3 stepstoautomatingforecastcollaboration
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TRANSCRIPT
3 Steps to Automating Forecast CollaborationStreamline Supply Chain Forecast Planning with Current Technology
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reg
Implement systems to integrate with your ERP amp onboard your suppliers
3 Steps to Automating Forecast Collaboration
Since its inception a century ago the practice of Supply Chain Management has experienced
several transformations evolving from a purely administrative function to a critical strategic arm that largely determines an organizationrsquos success in the current economy
Even if your company has implemented some form of automation in your ordering or payment processes chances are that you would still benet from a new analysis of gaps needs and priorities Are there ways to collaborate even smarter with your partners and plan more eectively
Evaluate the tools available to automate your processes
Assess the needs of your organization
In addition the recent generation of rapid technological advancement and the transition to
a global economy has mandated that companies keep their competitive edge by taking advantage of tools that provide access to real-time data and instant collaboration with partners across the globe
According to a 2011 study by Aberdeen Group up to 49 of all companies were still using manual processes for forecast planning and collaboration Is your organization one of these If so itrsquos time to realistically assess what your company can do to automate processes in order to increase efficiency and profits as well as decrease downtime delayed shipments and supply shortages
To find out establish a cross-functional project team comprised of representatives from the areas that would be affected by the collaboration process change At a minimum this will likely include members of Procurement (supply ordering process) Planning (forecasting) and IT (implementation strategy)
Why Automate Now
Step 1Assess the needs of your organization
Do you trust your Material Resource Planning (MRP) Data
The rst analysis your team should perform is to determine the accuracy of your MRP data If
the data pulled from your planning engine cannot be trusted improving your automated forecasting and collaboration capabilities will not produce the desired improvements in eciency and prot margins
Does your MRP contain the most current data Once yoursquove uncovered and remedied any issues with data accuracy from your MRP the next step is to make sure that the data is pulled in real-time or near-real-time Current MRP data generates accurate order quantities forecasting and delivery date scheduling
Do you have visibility into your suppliersrsquo inventory The ability to view your supplierrsquos on-hand stock using real-time data allows you to accurately predict supplier commitments and abilities to meet your demand You can use this capability to tighten inventory margins and delivery schedules mitigating the likelihood of a ldquoBullwhip Eectrdquo
Can you communicate with your suppliers in a system that integrates with your ERP The abilities to send automatic notication emails and to communicate supply issue details by using notes and attachments are powerful methods of saving time labor and supply costs Instead of manually entering data into multiple forms and relying on several phone calls and emails to place orders buyers and suppliers have a single point of reference for all orders Additionally electronic records are maintained for all orders and communication so the ldquopaper trailrdquo is seamless
Questions to Ask1 To what extent does
my company use time-consuming processes (email spreadsheets phone calls) to process amp communicate orders
2 How do I obtain information about my suppliersrsquo inventory
3 Do I have visibility into their current and projected stock
4 Can I collaborate with my suppliers in my procurement system using real-time demand and forecast data
5 How tightly do I need to tie my forecasting and procurement systems together
6 Do they need to be integrated in a common solutionproduct
Once you have assessed the gaps in your forecast collaboration process and identied
the areas to be automated itrsquos time to evaluate the available solutions that can integrate with your
existing planning engine and ERP Yoursquore looking for a solution that provides the degree of automation you need and that also delivers an impressive ROI
Step2Evaluate the tools available to automate your processes
Questions to Ask1 What automation solutions will integrate with my
existing planning engine
2 What solution provides the functionality service and support my company needs at a price that justies the ROI
3 What type of deployment option ndash On-Premise Saas Cloud or Hybrid ndash would be best for my organizationrsquos IT structure
