Big Data for Supply Chain Optimization By: Anders Richter, SAS Institute, Denmark
|
|
- Ashlie McCoy
- 8 years ago
- Views:
Transcription
1 Big Data for Supply Chain Optimization By: Anders Richter, SAS Institute, Denmark
2 Agenda Demand-Driven Planning & Optimization and Big data Inventory Optimization (IO) The Matas case Results and takeaways from implementations Further readings
3 Demand-Driven Planning & Optimization Volume EXPLOSION OF DEMAND-RELATED DATA Bulk of this BIG Data is generated outside the company Velocity Variety
4 Demand-Driven Planning & Optimization THE PROCESS
5 Inventory Optimization TYPICAL NETWORK Supplier Store Customer Supplier DC Store Customer Store Customer Supplier Store Customer Supplier DC/ echelon lvl 2 Store/ echelon lvl 1
6 Inventory Optimization GOAL AND INPUT Goal with IO To find the most optimal reorder levels as to economy and which level should be ordered up to in other words finding minimum and maximum. This is done based on constrains and demand expectations on SKU level Model types SS and BS, which are minimizing the cost given the demand and constrains information Input variable Costs Demand Constrains Ordering cost, holding cost and penalty cost Expected sales in the total lead time, and the uncertainty of this expected demand Service level, service type (fill rate), batch size and minimum order quantity Combining min./max. with inventory position gives the suggested order for the SKU
7 Inventory Optimization INDIVIDUAL REORDER LEVEL AND ORDER UP TO LEVEL 70% 10% 20% ERP policies IO policies
8 Inventory Optimization INDIVIDUAL REORDER LEVEL AND ORDER UP TO LEVEL
9 The Matas Case About Matas 292 stores in Denmark 30,000 items Own brands + Lancôme, Clinique, etc. 2,100 employees in stores and administration
10 The Matas Case INCOHERENT FLOWS DC replenishment Order proposals based on DC sales Manual process correcting proposals No link to store replenishment Store replenishment Store manager controls replenishment Based on gut feeling and last 31 days of sale Very time-costly
11 The Matas Case THE IT SET-UP SAS Order proposal store + DC POS sales Stock levels Orders Assortment Target BI Matas DW POS sales Stock levels Store system RCM Order Assortment Order proposals store Orders SpaceMan Assortment ERP system Axapta Orders DC Suppliers
12 The Matas Case REPLENISHMENT NOW COHERENT FLOWS SAS forecasting (POS data) Adjust & Improve Order proposals to DC (semiautomated) Reporting on SAS quality Order proposals for stores (locked for editing)
13 ITEM The Matas Case CALCULATION EXAMPLE FROM MATAS Item (Eye makeup remover) Store (Greater Copenhagen) STORE SALES RECORDS, PROMOTIONS INVENTORY INFORMATION FORECASTS INVENTORY OPTIMIZATION RESULTS Forecast 42 Min 113 Std.dev. 26 Max 155 Lead time 1 Order suggestions 96 Service degree 0,99 Stock holding costs (n/a) Size of colli 12 Opening allowed N Store inventory 65
14 Inventory Optimization LIMITATION OF IO Limitation of IO Cannot aggregate orders on supplier level So when to use OR? When there are constrains on supplier level (minimum order amount/order size) Container optimization Push allocation Optimal distribution in case of shortages Displays
15 The Matas Case RESULTS AND TAKEAWAYS Total stock value reduced by 10% Out-of-stock situations reduced by 2 percentage points Able to control the out-of-stock on their ABC classification Man-hours spent on replenishment reduced by 70% Facts instead of gut feeling Coherent replenishment flows Do not forget change management Matas case study is outlined in Chapter 8
16 Results and Takeaways ARGUMENTS FOR STARTING WITH DDPO The system is objective It uses historical information and master data when calculating min./max. instead of being dependent on a person both with regard to gut feeling and skills Automating the creation of order proposals ensures: Time spent on generating order proposals is reduced SKUs are not forgotten, and the risk of out-of-stock situations is thus reduced Min. and max. values are always up-to-date Individual reorder level and order up to level, not one size fits all
