You will learn :
1. Learn to Leverage Total Cost to Serve to Pinpoint Cost Reduction Opportunities
2. Understand how Effective Product Development Mechanisms can Yield Cost Reduction
3. Understand how the Balanced Scorecard Methodologies enhance Performance Management Strategies
The Procurement Function is a critical component of the modern Supply Chain Mechanism. Effective leadership of the Procurement Function requires many skills and talents which encompasses processes, metrics, technology, people, equipment, and policies to name a few.
You will learn:
1. How to align the Procurement Function to your Corporate Strategic Plan
2. The dynamics of Transformational Leadership
3. How to position and lead the Procurement Function for powerful results
4. The benefit of Collaborative Leadership
The Business Case for the Leverage of Strategic Procurement Thinking
1. Meet Organization Goals by Leveraging Expert Procurement Capabilities
2. Realize Enhanced Customer Experience
Supply Chains around the world are witnessing rapid transformation due to many factors including digitization and cybersecurity. Procurement Professionals as a whole seem to be behind the curve with these trends.
You will learn how the following with impact the Procurement Function:
1. Social Responsibility
2. Digitization
3. Supplier Relationship Management
4. Supply Risk Management
1. Understand the critical importance of operations models such as the SCOR Framework plays in Effective Supply Chain Leadership
2. Understand the importance of Supply Chain Maturity Models in leading high impact Procurement Operations
3. Explore the correlation between Supply Chain Operational Excellence, NLPA's Body of Knowledge and the must-have Skill Sets of Procurement Leaders of the Future
Top Procurement Challenges Facing Businesses Today and How to Manage ThemNext Level Purchasing
Want to understand the top four challenges for Procurement Professionals in 2020 and beyond.
Gain insights from experts Procurement Professionals can leverage in dealing with the biggest challenges they face.
Learn practical strategies Procurement Pros can leverage to attack Process, Risk & Sustainability, Logistical and Technology adoption challenges in 2020 and beyond.
Understand key reasons for failure in Procurement Projects with a continuum exercise to rate your risk of failure
How to include suppliers a vision of the future
How to create a comprehensive strategy
How to develop an action plan that won’t kill you or your suppliers
- Understanding Demand Management Basics
- Planning a Demand Management Process
- Execution of Demand Management
- Conducting a Performance Review of your Demand Management Process (and KPIs)
Select our content ready Vendor Management PowerPoint Presentation Slides for vendor evaluation and selection. Describe the various activities included in researching and sourcing vendors with the help of this seller evaluation presentation deck. Supplier evaluation process PowerPoint complete deck comprises of professional slides such as determine company requirements, search appropriate vendors, vendors classification, request for vendors proposal, selection of vendor operating model, the selection process for vendors, vendor selection timeline,30-60-90-day plan, vendors evaluation matrix, negotiations strategic planning, to name a few. Manage vendors and improve their impact on business using the supplier management process PPT visuals. Furthermore, our compressive presentation helps executives to present the vendor rating criteria, quality delivery service, and price. Demonstrate a step by step process of vendor selection and check out the supplier’s capabilities against your needs. Download vendor evaluation process presentation templates to unlock efficiency and drive more value from a vendor relationship. Clearly explain company guidelines with our Vendor Management Powerpoint Presentation Slides. It helps convey instructions. https://bit.ly/3BbGqqF
The Procurement Function is a critical component of the modern Supply Chain Mechanism. Effective leadership of the Procurement Function requires many skills and talents which encompasses processes, metrics, technology, people, equipment, and policies to name a few.
You will learn:
1. How to align the Procurement Function to your Corporate Strategic Plan
2. The dynamics of Transformational Leadership
3. How to position and lead the Procurement Function for powerful results
4. The benefit of Collaborative Leadership
The Business Case for the Leverage of Strategic Procurement Thinking
1. Meet Organization Goals by Leveraging Expert Procurement Capabilities
2. Realize Enhanced Customer Experience
Supply Chains around the world are witnessing rapid transformation due to many factors including digitization and cybersecurity. Procurement Professionals as a whole seem to be behind the curve with these trends.