4 What type of integration is best suited for my existing ERP ndash tight integration or loose integration using middleware
5 Does the chosen selection support the requirements languages and IT capabilities of my suppliers
6 Can my global suppliers access the solution via a secure web portal EDI or B2B
7 Can my suppliers use the solution to upload CSV or XML les of on-hand inventory quantities
8 Can my suppliers send attachments notes and emails to maximize collboration eciency
9 How long does it take to implement the solution at supplier sites How complicated is the learning curve
10 What are the internal implementation costs
Once you have selected the right solution for your companyrsquos automated forecasting process
and existing systemstechnology the nal phase is determining the best implementation process Ideally your project team will be joined by external implementation and solution specialists who will customize the product to your specic needs
Make sure you have all the internal resources you will need for the implementation process including any hardware or other IT requirements as well as the appropriate time and budget allocations Plan to adequately train personnel who will be using the new system so that eciency gains are realized from the outset
Questions to Ask1 What external and internal resources do I need for
the implementation process and team
2 Can supplier onboarding be prioritized and expedited
Step 3Implement systems to integrate with your ERP and onboard your supplies
Finally prioritize and plan for the supplier onboarding process using the expertise of both your internal IT professionals and the external implementation team It may be useful to create a phased plan for rolling out the new system to larger suppliers rst for example or to those who already share some of your systems Determine your priorities and create a realistic timeline for onboarding and training your suppliers
Taking the time to perform an in-depth assessment of your forecasting and collaboration
processes to determine the best solution for improving eciency and increasing automation can pay o big especially if your company has gaps in communication processes or problems with MRP data accuracy According to the 2011 Aberdeen study a US-based consumer goods company achieved the following improvements by implementing an automated solution
bull Reduced number of days of inventory in hand by 24
bull Reduced lead timed by 28 bull Improved on-time customer delivery by 41
How much improvement in excess inventory shipping times ordering eciency and supplier communication could your company realize by deploying a solution that works with your existing systems to maximize your capabilities
Endnotes1Ericson Carrie and Rycraft Simon ldquoThe Evolution of Supply Managementrdquo Supply Chain Management Review SeptemberOctober 2011 48-49 2Aberdeen Group ldquoGlobalization Linking Supply Chain Transformation to the Prot and Loss Statementrdquo Sep 20113TAKE Solutions Inc ldquoMitigating the Bullwhip Eect Demand Collaboration Maximizes Eciency throughout the Supply Chainrdquo 20124TAKE Solutions Inc ldquoExploring Deployment Options for Supply Chain Collaboration and Enterprise Solutionsrdquo 20125TAKE Solutions Inc ldquoEnterprise System Integration for Supply Chain Technologyrdquo 2012
And Finally
6805 N Capital Hwy | Austin TX 78731 | T - 512 231 8191 | F - 512 231 0292 | W - onescmcom
reg
share this
Implement systems to integrate with your ERP amp onboard your suppliers
3 Steps to Automating Forecast Collaboration
Since its inception a century ago the practice of Supply Chain Management has experienced
several transformations evolving from a purely administrative function to a critical strategic arm that largely determines an organizationrsquos success in the current economy
Even if your company has implemented some form of automation in your ordering or payment processes chances are that you would still benet from a new analysis of gaps needs and priorities Are there ways to collaborate even smarter with your partners and plan more eectively
Evaluate the tools available to automate your processes
Assess the needs of your organization
In addition the recent generation of rapid technological advancement and the transition to
a global economy has mandated that companies keep their competitive edge by taking advantage of tools that provide access to real-time data and instant collaboration with partners across the globe
According to a 2011 study by Aberdeen Group up to 49 of all companies were still using manual processes for forecast planning and collaboration Is your organization one of these If so itrsquos time to realistically assess what your company can do to automate processes in order to increase efficiency and profits as well as decrease downtime delayed shipments and supply shortages
