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IMPROVE YOUR OPERATIONAL EXCELLENCE

Industry 4.0 technology helps optimizing supply chains

Industry 4.0 technology helps optimizing supply chains

IoT gives access to real-time data and insights to make smarter and faster business decisions, which can improve operational efficiency and even profitability. Despite the high level of automation in most production facilities and warehouse operations, there are some materials that are in grey area hence the consumption is difficult to monitor in real-time.

FORCIOT is a pioneer in printed stretchable electronics and revolutionizes with FORCIOT®SKID the way companies track their inventories based on weight. Technology helps to manage operational issues by creating trigger points for attention and intervention.

Fully automated monitoring system for supply chains with advanced IoT sensors

Thin reusable measurement sensors are placed under monitored goods. Sensing weight enables tracking of liquids or other materials that cannot be counted as single objects. The system can be used to track if the object is present or not, monitor inventory level, or follow the fill-in to a set target weight. If activity is recurrent with the same maximum weight, an automatic reset can be used and there is no need for manual resetting of the monitoring.

Real-time data brings real-time value

Technology replaces manual work of visual inspection or taking the pallet to an industrial scale or using a forklift scale or pallet jack with scale. The is no room for human error and uptime and efficiency is maximized.

Industry 4.0. is powered by the Industrial Internet of Things (IoT). Digitalization of logistics and automating manually gained data transforms the operational process’.  FORCIOT® SKID is not just a sensor plate that measures weight, it is a fully automated monitoring system for supply chains with advanced IoT sensors. Replenishments are automated based on real-time consumption and real-time stock level data creates added value by improving operational excellence and minimizing manual work.


Interested to hear more how FORCIOT® SKID could improve your operational excellence? Please contact us.

Securing availability of your goods to the end customer is crucial for sales, but how to get visibility to consignment stocks?

Securing availability of your goods to the end customer is crucial for sales, but how to get visibility to consignment stocks?

Traditionally, consignment inventory management has revolved around a supplier and customer working together and sharing information. The situation is far from optimal. No visual contact, no access to customer’s ERP and no up-to-date sales numbers are common problems. Especially in the case of irregularly needed materials, consigned inventory monitoring needs a lot of extra effort. The idea in Vendor Managed Inventory (VMI) is that the supplier of the goods takes full responsibility for maintaining an agreed inventory.

ERP integration is commonly used in bigger corporations and volumes. But even that does not always solve the problem of not having real-time data, especially with items that cannot be counted as single objects or with items that are consumed and tracked in different units.    

No effort needed from the client

FORCIOT® SKID makes Vendor Managed Inventory (VMI) easy for all stock types on pallets – even for materials such as powders and chemicals! FORCIOT® SKID works on its own and no ERP access is required. These measurement plates, inventory weight indicators, are placed under the monitored pallets and no other effort is needed from the client. Vendors can access the file rate data in an easy-to-use web application and set triggers for replenishments. The supplier can keep optimal stock in customer location and secure availability for its products without the need for safety stocks or extra buffers.

Better sales decision can be done based on the data

The process is simpler, easier, and faster for replenishment and invoicing. Forecasting demand is more accurate and data can be easily shared with necessary stakeholders such as sales, procurement, warehouse, production, and customers’ contact persons. With the help of technology risks of not invoicing, running out of stock, or overstocking can be avoided.  

Interested to hear more how FORCIOT® SKID could improve your operational excellence? Please contact us.

Automizing manual Just-in-time (JIT) process’ with FORCIOT® SKID

Automizing manual Just-in-time (JIT) process’ with FORCIOT® SKID

The just-in-time (JIT) inventory system is a management strategy that minimizes inventory and increases efficiency. FORCIOT SKID helps to automate replenishments as close as possible to when they are needed. Consumption of semi-components in production lines can be challenging to track for Just-in-time replenishment. Typically, there are some raw materials or goods that are not tracked in the ERP system or the data in the ERP system is not reliable. Those materials are tracked manually by visual inspection.  Having manual work creates costs and risks to disrupt operations.

Raw-material orders can be automated directly to production sites from suppliers based on real-time consumption. Deliveries from subcontractors can also be managed in a similar way.  One of the great benefits of an IoT system is that data can be shared to several stakeholders easily.

Supply chain delays can impact revenue

No real-time visibility of the inventory causes supply chain delays that are costly.  Availability suffers and there could be temporary stockouts or overstocking because of safety stocks. Whenever operations are manual, there is room for human error in the warehouse or production site. The worst-case scenario is that some crucial raw material runs out and the production stops. That can impact customer deliveries hence the revenue.

Recurrent replenishments can be automated without any user intervene

FORCIOT® SKID is an easy-to-use IoT solution with weight-based measurement plates called skids. Skids are intelligent measurement plates which are placed under the monitored pallets. Skids can be used at several points of the supply chain from manufacturing to points of sales.  

If in the production line or warehouse the same weight pallet is always replenished, the process can be automized by setting Inventory Level Monitoring on with automatic reset. Whenever the pallet load is too low system alerts, and when the pallet is filled again, monitoring continues automatically.

 
Interested to hear more how FORCIOT® SKID could improve your operational excellence? Please contact us.