viewpoint Consumer electronics viewpoint and beyond The consumer electronics industry Stora Enso viewpoint 1/2014

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "viewpoint Consumer electronics viewpoint and beyond The consumer electronics industry Stora Enso viewpoint 1/2014"

Transcription

1 Stora Enso 1/2014 Consumer electronics and beyond Consumers of electronics products have become used to continuously expecting more. Demand shifts quickly, and new product launches and several mega-trends will impact the expected future of the electronics industry. Packaging grows in importance as it is gradually further integrated with both brand and product. As such packaging is so much more than just a box containing a product. This brings clarity to how a brand owner can use packaging to create a competitive advantage. The consumer electronics industry The consumer electronics industry covers a wide range of appliances used every day in communication, entertainment and for business purposes. From a packaging perspective the industry can be divided into two sub-segments: Small appliances: e.g. cell phones and accessories Large appliances: e.g. TVs and computers The industy consumes a significant amount of corrugated material and the volume is expected to grow at a rate of 6 % per year during the next 5 years (Smithers Pira: The future of Global Markets for Corrugated Board Packaging to 2017). On a global scale corrugated and carton materials make up 31 % of the total amount of materials used in packaging cross all industry segments and the distribution between materials is expected to stay at the same levels also in the future (Smithers Pira International). This will focus primarily on packaging aimed at protecting and transporting a product, i.e. secondary packaging. However, as there are commonalities with other types of packaging as well, several of the conclusions will be valid also to primary packaging. We will also address those aspects where packaging also has a purpose to communicate a message, create awareness or support differentiation.

2 Recycled fibre Virgin fibre Recycled CCM Virgin CCM Design Converting (incl. corrugation) Contract filling /packers Logistics providers Brand owner Logistics providers Wholesale Retail Warehouse Online Retail Consumer The consumer electronics packaging value chain The value chain dynamics (i.e. the power play between the different steps) continuously evolve over time. From a packaging perspective there are at least six developments that should receive specific attention: 1. The consumer is gradually becoming more powerful as a result of being better informed and the fact that the retail arena is very competitive. 2. Physical retailers are losers in the power balance as the market is still rather fragmented. This situation is likely to change when the market consolidates. 3. Online retail has grown substantially in many countries and it has gained a larger share of the wallet as well as consequently also increasing its power. 4. The importance of efficient and effective logistics has increased in the value chain. There are two reasons behind this development: i) as on-line sales grow, demand for logistics services increases, ii) as logistics and supply chain costs are a significant part of the total cost, well-managed logistics operations can generate considerable savings in the value chain. 5. The brand owner is the primary power house along the value chain, and will also benefit the most from the structure and appearance of packaging. 6. Consumer demand for more sustainable solutions combined with intensified regulatory requirements regarding extended producer responsibility will affect the whole value chain going forward. New legislative measures may include taking responsibility for used products and the subsequent management of waste with financial responsibility for such activities. Trends shaping 2016 and beyond In order to predict changes in the value chain beyond 2016 and how the value chain players can benefit from packaging, we will analyze the key trends in the market that will shape the future. We have selected the five major trends that we believe will play a significant role in shaping the future. These five key trends are: 1. Shorter development cycles and more new products: Driven by consumer behaviours and technological developments the speed of new product development has significantly increased. The number of available products and variants at any given point in time increases constantly. 2. Increased consumer power and competition: Peer opinion plays a more important role and competition between brands and models has increased making it even more important to use every opportunity to stand out from the crowd. 3. Increased awareness for sustainability issues: The trend towards environmental-consciousness is expected to continue as natural resources are depleted at an increasing rate and as waste becomes a bigger problem. According to one study 64 % of the population is actively looking for sustainable products (Smithers Pira: Future of sustainable packaging ). Regulatory demands also add extra fuel to this trend and will play an important role for brand owners. 4. Increased importance of visual appearance: Increasing competition among brands drives the need for packaging in assisting in brand-building and differentiation. When both traditional and online retailers have direct contact with the consumer, packaging becomes an important touch point between brand owners and the consumer. 5. Growth of e-commerce: Internet retailers have continued to gain share of sales and show double digit growth in many areas. They have already become an important sales channel and hold a considerable share of sales. According to Forrester s Online Retail forecast we can expect to see growth rates between 9 % and 18 % in Europe for the period , which will further increase the power of online retailers. The trend will drive demand for more secondary packaging as more products are individually shipped to the consumer. In addition, the trend will also shorten the time between a purchase and delivery as customers are unwilling to wait too long for orders. These trends will have implications for all the players in the value chain, though to different degrees. Note: CCM = Corrugated Case Material

3 The effects on traditional retail Retailers seek ways to streamline their operations to stay competitive. Cost efficiencies will be very important in the competitive market. In Sweden, for example, some retailers have recently gone bankrupt and several larger retail chains have been forced to close their stores. Therefore, any suggestion of where packaging can support a cost reduction will be greatly appreciated by pressured retailers. Examples of the implications for packaging in this regard will include solutions improving store efficiency, e.g. in store friendly logistics solutions. The increased variety of products and shorter sales windows will also lead to a risk of obsolescence and will consequently require smarter and faster logistics solutions to mitigate these risks. In order to handle the threat of the growth of online channels, most retailers have introduced their own online channels, and these are likely to gain in importance. In addition the visual appearance of the store has increased in importance and packaging has, as a result, become an important sales and marketing tool. The effects on online retail Online sales show strong growth, being double digit in many countries, and will continue to take a larger share of total sales. The importance of packaging will increase with the growth of e-commerce, both as a transport package but also as a brand-carrier. Today, we see simple strong boxes aimed at protecting items while seeking low cost being used by online retailers. However, we can also see a trend whereby some retailers take advantage of the opportunity to use the box as a means to promote their brand, which is something that we believe will increase. Both today and in the future we will most likely have both types of options, dependent upon retailers and brand owners strategic choices. Current packaging solutions have the potential to further optimize online retail, but they have to be improved because of increasingly individualized delivery patterns and shorter delivery times. This will drive demand for flexible, adaptable and multipurpose packaging. Brand owners are also likely to develop new solutions that are optimized for the online channel (e.g. promotional products for online channels and packaging that can support a variety of products and combinations in a more efficient manner). The effects on logistics Effective and efficient logistics will be increasingly important both for physical stores, as well as for online sales. Logistics operations are confronted with rising complexity due to an increased variety in assortment, smaller delivery batch sizes and shorter delivery times. Packaging can maintain or even reduce logistics costs through improved stacking, the optimization of box filling/loading and weight reductions. To provide further benefits, flexibility will be key, for example, thorough multipurpose uses allowing the same package to support several cargo and product combinations. The increased importance of logistics in the overall value chain will also set higher requirements as to availability. This will be a driver for services such as just-intime deliveries, vendor-managed inventories, and other types of logistics solutions that allow brand owners to respond to demand in a quick and efficient manner. A well thought through and well managed supply chain can act as a source of competitive advantage in a dynamic and fast evolving environment. Flexibility and an ability to adapt to changes in demand will be of paramount importance in the future for both logistics players and packaging providers. Key success factors The trends and their impact on downstream value chain steps have implications for how a brand owner should act. The success will come from a focus on at least six dimensions. Consequently, packaging providers must ensure that these six dimensions are addressed to support brand owners. Optimize operations Reduce cost Enable basic functionality Key success factors for packaging Text in 2016 and beyond: Communicate the value of being sustainable Support brand value building Decrease time to market

