), digital transformation in logistics and achieving operational efficiency. Use the facts given in the case study and your own research.

Solution

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