The document discusses how supply chain analytics can help organizations optimize their supply chain operations. It describes how the changing role of consumers has impacted supply chains and the need for collaboration, visibility, and efficiency across the supply chain. It then provides examples of different types of supply chain analytics and insights organizations can gain in areas like executive dashboards, supply chain design, demand forecasting, pricing, inventory management, and more. It also provides a brief case study of how Team Computers implemented an analytics solution for Parle Products to track stock levels, sales, and shortfalls.
Teradata Demand Chain Management (DCM): Version 4Teradata
Teradata Demand Chain Management provide you with improved customer service levels, optimized inventory assortments and promotion management, fast ROI, and power and scalability. Learn more about what this newest version of DCM provides businesses. Includes screen shots and solution details. For more information, go to http://www.teradata.com/t/products-and-services/teradata-demand-chain/.
Teradata Demand Chain Management (DCM): Version 4Teradata
Teradata Demand Chain Management provide you with improved customer service levels, optimized inventory assortments and promotion management, fast ROI, and power and scalability. Learn more about what this newest version of DCM provides businesses. Includes screen shots and solution details. For more information, go to http://www.teradata.com/t/products-and-services/teradata-demand-chain/.
Introduction to Vendor Management Inventory Abu Talha
What is Supply Chain Management ? Integrating Management and information technology to flourish performance.
What Is Vendor Managed Inventory ?
1. Vendor Managed Inventory or VMI is a process where the vendor creates orders for their customers based on demand information that they receive from the customer. 2. VMI involves collaboration between suppliers and their customers which changes the traditional ordering process.
Schematic Diagram of VMI
WHY USE VMI ?
VMI removes the need for the customers to have significant safety stock. Lower inventories for the customer can lead to significant cost savings.
The customer can make profit from reduced purchasing costs. As the vendor receives data so the customer don’t need to produce purchasing costs ever.
Moreover, the need for purchase order corrections and reconciliation is removed which further reduces purchasing costs.
DUAL BENEFITS (both Supplier and Customer) 1. Less data errors and the overall speed of processing is increased. 2. Having aim to provide better service to the end consumer. 3. Purchase orders are generated on predefined basis. 4. Relation between suppliers and customers are getting strong enough.
Customer Benefits
1. A decrease in stockouts and a decrease in inventory levels. 2. Planning and ordering cost will be decreased. 3. Overall service level is elevated. 4. The customer is more focused in providing great service.
Suppliers Benefits
1. A reduction in customer ordering errors. 2. Promotions can be easily promoted to inventory plans. 3. Customers' point of sell data makes forecasting easier. 4. Philosophy to customer’s stock levels helps to identify priorities.
Comparison between VMI & RMI
Vendor Managed Inventory(VMI)
1. Vendor stocks the resources in suppliers premises. 2. Vendor is solely responsible for the stock availability. 3. VMI focuses on collaboration and share information between trading partners. 4. It is termed as a model of family business.
Retail Managed Inventory (RMI)
1. Supplier stocks the resources in buyer’s premises.2. Retailer is solely responsible for the stock availability. 3. RMI always focused on improving forecasting. 4. It is termed as business model of business.
Top 5 Benefits of Procurement & Supply Chain CollaborationAngela Carver
While procurement and supply chain management are closely related, they are not one in the same. Procurement is defined as the process of acquiring goods and services that your company needs to fulfill its business model. This entails a variety of other services such as contract negotiation, financing and more. Supply chain management is every activity involved in putting products in the hands of consumers. It includes a variety of supply chain operations such as manufacturers, wholesalers, transportation providers and more. While these two functional groups are intended to work in conjunction, many times the supply chain as a whole suffers from a lack of procurement-SCM collaboration. SupplyChain247.com recently published an article detailing the six functional procurement areas that can be improved by considering supply chain issues. These areas include: demand planning, inventory planning, leadtime optimization, product lifecycle management, footprint design and capacity planning. Working with supply chain managers to improve these areas can result in notable supply chain improvements. The top five benefits business realize when procurement and supply chain managers work together are supply chain risk reductions, improved customer satisfaction, cost reductions, improved flexibility and improved supplier relationships. The most advanced and efficient supply chain utilize technology in order to improve collaboration between these groups. The most frequently used technology is electronic data interchange (EDI), automated data collection (ADC) and warehouse management software (WMS). These three technologies can improve communication and available inventory data to make the procurement-SCM relationship operate seamlessly. Make the most of your functional teams by giving them all of the tools they need to work together to meet a common goal. To learn more about the importance of the procurement-supply chain management relationship and how to improve it contact Datex experts today at marketing@datexcorp.com or 800.933.2839 ext 243.