4 1. Enable basic functionality Basic functionality is about meeting agreed upon requirements and having the necessary capabilities to qualify for the order. In consumer electronics the main role of packaging is to protect valuable contents during transportation. To deliver basic functionality at the correct level the following areas should be considered: Secure consistent performance Meet requirements Supply required service Consistency is a must in several dimensions, i.e. surface design, structural capabilities, printing performance, runability and quality of final product. Delivery consistency must also be aligned cross border and plants. Products are designed to meet specific customer requirements optimizing durability and firmness for protection and transportations High reliability and exact deliveries supported by both flexible and fast responses in case of production disturbances. 2. Optimize operations Packaging suppliers are not restricted to delivering merely the packaging, and they need to assist in enabling customers operations to run more smoothly. By providing an array of operational services, packaging providers can assist in optimizing the supply chain. Reliable and flexible inbound logistics Packaging suppliers can increase the reliability of their supplies and responsiveness towards brand owners by providing justin-time (JIT) logistics set-up with short call-off times, vendor managed inventories (VMI) ensuring availability, and establishing electronic data interchange (EDI) to exchange data in an automatic, swift and correct manner. Flexibility and speed are of the essence in managing fluctuations in demand in an effective way. Disturbance free production Brand owners production lines must be kept running as there are high costs associated with production disturbances and unplanned stops. Packaging suppliers can assist with optimizing packing lines to enable the efficient and flexible production of variety in products. In addition, contingency planning for managing peak seasons in a satisfactory manner is also key. In co-operation with machine developers and brand owners, improvements can be achieved by focusing on the productivity of packing and critical parts of the process, thus preventing down-time or jam-ups in a more proactive manner. Fast and reliable outbound logistics Packaging suppliers play a key role in assisting brand owners as well as in creating a smooth outbound logistics operation. This is primarily done by a fast and reliable packaging system that enables quciker deliveries to end customers. Packaging supplier can also in the case of outbound logistics maintain or even reduced logistics costs through improved stacking, the optimization of box filling/loading and weight reductions. 3. Reduce cost It will be increasingly important for packaging to help decrease cost, both in terms of the packaging itself but also in terms of the surrounding cost elements. Cost innovations will arise according to three key steps; Solution: an innovation that redefines the packaging solution in order to reduce costs is one of the most important activities for a packaging provider. This type of cost innovation emphasizes on the problems that packaging needs to solve and looks at the issues from a holistic point of view. A typical example is the integration of primary and secondary packaging into one. Process: an innovation that optimizes how the box is used. This type of innovation looks at how the package is used and what can be changed in the usage to reduce cost. Examples include redesigning packages to fit more packages on the same pallet, i.e. loading optimization Features: an innovation that focuses on improving the actual packaging functionality. This is the area from which most cost innovations currently arise. Examples include light weighting or rightsizing the package. Creating cost innovation in 3 steps: Solution Look beyond the box to find solutions that meet the requirements Process Improve how the box is used Features Improve what is already there

5 4. Increase brand value Packaging design will be increasingly important from a marketing and sales perspective. Manufacturers of consumer electronics strive to produce new products which also makes it important for packages to help support the brand image. Graphic design and visual impact play important roles in packaging in helping consumers recognize and remember brands in a competitive environment. A classical marketing framework recognized at most universities is the 4P model including; Product, Place, Price and Promotion. An area that is often added in service marketing is People. This is also an area of central importance in the consumer electronics industry, as many of these products are sold with the help of sales representatives in traditional retail. To further develop this model, Packaging also needs to be included, as Packaging plays a key role in attracting attention and providing information to both sales representatives as well as consumers when a sales representative is not available. Packaging People Promotion Price Place Product So in short, the key areas that packaging will assist brand owners with are: 1. Influencing the perceived brand value 2. Creating brand awareness 3. Influencing the consumer at the point of sales 4. Providing information in a retail store when a sales person is not available 5. Differentiating products, e.g. economy vs. premium 6. Conveying a green image with a renewable and recyclable product 7. Protecting, so both the content and the box looks good when they arrive

6 5. Decrease time to market Being first on the market with a new product can be the difference between success and failure for a brand owner. This makes the ability to turn an idea into a useable packing solution for the client s operations within a short time key for a packaging supplier. Therefore, brand owners will need to look for performance in three areas: Packaging long term R&D Smart packaging R&D with a compact yet adaptable base of raw materials and tight feedback loops for new raw materials as means to shorten development time New product (packaging) development Capabilities to respond with design suggestions and drawings in a short time, in order to be able to rapidly develop and test a new solution in brand owner operations Customer interaction A flexible and dedicated team to help bring new packaging designs to the market 6. Communicate the value of being sustainable Sustainability considerations will be a key product attribute influencing shoppers decisions. Consumers attitudes towards the environment have changed and this trend will continue as natural resources are depleted and waste becomes a bigger problem. In 2016 and beyond sustainability will be a considerable issue, and not just something one says. Packaging providers of corrugated materials can contribute to this as corrugated is: Made from fibre where the origin can be traced Renewable material Recyclable material Helping fulfill EU targets with extended producer responsibility for re-use and the recycling of waste Packaging suppliers will reinforce efforts to find solutions that can reduce the usage of tape and Styrofoam components. Solutions like the ones used for small appliances where styrofoam is replaced by protection made of corrugated and tape is replaced by a packaging built-in lock are expected to grow in importance.