You will learn how the following with impact the Procurement Function:
1. Social Responsibility
2. Digitization
3. Supplier Relationship Management
4. Supply Risk Management
1. Understand the critical importance of operations models such as the SCOR Framework plays in Effective Supply Chain Leadership
2. Understand the importance of Supply Chain Maturity Models in leading high impact Procurement Operations
3. Explore the correlation between Supply Chain Operational Excellence, NLPA's Body of Knowledge and the must-have Skill Sets of Procurement Leaders of the Future
Top Procurement Challenges Facing Businesses Today and How to Manage ThemNext Level Purchasing
Want to understand the top four challenges for Procurement Professionals in 2020 and beyond.
Gain insights from experts Procurement Professionals can leverage in dealing with the biggest challenges they face.
Learn practical strategies Procurement Pros can leverage to attack Process, Risk & Sustainability, Logistical and Technology adoption challenges in 2020 and beyond.
Understand key reasons for failure in Procurement Projects with a continuum exercise to rate your risk of failure
How to include suppliers a vision of the future
How to create a comprehensive strategy
How to develop an action plan that won’t kill you or your suppliers
- Understanding Demand Management Basics
- Planning a Demand Management Process
- Execution of Demand Management
- Conducting a Performance Review of your Demand Management Process (and KPIs)
Select our content ready Vendor Management PowerPoint Presentation Slides for vendor evaluation and selection. Describe the various activities included in researching and sourcing vendors with the help of this seller evaluation presentation deck. Supplier evaluation process PowerPoint complete deck comprises of professional slides such as determine company requirements, search appropriate vendors, vendors classification, request for vendors proposal, selection of vendor operating model, the selection process for vendors, vendor selection timeline,30-60-90-day plan, vendors evaluation matrix, negotiations strategic planning, to name a few. Manage vendors and improve their impact on business using the supplier management process PPT visuals. Furthermore, our compressive presentation helps executives to present the vendor rating criteria, quality delivery service, and price. Demonstrate a step by step process of vendor selection and check out the supplier’s capabilities against your needs. Download vendor evaluation process presentation templates to unlock efficiency and drive more value from a vendor relationship. Clearly explain company guidelines with our Vendor Management Powerpoint Presentation Slides. It helps convey instructions. https://bit.ly/3BbGqqF
Presenting this set of slides with name - Vendor Management Powerpoint Presentation Slides. Keep your audience glued to their seats with professionally designed PPT slides. This deck comprises of total of twenty eight slides. It has PPT templates with creative visuals and well researched content. . This content ready presentation deck is fully editable. Just click the DOWNLOAD button below. Change the colour, text and font size. You can also modify the content as per your need. The presentation is fully supported with Google Slides. It can be easily converted into JPG or PDF format. Get access to this well crafted complete deck presentation and leave your audience stunned.
This webinar is for you if:
1. Your company’s Supply Chain/Supplier Network has been disrupted by the Covid 19 Pandemic.
2. You are concerned about what’s going to be different in Souring, Procurement and Supply in the near term as the Pandemic plays out.
3. You are looking for specific actions that can be taken now in all scenarios; high demand, flat demand, food supply chain and greatly reduced demand scenarios.
4. Need to identify short-term actions to improve responsiveness to supply challenges and work to bring down costs at the same time.
5. Need to understand your customers’ shifting requirements, the changes coming in what they will value and demand going forward.
This lecture slide was prepared for my guest lecture session in Bina Nusantara University's undergraduate program of International Business Management. It discussed the role of procurement function in an organisation, and how the function has been continuously evolved to meet market expectation by engaging business partners, as well as intra-company stakeholders. It shares top tips of how buyer can create value-add to the business from the book “Value-Added Purchasing” written by Eberhard E. Schening, PhD. Enjoy this as a part of your learning journey!