To find out establish a cross-functional project team comprised of representatives from the areas that would be affected by the collaboration process change At a minimum this will likely include members of Procurement (supply ordering process) Planning (forecasting) and IT (implementation strategy)
Why Automate Now
Step 1Assess the needs of your organization
Do you trust your Material Resource Planning (MRP) Data
The rst analysis your team should perform is to determine the accuracy of your MRP data If
the data pulled from your planning engine cannot be trusted improving your automated forecasting and collaboration capabilities will not produce the desired improvements in eciency and prot margins
Does your MRP contain the most current data Once yoursquove uncovered and remedied any issues with data accuracy from your MRP the next step is to make sure that the data is pulled in real-time or near-real-time Current MRP data generates accurate order quantities forecasting and delivery date scheduling
Do you have visibility into your suppliersrsquo inventory The ability to view your supplierrsquos on-hand stock using real-time data allows you to accurately predict supplier commitments and abilities to meet your demand You can use this capability to tighten inventory margins and delivery schedules mitigating the likelihood of a ldquoBullwhip Eectrdquo
Can you communicate with your suppliers in a system that integrates with your ERP The abilities to send automatic notication emails and to communicate supply issue details by using notes and attachments are powerful methods of saving time labor and supply costs Instead of manually entering data into multiple forms and relying on several phone calls and emails to place orders buyers and suppliers have a single point of reference for all orders Additionally electronic records are maintained for all orders and communication so the ldquopaper trailrdquo is seamless
Questions to Ask1 To what extent does
my company use time-consuming processes (email spreadsheets phone calls) to process amp communicate orders
2 How do I obtain information about my suppliersrsquo inventory
3 Do I have visibility into their current and projected stock
4 Can I collaborate with my suppliers in my procurement system using real-time demand and forecast data
5 How tightly do I need to tie my forecasting and procurement systems together
6 Do they need to be integrated in a common solutionproduct
Once you have assessed the gaps in your forecast collaboration process and identied
the areas to be automated itrsquos time to evaluate the available solutions that can integrate with your
existing planning engine and ERP Yoursquore looking for a solution that provides the degree of automation you need and that also delivers an impressive ROI
Step2Evaluate the tools available to automate your processes
Questions to Ask1 What automation solutions will integrate with my
existing planning engine
2 What solution provides the functionality service and support my company needs at a price that justies the ROI
3 What type of deployment option ndash On-Premise Saas Cloud or Hybrid ndash would be best for my organizationrsquos IT structure
4 What type of integration is best suited for my existing ERP ndash tight integration or loose integration using middleware
5 Does the chosen selection support the requirements languages and IT capabilities of my suppliers
6 Can my global suppliers access the solution via a secure web portal EDI or B2B
7 Can my suppliers use the solution to upload CSV or XML les of on-hand inventory quantities
8 Can my suppliers send attachments notes and emails to maximize collboration eciency
9 How long does it take to implement the solution at supplier sites How complicated is the learning curve
10 What are the internal implementation costs
Once you have selected the right solution for your companyrsquos automated forecasting process
and existing systemstechnology the nal phase is determining the best implementation process Ideally your project team will be joined by external implementation and solution specialists who will customize the product to your specic needs
Make sure you have all the internal resources you will need for the implementation process including any hardware or other IT requirements as well as the appropriate time and budget allocations Plan to adequately train personnel who will be using the new system so that eciency gains are realized from the outset
Questions to Ask1 What external and internal resources do I need for
the implementation process and team
2 Can supplier onboarding be prioritized and expedited
Step 3Implement systems to integrate with your ERP and onboard your supplies
