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November 15, 2017
Uncovering Decaying Supply Chain Links with IOT Asset Monitoring by Supreet Oberoi
A Tale of Two Wines
I’ve spent most my life in the Bay area. The weather is mild, and the traffic not. Over time, I’ve become fond of a particular French wine sold in a chain grocery store. The wine had good character and depth, but its price initially made me think I’d be drinking vinegar! So, when I had to relocate to (hot! hot!) Arizona for two years, I found the same chain grocery store to buy my wine. Everything inside the store was arranged in exactly the same way as in California. More surprising, they had all the same products, including perishables, as in my California store. And there it was -- my favorite cheap wine! I thanked the supply chain gods for making this happen.
I took my wine to the corporate housing, feeling very much like I was home. I opened the bottle and let the wine breathe. First sip… it tasted not just like vinegar, but bad vinegar! Second sip… still the same. I went back and got another bottle… same taste. Obviously, somewhere during the transit of the cargo, this delicate, cheap wine was exposed to the hostile Arizona heat for too long. That killed it. I was so disappointed.
So what does this really have to do with the supply chain process you ask?
Decayed Links in the Supply Chain Process
When we started doing IoT development at Oracle, one of the most common customer concerns was reducing theft and waste in the transport of perishable goods (for example, groceries, poultry) and semi-perishable goods (such as wine). Though we offer the best practices to tune your supply chain logistics to reduce your hazards when moving your perishable goods, we realized many risks still weren’t being addressed.
Risk 1: Asset Is Missing
What do we mean by assets? An asset may be a keg waiting to be loaded in a yard, or it could be an excavator, a loader, lathe, drill, blood infusion pump, or a patient bed. Assets could be goods moving through the supply chain system, or a tool enabling the movement of those goods. Some of us sheltered within our software world don’t ever consider the loss of physical assets – it takes us by surprise. How can an asset get lost? Read the complete article here.
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