7 Adding extra value Does it all boil down to mastering the six key success factors and showing successful examples in order to be successful in 2016 and beyond? We believe that this will only be the baseline for being successful. We believe that success for a brand owner does not come from supplying a brown box, instead coming from proactive solutions. The first step to adding value beyond a simple box is to deliver proactively. Just having the capabilities to do things will not be enough to become a successful packaging supplier. The six success factors highlight what will be important, but to really add value packaging suppliers must also work on how they deliver. A packaging supplier will need to be able to proactively suggest innovative improvements based on insights and expertize. That is, a packaging supplier must become much more active and constantly strive to challenge current solutions in order to find new and better solutions suitable for tomorrow s needs. Brand owners will increasingly rely on their packaging suppliers to help them in relation to the six dimensions as well as expecting them to bring innovations and benefits to the table, rather than responding to a request for purchasing. To really take it to the next level, packaging suppliers will need to better respond to customers needs, not ony with products but also with solutions. Suppliers will need to challenge themselves and look at brand owners holistic challenges to find a solution that looks beyond optimizing primary, secondary or tertiary packaging and providing only one type of material. A solution includes several components, e.g. exterior & inner packaging, accessories, services, etc. Packaging suppliers will need to use the full width of the fibre based portfolio or even look to other materials to solve problems and rather than just supplying a box. Cost innovation case One good example in the consumer electronics industry is the re-design of TV boxes for a global TV manufacturer: Before -40% After Through innovation Stora Enso Packaging Solutions and the customer changed the layout of their boxes and managed to obtain a decrease of material consumption of the boxes by 40 %. The main changes that were introduced involved the layout of the package being changed from a horizontal to a vertical design. In addition to the reduced cost the new layout also led to a larger printable area that could be used as a marketing tool. The change did not create any unexpected costs associated with change enabling them to fully benefit from the improvement. Moving beyond the baseline Holistic solution Understand the big picture to deliver performance: Develop interior and exterior solution Find synergies between primary, secondary and tertiary packaging Use the full width of the fiber based portfolio and even consider multi-material knowledge Proactive To further excel packaging companies must: Proactively suggest innovative improvements based on insights and expertize Actively challenge the status quo, push new ideas and find new technologies that will help customers in their business Key success factors Optimize operations Reduce cost Enable basic functionality Support brand value building Key success factors for packaging Text in 2016 and beyond: Decrease time Communicate to market the value of being sustainable The six key success factors form the base of a satisfying customer needs: These areas show what will be important for brand owners, but to take the next step in adding value packaging suppliers must also work on how they deliver the six areas

8 Contacts Hannu Alalauri Senior Vice President Stora Enso Renewable Packaging, Packaging Solutions Stora Enso Oyj Executive summary Björn Thunström Vice President Marketing & Customer Loyalty Stora Enso Renewable Packaging, Packaging Solutions Viktoria Dubova Marketing Manager Stora Enso Renewable Packaging, Packaging Solutions Moving forward the consumer electronics industry will be shaped by five key trends that will have substantial implications on packaging. These trends are: 1. Faster development cycles and more new product 2. Increased consumer power and competition 3. Increased awareness for sustainability issues 4. Increased importance of visual appearance 5. Growth of e-commerce The five major trends, shaping 2016 and beyond, highlight six key success factors for packaging. The basic need to ensure reliable high quality that is tailored to its requirements. Brand owners do not just need a box, they need a reliable and high performance packaging operation. There will be a need for innovation in packaging solutions, processes and features to reduce cost for brand owners. Packaging design will be increasingly important from a marketing and sales perspective. Being first with a new product can be the difference for success increasing the importance of time to market. Sustainability considerations increasingly influencing shopper decisions such that, as awareness grows, the value must be better communicated. These areas show what will be important for brand owners, but to take the next step in adding value packaging suppliers must also work on how they deliver. To further excel, packaging companies must proactively suggest innovative solutions based on insights and expertise. So what is Stora Enso Renewable Packaging offering to meet these requirements in going forward? We focus on proactively suggesting innovative packaging solutions for our customers to enable less weight, less waste, less unused space, and less impact on the environment. We re happy to provide our global packaging expertise to support our customers to strengthen their brands with attractive design that stands out on the shelves, innovative constructions and materials for optimum performance and lower cost. We strive to minimize our impact on the environment and actively work to help our customers create sustainable resource efficiency. We do this by using renewable raw materials as well as our own recycling organizations to take care of our customers recycling needs.

Stora Enso Packaging Solutions 01/2015. viewpoint. Future of packaging for the Millennials

Stora Enso Packaging Solutions 01/2015. viewpoint. Future of packaging for the Millennials Stora Enso Packaging Solutions 01/2015 viewpoint Future of packaging for the Millennials Millennials are becoming the key target group for retailers and brand owners to win; to ensure future sales growth

More information

Chapter Twelve Marketing Channels: Delivering Customer Value

Chapter Twelve Marketing Channels: Delivering Customer Value Chapter Twelve Marketing Channels: Delivering Customer Value Marketing Channels: Delivering Customer Value Topic Outline Supply Chains and the Value Delivery Network The Nature and Importance of Marketing

More information

Marketing Channels: Delivering Customer Value

Marketing Channels: Delivering Customer Value Chapter Twelve : Delivering Customer Value : Delivering Customer Value Topic Outline Supply Chains and the Value Delivery Network Channel Decisions Public Policy and Distribution Decisions Supply Chains

More information

viewpoint Retail packaging: 2016 and beyond Sub-heading set in HelveticaSerif Stora Enso Packaging Solutions

viewpoint Retail packaging: 2016 and beyond Sub-heading set in HelveticaSerif Stora Enso Packaging Solutions viewpoint Retail packaging: 2016 and beyond Sub-heading set in HelveticaSerif Stora Enso Packaging Solutions Retail is experiencing one of its most dynamic and exciting periods in a long time. Consumers

More information

Microsoft Dynamics Food and Beverage Distribution Telesales Guide

Microsoft Dynamics Food and Beverage Distribution Telesales Guide Microsoft Dynamics Food and Beverage Distribution Telesales Guide This telesales guide provides an overview of the information you will need to drive demand for Microsoft Dynamics ERP or CRM solutions

More information

Agile Manufacturing for ALUMINIUM SMELTERS

Agile Manufacturing for ALUMINIUM SMELTERS Agile Manufacturing for ALUMINIUM SMELTERS White Paper This White Paper describes how Advanced Information Management and Planning & Scheduling solutions for Aluminium Smelters can transform production

More information

Reverse Logistics From Black Hole to Untapped Revenue Stream. A White Paper Prepared by Ryder Supply Chain Solutions

Reverse Logistics From Black Hole to Untapped Revenue Stream. A White Paper Prepared by Ryder Supply Chain Solutions Reverse Logistics From Black Hole to Untapped Revenue Stream A White Paper Prepared by Ryder Supply Chain Solutions 2010 Ryder System, Inc. All rights reserved. In a recent survey of over 160 companies