Finally prioritize and plan for the supplier onboarding process using the expertise of both your internal IT professionals and the external implementation team It may be useful to create a phased plan for rolling out the new system to larger suppliers rst for example or to those who already share some of your systems Determine your priorities and create a realistic timeline for onboarding and training your suppliers
Taking the time to perform an in-depth assessment of your forecasting and collaboration
processes to determine the best solution for improving eciency and increasing automation can pay o big especially if your company has gaps in communication processes or problems with MRP data accuracy According to the 2011 Aberdeen study a US-based consumer goods company achieved the following improvements by implementing an automated solution
bull Reduced number of days of inventory in hand by 24
bull Reduced lead timed by 28 bull Improved on-time customer delivery by 41
How much improvement in excess inventory shipping times ordering eciency and supplier communication could your company realize by deploying a solution that works with your existing systems to maximize your capabilities
Endnotes1Ericson Carrie and Rycraft Simon ldquoThe Evolution of Supply Managementrdquo Supply Chain Management Review SeptemberOctober 2011 48-49 2Aberdeen Group ldquoGlobalization Linking Supply Chain Transformation to the Prot and Loss Statementrdquo Sep 20113TAKE Solutions Inc ldquoMitigating the Bullwhip Eect Demand Collaboration Maximizes Eciency throughout the Supply Chainrdquo 20124TAKE Solutions Inc ldquoExploring Deployment Options for Supply Chain Collaboration and Enterprise Solutionsrdquo 20125TAKE Solutions Inc ldquoEnterprise System Integration for Supply Chain Technologyrdquo 2012
And Finally
6805 N Capital Hwy | Austin TX 78731 | T - 512 231 8191 | F - 512 231 0292 | W - onescmcom
reg
share this
In addition the recent generation of rapid technological advancement and the transition to
a global economy has mandated that companies keep their competitive edge by taking advantage of tools that provide access to real-time data and instant collaboration with partners across the globe
According to a 2011 study by Aberdeen Group up to 49 of all companies were still using manual processes for forecast planning and collaboration Is your organization one of these If so itrsquos time to realistically assess what your company can do to automate processes in order to increase efficiency and profits as well as decrease downtime delayed shipments and supply shortages
To find out establish a cross-functional project team comprised of representatives from the areas that would be affected by the collaboration process change At a minimum this will likely include members of Procurement (supply ordering process) Planning (forecasting) and IT (implementation strategy)
Why Automate Now
Step 1Assess the needs of your organization
Do you trust your Material Resource Planning (MRP) Data
The rst analysis your team should perform is to determine the accuracy of your MRP data If
the data pulled from your planning engine cannot be trusted improving your automated forecasting and collaboration capabilities will not produce the desired improvements in eciency and prot margins
Does your MRP contain the most current data Once yoursquove uncovered and remedied any issues with data accuracy from your MRP the next step is to make sure that the data is pulled in real-time or near-real-time Current MRP data generates accurate order quantities forecasting and delivery date scheduling
Do you have visibility into your suppliersrsquo inventory The ability to view your supplierrsquos on-hand stock using real-time data allows you to accurately predict supplier commitments and abilities to meet your demand You can use this capability to tighten inventory margins and delivery schedules mitigating the likelihood of a ldquoBullwhip Eectrdquo
Can you communicate with your suppliers in a system that integrates with your ERP The abilities to send automatic notication emails and to communicate supply issue details by using notes and attachments are powerful methods of saving time labor and supply costs Instead of manually entering data into multiple forms and relying on several phone calls and emails to place orders buyers and suppliers have a single point of reference for all orders Additionally electronic records are maintained for all orders and communication so the ldquopaper trailrdquo is seamless
Questions to Ask1 To what extent does
my company use time-consuming processes (email spreadsheets phone calls) to process amp communicate orders
2 How do I obtain information about my suppliersrsquo inventory
3 Do I have visibility into their current and projected stock