SBS recently conducted a survey to better understand the motivation behind the purchasing decision. Not surprisingly, respondents indicated that cost, lead time and quality were the 3 driving motivations. VMI capabilities ranked a distant 6th. But, VMI helps manage and reduce costs, lead times and quality issues. So shouldn't it be the driving force behind selecting a supplier?
Planning is an ongoing process that happens at different levels and different times dependent on resource availability and this is recognised by the 5 levels of Supply Chain Planning Horizon.
This is my presentation of Supply Chain Design for Master in Business Administration Class 2018-2019 Cavite State University
CTTO Coca-Cola for the presentation
https://youtu.be/Qo6AINGFoHM
Vendor Managed Inventory turbocharges your inventory management and order fulfillment.
Profit from more efficient ordering, reduced inventory and logistics processing costs, better replenishment and demand planning
Introduction to Vendor Management Inventory Abu Talha
What is Supply Chain Management ? Integrating Management and information technology to flourish performance.
What Is Vendor Managed Inventory ?
1. Vendor Managed Inventory or VMI is a process where the vendor creates orders for their customers based on demand information that they receive from the customer. 2. VMI involves collaboration between suppliers and their customers which changes the traditional ordering process.
Schematic Diagram of VMI
WHY USE VMI ?
VMI removes the need for the customers to have significant safety stock. Lower inventories for the customer can lead to significant cost savings.
The customer can make profit from reduced purchasing costs. As the vendor receives data so the customer don’t need to produce purchasing costs ever.
Moreover, the need for purchase order corrections and reconciliation is removed which further reduces purchasing costs.
DUAL BENEFITS (both Supplier and Customer) 1. Less data errors and the overall speed of processing is increased. 2. Having aim to provide better service to the end consumer. 3. Purchase orders are generated on predefined basis. 4. Relation between suppliers and customers are getting strong enough.
Customer Benefits
1. A decrease in stockouts and a decrease in inventory levels. 2. Planning and ordering cost will be decreased. 3. Overall service level is elevated. 4. The customer is more focused in providing great service.
Suppliers Benefits
1. A reduction in customer ordering errors. 2. Promotions can be easily promoted to inventory plans. 3. Customers' point of sell data makes forecasting easier. 4. Philosophy to customer’s stock levels helps to identify priorities.
Comparison between VMI & RMI
Vendor Managed Inventory(VMI)
1. Vendor stocks the resources in suppliers premises. 2. Vendor is solely responsible for the stock availability. 3. VMI focuses on collaboration and share information between trading partners. 4. It is termed as a model of family business.
Retail Managed Inventory (RMI)
1. Supplier stocks the resources in buyer’s premises.2. Retailer is solely responsible for the stock availability. 3. RMI always focused on improving forecasting. 4. It is termed as business model of business.