More information

Consumer Demand Driven Supply Chain

Consumer Demand Driven Supply Chain Consumer Demand Driven Supply Chain Analyst Field Trip Derrick Penick SVP Merchandising & Distribution Food Lion LLC Mark Doiron, EVP - Hannaford Portsmouth, NH December 3, 2008 1 Delhaize Group U.S. Supply

More information

The Training Material on Supply Chain Collaboration & Logistics Solutions has been produced under Project Sustainable Human Resource Development in

The Training Material on Supply Chain Collaboration & Logistics Solutions has been produced under Project Sustainable Human Resource Development in The Training Material on Supply Chain Collaboration & Logistics Solutions has been produced under Project Sustainable Human Resource Development in Logistic Services for ASEAN Member States with the support

More information

Trends & Expectations: E-commerce & Logistics

Trends & Expectations: E-commerce & Logistics Trends & Expectations: E-commerce & Logistics February 6 th, 2013 Radisson Blu Hotel Amsterdam Airport Logicon Supply Chain Management Conference for Retail & FMCG Take aways.. Collaboration is the key

More information

Primary Logistics Activities

Primary Logistics Activities 1 TOPIC 1: OVERVIEW OF BUSINESS LOGISTICS AND PLANNING Topic Outcomes: You should be able: 1. Define logistics 2. Define activity mix in logistics business 3. Determine the importance of business logistics

More information

The Strategic Importance of Current Accounts

The Strategic Importance of Current Accounts The Strategic Importance of Current Accounts proven global expertise The Strategic Importance of Current Accounts THE STRATEGIC IMPORTANCE OF CURRENT ACCOUNTS With more than sixty-five million active personal

More information

Improving Inbound Logistics: Summary

Improving Inbound Logistics: Summary Semi-finished goods Improving Inbound Logistics: Summary Author: C.M. van Baar As a result of the shift in focus from outbound logistics, which includes the flows to the customers, to inbound logistics,

More information

Master Complexity with Apparel and Textile for Microsoft Dynamics AX 2012

Master Complexity with Apparel and Textile for Microsoft Dynamics AX 2012 Master Complexity with Apparel and Textile for Microsoft Dynamics AX 2012 White Paper This paper discusses how the makers and distributors of apparel and textiles can integrate item and process information,

More information

Brand Extension: Building Customer Loyalty

Brand Extension: Building Customer Loyalty Brand Extension: Building Customer Loyalty Brand Extension is no longer viewed as a purely revenue vs. capability decision anymore. A successful brand extension could significantly boost the brand equity.

More information

Insight As new opportunities appear, you need a culture of Predictive Improvement to seize them

Insight As new opportunities appear, you need a culture of Predictive Improvement to seize them Consumer Industry We make it happen. Better. Insight As new opportunities appear, you need a culture of Predictive Improvement to seize them A paper by Richard Fontaine, VP, EMEA Consumer Industry, and

More information

Lean manufacturing in the age of the Industrial Internet

Lean manufacturing in the age of the Industrial Internet Lean manufacturing in the age of the Industrial Internet From Henry Ford s moving assembly line to Taiichi Ohno s Toyota production system, now known as lean production, manufacturers globally have constantly

More information

Critical Success Factors for Consumer Electronics & Appliances Companies to Meet Today s Top 3 Issues

Critical Success Factors for Consumer Electronics & Appliances Companies to Meet Today s Top 3 Issues Critical Success Factors for Consumer Electronics & Appliances Companies to Meet Today s Top 3 Issues Prepared exclusively for Sage Software by Industry Directions, Inc. www.industrydirections.com Table

More information

Position Paper Cross Border e-logistics

Position Paper Cross Border e-logistics Position Paper Cross Border e-logistics A Need for Integrated European E-Logistics Solutions www.ecommerce-europe.eu POSITION PAPER 3 Table of contents Summary Summary & Recommendations 3 Introduction

More information

CASLON WHITE PAPER MAKING SENSE OF THE OPPORTUNITIES IN DIGITAL PRINTING AND INNOVATION IN PACKAGING

CASLON WHITE PAPER MAKING SENSE OF THE OPPORTUNITIES IN DIGITAL PRINTING AND INNOVATION IN PACKAGING CASLON WHITE PAPER MAKING SENSE OF THE OPPORTUNITIES IN DIGITAL PRINTING AND INNOVATION IN PACKAGING January 2013 ABOUT THIS PAPER This white paper is intended for companies involved in the packaging value

More information

Moving Your Reverse Supply Chain Up the Value Chain:

Moving Your Reverse Supply Chain Up the Value Chain: Moving Your Reverse Supply Chain Up the Value Chain: How Effective Pricing Models in the Secondary Markets Drive Brand Growth LiquidityServices.com Table of Contents Introduction....Page 3 How It Works:

More information

Business Policy of CEZ Group and ČEZ, a. s.

Business Policy of CEZ Group and ČEZ, a. s. Business Policy of CEZ Group and ČEZ, a. s. Contents: Introduction 1. CEZ Group mission and vision 2. Scope of business of CEZ Group 3. Business concept Guiding principles Trade Generation Electricity

More information

THE SUPPLY CHAIN MANAGEMENT AND OPERATIONS AS KEY TO FUTURE COMPETITIVENESS FOR RESEARCH, DEVELOPMENT AND MANUFACTURE OF NEW VEHICLES

THE SUPPLY CHAIN MANAGEMENT AND OPERATIONS AS KEY TO FUTURE COMPETITIVENESS FOR RESEARCH, DEVELOPMENT AND MANUFACTURE OF NEW VEHICLES Journal of KONES Powertrain and Transport, Vol. 18, No. 3 2011 THE SUPPLY CHAIN MANAGEMENT AND OPERATIONS AS KEY TO FUTURE COMPETITIVENESS FOR RESEARCH, DEVELOPMENT AND MANUFACTURE OF NEW VEHICLES Julen

More information

Infor Industrial Manufacturing for fabricated metal manufacturers

Infor Industrial Manufacturing for fabricated metal manufacturers Industrial Manufacturing Infor Industrial Manufacturing for fabricated metal manufacturers Increase efficiency Metal fabricators are constantly trying to find ways to drive costs out of production in order

More information

Retail Analytics The perfect business enhancement. Gain profit, control margin abrasion & grow customer loyalty