Present a comprehensive report on your supplier’s delivery performance with our Vendor Evaluation PowerPoint Presentation Slides. With the help of these vendor management systems, PPT slides you can maintain your business and get hold of suppliers. Highlight the important features such as the capacity to deliver the order, consistency, commitment to quality, coordination with the supply chain, cost efficiency, compatibility between buyer and supplier, etc. using our supplier evaluation PowerPoint presentation. This vendor rating presentation deck is here to help you to report the performance of the supplier on the basis of product quality and its services. Most importantly, let the audience be aware of the vendor management process. Describe the various aspects like quality assurance, organizational structure, processes, performance and economic growth with the help of our supplier performance management PowerPoint complete deck. Use professional designs, charts, graphs, and sheets to prepare your report in minutes. Therefore, download this ready to use presentation slides and rank the performance of a supplier.
The world is changing – how about your Operations Strategy?
The world is changing rapidly – same goes for your customers and suppliers. You are required to constantly improve your operations. Is optimising your current operating model sufficient or do you need to rethink?
A great Operations Strategy is what makes the sum of all operational capabilities of your business a competitive advantage.
Does your Operations Strategy fit in relation to environmental changes or changes in future customer demand?
Strategic Vs Tactical Procurement Shifting Focus Towards Value CreationGregStoller
Applying tactical versus strategic sourcing has huge implications on budgets, resources, value delivery and many other factors; the attached offers some insight in deciding which to apply
Presenting this set of slides with name - Vendor Management Powerpoint Presentation Slides. Keep your audience glued to their seats with professionally designed PPT slides. This deck comprises of total of twenty eight slides. It has PPT templates with creative visuals and well researched content. . This content ready presentation deck is fully editable. Just click the DOWNLOAD button below. Change the colour, text and font size. You can also modify the content as per your need. The presentation is fully supported with Google Slides. It can be easily converted into JPG or PDF format. Get access to this well crafted complete deck presentation and leave your audience stunned.
This webinar is for you if:
1. Your company’s Supply Chain/Supplier Network has been disrupted by the Covid 19 Pandemic.
2. You are concerned about what’s going to be different in Souring, Procurement and Supply in the near term as the Pandemic plays out.
3. You are looking for specific actions that can be taken now in all scenarios; high demand, flat demand, food supply chain and greatly reduced demand scenarios.
4. Need to identify short-term actions to improve responsiveness to supply challenges and work to bring down costs at the same time.
5. Need to understand your customers’ shifting requirements, the changes coming in what they will value and demand going forward.
This lecture slide was prepared for my guest lecture session in Bina Nusantara University's undergraduate program of International Business Management. It discussed the role of procurement function in an organisation, and how the function has been continuously evolved to meet market expectation by engaging business partners, as well as intra-company stakeholders. It shares top tips of how buyer can create value-add to the business from the book “Value-Added Purchasing” written by Eberhard E. Schening, PhD. Enjoy this as a part of your learning journey!
Present a comprehensive report on your supplier’s delivery performance with our Vendor Evaluation PowerPoint Presentation Slides. With the help of these vendor management systems, PPT slides you can maintain your business and get hold of suppliers. Highlight the important features such as the capacity to deliver the order, consistency, commitment to quality, coordination with the supply chain, cost efficiency, compatibility between buyer and supplier, etc. using our supplier evaluation PowerPoint presentation. This vendor rating presentation deck is here to help you to report the performance of the supplier on the basis of product quality and its services. Most importantly, let the audience be aware of the vendor management process. Describe the various aspects like quality assurance, organizational structure, processes, performance and economic growth with the help of our supplier performance management PowerPoint complete deck. Use professional designs, charts, graphs, and sheets to prepare your report in minutes. Therefore, download this ready to use presentation slides and rank the performance of a supplier.
The world is changing – how about your Operations Strategy?
The world is changing rapidly – same goes for your customers and suppliers. You are required to constantly improve your operations. Is optimising your current operating model sufficient or do you need to rethink?
A great Operations Strategy is what makes the sum of all operational capabilities of your business a competitive advantage.
Does your Operations Strategy fit in relation to environmental changes or changes in future customer demand?