Top 5 Benefits of Procurement & Supply Chain CollaborationAngela Carver
While procurement and supply chain management are closely related, they are not one in the same. Procurement is defined as the process of acquiring goods and services that your company needs to fulfill its business model. This entails a variety of other services such as contract negotiation, financing and more. Supply chain management is every activity involved in putting products in the hands of consumers. It includes a variety of supply chain operations such as manufacturers, wholesalers, transportation providers and more. While these two functional groups are intended to work in conjunction, many times the supply chain as a whole suffers from a lack of procurement-SCM collaboration. SupplyChain247.com recently published an article detailing the six functional procurement areas that can be improved by considering supply chain issues. These areas include: demand planning, inventory planning, leadtime optimization, product lifecycle management, footprint design and capacity planning. Working with supply chain managers to improve these areas can result in notable supply chain improvements. The top five benefits business realize when procurement and supply chain managers work together are supply chain risk reductions, improved customer satisfaction, cost reductions, improved flexibility and improved supplier relationships. The most advanced and efficient supply chain utilize technology in order to improve collaboration between these groups. The most frequently used technology is electronic data interchange (EDI), automated data collection (ADC) and warehouse management software (WMS). These three technologies can improve communication and available inventory data to make the procurement-SCM relationship operate seamlessly. Make the most of your functional teams by giving them all of the tools they need to work together to meet a common goal. To learn more about the importance of the procurement-supply chain management relationship and how to improve it contact Datex experts today at marketing@datexcorp.com or 800.933.2839 ext 243.
SBS recently conducted a survey to better understand the motivation behind the purchasing decision. Not surprisingly, respondents indicated that cost, lead time and quality were the 3 driving motivations. VMI capabilities ranked a distant 6th. But, VMI helps manage and reduce costs, lead times and quality issues. So shouldn't it be the driving force behind selecting a supplier?
Planning is an ongoing process that happens at different levels and different times dependent on resource availability and this is recognised by the 5 levels of Supply Chain Planning Horizon.
This is my presentation of Supply Chain Design for Master in Business Administration Class 2018-2019 Cavite State University
CTTO Coca-Cola for the presentation
https://youtu.be/Qo6AINGFoHM
Vendor Managed Inventory turbocharges your inventory management and order fulfillment.
Profit from more efficient ordering, reduced inventory and logistics processing costs, better replenishment and demand planning
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KEY ELEMENTS OF SUPPLY CHAIN STRATEGY
A supply chain strategy involves many interlocking activities and decisions, large and small. According
to Michael Porter, strategy guru and author of Competitive Advantage, successful business strategy relies
on the concept of “fit”—that is, a group of activities that support a chosen competitive strategy.
Although any single activity can be copied, the activities taken together form a system that is virtually
impossible to duplicate.9
Porter’s concept of fitness holds equally true for supply chain strategy. Five elements of your
business—and the choices you make regarding these elements—are fundamental:
Customer service. What are your objectives in terms of delivery speed, accuracy, and
flexibility?
Sales channels. How will your customers order and receive your goods and services?
Value system. Which supply chain activities will be performed by your organization and which
by your partners?
Operating model. How will you organize the planning, ordering, production, and delivery
processes to provide customer service while still meeting your working capital and cost
objectives?
Asset footprint. Where will you locate your supply chain resources, and what is their scope of
action?
Companies often make decisions about each of these elements in isolation, without considering the
others. It’s possible, for example, to develop a manufacturing footprint that reduces costs, only to fall
short of required customer-service levels. To get the full strategic benefit a supply chain can offer,
however, it’s critical to treat each element as part of an integrated whole (Figure 1.2).
Figure 1.2 Elements of Supply Chain Strategy
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CUSTOMER SERVICE
The first step in developing a supply chain strategy is to define customer service objectives. Offering
various levels of delivery speed, accuracy, and flexibility for different types of customers can help
distinguish the overall customer experience. Should, for example, deliveries reach all customers in the
same amount of time, or should customers who are more valuable receive deliveries faster? Should the
ordering process be the same for all customers? Answers to questions like these will be dictated by your
company’s business strategy and target audience—that is, whether you are addressing B2C or B2B
segments.
Business to Consumer
In the B2C world, off-the-shelf product availability is often the key service criterion. Customers are
willing to wait for hot products from a leading brand—but only up to a point. Retailer Nordstrom
introd.
Introduction to Sales Management – The Sales Organization
– Determining Sales Related Marketing Policies – Sales
Functions and Policies – International Sales Management
– Personal Selling.