17 Results and Takeaways MARKET-DRIVEN SUPPLY CHAIN BENEFITS Sense market changes 5X faster Align their supply 3X faster to fluctuations in demand With better customer service with substantially less inventory, waste and working capital (e.g., profitable supply chains) Bottom-line: Market-Driven processes are designed from the market-back -- based on sensing and shaping demand and optimizing supply
18 Results and Takeaways GETTING THERE Vision Phase 3 Phase two: Increase scope and automation in the process Phase one: Limited scope and creating of the data process, reap the benefits
19
20 Demand-Driven Planning & Optimization FURTHER READING Demand Sensing Demand Shaping Demand Shifting Outside-in Focused Proactive Process Collaborative Planning Lean Forecasting (FVA) Demand- Driven Market- Driven Sales & Operations Planning Supply- Driven Lean Management Supply Sensing Supply Shaping Synchronized Replenishment Inside-out Focused Reactive Process Inventory Optimization DDPO Solution overview Market Selling through the channel (pull) Supplier Selling into the channel (push)
21 Anders Richter Business Delivery Manager Commercial & Life Sciences Division SAS Institute Denmark Mobile: Or follow me on LinkedIn
THE MARKET-DRIVEN SUPPLY CHAIN CHARLES CHASE CHIEF INDUSTRY CONSULTANT SAS INSTITUTE INC.
THE MARKET-DRIVEN SUPPLY CHAIN CHARLES CHASE CHIEF INDUSTRY CONSULTANT SAS INSTITUTE INC. MARKET-DRIVEN A DEFINITION Ability to quickly align a whole organization market-to-market. Focus is on horizontal
More informationTake Time and Cost Out of Your Inventory and Supply Chain - Exploit the Constraints of Forecasting!
Take Time and Cost Out of Your Inventory and Supply Chain - Exploit the Constraints of Forecasting! A Thought-Leadership Whitepaper from MCA Associates By Howard W. Coleman, Principal Introduction: Do
More information講 師 : 周 世 玉 Shihyu Chou
講 師 : 周 世 玉 Shihyu Chou Logistics involves the following activities: sourcing and purchasing inputs, managing inventory, maintaining warehouses, and arranging transportation and delivery. There are three
More informationHow To Create An Efficient Supply Chain
Demand-Driven Inventory Optimization and Replenishment Creating a More Efficient Supply Chain Robert A. Davis WILEY Contents Foreword xiii Preface xvii Acknowledgments xix Chapter 1 Creating Demand-Driven
More informationNew Ways to Painless Inventory Management. Ugne Kontare Business Development Manager ugne@soft4.eu +370 682 55216 www.soft4.eu
New Ways to Painless Inventory Management Ugne Kontare Business Development Manager ugne@soft4.eu +370 682 55216 www.soft4.eu Introduction What is Softera Baltic Softera Baltic is an enterprise resource
More informationThe Future Perfect Supply Chain
53 Perimeter Center Suite 201 Atlanta, GA 30346 (877)237-4291 www.competitivelogistics.com The Future Perfect Supply Chain Achieving Responsiveness and Efficiency By Art Brown VP Professional Services
More informationCombining Lean and Agile
An Integrated Approach to Supply Chain Strategy: Combining Lean and Agile Solutions Professor Martin Christopher Cranfield School of Management Cranfield University Cranfield Bedford MK43 0AL United Kingdom
More informationPLANNING FORECASTING & PROCESS OPTIMISATION. Caleb Nicolson General Manager Group Supply Chain
PLANNING FORECASTING & PROCESS OPTIMISATION Planning for Future Growth: Scaling the Growth Mountain at Kathmandu Caleb Nicolson General Manager Group Supply Chain Agenda Kathmandu introduction The challenge
More informationDatasheet Electronic Kanban Ultriva vs. ERP ekanban Modules By Narayan Laksham
Datasheet Electronic Kanban Ultriva vs. ERP ekanban Modules By Narayan Laksham Summary: Several ERP vendors offer rudimentary Kanban modules to compliment their MRP systems. However, these Kanban modules
More informationMWPVL. Leadership in Supply Chain and Logistics Consulting. Options to Improve Productivity at a Parts Distribution Center
Leadership in Supply Chain and Logistics Consulting Options to Improve Productivity at a Parts Distribution Center Marc Wulfraat President (514) 482-3572 x 100 Marc.wulfraat@.com All Rights Reserved to
More informationKey Concepts: Week 8 Lesson 1: Inventory Models for Multiple Items & Locations