4 Can I collaborate with my suppliers in my procurement system using real-time demand and forecast data
5 How tightly do I need to tie my forecasting and procurement systems together
6 Do they need to be integrated in a common solutionproduct
Once you have assessed the gaps in your forecast collaboration process and identied
the areas to be automated itrsquos time to evaluate the available solutions that can integrate with your
existing planning engine and ERP Yoursquore looking for a solution that provides the degree of automation you need and that also delivers an impressive ROI
Step2Evaluate the tools available to automate your processes
Questions to Ask1 What automation solutions will integrate with my
existing planning engine
2 What solution provides the functionality service and support my company needs at a price that justies the ROI
3 What type of deployment option ndash On-Premise Saas Cloud or Hybrid ndash would be best for my organizationrsquos IT structure
4 What type of integration is best suited for my existing ERP ndash tight integration or loose integration using middleware
5 Does the chosen selection support the requirements languages and IT capabilities of my suppliers
6 Can my global suppliers access the solution via a secure web portal EDI or B2B
7 Can my suppliers use the solution to upload CSV or XML les of on-hand inventory quantities
8 Can my suppliers send attachments notes and emails to maximize collboration eciency
9 How long does it take to implement the solution at supplier sites How complicated is the learning curve
10 What are the internal implementation costs
Once you have selected the right solution for your companyrsquos automated forecasting process
and existing systemstechnology the nal phase is determining the best implementation process Ideally your project team will be joined by external implementation and solution specialists who will customize the product to your specic needs
Make sure you have all the internal resources you will need for the implementation process including any hardware or other IT requirements as well as the appropriate time and budget allocations Plan to adequately train personnel who will be using the new system so that eciency gains are realized from the outset
Questions to Ask1 What external and internal resources do I need for
the implementation process and team
2 Can supplier onboarding be prioritized and expedited
Step 3Implement systems to integrate with your ERP and onboard your supplies
Finally prioritize and plan for the supplier onboarding process using the expertise of both your internal IT professionals and the external implementation team It may be useful to create a phased plan for rolling out the new system to larger suppliers rst for example or to those who already share some of your systems Determine your priorities and create a realistic timeline for onboarding and training your suppliers
Taking the time to perform an in-depth assessment of your forecasting and collaboration
processes to determine the best solution for improving eciency and increasing automation can pay o big especially if your company has gaps in communication processes or problems with MRP data accuracy According to the 2011 Aberdeen study a US-based consumer goods company achieved the following improvements by implementing an automated solution
bull Reduced number of days of inventory in hand by 24
bull Reduced lead timed by 28 bull Improved on-time customer delivery by 41
How much improvement in excess inventory shipping times ordering eciency and supplier communication could your company realize by deploying a solution that works with your existing systems to maximize your capabilities
Endnotes1Ericson Carrie and Rycraft Simon ldquoThe Evolution of Supply Managementrdquo Supply Chain Management Review SeptemberOctober 2011 48-49 2Aberdeen Group ldquoGlobalization Linking Supply Chain Transformation to the Prot and Loss Statementrdquo Sep 20113TAKE Solutions Inc ldquoMitigating the Bullwhip Eect Demand Collaboration Maximizes Eciency throughout the Supply Chainrdquo 20124TAKE Solutions Inc ldquoExploring Deployment Options for Supply Chain Collaboration and Enterprise Solutionsrdquo 20125TAKE Solutions Inc ldquoEnterprise System Integration for Supply Chain Technologyrdquo 2012
And Finally
6805 N Capital Hwy | Austin TX 78731 | T - 512 231 8191 | F - 512 231 0292 | W - onescmcom
reg
share this
Do you trust your Material Resource Planning (MRP) Data
The rst analysis your team should perform is to determine the accuracy of your MRP data If
the data pulled from your planning engine cannot be trusted improving your automated forecasting and collaboration capabilities will not produce the desired improvements in eciency and prot margins