Sales Planning – Sales Budgets – Estimating Market
Potential and Forecasting Sales – Sales Quotes – Sales &
Cost Analysis, Sales Force Management: Hiring and Training Sales
Personnel – Time and Territory Management –Compensating Sales Personnel – Motivating the Sales Force
– Leading the Sales Force – Evaluating Sales Force
Performance.
Marketing Logistics - Distribution as Marketing Mix
Element – Distribution Resource Planning – Marketing
Channel Integration – Channel Management – Nature of
Marketing Channels – Evaluating Channel Performance-
Specialized Techniques in selling – Tele Marketing – Web
Marketing
Distribution Cost Analysis: Managing Channel Conflicts –
Channel Information Systems – Wholesaling – Retailing –
Ethical And Social Issues in Sales and Distribution
Management.
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Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
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Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
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3. 3 . Team Computers
Supply Chain Analytics
The supply chain has changed. Supplier
success criteria is no longer solely focused
on what happens at the production plants
or distribution centre, but rather at the
point of purchase.
This shift reflects the changing role of
the consumer, a consumer empowered
by technology with more choice and
information As a result, they have become
less brand loyal, have become less brand
loyal, have less discretionary spend and
expect customization at mass production
prices They are the originators of the
demand signal.
To serve this ‘connected customer,
retailers are now tasked with providing a
seamless omni-channel experience with
real time visibility, always ensuring that
they have the right product, at the right
place at the right time.
Organizations need to get the priorities
right across the supply chain by focusing
on:
Collaboration
Internal and external collaboration with
customers and suppliers is imperative to
both identify and efficiently fulfill demand.
Visibility
Need to be best-in-class to thrive
in today’s challenging environment.
Effective measurement of supply chain
performance across the value chain is
critical to achieve this.
Efficiency
Continued drive to reduce supply
chain costs to maximize profit and
competitiveness – managing volatility
and complexity.
4. 4 . Team Computers
Executive Insights Supply Chain Strategy
Deliver analysis and balanced scorecards
giving real time visibility of end-to-
end supply chain performance tied to
enterprise strategy.
With Analytics for supply chain, you may
perform:
• Executive Dashboard
• Supply Chain Balanced Scorecard
• Safety & Regulatory Compliance
analysis
• Category/SKU Rationalization analysis
• Product Lifecycle Management Analysis
Ensure supply chain network has right
number and profile of facilities to operate
efficiently and enable modeling and
analysis for alternative strategy options –
‘what if’ analysis.
With analytics for supply chain, you may
perform:
• Supply Chain and Network Design
• Omni-channel and Multi-tiered Analysis
• Outsourcing and Partnership Analysis
• Category/ Item/Seasonality Strategy
• Supply Chain Sustainability
Forecasting & Planning Merchandising & Buying
Better manage cash and working capital,
incorporate demand signals into forecasts
to ensure product availability and reduce
cost of goods carried. Drive collaborative
processes and manage short term
demand volatility.
With analytics for supply chain, you may
perform:
• Demand sensing and demand planning
• Financial Planning Analysis
• Private Label vs. Branded Goods
Analysis
• Collaborative Planning, Forecasting and
Replenishment (CPFR) Analysis
Achieve gross margin targets by
category and vendor, optimize sourcing
management – gain economies of
scale across procurement portfolio and
accurately evaluate vendor performance
against terms, targets and SLAs.
With analytics for supply chain, you may
perform:
• Sourcing and Vendor Analysis
• Procurement Analysis
• Category Management – Brand &
Market
• Buyer/Supplier Productivity Analysis
• Contract Compliance and Management
5. 5 . Team Computers
Pricing Warehousing and
DistributionAlign initial pricing by channel, market/
geo, customer segment and category
to capture customer demands. Manage
initial pricing and markdowns to maximize
gross margin achievement.
With analytics for supply chain, you may
perform:
• Price and Revenue Management
Analysis
• Gross Margin Analysis
• Initial Retail Markup & Markdown
Analysis
• Market and Channel Pricing/
Analysis/’What-if’
• Competitive Pricing Analysis
Optimize space utilization within facilities,
increase productivity associated with
accurate receiving, picking and shipping,
labour utilization, cost – quality and
throughput velocity.