Strategic Vs Tactical Procurement Shifting Focus Towards Value CreationGregStoller
Applying tactical versus strategic sourcing has huge implications on budgets, resources, value delivery and many other factors; the attached offers some insight in deciding which to apply
Overview of Lean Manufacturing and Six Sigma tools, comaprison between Lean Speed and Six Sigma Quality combining Lean with Six Sigma
Overview of DMAIC and SIX SIGMA FORMULA
Join us as our panel of world-class experts dives into Chief Procurement Office (CPO) Trends, what's coming and how to be ready and adapting to the C-Suite Agenda in 2020 and beyond. We will dive into:
1. What’s trending in all industries for the Chief Procurement Officer and entire Supply Team for your company.
2. Understand the leading-edge opportunities and changes coming at your C-Suite, and how Sourcing and Procurement aligns.
3. Identify emerging trend benefits and returns possible for CPOs and their team in 2020 and beyond.
4. Take away practical tips and strategies from the masters on how to capitalize on trends impacting procurement professionals in every industry.
There is a major shift in the business operating requirements. This is caused by a critical shift in the mindset of the modern customer, who requires products and services produced in business cultures that are socially responsible.
Cost Reduction is often focused on the reduction of the Price we pay for the Mission Critical Inputs we are responsible for acquiring. On average, 60% of activities in organizations do not add value and are wasteful, with only 10% adding value to customers and stakeholders. The cost of doing business this way is staggering and erodes profitability.
1. Learn how to unmask Non-Value-Added Waste in your Supply Chain
2. Learn how to quantify the impact of Process Waste to expose Cost Reduction Opportunities
3. Learn to leverage Cost Reduction Mechanisms to reduce the Total Cost of Ownership realize savings far beyond the price you pay for your raw materials and inputs
4. Learn the benefit of Collaborating and Partnering with Key Supply Chain Stakeholders to realize impactful Cost Reduction
Read more: https://www.nextlevelpurchasing.com/news/purchasing-articles/total-cost-of-ownership
Procurement and Blockchain? Machine Learning? Virtual Reality? WebinarNext Level Purchasing
The scope of the Webinar?
You will learn: How Blockchain, Machine Learning, and Virtual Reality can enhance the Core Procurement Processes?
How Blockchain, Machine Learning, and Virtual Reality can enhance Collaboration and Competitive Advantage?
How Blockchain, Machine Learning, and Virtual Reality can reduce Supply Chain Risk Factors?
How to communicate the Business Case for Blockchain, Machine Learning, and Virtual Reality?
Understand how to Inventory Management and Control can improve your companies' Bottom Line
Read more: https://www.nextlevelpurchasing.com/procurement-training/courses/inventory-management-and-control
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
For more information, visit-www.vavaclasses.com
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Know the Best Cost Reduction & Performance Management Strategies
1. Best Cost Reduction and Performance Management Strategies
Webinar
David Millington, M.Sc.QSM, NPDP, CL6σBB, SPP℠, SPSM3®, CM®, DBA Student
Director of Education
2. Scope of Webinar?
You Learn:
Learn to Leverage Total Cost to Serve to Pinpoint Cost Reduction
Opportunities
Understand how Effective Product Development Mechanisms
can Yield Cost Reduction
Understand how the Balanced Scorecard Methodologies
enhance Performance Management Strategies
3. Value has three components:
There is a conversion or transformation of materials
and inputs from one stage to the next
All associated activities are done right the first time
Customers are willing to pay for the output or resulting
products and services
5. Rationalization: Making the case for Cost Reduction
• Supply Chain Type
Why?
Make to Stock?
Make to Order?
Engineer to Order?
• Product Types
Why?
• Customers Types
Why?
6. Designing a Total Cost to Serve Matrix
(unlocking Cost Reduction Opportunities)
Definition of Total Cost to Serve:
The identification of the cost of servicing customers at the product and customer levels
(Supply Executive Leadership Course, SPSM4)
Key objective of Total Cost to Serve:
for organizations to configure their systems to deliver the appropriate service levels
for their customers
to determine the degree of value customers and supply chains represent
7. Tool 18, Example: NLPAs Total Cost to Serve Matrix
Step
Process X's-(high
level)
Value
Add NVA-E Transport Motion
Over
Production
Over
Processing Waiting
Step
Totals
Labor
Rate
per hr.
