Bank Robber Slick Willie Sutton When asked why he robbed banks, Sutton simply replied "Because that's where the money is."



Similar documents
Joseph Francis Executive Director

Using SCOR to Compete and Grow in a Down Economy

Symbios Overview Lean Supply Chain Quality Improvement Customer Satisfaction Productivity Speed Cost

Strategic Financial Supply Chain Management For Value Creation

Supply-Chain Operations Reference-model

... Supply-Chain Operations Reference-model. Plan. Source. Return. Return. Overview of SCOR Version 5.0. Plan. Source. Make. Deliver.

Key Decision Making Alignment = Supply Chain Alignment

How SCOR Model Enhance Global Sourcing Effectiveness

Driving Performance in the Oil & Gas Supply Chain

Taking a Strategic Approach to Supply Chain Risk Management

SCOR: Supply-Chain Reference Model

Using SCOR model in a real Collaborative Sourcing Scenario

The Diverse Manufacturing Supply Chain Alliance (DMSCA) The Corporate Mentoring Program (CMP)

The importance of SCM

Supply Chain Assessment Study

Strategic Supply Chain Management. Medical Device Supply Chain Council 1 October 2013

Know more Act Better: Launching KPI Reporting & Benchmarking Framework

Supply Chain Management Seminar at Bangalore Dec. 6, 2003

Supply Chain Management

Seeing Clearly will improve your SCOR

February SCOR Based Business Process Mapping for a Hi Tech Manufacturing Company

Sage 300 Distribution

Strategic Supply Chain Management The five disciplines for top performance. Food & Consumer Products of Canada Webinar Toronto, February 24, 2014

<Insert Picture Here> Oracle Fusion: The New Standard for Enterprise Software

SAP BUSINESSOBJECTS SUPPLY CHAIN PERFORMANCE MANAGEMENT IMPROVING SUPPLY CHAIN EFFECTIVENESS

The Future of Global Consulting Services and IDS Consulting

Predictive and Prescriptive Analytics An Example: Advanced Sales & Operations Planning

1) A complete SCM solution includes customers, service providers and partners. Answer: TRUE Diff: 2 Page Ref: 304

Smart Application Development using BPM Suite

A case study of Amazon s fulfillment system Claude Mortel Pei-Ling Wu Cheng-Hsien Chan (RA ) (R ) (R )

ERP & MRP II. Ekin Türkeli Ahmet Bayram

The Hierarchy of Supply Chain Metrics: Diagnosing Your Supply Chain Health

Module 1: Supply Chain Design

Operational Performance Metrics in Manufacturing Process: Based on SCOR Model and RFID Technology

Sage 300 Manufacturing

MSD Supply Chain Programme Strategy Workshop

BTS CP Business Best Practice Process Design. Carola Feind-Just Head Consumer Products MEE Business Transformation Services

MMOG/LE OVERVIEW STREAMLINE AND OPTIMIZE SUPPLY CHAIN MANAGEMENT WITH QAD MMOG/LE SOLUTIONS IMPROVE PERFORMANCE IN THE AUTOMOTIVE SUPPLY CHAIN

Certified ERP Manager VS-1180

Reinier Remmelink 20 februari Het nut van world class Supply Chain

Information Systems for Business Integration

Day 3: Modeling and ERP Reference Architectures

Are you looking at procurement as an end-to-end process?

26/10/2015. Enterprise Information Systems. Learning Objectives. System Category Enterprise Systems. ACS-1803 Introduction to Information Systems

Global Supply Chain Control Towers

TrueCommerce EDI Platform for Dynamics

Our Business Knowledge, Your Winning Edge. Consulting & Thought Partnership

Supply Chain development - a cornerstone for business success

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

Chapter 5 Information Technology and Changing Business Processes

Integrated Fulfillment: Modern Warehouse Management

Achieving World-class Fabless Planning

INTEGRATED SUPPLY CHAIN PLANNING IN NETWORK OPTIMISATION

Sage ERP I White Paper. An ERP Guide to Driving Efficiency

Best Practice Demand Planning Discussion Cathy Humphreys Business Development Manager UK

mysap ERP FINANCIALS SOLUTION OVERVIEW

CMII-100H. CMII Standard for Enterprise-Wide Configuration Management and Integrated Process Excellence. by the Institute of Configuration Management