Key Concepts: Week 8 Lesson 1: Inventory Models for Multiple Items & Locations Learning Objectives Understand how to use different methods to aggregate SKUs for common inventory policies Understand how
More informationImprove the Agility of Demand-Driven Supply Networks
GE Intelligent Platforms Improve the Agility of Demand-Driven Supply Networks Leverage real-time production data to optimize the supply chain for a sustainable competitive advantage Improve the Agility
More informationSupply & Demand Management
Supply & Demand Management Planning and Executing Across the Entire Supply Chain Strategic Planning Demand Management Replenishment/Order Optimization Collaboration/ Reporting & Analytics Network Optimization
More informationIndustry examples of Camelot LEAN Supply Chain Planning
Walldorf, April 3 rd, 2014 Industry examples of Camelot LEAN Supply Chain Planning Patrick Wolf Value Chain Excellence. Strategy to Results. Industry examples of Camelot LEAN Supply Chain Planning Agenda
More informationDistribution and supply chain management analysis for Wegmans and Kroger Co.
The Kroger Company Memo To: Matthew W. Ford From: Georgi E. Trifonov Date: September 24, 2007 Re: Distribution and supply chain management analysis for Wegmans and Kroger Co. Introduction As assigned,
More informationGlossary of Inventory Management Terms
Glossary of Inventory Management Terms ABC analysis also called Pareto analysis or the rule of 80/20, is a way of categorizing inventory items into different types depending on value and use Aggregate
More informationHow To Improve Forecast Accuracy
www.demandsolutions.com Guide to Improving Forecast Accuracy A 10-point plan for creating more accurate demand information A Management Series White Paper Presented by Demand Solutions No one doubts that
More informationVISUAL management techniques for optimum INVENTORY form, fit and function
You won t GET LEAN... until you GET VISUAL! VISUAL management techniques for optimum INVENTORY form, fit and function Raw materials, work-in-process, finished goods, location and product flow Kanban Min/max
More informationSmarter Supply Chain The Role of Advanced Analytics in Optimizing Supply Chain and Managing Complexity
Smarter Supply Chain The Role of Advanced Analytics in Optimizing Supply Chain and Managing Complexity Donnie Haye, Vice President Smarter Supply Chain Analytics IBM Integrated Supply Chain Agenda Point
More informationConsiderations. Change your viewpoint. Understand and pursue The Primary Metrics
Considerations Change your viewpoint o After response time compression in your manufacturing/operating platform o You re no longer a manufacturing company that happens to manage inventory..you re an inventory
More informationSOLUTION OVERVIEW SAS MERCHANDISE INTELLIGENCE. Make the right decisions through every stage of the merchandise life cycle
SOLUTION OVERVIEW SAS MERCHANDISE INTELLIGENCE Make the right decisions through every stage of the merchandise life cycle Deliver profitable returns and rewarding customer experiences Challenges Critical
More informationLean Supply Chain Best Practice Process Benchmark Framework. Overview
Lean Best Process Benchmark Framework Overview This document draws from the results of an APICS 2004 survey on the development and adoption of lean principles in supply chain management. It does not represent
More informationSupply Chain Leaders Understanding and Improving Supply Chain Performance Where It Counts
Leaders Understanding and Improving Performance Where It Counts What is the Leaders Programme? Leaders is an action-oriented, practical programme which identifies the most vital supply chain improvements
More informationSoftware for Supply Chain Design and Analysis
Software for Supply Chain Design and Analysis Optimize networks Improve product flow Position inventory Simulate service Balance production Refine routes The Leading Supply Chain Design and Analysis Application
More informationBUILDING THE SMART SUPPLY CHAIN
BUILDING THE SMART SUPPLY CHAIN James Cooke +1-617-720-2000 jcooke@nucleusresearch.com About Nucleus Research A technology research firm specializing in valuebased research. >Founded in 2000, based in
More informationWhat options exist for multi-echelon forecasting and replenishment?