Retail Analytics The perfect business enhancement. Gain profit, control margin abrasion & grow customer loyalty Retail Analytics The perfect business enhancement Gain profit, control margin abrasion & grow customer loyalty Retail Analytics are an absolute necessity for modern retailers, it empowers decision makers

More information

Profiting from Business Intelligence in Retail Loyalty Programs

Profiting from Business Intelligence in Retail Loyalty Programs Brochure More information from http://www.researchandmarkets.com/reports/658009/ Profiting from Business Intelligence in Retail Loyalty Programs Description: This report looks at the opportunities for

More information

Driving supply chain excellence through Lean Digital SM

Driving supply chain excellence through Lean Digital SM Solution Overview Generating Supply Chain Impact Driving supply chain excellence through Lean Digital SM Supply chain excellence offers competitive advantage in a global marketplace that is characterized

More information

XTRA POWER ENERGY SYSTEMS

XTRA POWER ENERGY SYSTEMS XTRA POWER ENERGY SYSTEMS JMSB CONSULTING ELLIOTT ALTILIA MATTHEW BECK SIMON FOUCHER LYSIANE PROULX Supply? Demand? Relationships? HOW CAN XTRA POWER RECONFIGURE ITS SUPPLY CHAIN TO ENSURE LONG TERM SUCCESS?

More information

COORDINATION IN THE SUPPLY CHAIN: VENDOR MANAGED INVENTORY IS THE WAY TO GO

COORDINATION IN THE SUPPLY CHAIN: VENDOR MANAGED INVENTORY IS THE WAY TO GO www.sjm.tf.bor.ac.yu Serbian Journal of Management 1 (1) (2006) 41-47 Serbian Journal of Management COORDINATION IN THE SUPPLY CHAIN: VENDOR MANAGED INVENTORY IS THE WAY TO GO R. Piplani * Center for Supply

More information

Optimize Order Management for Omnichannel Success

Optimize Order Management for Omnichannel Success Optimize Order Management for Omnichannel Success Order management systems have long been a key bridge between the customer-facing and back-end areas of omnichannel operations. Today, with stores doubling

More information

CASE STUDY: SUPPLY CHAIN INTEGRATION AT VPK PACKAGING GROUP, BELGIUM

CASE STUDY: SUPPLY CHAIN INTEGRATION AT VPK PACKAGING GROUP, BELGIUM e-business W@tch European Commission, DG Enterprise & Industry E-mail: entr-innov-ict-ebiz@ec.europa.eu, info@ebusiness-watch.org This document is based on sector studies, special reports or other publications

More information

Five Tips to Achieve a Lean Manufacturing Business

Five Tips to Achieve a Lean Manufacturing Business Five Tips to Achieve a Lean Manufacturing Business Executive Overview Introduction The more successful manufacturers today are those with the ability to meet customer delivery schedules while maintaining

More information

Research Brief for Participating Companies

Research Brief for Participating Companies Research Brief for Participating Companies Employee Engagement and Customer Experience Research: Investigating the positive and negative correlations between employee engagement and customer experience

More information

E-Fulfillment Trends Report

E-Fulfillment Trends Report E-Fulfillment Trends Report This report explores best practices, common challenges and emerging trends in e-fulfillment nationwide. 2012 Saddle Creek Logistics Services n All Rights Reserved Overview E-commerce

More information

Delivering Vertical Solutions to a Global Market

Delivering Vertical Solutions to a Global Market PARTNERSHIP Microsoft Dynamics AX Microsoft Dynamics Industry Solutions Delivering Vertical Solutions to a Global Market White Paper July 2007 http://www.microsoft.com/dynamics/ax/product/industrysolutions.mspx

More information

Six Key Trends Changing Supply Chain Management Today. Choosing the optimal strategy for your business

Six Key Trends Changing Supply Chain Management Today. Choosing the optimal strategy for your business A Knowledge-Driven Consulting White Paper 2009 Corporation Six Key Trends Changing Supply Chain Management Today Choosing the optimal strategy for your business Contents Demand Planning.........................................

More information

Energize your supply chain network A European perspective

Energize your supply chain network A European perspective IBM Business Consulting Services Energize your supply chain network A European perspective New competitive advantage from existing investments An IBM Institute for Business Value executive summary ibm.com/bcs

More information

The 2011 Global Supply Chain Agenda Market and demand volatility drives the need for supply chain visibility

The 2011 Global Supply Chain Agenda Market and demand volatility drives the need for supply chain visibility The 2011 Global Supply Chain Agenda Market and demand volatility drives the need for supply chain visibility Cover-Reference Number The Supply Chain agenda in 2011 2 The 2011 Global Supply Chain Agenda

More information

1.New product introductions

1.New product introductions Key Account Management Leadership by Sonia Lemmen, deputy General Manager Batenborch Germany Today a Key Account Manager is a Business Manager type, who need to have consultative, managerial and leadership

More information

Supply Chain Optimization & Efficiency: Looking at what other Industries do to enable Cost Reduction

Supply Chain Optimization & Efficiency: Looking at what other Industries do to enable Cost Reduction Replace with image Supply Chain Optimization & Efficiency: Looking at what other Industries do to enable Cost Reduction MRO Asia, Singapore Expo Convention Centre Date: 30 th October 2013 Today s Panel

More information

Lecture Series: Consumer Electronics Supply Chain Management

Lecture Series: Consumer Electronics Supply Chain Management Lecture Series: Consumer Electronics Supply Chain Management Mohit Juneja i2 Technologies Divakar Rajamani, Ph.D. UTD Center for Intelligent Supply Networks () 2003 UTD Lecture 1: Introduction to Consumer

More information

Issue in Focus: The Integrated ERP-PLM Strategy. Closing the Loop on Product Innovation

Issue in Focus: The Integrated ERP-PLM Strategy. Closing the Loop on Product Innovation Issue in Focus: The Integrated ERP-PLM Strategy Closing the Loop on Product Innovation Tech-Clarity, Inc. 2010 Table of Contents Table of Contents... 2 Introducing the Issue... 3 What to Expect from ERP...

