Current Situation
Prevalent lean practices prescribe that the replenishment of raw material be triggered by Kanban cards. Best practices introduce some level of automation and integration to procurement systems.
Goals and Objectives
Replenishment process costs will be significantly reduced and sped up. This result will allow for greater flexibility in planning as well as lower inventories.
Technology Deployed
Cognitive, blockchain, and IoT
Use Case Summary
An automated, near-real-time connection to suppliers triggers replenishment of raw material.