How To Improve Your Business

CSCP APICS Certified Supply Chain Professional APICS

Productions Management II

Scope of Supply Chain Management (SCM)

A Guide for a Successful ERP Strategy in the Midmarket: Selection, Services, and Integration

Introduction to Logistics & Supply Chain Management

SUPPLY CHAIN MANAGEMENT

ACS-1803 Introduction to Information Systems. Enterprise Information Systems. Lecture Outline 6

RACK AND CONTAINER TRACKING SOLUTION

Microsoft Dynamics Food and Beverage Distribution Telesales Guide

Driving Smarter, More Efficient Supply Chains Through Analytics

einvoice A fully automated digital solution for companies of all sizes

Info Net LAMAR SOFTWARE, INC. Enterprise Resource Planning. Efficiency. Productivity. Flexibility

Concepts in Enterprise Resource Planning. 2 nd Edition. Business Functions, Processes, and Data Requirements

TCS Supply Chain Center of Excellence

Process Validation Workshops. Overview Session

Managing End-to-End Supply Chain Costs in a Down Economy

GES Global Enterprise Suite Integrate all Applications Into One Global Enterprise Solution

Operations Management and the Integrated Manufacturing Facility

Fixed Scope Offering for Implementation of Oracle ERP Financials in Cloud. Oracle ERP Finacials Cloud Offerings

Sage X3 for Manufacturing

GXS Active. Orders. Optimizing the Procure-to-Pay Process. Order Planning and Execution. Order Lifecycle Management.

BUILDING BLOCKS FOR MANUFACTURING EXCELLENCE

Information Systems for Business Integration: EDI, SCM, CRM Systems

SPECIALISED SOLUTIONS

STRATEGY 1: DETERMINE DESIRED PERFORMANCE METRICS

Brochure HP Workflow Discovery for FSI

Platform B2B NetBuyer Network of connections. ZT Business Solutions

Sustainability Services Strategy, technology and implementation services that drive business performance improvement

Project Management Professional (PMP)

Optimizing the Restaurant Industry Supply Chain SM. since Supply Chain Solutions. Redistribution Services. Warehousing and Storage.

QAD Enterprise Applications Overview

Oracle Business Intelligence Applications: Complete Solutions for Rapid BI Success

Lesson 1: Introduction to Supply Chain Management

ELA Certification for Logistics Professionals

IBM Sterling Transportation Management System

Order To Cash (OTC) If we consider the entire flow, this can be further categorized into the following seven subprocesses:

Transcription:

A Bit of History: 1930-1950 Bank Robber Slick Willie Sutton When asked why he robbed banks, Sutton simply replied "Because that's where the money is." 1 SCOR Benchmarking - Presentation

Where the Money Is Supply-chain generally accounts for between 60% and 90% of all company costs1 A 2% improvement in process efficiency for supply-chain processes has 3000% - 5000% the impact of a 2% improvement in efficiency for IT, HR, Finance 1 Sales Any surprise most Process Methodologies or techniques had their origin primarily in Supply-Chain Management? Six-Sigma Lean BPR ERP ISO MRP-II TQM Fortune-10 Company Supply-Chain Cost % Total Costs 2 GM Ford Conoco Wal-Mart Chevron IBM Exxon GE Citi 1 AIG 1 94% 93% 90% 90% 88% 77% 75% 63% 0% 0% 1 Exclusive of Financial Services companies 2 Source: Hoovers 2006 Financial Data, Supply-Chain Council 2006 SCM Benchmark data on SCM cost for discrete & process industries 2 SCOR Benchmarking - Presentation

SCC: An independent, non-profit global association Formed in 1996 to create and evolve a standard industry process reference model of the supply chain for the benefit of helping companies rapidly and dramatically improve supply chain operations SCC has established the supply chain world s most widely accepted framework the SCOR process reference model for evaluating and comparing supply chain activities and their performance It can be used to describe supply chains that are very simple or very complex using a common set of definitions and enabling a common understanding It lets companies quickly determine and compare the performance of supply chain and related operations within their company or against other companies SCC continually advances its tools and educates members about how companies are capitalizing on those tools With membership open to all interested organizations 3 SCOR Benchmarking - Presentation

