Technology has become more than a support mechanism: it's a strategic tool redefining the rules of engagement. The supply chain sector is a fast-paced environment, and technology has become an essential ally. Its role is more than a support mechanism; it's a strategic tool redefining the rules of engagement. The digital era has ushered in transformative technology to streamline supply chain management. Among these, the P-F interval and predictive maintenance stand out. The P-F interval, indicating the time from a potential failure's first detection to its actual occurrence, is a cornerstone of predictive maintenance. By identifying these failures early, corrective action can be planned before the equipment fails. Sensors embedded in supply chain equipment play a vital role here. They monitor parameters like vibration, temperature, and pressure to detect potential failures and alert the supply chain manager. This information is then used to plan corrective action and prevent equipment failure.
Opinion:
Technology can certainly be a powerful tool for supply chain management, but it is important to remember that it is not a panacea. Technology can help to streamline processes and improve efficiency, but it cannot replace the need for human judgement and decision-making. Technology can provide data and insights, but it is up to the human operator to interpret this data and make the best decisions for the supply chain. Additionally, technology can be expensive and difficult to implement, and it may not be the best option for every supply chain. Ultimately, it is important to weigh the costs and benefits of any technology implementation before making a decision.
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