Synchronization of Stores and Warehouses: Closing the Profit Gap Successful retailers focus their efforts on the customer and the unique attributes of each store in the chain. Tailoring assortments, promotions
More informationInfor M3 Assortment Replenishment Planner
Infor M3 Assortment Replenishment Planner Speed up decision making As a fashion brand owner with your own manufacturing or with a sourcing business model, or a private brand retailer, you are almost certainly
More informationGetting the Intelligence to Build Demand-Driven Supply Networks
Getting the Intelligence to Build Demand-Driven Supply Networks Introduction Building an effective Demand-Driven Supply Network (DDSN) presents an ongoing challenge. Most companies remain in the early
More informationManufacturing Flow Management
Manufacturing Flow Management Distribution D Distribution Authorized to Department of Defense and U.S. DoD Contractors Only Aim High Fly - Fight - Win Supply Chain Management Processes Information Flow
More informationabf Avercast Business Forecasting The Trusted Name in Demand Management. Software Features: Enterprise Level Software Solutions for: The Cloud
Avercast Business Forecasting Avercast Business Forecasting (ABF) is powered by an industry leading 187 forecasting algorithms. ABF systematically measures each algorithm against up to five years of historical
More information2 Day In House Demand Planning & Forecasting Training Outline
2 Day In House Demand Planning & Forecasting Training Outline On-site Corporate Training at Your Company's Convenience! For further information or to schedule IBF s corporate training at your company,
More informationSupply Chain. cinagement. IStlGS USO OS.S. Fourth Edition. Donald J. Bowersox David J. Closs M. Bixby Cooper John C. Bowersox.
USO OS.S Supply Chain IStlGS cinagement Fourth Edition Donald J. Bowersox David J. Closs M. Bixby Cooper John C. Bowersox Michigan State University Me Graw Hill About the Authors iv Preface v PART ONE
More informationBuilding Relationships by Leveraging your Supply Chain. An Oracle White Paper December 2001
Building Relationships by Leveraging your Supply Chain An Oracle White Paper December 2001 Building Relationships by Leveraging your Supply Chain EXECUTIVE OVERVIEW This white paper illustrates why a fusion
More informationChapter 9 Managing Inventory in the Supply Chain
Chapter 9 Managing Inventory in the Supply Chain Inventory is an asset on the balance sheet and inventory cost is an expense on the income statement. Inventories impacts return on asset (ROA) Inventory
More information1.3 ERP System Evolution
1.3 ERP System Evolution Learning Objectives State the purpose of enterprise resource planning (ERP) systems List the challenges facing the industry List the development stages of the manufacturing planning
More information庫存管理新工具 SSCR. Presented by Henry SOO MBus, CSCP, CPIM, CLM, CSCM, CDDP, SCOR-P, IC3PM, CPF
庫存管理新工具 SSCR Presented by Henry SOO MBus, CSCP, CPIM, CLM, CSCM, CDDP, SCOR-P, IC3PM, CPF Today s Theme 今 天 的 主 題 庫 存 管 理 新 工 具 - 同 步 供 應 鏈 補 貨 模 式 New Inventory Management Tool - (SSCR: Synchronized Supply
More informationFor Improved Efficiency, look at the supply Chain and Outsourcing Management
For Improved Efficiency, look at the supply Chain and Outsourcing Management SESSION 6 : ALTERNATIVE FOR APPROPRIATE HEALTHCARE MANAGEMENT Maurice Rizkallah Certified Supply Chain Professional APICS On
More informationOVERVIEW OF THE SUPPLY CHAIN ROADMAP
OVERVIEW OF THE SUPPLY CHAIN ROADMAP Windows Client IFS CUSTOMER SUMMIT 2011, CHICAGO DARLA BLOOM SENIOR ADVISOR darla.bloom@ifsworld.com OVERVIEW OF THE SUPPLY CHAIN ROADMAP AGENDA Supply Chain Program
More informationBest Practices for Managing Seasonal Items Vermont Information Processing, Inc.
