Track and trace project
Abstract
Ceat Tyres has initiated the Track-n-Trace project for tracking its inventory through various levels of the supply chain. The major motivations for the project were as follows:
• Vehicle level tracking of goods - this holds importance due to multiple reasons:
o Currently, sender and receiver rely on transport vendor for delivery related updates
o Low visibility over detention times inside the plant – the time is chargeable as per transporter contracts
o Delays/discrepancies in freight payments
o Human dependency in the time-stamping process
• Inventory / Asset level tracking – this level has below sub-motivations:
o Enabling the FIFO system for issue of inventory
o Counter mismatches, shortages, and excesses
o Easing up the physical verification process for inventory
o Tracking the complete history of a product
o Enabling product recalls in case of failed product tests
Collections
- Student Projects [3208]