More information

Creating Powerful Brands. Malcolm McDonald and Leslie de Chernatony. Theme of the Book

Creating Powerful Brands. Malcolm McDonald and Leslie de Chernatony. Theme of the Book Malcolm McDonald and Leslie de Chernatony Butterworth Heinemann, September 2003, 496 pages ISBN 0750659807 Theme of the Book A thorough and practical analysis of the essential elements of branding, giving

More information

White paper. Outsourcing e-commerce logistics: pros and cons. www.landmarkglobal.com

White paper. Outsourcing e-commerce logistics: pros and cons. www.landmarkglobal.com White paper Outsourcing e-commerce logistics: pros and cons. White Paper. Outsourcing e-commerce logistics: pros and cons. 2 Contents Introduction 3 The need for e-fulfillment warehouses 4 State of the

More information

Deliver a Better Digital Customer Experience Through Sonata s Digital Engagement Solutions

Deliver a Better Digital Customer Experience Through Sonata s Digital Engagement Solutions Deliver a Better Digital Customer Experience Through Sonata s Digital Engagement Solutions The World is Going Digital The incredible growth of the internet, the proliferation of mobile devices and the

More information

Digital Customer Engagement in Insurance:

Digital Customer Engagement in Insurance: Digital Customer Engagement in Insurance: Changing the Paradigm for Customer Interaction An Author: Mark Breading, Partner Published Date: June 2014 Page 1 Table of Contents About This White Paper This

More information

INFORMATION CONNECTS. Oracle Warehousing Solution. Logistics for Perfect Order Fulfillment

INFORMATION CONNECTS. Oracle Warehousing Solution. Logistics for Perfect Order Fulfillment INFORMATION CONNECTS Oracle Warehousing Solution Logistics for Perfect Order Fulfillment One of the things we really like about the warehouse management system is the ability to configure based on the

More information

Making Strategic Decisions with Oracle Advanced Planning. An Oracle White Paper September 2006

Making Strategic Decisions with Oracle Advanced Planning. An Oracle White Paper September 2006 Making Strategic Decisions with Oracle Advanced Planning An Oracle White Paper September 2006 Making Strategic Decisions with Oracle Advanced Planning SUMMARY Strategic decision making is more important

More information

CHAPTER 11 SUPPLY CHAIN MANAGEMENT

CHAPTER 11 SUPPLY CHAIN MANAGEMENT CHAPTER 11 SUPPLY CHAIN MANAGEMENT 1 Learning Objectives Learn about the supply chain network and management drivers. Understand the complexity and importance of the integration of supply chain. Learn

More information

AirTies developed, Karel will manufacture, and TTNET will introduce to consumers

AirTies developed, Karel will manufacture, and TTNET will introduce to consumers Press Release 21 January 2014 COLLABORATION FOR 100 % LOCAL TECHNOLOGY DEPLOYMENT AirTies developed, Karel will manufacture, and TTNET will introduce to consumers AirTies, Karel and TTNET combine forces

More information

Supply Chain Mapping. Customer Solutions

Supply Chain Mapping. Customer Solutions Supply Chain Mapping Customer Solutions Supply Chain Mapping On a mission to improve supply chain management within your organization? Mapping out your processes is an inexpensive way to make great strides

More information

CASE STUDY NORGESGRUPPEN. Aptean Helps NorgesGruppen Grow Market-Leading Retail Business. www.aptean.com

CASE STUDY NORGESGRUPPEN. Aptean Helps NorgesGruppen Grow Market-Leading Retail Business. www.aptean.com Aptean Helps NorgesGruppen Grow Market-Leading Retail Business 2 Around the year 2000, the privately held grocery retailer NorgesGruppen defined a strategy to expand its business into a position as market

More information

GENERATE REVENUES WITH AN EFFECTIVE PARTS WHOLESALE STRATEGY.

GENERATE REVENUES WITH AN EFFECTIVE PARTS WHOLESALE STRATEGY. GENERATE REVENUES WITH AN EFFECTIVE PARTS WHOLESALE STRATEGY. fueled by challenge. powering success. sm 1,500 dealer programs in 27 markets Parts wholesale has the potential to significantly contribute

More information

Chapter 1 Introduction to International Logistics

Chapter 1 Introduction to International Logistics Chapter 1 Introduction to International Logistics Book: International Logistics: Global Supply Chain Management by Douglas Long Slides made by Ta-Hui Yang 1 Outline What is logistics? What is the goal

More information

Yusen Logistics (Italy) S.p.A. A Company Profile

Yusen Logistics (Italy) S.p.A. A Company Profile Yusen Logistics (Italy) S.p.A. A Company Profile Yusen Logistics Global - Mission Statement Mission Contribute to global economic development and maximize corporate value by earning the trust of our customers

More information

Worldpay All rights reserved. The Store of the Future and the Role of Omni-Channel Payments in Driving Business Growth

Worldpay All rights reserved. The Store of the Future and the Role of Omni-Channel Payments in Driving Business Growth The Store of the Future and the Role of Omni-Channel Payments in Driving Business Growth Consumers think of shopping as one experience, whether online, in-store or on a mobile device, and so must businesses.

More information

5 Steps to Designing Omni-channel Fulfillment Operations

5 Steps to Designing Omni-channel Fulfillment Operations 5 Steps to Designing Omni-channel Fulfillment Operations www.fortna.com Fortna 1 Transitioning successfully to omni-channel distribution is challenging. Not only are there more channels than ever to manage,

More information

EVENT MANAGEMENT FRAMEWORK

EVENT MANAGEMENT FRAMEWORK EVENT MANAGEMENT FRAMEWORK Keeping your business in synch and product flowing smoothly brochure event management framework 3 Stop small ripples in your business processes from growing into major disruptions

More information

NEXT GENERATION MOBILITY IN MANUFACTURING

NEXT GENERATION MOBILITY IN MANUFACTURING NEXT GENERATION MOBILITY IN MANUFACTURING NEXT GENERATION MOBILITY IN MANUFACTURING KEEPING PACE WITH DEMANDS The manufacturing sector is a demanding business. Globalisation has increased competition exponentially.

More information

Supplier Strategies for e-tailing Success A Fresh Look at e-tailing, Online Shopping And the Aftermarket

Supplier Strategies for e-tailing Success A Fresh Look at e-tailing, Online Shopping And the Aftermarket A Fresh Look at e-tailing, Online Shopping And the Aftermarket Automotive Aftermarket Suppliers Association November 2015 Delivered by UPS A Fresh Look at e-tailing, Online Shopping and the Aftermarket

More information

ST OR E Global Supplier Transport by Sea, Air road Retail Store/ Customer Distribution Center/ Warehouse Manufacturer/ Supplier Central Warehouse Receiving Quality Management Process Decision to stone

More information

Business Challenges. Customer retention and new customer acquisition (customer relationship management)

Business Challenges. Customer retention and new customer acquisition (customer relationship management) Align and Optimize Workflows with Lean Dan Marino Marino Associates, LLC Strategic and tactical planning Information systems integration Customer retention and new customer acquisition (customer relationship

More information

Retailers and wholesalers are no longer able to compete by just selling through one or two sales channels.