The SCOR model an industry open standard SCOR is a supply chain process reference model containing over 200 process elements, 550 metrics, and 500 best practices including risk and environmental management Organized around the five primary management processes of Plan, Source, Make, Deliver and Return Any interested organization can participate in its continual development Plan Deliver Source Make Deliver Source Make Deliver Source Make Deliver Source Return Return Return Return Return Return Return Return Suppliers Supplier Supplier Your Company Customer Customer s Customer Internal or External Internal or External 4 SCOR Benchmarking - Presentation

Scopes of Basic Management Processes Plan (Processes that balance aggregate demand and supply to develop a course of action which best meets sourcing, production and delivery requirements) Balance resources with requirements Establish/communicate plans for the whole supply chain Source (Processes that procure goods and services to meet planned or actual demand) Schedule deliveries (receive, verify, transfer) Make (Processes that transform product to a finished state to meet planned or actual demand) Schedule production Deliver (Processes that provide finished goods and services to meet planned or actual demand, typically including order management, transportation management, and distribution management) Warehouse management from receiving and picking product to load and ship product. Return (Processes associated with returning or receiving returned products) Manage Return business rules

Supply Chain Operations Referece Model Level # Levels of Process Detail Description Schematic Comments 1 Top Level (Process Types) Plan Source Make Deliver Return Return Level 1 defines the scope and content for the Supply chain Operations Reference-model. Here basis of competition performance targets are set. 2 Configuration Level (Process Categories) A company s supply chain can be configuredto-order at Level 2 from the core process categories. Companies implement their operations strategy through the configuration they choose for their supply chain. 3 Process Element Level (Decompose Processes) P1.1 Identify, Prioritize, and Aggregate Supply-Chain Requirements P1.2 Identify, Assess, and Aggregate Supply-Chain Requirements P1.3 Balance Production Resources with Supply-Chain Requirements P1.4 Establish and Communicate Supply-Chain Plans Level 3 defines a company s ability to compete successfully in its chosen markets, and consists of: Process element definitions Process element information inputs, and outputs Process performance metrics Best practices, where applicable System capabilities required to support best practices Systems/tools Not in Scope 4 Implementation Level (Decompose Process Elements) Companies implement specific supply-chain management practices at this level. Level 4 defines practices to achieve competitive advantage and to adapt to changing business conditions.

SCOR Processes Level 1 Level 2 Level 3 Level 4 Level 5 Scope Configuration Activity Workflow Transactions Supply-Chain Source S1 Source Stocked Product S1.2 Receive Product EDI XML Differentiates Business Defines Scope Differentiates Complexity Differentiates Capabilities Names Tasks Sequences Steps Links Transactions Links, Metrics, Tasks and Practices Job Details Details of Automation Framework Language Framework Language Framework Language Industry or Company Specific Language Technology Specific Language Standard SCOR definitions Company/Industry definitions 7 SCOR Benchmarking - Presentation

Internal Customer Performance Metrics SCOR metrics: Standard Strategic (Level 1) Metrics Attribute Reliability Responsiveness Agility Cost Assets Metric (Strategic) Perfect Order Fulfillment Order Fulfillment Cycle Time Supply Chain Flexibility Supply Chain Adaptability Supply Chain Management Cost Cost of Goods Sold Cash-to-Cash Cycle Time Return on Supply Chain Fixed Assets Return on Working Capital upside and downside adaptability metrics 8 SCOR Benchmarking - Presentation

7 Steps of a Benchmarking Program Supply Chain Definition Supply Chain Prioritization Supply Chain Strategy Selecting Metrics Sourcing Data Creating a Balanced SCORcard Performing Benchmark 9 SCOR Benchmarking - Presentation

