The Concept Organizations have hampered by poorly designed item masters. Supply Chain/Operation optimization promised by big ERP not realized Operations have by passed business systems due poor design. Off line spreadsheets managing business analytics.

1. Stephen Ross
Principal
Albemarle Supply Chain
albermarlesc@outlook.com
Item Master –
The foundation for Operations/Supply Chain Optimization

2. • The Concept
▫ Organizations have hampered by poorly designed item masters.
 Supply Chain/Operation optimization promised by big ERP not realized
 Operations have by passed business systems due poor design.
 Off line spreadsheets managing business analytics.
Executive Summary

3. • Sourcing
• Inventory management
• Services
Supply chain/ operations Optimization

4. • Poorly designed Item Masters hamper sourcing in providing complete
bid packages.
• Procurement becomes highly inefficient in processing open requisitions.
• Poorly designed Item Masters results in non catalogued orders that
have a direct impact on controlling costs.
Sourcing

5. • Materials not being managed strategically due to poor categorization.
• The patchwork method of managing materials is passed on to
procurement in the form of open requisitions.
• This results is too many manual purchase orders and too many vendors
to manage.
• Logistics costs are increased due to the poor categorization
Materials Management

6. • Services largely ignored in item master strategies.
• Repeatable services are treated as one offs since they are undefined in
the Item Master.
• The result is open end service contracts exceeding budgets with no
clearly defined deliverables.
Services

7. • Design your Item master to facilitate advanced supply chain.
• Strategically manage your inventory based on categorization. Focus on
the core materials groups where supply chain professionals add value.
• Use item Master categorization to facilitate automatic replenishment.
• Stabilize lead times for virtual inventories.
Advanced supply chain

8. • Manage your business within the big ERP system you have $10M’s
invested in.
• Develop reports with your business systems data warehouse based on
solid item master fundamentals
• Develop high level dash boards.
Business Analytics

9. • Complete baseline review of current item master.
• Evaluating the current item master creation process.
• Identifying the symptoms of a poor item master, too many open requisitions , slow moving inventory.
• The creation of a Strategic item master roadmap and business plan based on the assessment that
incorporates process design, people and technology.
• The execution of the strategic plan by engaging and influencing stakeholders through workshops one
on one coaching in the development and implementation that will drive business results.
• Supporting the execution through change management, mentoring, process, training, staffing, KPI's
and senior leadership support.
The Methodology

10. • A successful and progressive career in providing a global and national supply chain
vision and direction to diverse industries from aerospace to pharmaceutical that has
been struggling with lack of processes, standards and technologies.
• A rare breadth and depth of supply chain expertise from global end to end Supply
chain strategies, supply chain transformation, continuous improvement. I have a
proven track record of success with all aspects of supply chain regardless of the
initial process maturity levels of the organizations and geographical locations.
• Leadership positions with top manufacturing firms GE, Honeywell, Barrick Gold.
• Six sigma black belt, Certified In production and inventory control.
The Expertise