Write a research report of about 3000 words focusing on one of the following topics 1. How to reach next level of supply chain by AI, IoT and Blockchain? 2. How blockchain architectures streamline...

1 answer below »
Write a research report of about 3000 words focusing on one of the following topics 1. How to reach next level of supply chain by AI, IoT and Blockchain? 2. How blockchain architectures streamline accounting for supply chain ? 3. How machine learning can transform the Supply Chain? The report should be well researched and written in accordance with APA referencing style. REQUIRED Form a group of between 4 members. The following are the deliverables in this project: 1. Each group is expected to choose one of the above topics and write a research report of about 3000 words. 2. Each report should referenced a minimum of 15 peer reviewed journal articles and conference papers. 3. Final deliverable consists of a presentation (10%) in week 10 and a research report (15%) in week 11. 4. Presentation of your findings in this project would be of about 20-minute duration


1 ITECH7413- SUPPLY CHAIN MANAGEMENT TEAM ASSIGNMENT WEIGHTING: 25% (15% for the report and 10% for the presentation) TASK and Due Week Group Presentation (Due Date - Week 10 – Allocated Laboratory) Learning Outcomes Assessed: K4, K5, S1, A1, A2, V1, V2 Group Report (Due Date – Week 11 Sunday 11:55pm) Learning Outcomes Assessed: K1, K2, K3, K4, S1, A1, A2, V1, V2 Group Members: Min Three and Max four members in the group ( please contact Lead Lecturer/ Lecturer or Coordinator if only two people left after all groups in the lab; Students must be from the same lab to form a group) DETAILS Write a research report of about 3000 words focusing on one of the following topics 1. How to reach next level of supply chain by AI, IoT and Blockchain? 2. How blockchain architectures streamline accounting for supply chain ? 3. How machine learning can transform the Supply Chain? The report should be well researched and written in accordance with APA referencing style. REQUIRED Form a group of between 4 members. The following are the deliverables in this project: 1. Each group is expected to choose one of the above topics and write a research report of about 3000 words. 2. Each report should referenced a minimum of 15 peer reviewed journal articles and conference papers. 3. Final deliverable consists of a presentation (10%) in week 10 and a research report (15%) in week 11. 4. Presentation of your findings in this project would be of about 20-minute duration. 2 5. Every student is expected to submit a short report to their lecturer stating their contribution to their team. Lecturers reserve the right to reduce a student’s mark if their contribution to their team is deemed insubstantial. 6. Each team is expected to present their report findings as part of the “Team Report Presentation” assessment task during week 10. You are reminded to read the “Plagiarism” section of the course description. Your essay should be a synthesis of ideas from a variety of sources expressed in your own words. 7. All reports must use the APA referencing style. University Referencing/Citation Style Guide: The University has published a style guide to help students correctly reference and cite information they use in assignments (American Psychological Association (APA) citation style, http://www.ballarat.edu.au/aasp/student/learning_support/generalguide/print/ch06s04.shtmlor Australian citation style 8. Reports are to be presented in hard copy in size 12 Arial Font and doublespaced. Your report should include a list of references used in the essay and a bibliography of the wider reading you have done to familiarize yourself on the topic. 9. Report Submission: Hard-copy to tutors/lecturers assignment box in week11.Double- sided printing for the hard-copy is encouraged in order to save paper. Declaration should be done to declare how much (percentage) each of the team has contributed to the report. 10. A passing grade will be awarded to assignments adequately addressing all assessment criteria. Higher grades require better quality and more effort. For example, a minimum is set on the wider reading required. A student reading vastly more than this minimum will be better prepared to discuss the issues in depth and consequently their report is likely to be of a higher quality. So before submitting, please read through the assessment criteria very carefully. http://www.ballarat.edu.au/aasp/student/learning_support/generalguide/print/ch06s04 3 Team Report – Marks 100 Weighting: 15 % for Team Report Student IDs: Assessment Criteria: Score Very Good Good Satisfactory Unsatisfactory (0) Presentation Information is well Information is Information is somewhat Information is somewhat /Layout organized, well written, organized, well