Does your MRP contain the most current data Once yoursquove uncovered and remedied any issues with data accuracy from your MRP the next step is to make sure that the data is pulled in real-time or near-real-time Current MRP data generates accurate order quantities forecasting and delivery date scheduling
Do you have visibility into your suppliersrsquo inventory The ability to view your supplierrsquos on-hand stock using real-time data allows you to accurately predict supplier commitments and abilities to meet your demand You can use this capability to tighten inventory margins and delivery schedules mitigating the likelihood of a ldquoBullwhip Eectrdquo
Can you communicate with your suppliers in a system that integrates with your ERP The abilities to send automatic notication emails and to communicate supply issue details by using notes and attachments are powerful methods of saving time labor and supply costs Instead of manually entering data into multiple forms and relying on several phone calls and emails to place orders buyers and suppliers have a single point of reference for all orders Additionally electronic records are maintained for all orders and communication so the ldquopaper trailrdquo is seamless
Questions to Ask1 To what extent does
my company use time-consuming processes (email spreadsheets phone calls) to process amp communicate orders
2 How do I obtain information about my suppliersrsquo inventory
3 Do I have visibility into their current and projected stock
4 Can I collaborate with my suppliers in my procurement system using real-time demand and forecast data
5 How tightly do I need to tie my forecasting and procurement systems together
6 Do they need to be integrated in a common solutionproduct
Once you have assessed the gaps in your forecast collaboration process and identied
the areas to be automated itrsquos time to evaluate the available solutions that can integrate with your
existing planning engine and ERP Yoursquore looking for a solution that provides the degree of automation you need and that also delivers an impressive ROI
Step2Evaluate the tools available to automate your processes
Questions to Ask1 What automation solutions will integrate with my
existing planning engine
2 What solution provides the functionality service and support my company needs at a price that justies the ROI
3 What type of deployment option ndash On-Premise Saas Cloud or Hybrid ndash would be best for my organizationrsquos IT structure
4 What type of integration is best suited for my existing ERP ndash tight integration or loose integration using middleware
5 Does the chosen selection support the requirements languages and IT capabilities of my suppliers
6 Can my global suppliers access the solution via a secure web portal EDI or B2B
7 Can my suppliers use the solution to upload CSV or XML les of on-hand inventory quantities
8 Can my suppliers send attachments notes and emails to maximize collboration eciency
9 How long does it take to implement the solution at supplier sites How complicated is the learning curve
10 What are the internal implementation costs
Once you have selected the right solution for your companyrsquos automated forecasting process
and existing systemstechnology the nal phase is determining the best implementation process Ideally your project team will be joined by external implementation and solution specialists who will customize the product to your specic needs
Make sure you have all the internal resources you will need for the implementation process including any hardware or other IT requirements as well as the appropriate time and budget allocations Plan to adequately train personnel who will be using the new system so that eciency gains are realized from the outset
Questions to Ask1 What external and internal resources do I need for
the implementation process and team
2 Can supplier onboarding be prioritized and expedited
Step 3Implement systems to integrate with your ERP and onboard your supplies
Finally prioritize and plan for the supplier onboarding process using the expertise of both your internal IT professionals and the external implementation team It may be useful to create a phased plan for rolling out the new system to larger suppliers rst for example or to those who already share some of your systems Determine your priorities and create a realistic timeline for onboarding and training your suppliers
Taking the time to perform an in-depth assessment of your forecasting and collaboration
processes to determine the best solution for improving eciency and increasing automation can pay o big especially if your company has gaps in communication processes or problems with MRP data accuracy According to the 2011 Aberdeen study a US-based consumer goods company achieved the following improvements by implementing an automated solution
bull Reduced number of days of inventory in hand by 24
