Komatsu Komtrax Asset Tracking Meets Demand Forecasting Willy Shih Paul Hong YoungWon Park 2018
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I recently had the opportunity to participate in a case study presentation, “Komtrax Asset Tracking and Demand Forecasting”, sponsored by Komatsu America Corp (KMC). The event was held at a local hotel and was attended by KMC senior executives and about 40 other attendees, including about 10 vendors and partners. The program provided a fascinating overview of KMC’s technology, which allows mine operators to identify equipment need and demand before they enter the mine. The case study is focused on Kom
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I recently completed a 3-month research project in which I used Komatsu Komtrax Asset Tracking technology in conjunction with a PLC to implement a new demand forecasting method in a company in the electronics industry. The technology has the potential to completely revolutionize the way demand is forecasted in the supply chain. The project was funded by IBM, which provides the Komtrax technology. Komatsu Komtrax Asset Tracking is a state-of-the-art asset management solution that enables companies to optimize
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Problem Statement of the Case Study
Komatsu Asset Management (KAM) has recently developed a new Komtrax Asset Tracking (KAT) technology. Aiming to meet customer’s specific needs for Demand Forecasting, the KAT technology, with its high-precision monitoring system, could help Komatsu customers to forecast asset’s daily, monthly, quarterly, and even yearly utilization rate at the plant level. continue reading this This capability could be applied in various aspects such as: equipment utilization, production line, storage space allocation, vehicle fleet management, material
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[A case study I wrote on 11/27/2018] Komatsu Komtrax Asset Tracking Meets Demand Forecasting Willy Shih, Paul Hong YoungWon Park Komatsu has an increasing trend of using Komtrax Asset Tracking technology for their machines, and this technology meets their demand forecasting needs. harvard case solution The paper describes the Komtrax technology and how it works, its implementation in Komatsu’s production system, and the benefits of the system in
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The Komatsu Komtrax Asset Tracking System is one of the most advanced machines’ technologies that help businesses maximize the productivity of its equipment. Komtrax Asset Tracking System uses advanced software and sensors to provide accurate and real-time data to ensure that the machines work optimally and maximize the productivity for maximum customer satisfaction. The Komtrax Asset Tracking System consists of two primary components; the Komtrax Asset Tracker and the Komtrax Demand Forecasting Software. The Komtra
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In 2014 Komatsu Inc. Announced its new Komtrax Asset Tracking System, offering users comprehensive asset tracking and inventory management capabilities. However, the new asset tracking technology is not merely an upgrade. It was specifically developed to meet the demands of increasing global industrial demand forecasting requirements in terms of quality, reliability and lower costs. The system is based on a unique, highly advanced system that offers an intuitive data management platform. To demonstrate the potential and effectiveness of the system, I was provided with the Komtrax-AS