Best Practices for Managing Seasonal Items Vermont Information Processing, Inc. 402 Watertower Circle Colchester, VT 05446 802 655 9400 Fax: 802 655 1313 www.vtinfo.com Best Practices for Managing Seasonal
More informationRETAIL INDUSTRY INSIGHTS. Maximising Inventory Efficiency
RETAIL INDUSTRY INSIGHTS Maximising Inventory Efficiency Retail Operational Excellence There is nothing like a recession to focus the mind on releasing cash by reducing inventory. Kurt Salmon analysis
More informationOptimizing Inventory in Today s Challenging Environment Maximo Monday August 11, 2008
Optimizing Inventory in Today s Challenging Environment Maximo Monday August 11, 2008 1 Agenda The Value Proposition Case Studies Maximo/DIOS Offering Getting Started Q&A 2 Current Inventory Management
More informationMeeting the Challenges of Supply Chain Management
Meeting the Challenges of Supply Chain Management Brand owners require innovative product configuration strategies to optimize supply chain effectiveness By John R. Kenney, Jr., ModusLink Corporation Price
More informationImproving Inventory Performance and Bottom-Line Profits. Gary L. Gossard, PE, President IQR International 949-487-5400; Gary.Gossard@IQR.
Improving Inventory Performance and Bottom-Line Profits Gary L. Gossard, PE, President IQR International 949-487-54; Gary.Gossard@IQR.com 92 nd Annual International Supply Management Conference, May 27
More informationThe Transformation to Demand-Driven Industry Leader. An Oracle White Paper Updated September 2006
The Transformation to Demand-Driven Industry Leader An Oracle White Paper Updated September 2006 The Transformation to Demand-Driven Industry Leader Demand-driven companies have five best practices in
More informationBy: ATEEKH UR REHMAN 12-1
12 Inventory Management By: ATEEKH UR REHMAN 12-1 Inventory Management The objective of inventory management is to strike a balance between inventory investment and customer service 12-2 Importance of
More informationPutting Marketing Back in S&OP WHITE PAPER
Putting Marketing Back in S&OP WHITE PAPER Table of Contents Introduction...1 Synchronizing forecast push and demand pull...2 An optimized S&OP process...7 Case study: a large chemical manufacturer...11
More informationChapter 12 Inventory Control and Management
Chapter 12 Inventory Control and Management Learning Outcomes Describe the functions and costs of an inventory system. Determine the order quantity and Economic Order Quantity. Determine the reorder point
More informationHow to Cheat and Make Better Decisions with Predictive Analytics. Track 1 Session 3
How to Cheat and Make Better Decisions with Predictive Analytics Track 1 Session 3 Robert Heaney - Title: Lead Analyst, Supply Chain Management - Company: Aberdeen Group - Email : Bob.Heaney@Aberdeen.com
More informationInventory Cycle Counting
Inventory Cycle Counting 20 Nassau Street, Suite 244 Princeton, NJ 08543-7345 Phone: (609) 275-4444 Fax: (609) 275-5651 Email: rem@remassoc.com WWW: http://www.remassoc.com TABLE OF CONTENTS Cost of Inaccurate
More informationLOGISTICS & SUPPLY CHAIN MANAGEMENT
LOGISTICS & SUPPLY CHAIN MANAGEMENT Section 1 Understanding the Supply Chain and its logistics activities C O R R A D O C E R R U T I What is Logistics? Logistics takes care of the activities and the decisions
More informationPlanning Optimization in AX2012
Planning Optimization in AX2012 Streamline your manufacturing operations with Master Planning and Forecasting Kevin Cosman 11 June 2013 About the Presenter Kevin Cosman, Senior Solutions consultant with
More informationHow Organisations Are Using Data Mining Techniques To Gain a Competitive Advantage John Spooner SAS UK
How Organisations Are Using Data Mining Techniques To Gain a Competitive Advantage John Spooner SAS UK Agenda Analytics why now? The process around data and text mining Case Studies The Value of Information
More informationOracle Retail. AAFES Retail Management System
Oracle Retail AAFES Retail Management System Oracle Retail Merchandising Suite Oracle Retail for AAFES Corporate Changes Summary of Benefits Discussions WHY ORACLE RETAIL SUITE? OUTDATED PROCESSES UPDATED
More informationWhite Paper. Inventory Optimization For Better Supply Chain Management
Inventory Optimization For Better Supply Chain Management June 2011 Content 1. Introduction... 3 2. What is inventory?... 3 3. Steps to inventory optimization... 5 4. Ensuring inventory forecasting success...