bull Reduced lead timed by 28 bull Improved on-time customer delivery by 41
How much improvement in excess inventory shipping times ordering eciency and supplier communication could your company realize by deploying a solution that works with your existing systems to maximize your capabilities
Endnotes1Ericson Carrie and Rycraft Simon ldquoThe Evolution of Supply Managementrdquo Supply Chain Management Review SeptemberOctober 2011 48-49 2Aberdeen Group ldquoGlobalization Linking Supply Chain Transformation to the Prot and Loss Statementrdquo Sep 20113TAKE Solutions Inc ldquoMitigating the Bullwhip Eect Demand Collaboration Maximizes Eciency throughout the Supply Chainrdquo 20124TAKE Solutions Inc ldquoExploring Deployment Options for Supply Chain Collaboration and Enterprise Solutionsrdquo 20125TAKE Solutions Inc ldquoEnterprise System Integration for Supply Chain Technologyrdquo 2012
And Finally
6805 N Capital Hwy | Austin TX 78731 | T - 512 231 8191 | F - 512 231 0292 | W - onescmcom
reg
share this
Once you have assessed the gaps in your forecast collaboration process and identied
the areas to be automated itrsquos time to evaluate the available solutions that can integrate with your
existing planning engine and ERP Yoursquore looking for a solution that provides the degree of automation you need and that also delivers an impressive ROI
Step2Evaluate the tools available to automate your processes
Questions to Ask1 What automation solutions will integrate with my
existing planning engine
2 What solution provides the functionality service and support my company needs at a price that justies the ROI
3 What type of deployment option ndash On-Premise Saas Cloud or Hybrid ndash would be best for my organizationrsquos IT structure
4 What type of integration is best suited for my existing ERP ndash tight integration or loose integration using middleware
5 Does the chosen selection support the requirements languages and IT capabilities of my suppliers
6 Can my global suppliers access the solution via a secure web portal EDI or B2B
7 Can my suppliers use the solution to upload CSV or XML les of on-hand inventory quantities
8 Can my suppliers send attachments notes and emails to maximize collboration eciency
9 How long does it take to implement the solution at supplier sites How complicated is the learning curve
10 What are the internal implementation costs
Once you have selected the right solution for your companyrsquos automated forecasting process
and existing systemstechnology the nal phase is determining the best implementation process Ideally your project team will be joined by external implementation and solution specialists who will customize the product to your specic needs
Make sure you have all the internal resources you will need for the implementation process including any hardware or other IT requirements as well as the appropriate time and budget allocations Plan to adequately train personnel who will be using the new system so that eciency gains are realized from the outset
Questions to Ask1 What external and internal resources do I need for
the implementation process and team
2 Can supplier onboarding be prioritized and expedited
Step 3Implement systems to integrate with your ERP and onboard your supplies
Finally prioritize and plan for the supplier onboarding process using the expertise of both your internal IT professionals and the external implementation team It may be useful to create a phased plan for rolling out the new system to larger suppliers rst for example or to those who already share some of your systems Determine your priorities and create a realistic timeline for onboarding and training your suppliers
Taking the time to perform an in-depth assessment of your forecasting and collaboration
processes to determine the best solution for improving eciency and increasing automation can pay o big especially if your company has gaps in communication processes or problems with MRP data accuracy According to the 2011 Aberdeen study a US-based consumer goods company achieved the following improvements by implementing an automated solution
bull Reduced number of days of inventory in hand by 24
bull Reduced lead timed by 28 bull Improved on-time customer delivery by 41
How much improvement in excess inventory shipping times ordering eciency and supplier communication could your company realize by deploying a solution that works with your existing systems to maximize your capabilities
Endnotes1Ericson Carrie and Rycraft Simon ldquoThe Evolution of Supply Managementrdquo Supply Chain Management Review SeptemberOctober 2011 48-49 2Aberdeen Group ldquoGlobalization Linking Supply Chain Transformation to the Prot and Loss Statementrdquo Sep 20113TAKE Solutions Inc ldquoMitigating the Bullwhip Eect Demand Collaboration Maximizes Eciency throughout the Supply Chainrdquo 20124TAKE Solutions Inc ldquoExploring Deployment Options for Supply Chain Collaboration and Enterprise Solutionsrdquo 20125TAKE Solutions Inc ldquoEnterprise System Integration for Supply Chain Technologyrdquo 2012