written, organized, proper organized, but proper and proper grammar with proper grammar grammar and grammar and and punctuation are and punctuation. punctuation mostly punctuation not always used throughout. Correct layout used. used. Correct layout used. Some elements of /05 marks Correct layout used. used. layout incorrect. Structure Structure guidelines Structure guidelines Structure guidelines Some elements of Enhanced followed exactly mostly followed. structure omitted /10 marks Introduction Introduces the topic of Introduces the topic of Satisfactorily introduces Introduces the topic of the report in an the report in an the topic of the report. the report, but omits a extremely engaging engaging manner which Gives a general general background of manner which arouses arouses the reader's background. the topic and/or the the reader's interest. interest. Indicates the overall overall "plan" of the Gives a detailed general Gives some general "plan" of the paper. paper. background and background and indicates the overall indicates the overall /10 marks "plan" of the paper. "plan" of the paper. Discussion of All topics discussed in Consistently detailed Most topics are Inadequate discussion Topics depth. Displays deep discussion. Displays adequately discussed. of issues Little/no analysis of issues with sound understanding Displays some demonstrated no irrelevant info. with some analysis of understanding and understanding or issues and no irrelevant analysis of issues. analysis of most issues Information and/or some irrelevant /50 marks information. Conclusion An interesting, well A good summary of the Satisfactory summary of Poor/no summary of the written summary of the main points. the main points. main points. main points. A good final comment A final comment on the A poor final comment on An excellent final on the subject, based subject, but introduced the subject and/or new comment on the on the information new material. material introduced. subject, based on the provided. /15 marks information provided. Referencing Correct referencing Mostly correct Mostly correct Not all material correctly (APA). All quoted referencing (APA). All referencing (APA ) acknowledged. material in quotes and quoted material in Some problems with Some problems with the acknowledged. All Quotes & acknowledged. quoted material and reference list. paraphrased material All paraphrased material paraphrased material acknowledged. acknowledged. Some problems with the Correctly set out Mostly correct setting reference list. /10 marks reference list. out reference list. SubTotal-/100 marks Total out of 15 4 Team Report Presentation – Marks 100 Weighting: 10% for Team Presentation Students are expected to create and present a 10-15 minute overview of the findings from their Team Report. Student IDs: Assessment Criteria: Criteria Marks Introduction /10 Content /40 Conclusion /10 Presentation Style e.g. clarity, engagement /20 Team participation /10 Timing (10-15 minutes) /10 SubTotal-2 /100 General Comments: Team assignment Total = SubTotal-1 + SubTotal-2.
Answered Same DaySep 14, 2021ITECH7413

Answer To: Write a research report of about 3000 words focusing on one of the following topics 1. How to reach...

Akash answered on Sep 17 2021
131 Votes
Running Head: AI, IoT AND BLOCKCHAIN    1
AI, IoT AND BLOCKCHAIN        15
HOW TO REACH NEXT LEVEL OF SUPPLY CHAIN BY AI, IoT AND BLOCKCHAIN
Table of Contents
Introduction    3
Supply Chain Management (SCM)    3
Levels of Supply Chain Management (SCM)    4
Artificial Intelligence    5
Internet of Things    6
Blockchain    7
Role played by AI, Blockchain and IoT in Supply Chain Management    8
Reaching the next level with the use of AI, Blockchain and IoT    9
Conclusion    12
References    14
Introduction
This discussion enables us in understanding the process of supply chain management and the efficiency that can be brought in the process with the use of technology, mainly artificial intellig
ence, IoT and Blockchain technology. With the increase in innovative spirit across the globe, the modern technologies are taking the supply change process to the next level of Supply Chain Management. In the supply chain process of most successful companies, use of high-level technology is clearly evident.
Adaptation to technology is the crux behind the improvement in efficiency of supply chain process of successful companies. Multinational companies work across different geographical areas, which, makes it important for them to use the technology to automate their processes. Technology plays a great role in modern times. Companies use technology to reduce the wastage of resource and speed up their operations. This enables the companies to reduce the dependence on human labour and further speed up their business processes.