More informationPlan forecast optimise
Plan forecast optimise Don t Forecast the future, CONTROL IT Reflex Business Forecasting breaks new ground. This is sales forecasting software with unique features that allow you to create real value for
More information5 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 informationKey Benefits: Minimize lead times and maximize on-time deliveries to customers. Respond quickly to changes in demand for materials and capacity
Microsoft Business Solutions Axapta Master Planning streamlines your manufacturing processes and supply chain to help you reduce costs and satisfy customer demands. Key Benefits: Minimize lead times and
More informationHow To Use Ecommerce With Ecommerce (Edi)
Transform your store with EDI & 360 degrees of drop ship automation Surprise! Agenda About Logicbroker ecommerce Overview EDI 101 Drop Ship Automation Benefits Drop Shipping for Suppliers Key Takeaways
More informationChapter 24 Stock Handling and Inventory Control. Section 24.1 The Stock Handling Process Section 24.2 Inventory Control
Chapter 24 Stock Handling and Inventory Control Section 24.1 The Stock Handling Process Section 24.2 Inventory Control The Stock Handling Process Key Terms receiving record blind check method direct check
More informationInventory Management and Risk Pooling. Xiaohong Pang Automation Department Shanghai Jiaotong University
Inventory Management and Risk Pooling Xiaohong Pang Automation Department Shanghai Jiaotong University Key Insights from this Model The optimal order quantity is not necessarily equal to average forecast
More informationEVERYTHING YOU NEED TO KNOW ABOUT INVENTORY
EVERYTHING YOU NEED TO KNOW ABOUT INVENTORY Introduction Inventory is considered the necessary evil of the supply chain. In fact, there has been a whole movement; lean manufacturing that has tried to reduce
More informationLean Procurement: The Future of Supply Chain Management in a Demand-Driven World
Lean Procurement: The Future of Supply Chain Management in a Demand-Driven World An Oracle White Paper Written in Collaboration with CSS International, Inc. June 2006 Lean Procurement: The Future of Supply
More informationBasics of Supply Chain Management (BSCM) Curriculum
Basics of Supply Chain Management (BSCM) Curriculum Version 4.0 Session 1 to Supply Chain Management to Manufacturing Role of Manufacturing Global Citizenship Manufacturing Business Model Business Environment
More informationSCALING UP RFID FOR RETAIL CHAINS
SCALING UP RFID FOR RETAIL CHAINS PLANNING GUIDE 4. Implementation 3. Rollout Planning 2. Systems Architecture 1. Solution Definition SCALING UP RFID DEPLOYMENTS IN RETAIL After running successful pilots
More informationAchieving Operational Excellence and Customer Intimacy: Enterprise Applications
Chapter 9 Achieving Operational Excellence and Customer Intimacy: Enterprise Applications 9.1 2007 by Prentice Hall LEARNING OBJECTIVES Demonstrate how enterprise systems achieve operational excellence
More informationCreating the Agile Supply Chain. Martin Christopher, Cranfield School of Management
Creating the Agile Supply Chain Martin Christopher, Cranfield School of Management One of the biggest challenges facing organisations today is the need to respond to everincreasing levels of volatility
More informationSalient for Retail Link
Providing software and services that enable our clients to operate more efficiently. Salient for Retail Link Automatically integrate Wal-Mart POS and inventory data with your in-house sales for decision-support.