And Finally
6805 N Capital Hwy | Austin TX 78731 | T - 512 231 8191 | F - 512 231 0292 | W - onescmcom
reg
share this
Once you have selected the right solution for your companyrsquos automated forecasting process
and existing systemstechnology the nal phase is determining the best implementation process Ideally your project team will be joined by external implementation and solution specialists who will customize the product to your specic needs
Make sure you have all the internal resources you will need for the implementation process including any hardware or other IT requirements as well as the appropriate time and budget allocations Plan to adequately train personnel who will be using the new system so that eciency gains are realized from the outset
Questions to Ask1 What external and internal resources do I need for
the implementation process and team
2 Can supplier onboarding be prioritized and expedited
Step 3Implement systems to integrate with your ERP and onboard your supplies
Finally prioritize and plan for the supplier onboarding process using the expertise of both your internal IT professionals and the external implementation team It may be useful to create a phased plan for rolling out the new system to larger suppliers rst for example or to those who already share some of your systems Determine your priorities and create a realistic timeline for onboarding and training your suppliers
Taking the time to perform an in-depth assessment of your forecasting and collaboration
processes to determine the best solution for improving eciency and increasing automation can pay o big especially if your company has gaps in communication processes or problems with MRP data accuracy According to the 2011 Aberdeen study a US-based consumer goods company achieved the following improvements by implementing an automated solution
bull Reduced number of days of inventory in hand by 24
bull Reduced lead timed by 28 bull Improved on-time customer delivery by 41
How much improvement in excess inventory shipping times ordering eciency and supplier communication could your company realize by deploying a solution that works with your existing systems to maximize your capabilities
Endnotes1Ericson Carrie and Rycraft Simon ldquoThe Evolution of Supply Managementrdquo Supply Chain Management Review SeptemberOctober 2011 48-49 2Aberdeen Group ldquoGlobalization Linking Supply Chain Transformation to the Prot and Loss Statementrdquo Sep 20113TAKE Solutions Inc ldquoMitigating the Bullwhip Eect Demand Collaboration Maximizes Eciency throughout the Supply Chainrdquo 20124TAKE Solutions Inc ldquoExploring Deployment Options for Supply Chain Collaboration and Enterprise Solutionsrdquo 20125TAKE Solutions Inc ldquoEnterprise System Integration for Supply Chain Technologyrdquo 2012
And Finally
6805 N Capital Hwy | Austin TX 78731 | T - 512 231 8191 | F - 512 231 0292 | W - onescmcom
reg
share this
Taking the time to perform an in-depth assessment of your forecasting and collaboration
processes to determine the best solution for improving eciency and increasing automation can pay o big especially if your company has gaps in communication processes or problems with MRP data accuracy According to the 2011 Aberdeen study a US-based consumer goods company achieved the following improvements by implementing an automated solution
bull Reduced number of days of inventory in hand by 24
bull Reduced lead timed by 28 bull Improved on-time customer delivery by 41
How much improvement in excess inventory shipping times ordering eciency and supplier communication could your company realize by deploying a solution that works with your existing systems to maximize your capabilities
Endnotes1Ericson Carrie and Rycraft Simon ldquoThe Evolution of Supply Managementrdquo Supply Chain Management Review SeptemberOctober 2011 48-49 2Aberdeen Group ldquoGlobalization Linking Supply Chain Transformation to the Prot and Loss Statementrdquo Sep 20113TAKE Solutions Inc ldquoMitigating the Bullwhip Eect Demand Collaboration Maximizes Eciency throughout the Supply Chainrdquo 20124TAKE Solutions Inc ldquoExploring Deployment Options for Supply Chain Collaboration and Enterprise Solutionsrdquo 20125TAKE Solutions Inc ldquoEnterprise System Integration for Supply Chain Technologyrdquo 2012
And Finally
6805 N Capital Hwy | Austin TX 78731 | T - 512 231 8191 | F - 512 231 0292 | W - onescmcom
reg
share this
6805 N Capital Hwy | Austin TX 78731 | T - 512 231 8191 | F - 512 231 0292 | W - onescmcom
reg
share this