Supply Chain Management (SCM)
In a nonprofessional person’s language, supply chain management can be referred to all the activities involved from procurement of raw material to delivery of goods to the final consumers. It also includes after sales service. As noted by Narayanaswami, Nooyi, Raghavan and Viswanathan (2019), SCM is a complex combination of different business processes and requires effective co-ordination among various departments of an organisation. Companies pay due attention towards improving the supply chain processes as it enables them to reduce the time in delivering of goods, improvement in quality of products, reducing wastage and increasing overall efficiency of the business operations.
According to Barclay, Preece and Taylor (2018), use of technology across various levels of the supply chain reduces the risk of human errors along with automation of processes. Automation speeds up the flow of activities, which increase the efficiency of the organisation. Artificial Intelligence, Blockchain technology and Internet of Things have completely changed the shape of supply chain in the modern times. This assignment deals with the role of AI, IoT and Blockchain technology in taking the supply chain to the next level.
Levels of Supply Chain Management (SCM)
There are three levels of supply chain management, which includes operational, tactical and strategic level. As commented by Salah, Rehman, Nizamuddin and Al-Fuqaha (2019), every level of organisation has an important role to play in the success of any business. The planning activities dealing with short-terms are covered under the operational supply chain management. It involves managing the daily activities such as sales, purchase, transportation, demand fulfilment, monitoring and other similar activities.
At this level, short-term decisions are taken, that are very important for day-to-day operations of the entity. According to Calatayud, Mangan and Christopher (2019), both manual and digital technology is used this level of SCM. In case of small-scale organisation, such decisions are taken manually and the operations are also executed manually. However, in case of organisation like Walmart and others, much of the processes are automated and technology is extensively used to automate the process, thus reducing the involvement of humans in the process.
At the tactical level of supply chain, the decision relating to 6-12 months are taken generally. At this level, there is more involvement of mangers and technology is used to generate data and such activities. At this stage of supply chain, the decision, related to demand forecasting, short-term planning, scheduling and others are taken. As mentioned by Rabah (2018), effect of market on the daily activities are also considered at this stage and the managers use their skill and tact to take decisions. This stage plays an important role in the success of the organisation as this stage is connect between the top-level management and the operations of the entity. Digital software is used for analysis of large-scale data and they derive outputs, which can help managers in taking decisions.
The strategic level of supply chain management involves the top-level management of the organisation. Activities such as new product launch, raising capital from the market and others are undertaken at this stage. The top-level management use high-level software to analyse the data and frame strategies to beat the competitors and increase the market share. This level mainly deals with the vision and mission of the company. As noted by Olsen and Tomlin (2019), most successful companies tend to frame strategies for more than 5 years.
The accuracy of the prediction helps a lot in the success of the organisation. As most of the strategies depend on long-term predictions, the accuracy of predictions matters a lot. Planning is very crucial for both short-term and long terms success. Technology plays an integral role at all the levels of the SCM. Technology is equally important at all the levels of organisation.
Artificial Intelligence
Artificial Intelligence is the simulation of human intelligence processes using technology. It can be used for activities such as planning, recognition of speech and others. Artificial Intelligence has penetrate the lives of humans and has made life a lot easier. According to Wohlgemuth, Umezawa, Mishina and Takaragi (2019), artificial Intelligence can be effectively used for various activities such as solving a critical problem and others.
Artificial Intelligence technology has the ability of reasoning, learning and self-correcting. The advancement of technology has increased the efficiency of processes. However, the human intelligence cannot be matched by artificial intelligence. Artificial intelligence is sued for automation of processes in factories and other areas. The process can be streamlined using the technology, which reduces the average cost of production along with substantial decrease in time required for execution of activities.
In the current scenario, Artificial Intelligence has replaced large number of jobs as automation leads to decrease in the risk of human errors. In addition to that, the time required to...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here