More informationOperations/Inventory Excellence
Operations/Inventory Excellence 7 Keys to Profit Improvement from Purchasing to Delivery For 20 NASSAU STREET, SUITE 244 PRINCETON, NEW JERSEY 08542 Our Presentation This presentation on Business Operations/Inventory
More informationBUILT-IN BUSINESS INTELLIGENCE
BUILT-IN BUSINESS INTELLIGENCE A study conducted by IFS North America JULY 2014 CURRENT STATE OF BUSINESS INTELLIGENCE BASED ON A SURVEY OF 174 EXECUTIVES METHODOLOGY IFS North America and Advantage Business
More information14 Best Practices: Inventory Management Techniques
14 Best Practices: Inventory Management Techniques www.fcbco.com/services 804-740-8743 14 Best Practices: Inventory Management Techniques Inventory management and forecasting are strategic issues. Companies
More informationFive 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 informationBuy anywhere, Fulfill anywhere
Buy anywhere, Fulfill anywhere Considerations for Omni-Channel Retail Supply Chain David Hogg, Commerce Solutions Leader Europe October 15 th, 2014 1 1 Customer demands are driving supply chain developments
More informationAPICS Certified in Production and Inventory Management [CPIM] Exam Content Manual. Preview
APICS Certified in Production and Inventory Management [CPIM] Exam Content Manual Preview 2013 APICS CPIM Overview of Exam Content Manual Basics of Supply Chain Management January 1, 2013 through December
More informationSupply Chains: From Inside-Out to Outside-In
Supply Chains: From Inside-Out to Outside-In Table of Contents Big Data and the Supply Chains of the Process Industries The Inter-Enterprise System of Record Inside-Out vs. Outside-In Supply Chain How
More informationBTEC3 : Achieveing e-locity
1 early 2000 s. 2 Min/Max Definition Agenda Business Dilemma and Re-engineering processes for: Manufacturing = Lean Manufacturing Procurement = Lean Procurement Communication = Lean Business Communication
More informationAgenda. TPPE37 Manufacturing Control. A typical production process. The Planning Hierarchy. Primary material flow
TPPE37 Manufacturing Control Agenda Lecture 2 Inventory Management 1. Inventory System Defined 2. Inventory Costs 3. Inventory classification 4. Economic order quantity model 5. Newsboy problem 6. Reorder
More informationMULTI-ECHELON INVENTORY MANAGEMENT. Stijn Rutjes & Martijn Cornelissen
MULTI-ECHELON INVENTORY MANAGEMENT Stijn Rutjes & Martijn Cornelissen 1 dinsdag 15 november 2011 AGENDA Inventory Management Multi-Echelon environment Problem definition Risk pooling Safety stock determination
More informationThe Retail Analytics Challenge: Smarter Retail through Advanced Analytics & Optimization
Smarter Retail The Retail Analytics Challenge: Smarter Retail through Advanced Analytics & Optimization 2011 IBM Corporation Connecting With the Digital Customer the Retail Challenge 88.8% increase in
More informationSmall Lot Production. Chapter 5
Small Lot Production Chapter 5 1 Lot Size Basics Intuition leads many to believe we should manufacture products in large lots. - Save on setup time - Save on production costs Costs associated with Lots
More informationFrom Data to Decision
From Data to Decision Enhancing Supply Chain Efficiency in Fast Fashion Retail Bruno Cortes Chief Information Officer December4 th, 2012 CIO Summit Europe A fashion accessories company with presence in
More informationOR topics in MRP-II. Mads Jepsens. OR topics in MRP-II p.1/25
OR topics in MRP-II Mads Jepsens OR topics in MRP-II p.1/25 Overview Why bother? OR topics in MRP-II p.2/25 Why bother? Push and Pull systems Overview OR topics in MRP-II p.2/25 Overview Why bother? Push
More informationIntegrated Business Software. for the food & beverage industry
Integrated Business Software for the food & beverage industry Food & beverage industry solutions Integrated systems for the food & beverage industry Driven by consumers seeking lower prices and more choice,
More informationChapter 16 Strategic Challenges and Emerging Changes for Supply Chains
Chapter 16 Strategic Challenges and Emerging Changes for Supply Chains Supply chain success will be facilitated by the development of effective, collaborative relationships between supply chain participants.