With analytics for supply chain, you may
perform:
• Warehouse and distribution centre
operations
• Picking accuracy and fill rate analysis
• Throughput analysis and tracking
• Order Management & fulfillment
analysis
• Wholesale distributor Analysis
Transport and Logistics Inventory Management
Evaluate and manage transportation
profiles, outsourced partnerships & delivery
types to reduce total delivered costs
across networks, measure conformance
to lead times & quality to ensure support
for service. Provide alerts at store level &
advanced shipping notifications to avoid out
of stock inventory levels.
With analytics for supply chain, you may
perform:
• Inbound & outbound transport analysis
• 3PL, Carrier & delivery performance
analysis
• Advanced shipping notifications (ASN) alerts
• On Time Delivery/Receiving Analysis/
Tracking
• Equipment, fuel & total landed cost analysis
Improve efficiency of asset management,
align product offerings by business unit
and market to customer demand and
synchronize allocation and replenishment
strategies to support in-stock needs (i.e.
avoid out of stocks)
With analytics for supply chain, you may
perform:
• In-season Inventory Performance Analysis
• Market Specific Product Analysis
• End-of-Life disposition Planning
• Reverse Logistics Analysis
• Repair and Replacement Analysis
6. 6 . Team Computers
Parle gets full visibilityof its supply chain, sales
and stocks with Team Computers
Pain Areas
Solution
The task in hand was to implement an analytics solution to keep
track of stock levels, sales and shortfalls
• Ensuring order fulfillment
• High costs and lack of visibility of
inventory levels across the supply chain
• Rapidly sensing and responding to
changes in the consumer demand
• Extensive manual-work in preparing the
sales MIS reports
• An application developed in less
than two weeks, to monitor stocks and
manage inventory
• Instant and easy access to sales MIS to
end users with QlikView
• An association of 10+ years with Parle
through their BI journey
• Ability to interact with SAP data, as
Qlik integrates well with SAP, in
real-time along with visualization of
information in a wide variety of charts,
graphs and tables
7. 7 . Team Computers
“Every time we needed technical guidance, we got experts from
Team Computers,who are very well conversant with QlikView. They
always simplify things and haveanswers to our problems. The
satisfaction level we get from the Team personnel,is hard to get
from other IT solution providers.”
- Sanjay Joshi, Senior Manager - IT, Parle Products
8. 8 . Team Computers
Analytics on the Go!
At Team Computers, we are helping enterprises to unlock the true potential of
analytics using mobility. Apart from accessing analytics on mobile devices, our
mobility practice can enable the following for supply chain on the go:
Team offers complete mobility offering starting from consultancy to
create business mobility plan, choosing right devices, creating customer
apps, managing devices, training, BYOB, etc.
• Immediate Notification of drivers arrival
• Thus, ensuring right products are always
on shelf
• Delivery guys can see entire day’s
schedule and mark on devices
• Pull out pricing, display, agreements,
contracts etc on the go
• Sending and receiving schedule and
notifications in real time
• Take orders in real time
• Ability to track each item’s availability with
exact delivery time
• Complete inventory visibility on the go
• Employees take pride in their work and
company
• Help them to do great service to
customer
Delivery Scheduling
ProductivityOrder
9. Why Team Computers
Customers Contact Us:
Team Computers is a 29 year old IT consulting and system integration company.
We have created our niche in Business Analytics, Business Applications, Google
Solutions, IT Infrastructure Solutions and Managed Services, headquartered in Delhi.
Sanjay Madan
smadan@teamcomputers.com
+91 97116 37898
Team Computers Pvt. Ltd.
A Square Building, Plot No. 278
Phase 2, Udyog Vihar
Gurgaon - 122002
India
1800+
Satisfied
Customers
700+ Apps
250+
Supported
Locations
400+
Projects
Certified
Project
Management
Professionals
150+
Consultants
Certified
Change
Management
Professionals
24/7
Email and
Phone Support
10. HEAD OFFICE
No.1, Mohammadpur
New Delhi - 110066
India
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