TRL3708
ASSIGNMENT 2
SEMESTER 2
2023
1.1 Discuss 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the outdated legacy system.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.(2)
, Marang Supplies Pty Ltd is currently using a legacy system to manage its supply chain
operations, but the system is outdated and lacks the functionality to manage the
company's growing operations. As a result, the company faces several challenges, such
as lack of real-time visibility into inventory levels and stock movements, manual and
time-consuming procurement processes, difficulty in tracking production progress and
scheduling, and inefficient distribution processes that lead to delays and customer
complaints.
To address these challenges, Marang Supplies Pty Ltd can adopt an advanced
planning system (APS) to replace the outdated legacy system. An APS is a
software application that helps businesses plan, schedule, and optimize their
supply chain activities. The APS can assist the company in the following ways:
Real-time visibility: The APS can provide real-time visibility into inventory levels
and stock movements, enabling the company to make informed decisions about
production planning, procurement, and distribution.
Automation: The APS can automate procurement processes, reducing the
manual effort required to manage procurement activities. The system can also
automate production scheduling, ensuring that production is scheduled
efficiently and on time.
Optimization: The APS can optimize the supply chain by identifying inefficiencies
and bottlenecks in the system. The system can then provide recommendations
for improvement, such as adjusting production schedules or changing
distribution routes.
Forecasting: The APS can use historical data and predictive analytics to forecast
demand and plan production and inventory accordingly. This can help the company
avoid stock outs or overstocking, reducing inventory costs and improving customer
satisfaction.
By adopting an advanced planning system, Marang Supplies Pty Ltd can improve its
supply chain operations, reduce costs, and enhance customer satisfaction.
ASSIGNMENT 2
SEMESTER 2
2023
1.1 Discuss 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the outdated legacy system.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.(2)
, Marang Supplies Pty Ltd is currently using a legacy system to manage its supply chain
operations, but the system is outdated and lacks the functionality to manage the
company's growing operations. As a result, the company faces several challenges, such
as lack of real-time visibility into inventory levels and stock movements, manual and
time-consuming procurement processes, difficulty in tracking production progress and
scheduling, and inefficient distribution processes that lead to delays and customer
complaints.
To address these challenges, Marang Supplies Pty Ltd can adopt an advanced
planning system (APS) to replace the outdated legacy system. An APS is a
software application that helps businesses plan, schedule, and optimize their
supply chain activities. The APS can assist the company in the following ways:
Real-time visibility: The APS can provide real-time visibility into inventory levels
and stock movements, enabling the company to make informed decisions about
production planning, procurement, and distribution.
Automation: The APS can automate procurement processes, reducing the
manual effort required to manage procurement activities. The system can also
automate production scheduling, ensuring that production is scheduled
efficiently and on time.
Optimization: The APS can optimize the supply chain by identifying inefficiencies
and bottlenecks in the system. The system can then provide recommendations
for improvement, such as adjusting production schedules or changing
distribution routes.
Forecasting: The APS can use historical data and predictive analytics to forecast
demand and plan production and inventory accordingly. This can help the company
avoid stock outs or overstocking, reducing inventory costs and improving customer
satisfaction.
By adopting an advanced planning system, Marang Supplies Pty Ltd can improve its
supply chain operations, reduce costs, and enhance customer satisfaction.