Supply Chain Operations Reference Model (SCOR) SCOR: Integrates Business Process Reengineering, Benchmarking, and Process Measurement into a cross-functional framework. Capture the as-is state of a process and derive the desired to-be future state Quantify the operational performance of similar companies and establish internal targets based on best-inclass results Characterize the management practices and software solutions that result in bestin-class performance Capture the as-is state of a process and derive the desired to-be future state Quantify the operational performance of similar companies and establish internal targets based on best-in-class results Characterize the management practices and software solutions that result in best-inclass performance Business Process Reengineering Benchmarking Best Practices Analysis Process Reference Model

Supply Chain Prioritization We use a tool called the Supply Chain Prioritization Matrix to order the supply-chains according to relevance Each supply chain can be ranked by a number of features We suggest: size (revenue, volume, and margin), complexity (# SKUs) strategic importance You can also look at them by Cash Consumption Risk Volume variability Etc. 11 SCOR Benchmarking - Presentation

Supply Chain Strategy We use a tool called the Supply Chain Strategy Matrix to Identify priority strategic features or attributes of supplychains. Each supply chain strategy is indicated by a collection of ranked features: Reliability On time? Complete? Undamaged? Responsiveness From Customer Request to final acceptance Flexibility How long to scale up? How expensive to scale down? Cost Cost of Processes? Cost of Goods Sold? Assets Working Capital? Return on Investments? 12 SCOR Benchmarking - Presentation

Comparative Ranking We advocate using a simple ranking system for industry comparison Each rank corresponds to a specific percentile in industry performance We do not use averages or other statistical tests Our key ranks: Performance Percentile Choices Interpretation Superior 90 th 1 Top 10 performer Advantage 70 th 2 Top Half performer Parity 50 th 2 Half better/half worse 13 SCOR Benchmarking - Presentation

The SCORcard We use a tool called the Supply Chain SCORcard to Identify performance characteristics of supplychains. Each SCORcard is built from a subset of hundreds of SCOR metrics. For supply-chain benchmarking we generally use only Level 1, 2 and 3 metrics The SCOR Manual provides all necessary definitions 14 SCOR Benchmarking - Presentation

Internal Customer Performance Metrics SCOR metrics: Standard Strategic (Level 1) Metrics Attribute Reliability Responsiveness Agility Cost Assets Metric (Strategic) Perfect Order Fulfillment Order Fulfillment Cycle Time Supply Chain Flexibility Supply Chain Adaptability Supply Chain Management Cost Cost of Goods Sold Cash-to-Cash Cycle Time Return on Supply Chain Fixed Assets Return on Working Capital upside and downside adaptability metrics 15 SCOR Benchmarking - Presentation

SCORcards in 5 Minutes Philosophy You need to have the most data where performance is most critical You need to have least data where performance is least critical For Every Superior Advantage Parity Select Level 1 Metric Level 1 Metric Level 1 Metric and Level 2 Metric Level 2 Metric and Level 3 Metric 16 SCOR Benchmarking - Presentation

Internal External Metrics Selection Supply-Chain SCORcard S/A/P Level-1 Metric Level-2 Metric Level-3 Metric Summary Responsiveness A Order Fulfilment Cycle Time Order Fulfillment Cycle Time Responsiveness Source Cycle Time Source Cycle Time Responsiveness Make Cycle Time Make Cycle Time Responsiveness Deliver Cycle Time Deliver Cycle Time Flexibility P Upside Supply-Chain Flexibility Upside Supplly-Chain Flexibility Cost P Total Supply Chain Management Cost Total Supply Chain Management Cost Assets A Cash to Cash Cycle Time Cash to Cash Cycle Time Assets Days Sales Outstanding Days Sales Outstanding Assets Days Payables Outstanding Days Payables Outstanding Assets Inventory Days of Supply Inventory Days of Supply 17 SCOR Benchmarking - Presentation

Planning Data Gathering: Sources of Data Financial Data 10-K data, Company Annual Reports, Cost Center Reports Must be Verified by Financial Team (Controller) Non-Financial Data Customers Delivery Performance Total Cycle-Time Performance IT Systems Process-to-Process Transactions Planning System Parameters (Lead Times) Suppliers 3PL Providers 18 SCOR Benchmarking - Presentation