Retailers and wholesalers are no longer able to compete by just selling through one or two sales channels. Retailers and wholesalers are no longer able to compete by just selling through one or two sales channels. Customers are increasingly choosing to buy via different routes. We all know about the rapid growth

More information

7 Deadly Sins. A publication of:

7 Deadly Sins. A publication of: 7 Deadly Sins A publication of: TABLE OF CONTENTS Intro 3 Sin # 1 : Transport and Handling 4 Sin # 2 : Inventory 7 Sin # 3 : Movement 9 Sin # 4 : Waiting Time 11 Sin # 5 : Overproduction 13 Sin # 6 : Over-processing

More information

Simplifying fulfillment s last move with rack-to-shelf equipment options

Simplifying fulfillment s last move with rack-to-shelf equipment options WHITE PAPER S I MPLIF Y ING F ULF ILLM E NT S LA ST MOVE WI TH RA CK-TO-SHELF EQUI PMENT OPTI ONS WHITE PAPER Simplifying fulfillment s last move with rack-to-shelf equipment options 1 Simplifying fulfillment

More information

Digital Business Platform for SAP

Digital Business Platform for SAP BUSINESS WHITE PAPER Digital Business Platform for SAP SAP ERP is the foundation on which the enterprise runs. Software AG adds the missing agility component with a digital business platform. CONTENT 1

More information

8 Crucial Requirements for Supply Chain Optimization

8 Crucial Requirements for Supply Chain Optimization 8 Crucial Requirements for Supply Chain Optimization Introduction In today s world, businesses expect their trading partners to have full insight and control of their from end to end. For manufacturers

More information

Copyright 1994 2006. Voluntary Interindustry Commerce Solutions Association. All rights reserved.

Copyright 1994 2006. Voluntary Interindustry Commerce Solutions Association. All rights reserved. Voluntary Guidelines for FLOOR-READY MERCHANDISE 9.0 Shipment Packaging 2 nd Ediitiion Latest Reviisiion: September 15, 2006 Copyright 1994 2006 All rights reserved. TTaabbl llee oof f CCoonnt teennt tss

More information

ADVERTISE Big Data Advertising For Branding

ADVERTISE Big Data Advertising For Branding Big Data Advertising For Branding Leveraging data to connect with more of your most valuable audiences What s Inside ADVERTISE 4 6 9 13 THE HEART OF PROGRAMMATIC IS DATA KNOW YOUR DATA OPTIONS SELECTING

More information

Innovation for the Future

Innovation for the Future Chuck Grindstaff, President and CEO, Innovation for the Future siemens.com Relentless Innovation Smart products are everywhere Products are getting smarter Page 4 Relentless Innovation Increased complexity

More information

Add a new perspective to your supply chain management.

Add a new perspective to your supply chain management. STATUS: 500 UNITS PRODUCTION "PART A-507" DEPARTED ETA LAX10:00 LOCAL PRODUCTION DATE: CONFIRMED Add a new perspective to your supply chain management. 360 visibility. Active control. Moving at the speed

More information

INTEGRATED WASTE MANAGEMENT SOLUTIONS

INTEGRATED WASTE MANAGEMENT SOLUTIONS Waste Management INTEGRATED WASTE MANAGEMENT SOLUTIONS Enhance profitability by minimizing waste and maximizing materials recovery. 2 Waste Management Around the world, businesses from almost every sector

More information

Overall Equipment Effectiveness (OEE) A General Discussion on its Benefits

Overall Equipment Effectiveness (OEE) A General Discussion on its Benefits Overall Equipment Effectiveness (OEE) A General Discussion on its Benefits 2001-2011 Capstone Metrics LLC www.capstonemetrics.com Table of Contents Benefits of OEE / TEEP Management... 3 Improved Profitability...

More information

Supply Chain Acceleration: Our Offering for Enabling Growth

Supply Chain Acceleration: Our Offering for Enabling Growth Supply Chain Acceleration: Our Offering for Enabling Growth Supply Chain Acceleration Services Supply Chain Acceleration (SCA) brings together 30 years of supply chain knowledge and domain expertise, that

More information

Consolidation Centres. Logistics evolved

Consolidation Centres. Logistics evolved 103431 - Consolidation Brochure amended 9/12/11 13:11 Consolidation Centres Logistics evolved Page 1 103431 - Consolidation Brochure amended 9/12/11 13:11 Page 2 103431 - Consolidation Brochure amended

More information

The reliability you demand The flexibility you need

The reliability you demand The flexibility you need DHL Ocean Direct (FCL) The reliability you demand The flexibility you need THE CERTAINTY YOU NEED IN SHIPPING In today s economy it s difficult to predict freight volumes, rates and capacity with any certainty.

More information

Integrated Communications in Insurance The road to new winning strategies

Integrated Communications in Insurance The road to new winning strategies Integrated Communications in Insurance The road to new winning strategies Table of Contents New Winning Strategies in Insurance 3 A Key Lever for Success Winning Across All Lines of Business Drivers of

More information

Creating a supply chain control tower in the high-tech industry

Creating a supply chain control tower in the high-tech industry Creating a supply chain control tower in the high-tech industry Creating a supply chain control tower in the high-tech industry A supply chain control tower gives high-tech leaders the ability to create

More information

Effective Process Planning and Scheduling

Effective Process Planning and Scheduling Effective Process Planning and Scheduling The benefits of integrated planning and scheduling developed in the olefins industry extend into many areas of process manufacturing. Elinor Price, Aspen Technology

More information

Winning in North America. Bruno Biasiotta, President Market Group Americas, Philips Lighting

Winning in North America. Bruno Biasiotta, President Market Group Americas, Philips Lighting Winning in North America Bruno Biasiotta, President Market Group Americas, Philips Lighting 1 Key takeaways Philips is the leader in Lighting in the attractive North America market We are transforming

More information

FULFILLING EXPECTATIONS: THE HEART OF OMNICHANNEL RETAILING

FULFILLING EXPECTATIONS: THE HEART OF OMNICHANNEL RETAILING FULFILLING EXPECTATIONS: THE HEART OF OMNICHANNEL RETAILING Creating the supply chain visibility, accuracy, control and flexibility retailers need to meet the demanding fulfillment expectations of the

More information

February 16th, 2012 Prague. Smarter Commerce. Robert Mahr. Leader Smarter Commerce CEE & RCIS

February 16th, 2012 Prague. Smarter Commerce. Robert Mahr. Leader Smarter Commerce CEE & RCIS February 16th, 2012 Prague Smarter Commerce Robert Mahr Leader Smarter Commerce CEE & RCIS Complex Fuzzy Interlocked Powerful! The Smarter Consumer is more instrumented Instrumented 36% more consumers

More information

Supply chain & procurement Consulting Services

Supply chain & procurement Consulting Services www.pwc.ie/consulting Supply chain & procurement Consulting Services Realising value within and across the supply chain 1 Our Client Challenges Strategy What are my supply chain objectives service level

More information

Streamlining the Order-to-Cash process

Streamlining the Order-to-Cash process Streamlining the Order-to-Cash process Realizing the potential of the Demand Driven Supply Chain through Order-to-Cash Optimization Introduction Consumer products companies face increasing challenges around

More information

Cloud-based trading & financing ecosystem for global ecommerce

Cloud-based trading & financing ecosystem for global ecommerce Cloud-based trading & financing ecosystem for global ecommerce specializing in China inbound and outbound trade for small online retailers and social commerce players Our Motto MAKING BUY AND SELL EASY!

