How Consumer Electronics companies are driving profit using Digital Supply Chain

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Digital Supply Chain

description

Industry leaders and supply chain professionals must take advantage of the opportunities that come with digital operations.

Transcript of How Consumer Electronics companies are driving profit using Digital Supply Chain

Page 1: How Consumer Electronics companies are driving profit using Digital Supply Chain

Digital Supply Chain

Page 2: How Consumer Electronics companies are driving profit using Digital Supply Chain

Digital Supply Chain • Digital supply chains have the capability to provide extensive information

availability and as a result improve reliability, agility and effectiveness of the entire operations. • With a highly competitive electronics manufacturing industry, one would

expect the coronavirus pandemic, which caused major shifts in both supply and demand of components and products, to wreak havoc on the industry.• Factory closures in Asia and shortages of components and materials

interrupted manufacturing for many. • Yet some companies, especially those who diversified their product lines,

manufacturing sites and suppliers, quickly adjusted to the changing conditions and shifted operations to locations with less impact.

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Samsung

• Samsung, with a presence in 24 locations and more than 11,000 staff in Europe, had a fragmented and complex landscape of logistic service providers (LSP). • They redesigned the operating model to integrate the organizations of

the LSPs and Samsung. • A central function was set up as a Track and Trace System for planning

and controlling the product flow from port to customer, through automated processes. Cost data were made available automatically without manual intervention and delays

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Smart Packaging solutions

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Philips

• Philips was facing challenges of infiltration where counterfeit products entered the supply chain and the brand was unable to identify the authenticity of the product. • Smart Packaging solutions were used for product authentication as

each product now has a unique code which can be verified through the Philips website.• Philips Xenon provides an authenticity certificate via the QR code on

packaging to build consumer trust. Many companies also use the same QR code for issuing E-warranty and managing returns.

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Sepio Products

• Sepio Products is an IoT platform focused on transforming supply chain security and efficiency by creating unique digital identities for products and shipments and tracking them through their lifecycle.• Sepio is industry leader in security products and solutions• Sepio has more than 2000 happy customers.• Sepio has rich experience in supply chain & digital technologies.• For more information about track and trace System, visit to our

official website www.sepioproducts.com

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