More informationRole of Forecast Analytics in Inventory Management
Role of Forecast Analytics in Inventory Management ISM Chapter - NAPM Denver Seminar Ramon Colomina Feb 2009 Accenture, its logo, and High Performance Delivered are trademarks of Accenture. Agenda Forecast
More informationSegmentation in Demand Planning for Enhanced Forecast Accuracy
Segmentation in Demand Planning for Enhanced Forecast Accuracy Jim Davis Jeff Metersky CHAINalytics Jim Davis, CPIM Director, Demand Planning & Customer Service at Colgate-Palmolive (Global Customer Service
More informationMonthly Web Chat with Calvin O Driscoll. August 14, 2014
Monthly Web Chat with Calvin O Driscoll August 14, 2014 Agenda GoToMeeting Housekeeping Sage 300 ERP Roadmap Sage CRM Roadmap Q & A Housekeeping During the Webinar, all attendees will be muted and placed
More informationThe Business Case for Investing in Retail Data Analytics
The Business Case for Investing in Retail Data Analytics Why product manufacturers are investing in POS and inventory analytics solutions Introduction In the latest Shared Data Study from CGT and RIS News
More informationNumber of methodological EUPA_LO_005_M_006. Work Area Code and Title 2.1 OFFICE PROCEDURES. Learning Outcome Number and Title
Number of methodological EUPA_LO_005_M_006 Tool Work Area Code and Title 2.1 OFFICE PROCEDURES Unit Code and Title 2.1.2 Handle the stock Learning Outcome Number and Title LO005: Be able to maintain the
More informationLeveraging Existing Business Data to Build Effective and Lucrative Omnichannel Retail Experiences
Most retailers have seen the need to create omnichannel customer experiences. Leveraging Existing Business Data to Build Effective and Lucrative Omnichannel Retail Experiences TECHBLOCKS WHITEPAPER Leveraging
More informationInventory & Supply Chain Solutions
Inventory & Supply Chain Solutions ECRS Inventory & Supply Chain Solutions Inventory and supply chain management pose the greatest opportunity for top line business performance. Unfortunately, those who
More informationwww.agrinventory.com
www.agrinventory.com Trusted Partners and Customers AGR works with many major Microsoft Dynamics partners worldwide and examples of customers who have trusted AGR include: Pharmaceutical Actavis, Otsuka
More informationContents. List of figures List of tables. Abbreviations
Contents List of figures List of tables Preface Abbreviations xv xxi xxiii xxix PART 1 CONCEPTS OF LOGISTICS AND DISTRIBUTION 1 Introduction to logistics and distribution 3 Introduction 3 Definitions 4
More informationStrategic Framework to Analyze Supply Chains
Strategic Framework to Analyze Supply Chains 1 Andy Guo A Strategic Framework for Supply Chain Design, Planning, and Operation Part I: Understand the supply chain Part II: Supply chain performance Part
More informationThe Future of E-Commerce: The Latest Trends and their Impact on Web and Omni-Channel Retailing
The Future of E-Commerce: The Latest Trends and their Impact on Web and Omni-Channel Retailing Kim Baudry, Market Development Director, North America, Dematic (USA) The next 45 minutes!! Retailing 360
More informationAbout Inventory Optimization
OPTIMIZATION SUSTAINABILITY CLOUD TECHNOLOGY TRENDS The Myths and Truths About Inventory Optimization Retailers and distributors alike have attempted to solve their inventory challenges by using forecasting
More informationCreating and Embedding a Customer Driven Supply Chain
To get there. Together. Creating and Embedding a Customer Driven Supply Chain Point of view Contents Creating and Embedding a Customer Driven Supply Chain 3 How to Embed a Customer Driven Supply Chain
More informationContracts. David Simchi-Levi. Professor of Engineering Systems
Introduction to Stochastic Inventory Models and Supply Contracts David Simchi-Levi Professor of Engineering Systems Massachusetts Institute of Technology Introduction Outline of the Presentation The Effect
More informationWhite Paper: 5 Cost Savings Achieved when Lowering Inventory Levels. 2014 EazyStock, a division of Syncron. www.eazystock.com
White Paper: 5 Cost Savings Achieved when Lowering Inventory Levels 2014 EazyStock, a division of Syncron Cost-Cutting Challenges of Distributors & Manufacturers Companies that buy or make items to stock
More informationPrinciples of Inventory Management (PIM)
Principles of Inventory Management (PIM) Session 1: Operation Management Foundations Define the science and practice of operations management (OM) Answer the question why OM should be studied Describe
More informationSupply Chain Management Introduction Outline What is supply chain management? Significance of supply chain management. Push vs.
Supply Chain Management Introduction Outline What is supply chain management? Significance of supply chain management. Push vs. Pull processes 1 A Generic Supply Chain Sources: plants vendors ports Regional
More information