More information

Mobility. Mobility is a major force. It s changing human culture and business on a global scale. And it s nowhere near achieving its full potential.

Mobility. Mobility is a major force. It s changing human culture and business on a global scale. And it s nowhere near achieving its full potential. Mobility arrow.com Mobility This year, the number of mobile devices is expected to exceed the world s population. Soon, smartphones will surpass PCs as the device of choice for Internet access. A startling

More information

Fresh Business Practices for Food & Beverage to Meet Today s Top 3 Issues

Fresh Business Practices for Food & Beverage to Meet Today s Top 3 Issues to Meet Today s Top 3 Issues Prepared exclusively for Sage Software by Industry Directions, Inc. www.industrydirections.com Table of Contents Intro...3 Appealing and Fresh... 3 Compliant and Safe... 4

More information

Guide To Increasing Online Sales - The Back (Office Story)

Guide To Increasing Online Sales - The Back (Office Story) Guide To Increasing Online Sales - The Back (Office Story) 4 Ways Your Inventory & Order Management Solution Plays A Pivotal Role The one sustainable competitive advantage you have to drive more online

More information

Section D: Logistics. 2008 APICS All rights reserved. 2-141 Version 1.4 Draft 2

Section D: Logistics. 2008 APICS All rights reserved. 2-141 Version 1.4 Draft 2 This section is designed to Define logistics and explain its relationship to supply chain strategy Describe the interrelationship of the various logistics functions Define warehousing and sketch a brief

More information

COMM 391. Introduction to Management Information Systems. Case 9.1 The Next Step in Customer Relationship Management

COMM 391. Introduction to Management Information Systems. Case 9.1 The Next Step in Customer Relationship Management COMM 391 Introduction to Management Information Systems Winter 2014 Term 1 IT S ROLE IN CUSTOMER RELATIONSHIP MANAGEMENT AND SUPPLY CHAIN MANAGEMENT Case 9.1 The Next Step in Customer Relationship Management

More information

INCREASING THE PROFITABILITY OF LOGISTICS

INCREASING THE PROFITABILITY OF LOGISTICS INCREASING THE PROFITABILITY OF LOGISTICS Despite increasing revenues, only a small number of logistics services providers are seeing increased profitability. Companies that want to grow their logistics

More information

HYPERMARKET OF TOMORROW J. DUBOC. Executive Managing Director, Hypermarkets

HYPERMARKET OF TOMORROW J. DUBOC. Executive Managing Director, Hypermarkets THE GEANT CASINO HYPERMARKET OF TOMORROW J. DUBOC Executive Managing Director, Hypermarkets OVERVIEW Vision Challenges Concept-based differentiation Operating excellence Improving margins Performance of

More information

Mastering the Logistics Complexities of International Halal Supply Chains

Mastering the Logistics Complexities of International Halal Supply Chains Mastering the Logistics Complexities of International Halal Supply Chains Demystifying Halal Supply Chain Century Total Logistics Sdn. Bhd. Certificate No: KLR 0404141 VIDEO PRESENTATION Essence of Halal

More information

TCS Supply Chain Center of Excellence

TCS Supply Chain Center of Excellence TCS Supply Chain Center of Excellence Delivering Supply Chain Performance in Complex Dynamic Markets Supply Chain Management Supply Chain Management (SCM) has evolved and the focus has now shifted from

More information

Retail 2020 Challenges: Collaborating for Growth through Supply Chain Efficiencies. Jeff Holmes Managing Director, Retail and Consumer PwC

Retail 2020 Challenges: Collaborating for Growth through Supply Chain Efficiencies. Jeff Holmes Managing Director, Retail and Consumer PwC Retail 2020 Challenges: Collaborating for Growth through Supply Chain Efficiencies Jeff Holmes Managing Director, Retail and Consumer www.pwc.com Retail 2020: Redefining Supply Chain Collaboration to Drive

More information

DATA, THE GATE TO A SMART ENERGY SYSTEM - views from the electricity industry

DATA, THE GATE TO A SMART ENERGY SYSTEM - views from the electricity industry DATA, THE GATE TO A SMART ENERGY SYSTEM - views from the electricity industry Hans Ten Berge, Secretary General, EURELECTRIC Big Data Europe workshop, 16 June 2015 EURELECTRIC represents the EU electricity

More information

Reduction in Inventory Holdings

Reduction in Inventory Holdings . 13 INVENTORY Introduction Reduction in Inventory Holdings Just-in-Time Inventory Costs and Economic Order Quantity 80:20 Rule ABC Method Economic Order Quantity Example EOQ Model with Safety Stock and

More information

ABOUT US WHO WE ARE. Helping you succeed against the odds...

ABOUT US WHO WE ARE. Helping you succeed against the odds... ACCURACY DELIVERED ABOUT US WHO WE ARE BizAcuity is a fast growing Business intelligence strategy company, providing reliable, scalable and cost effective consultancy and services to clients across the

More information

SAP Supply Chain Management Elinor Castell Solution Owner Transportation, SAP SE

SAP Supply Chain Management Elinor Castell Solution Owner Transportation, SAP SE SAP Supply Chain Management Elinor Castell Solution Owner Transportation, SAP SE 2014 SAP SE or an SAP affiliate company. All rights reserved. 1 SAP Extended Supply Chain Management Solution Strategy 2

More information

How to Meet EDI Compliance with Cloud ERP

How to Meet EDI Compliance with Cloud ERP How to Meet EDI Compliance with Cloud ERP Lincoln: This is Trek Talk, the Cloud ERP podcast and today s topic is Advantages of an EDI Compliant Cloud ERP. With cloud ERP you can meet your goals for EDI

More information