Data Gathering Plan Look at who owns the data Consider where the transactions may be Organize to alert data owners to gather data Collect and assess Data Quality Use SCOR Metrics Definition as a guide Metric Process Owner Due Date Status On-Time Delivery D1.16 Logistics 2/2/2008 Complete Undamaged D1.17 3PL Provider 2/15/2008 50% Collected Order Fulfillment Cycle Time D1.1 D1.17 Deliver Team 2/22/2008 Not started Etc 19 SCOR Benchmarking - Presentation

The Create the SCORcard Based on average data averaged over many samples Comes from root transactions, not aggregates Six-Sigma team support a big help Attribute SAP Metric (level 1) You Parity Adv Superior Gap Reliability S Perfect Order Fulfillment 97% Response A Order Fulfillment Cycle Time 14 days Flexibility P Ups. Supply Chain Flexibility 62 days Cost P Supply Chain Mgmt Cost 12.2% Assets A Cash-to-Cash Cycle Time 35 days 20 SCOR Benchmarking - Presentation

SCORmark Once the SCORcard is defined, and data for most metrics are gathered Data are submitted electronically to the SCORmark system With days or weeks, an electronic report is returned with the results of comparison against selected demographic groups The principal function of the Benchmark is to determine the gap between actual performance and performance corresponding to desired strategic positioning. The Benchmark is a component of Phase I and II of the SCOR Implementation Roadmap 21 SCOR Benchmarking - Presentation

Interpreting the Data Used for choosing target performance Critical to understand Performance in a particular Demographic Can be internal (competing against other supply chains in same company) Aligns Strategy, Performance, and Performance Goals Attribute SAP Metric (level 1) You Parity Adv Superior Gap Reliability S Perfect Order Fulfillment 97% 92% 95% 98% 1% Response A Order Fulfillment Cycle Time 14 days 8 days 6 days 4 days 8 Days Flexibility P Ups. Supply Chain Flexibility 62 days 80 days 60 days 40 days 0 Cost P Supply Chain Mgmt Cost 12.2% 10.8% 10.4% 10.2% 1.4% Assets A Cash-to-Cash Cycle Time 35 days 45 days 33 days 20 days 2 Days 22 SCOR Benchmarking - Presentation

Global Operations Supporting Over 800 Member Organizations Member Location North America Australia/Ne w Zealand China South Africa Latin America Southeast Asia Japan Member Affiliation Europe Government SME End User Enabling Technology Also developing chapters in India and the Middle East Consultant Non-Profit/Academic 0% 10% 20% 30% 40% 50% 23 SCOR Benchmarking - Presentation

SCOR has proven to improve operating results many ways Improvement of operating results of an average of 3% in the initial SCOR implementation phase by means of cost reduction and improvement in customer service 1 Increase in profitability (between 2x and 6x) with regard to project investment costs within first 12 months of implementation 1 Reduction in IT costs through minimizing system customization and making better use of standard functionality 1 Continuous actualization of process change portfolio by continuous conversion of supply chain improvements with the objective of increasing annual profits by 1% to 3% 1 Benefits of SCOR Improvement in stock market value Increase of profits and margins Increase of available financial means through improved investment selection (portfolio management of initiatives) Reduction of overall costs Optimization of Enterprise Resource Planning 1 Poluha (2007) Application of the SCOR Model in Supply Chain Management, New York, USA 24 SCOR Benchmarking - Presentation

Some Graphical Tools: 1 st Step in configuring a SC: Illustrate physical layout, material flow and place Level 2 execution process categories to describe activities at each location.

SCOR Process Maps 2 nd Step: Create the SCOR Process Maps: Place planning process categories, using dashed lines to show links with execution processes

Software Package for Modeling SCOR: ARIS EasySCOR The ARIS Toolset and ARIS Easy Design are process modeling tools. The ARIS Toolset is a BPR tool, Easy Design is used for process capture. The EasySCOR Modeler is a software package that includes the ARIS Easy Design modeling kit and the SCOR model in ARIS format. ARIS EasySCOR consists of process models that describe the SCOR levels 1 to 3. Implementation level, level 4 is not included.

Process Map Example created in ARIS EasySCOR Suppliers Supplier Suppliers Assemble/ Package Distribution Centers Geo Ports of Entry Americas---> Europe---> Asia--->