SlideShare a Scribd company logo
1 of 1
Download to read offline
Idea Briefing – MATERIALS-PURCHASING MATRIX (MPM)
Knowledge is a process of piling up facts; wisdom lies in their simplification. - Martin H. Fischer
Current business is in silos
The Materials-Purchasing Matrix (MPM) provides a Supply Chain dashboard
 PURCHASING: LINKING demand to Purchase Orders – allowing buying the
right material, at the right time, & at the right quantity
 SALES: a TARGETING SYSTEM for Sales to review demand changes with
customers
 MATERIALS: a REVIEW TOOL having the right amount ON HAND & preventing
inventory from aging
 FINANCE: a REVIEW TOOL for inventory value
RESULTS
Reduced inventory 45% for a key customer, while monitoring inventory level and
inventory value with each change or new forecast
THE MPM PROCESS
MiCyn Consultancy
cellular: (814) 341-0168
email: micyn2@gmail.com
PURCHASING
WHAT to buy
MATERIALS
HOW MUCH
inventory
FINANCE
WHAT does the
inventory cost

More Related Content

Similar to Idea Briefing - Materials-Purchasing Matrix

Supply Chain Foundations
Supply Chain FoundationsSupply Chain Foundations
Supply Chain FoundationsBradyTopper
 
Presentation slide for material mgmt copy
Presentation slide for material mgmt   copyPresentation slide for material mgmt   copy
Presentation slide for material mgmt copykavitha krishnan
 
Store mgmt
Store mgmtStore mgmt
Store mgmtAMIT ROY
 
Store mgmt
Store mgmtStore mgmt
Store mgmtAMIT ROY
 
Material management
Material management Material management
Material management Harpreet Kaur
 
Logistics functions
Logistics functionsLogistics functions
Logistics functionsMahi Ajara
 
Inventory Management system at big bazaar
Inventory Management system at big bazaarInventory Management system at big bazaar
Inventory Management system at big bazaarAshish Pandey
 
Supply chain management
Supply chain managementSupply chain management
Supply chain managementAchintya Das
 
Strategic Management Of It At Wal Mart
Strategic Management Of It At Wal MartStrategic Management Of It At Wal Mart
Strategic Management Of It At Wal MartKhem Singh
 
SAP WHITEPAPER: Reacting in the Retail Moment, Analyzing Big Data in Real Tim...
SAP WHITEPAPER: Reacting in the Retail Moment, Analyzing Big Data in Real Tim...SAP WHITEPAPER: Reacting in the Retail Moment, Analyzing Big Data in Real Tim...
SAP WHITEPAPER: Reacting in the Retail Moment, Analyzing Big Data in Real Tim...Beyond Technologies
 
supply chain knowldge management ppt
supply chain knowldge management pptsupply chain knowldge management ppt
supply chain knowldge management pptDipak7474
 
MATERIALS MANAGEMENT
MATERIALS MANAGEMENTMATERIALS MANAGEMENT
MATERIALS MANAGEMENTMADHUR VERMA
 
shambel.pptxpppppppppppppppppppppppkjjjj
shambel.pptxpppppppppppppppppppppppkjjjjshambel.pptxpppppppppppppppppppppppkjjjj
shambel.pptxpppppppppppppppppppppppkjjjjteddiyfentaw
 
Vskills purchasing and material management professional sample material
Vskills purchasing and material management professional sample materialVskills purchasing and material management professional sample material
Vskills purchasing and material management professional sample materialVskills
 
material management doc.pdf
material management doc.pdfmaterial management doc.pdf
material management doc.pdfssuser93d9481
 

Similar to Idea Briefing - Materials-Purchasing Matrix (20)

Supply Chain Foundations
Supply Chain FoundationsSupply Chain Foundations
Supply Chain Foundations
 
Presentation slide for material mgmt copy
Presentation slide for material mgmt   copyPresentation slide for material mgmt   copy
Presentation slide for material mgmt copy
 
Store mgmt
Store mgmtStore mgmt
Store mgmt
 
Store mgmt
Store mgmtStore mgmt
Store mgmt
 
8. Retail Logistics
8. Retail Logistics8. Retail Logistics
8. Retail Logistics
 
Material management
Material management Material management
Material management
 
Material Management in Hospital
Material Management in HospitalMaterial Management in Hospital
Material Management in Hospital
 
Logistics functions
Logistics functionsLogistics functions
Logistics functions
 
Inventory Management system at big bazaar
Inventory Management system at big bazaarInventory Management system at big bazaar
Inventory Management system at big bazaar
 
Ojt0423a
Ojt0423aOjt0423a
Ojt0423a
 
Supply chain management
Supply chain managementSupply chain management
Supply chain management
 
Strategic Management Of It At Wal Mart
Strategic Management Of It At Wal MartStrategic Management Of It At Wal Mart
Strategic Management Of It At Wal Mart
 
SAP WHITEPAPER: Reacting in the Retail Moment, Analyzing Big Data in Real Tim...
SAP WHITEPAPER: Reacting in the Retail Moment, Analyzing Big Data in Real Tim...SAP WHITEPAPER: Reacting in the Retail Moment, Analyzing Big Data in Real Tim...
SAP WHITEPAPER: Reacting in the Retail Moment, Analyzing Big Data in Real Tim...
 
supply chain knowldge management ppt
supply chain knowldge management pptsupply chain knowldge management ppt
supply chain knowldge management ppt
 
MATERIALS MANAGEMENT
MATERIALS MANAGEMENTMATERIALS MANAGEMENT
MATERIALS MANAGEMENT
 
Supply chain management
Supply chain managementSupply chain management
Supply chain management
 
shambel.pptxpppppppppppppppppppppppkjjjj
shambel.pptxpppppppppppppppppppppppkjjjjshambel.pptxpppppppppppppppppppppppkjjjj
shambel.pptxpppppppppppppppppppppppkjjjj
 
Vskills purchasing and material management professional sample material
Vskills purchasing and material management professional sample materialVskills purchasing and material management professional sample material
Vskills purchasing and material management professional sample material
 
material management doc.pdf
material management doc.pdfmaterial management doc.pdf
material management doc.pdf
 
Inventory management
Inventory managementInventory management
Inventory management
 

Idea Briefing - Materials-Purchasing Matrix

  • 1. Idea Briefing – MATERIALS-PURCHASING MATRIX (MPM) Knowledge is a process of piling up facts; wisdom lies in their simplification. - Martin H. Fischer Current business is in silos The Materials-Purchasing Matrix (MPM) provides a Supply Chain dashboard  PURCHASING: LINKING demand to Purchase Orders – allowing buying the right material, at the right time, & at the right quantity  SALES: a TARGETING SYSTEM for Sales to review demand changes with customers  MATERIALS: a REVIEW TOOL having the right amount ON HAND & preventing inventory from aging  FINANCE: a REVIEW TOOL for inventory value RESULTS Reduced inventory 45% for a key customer, while monitoring inventory level and inventory value with each change or new forecast THE MPM PROCESS MiCyn Consultancy cellular: (814) 341-0168 email: micyn2@gmail.com PURCHASING WHAT to buy MATERIALS HOW MUCH inventory FINANCE WHAT does the inventory cost