Labor
Cost Inputs X's %
1 Receive Order 3.25 3.3 $16.50 $0.015 Listening 10%
2 Get into Position 3.9 3.9 8 $16.50 $0.04 Person 23%
3 Open Soup Pot 0.41 0.41 0.8 $16.50 $0.00 Soup Pot 2%
4 Pull Soup Cup 0.3 0.35 0.35 1.0 $16.50 $0.0046 Soup Cup 3%
5 Fill Soup Cup 3.9 1.22 1.22 3 9.3 $16.50 $0.0428 Soup Cup, 8oz Ladle 28%
6 Close Soup Pot 0.26 0.26 0.5 $16.50 $0.00 Soup Pot 2%
7 Pull Lid 0.3 0.27 0.27 0.8 $16.50 $0.00 Soup Pot 2%
8 Cover Soup 1.75 0.35 0.4 1 3.5 $16.50 $0.02 Lids, Lid Holder 10%
9 Label Cover 1.58 1.2 1.84 5 $16.50 $0.02 Marker 14%
10 Pull Bread 0.5 0.515 0.515 2 $16.50 $0.01 Bread 5%
11 Serve Customer 0.6 0.6 $16.50 $0.00 Hand 2%
END 6.8 4.8 9.1 9.2 0.0 4.0 0.0 33.8 $0.16
1 33.8 6.75 22 NVA-E 4.83
Soup Seconds 20.0% Seconds 65.8% Seconds 14% Seconds
Process Value Measurement and Analysis
Total Lead
Time
Value Add Work TotalProcess Waste
DesignforX
Source: NLPA Supply Executive Leadership Course, SPSM4, Competency 3
9. Key Considerations for Leveraging Total Cost to Serve:
Collecting the data on the Planned and Unplanned Categories can be challenging. The following are some
tips on how to overcome some of these obstacles:
1. Agree on the definition of the categories you are collecting data on (Operational Definitions)
2. Tool 12, Value Analysis for Product Assembly and Service Process, is a great framework for collecting data on
Unplanned Categories or the Hidden Factory
3. If preparing a Total Cost to Serve Analysis at the Customer Level as apposed to the Supply Chain Type,
you can:
a) Simplify the process by leveraging the 80/20 and 4/50 Rules
b) The 20% of Customers who drive 80% of your sales or the 4% of the Customers that drive 50% of your sales
10. Step
Process X's-(high
level)
Value
Add NVA-E Transport Motion
Over
Production
Over
Processing Waiting
Step
Totals
Labor
Rate
per hr.
Labor
Cost Inputs X's %
1 Receive Order 3.25 3.3 $16.50 $0.015 Listening 10%
2 Get into Position 3.9 3.9 8 $16.50 $0.04 Person 23%
3 Open Soup Pot 0.41 0.41 0.8 $16.50 $0.00 Soup Pot 2%
4 Pull Soup Cup 0.3 0.35 0.35 1.0 $16.50 $0.0046 Soup Cup 3%
5 Fill Soup Cup 3.9 1.22 1.22 3 9.3 $16.50 $0.0428 Soup Cup, 8oz Ladle 28%
6 Close Soup Pot 0.26 0.26 0.5 $16.50 $0.00 Soup Pot 2%
7 Pull Lid 0.3 0.27 0.27 0.8 $16.50 $0.00 Soup Pot 2%
8 Cover Soup 1.75 0.35 0.4 1 3.5 $16.50 $0.02 Lids, Lid Holder 10%
9 Label Cover 1.58 1.2 1.84 5 $16.50 $0.02 Marker 14%
10 Pull Bread 0.5 0.515 0.515 2 $16.50 $0.01 Bread 5%
11 Serve Customer 0.6 0.6 $16.50 $0.00 Hand 2%
END 6.8 4.8 9.1 9.2 0.0 4.0 0.0 33.8 $0.16
1 33.8 6.75 22 NVA-E 4.83
Soup Seconds 20.0% Seconds 65.8% Seconds 14% Seconds
Process Value Measurement and Analysis
Total Lead
Time
Value Add Work Total Process Waste
Tool 12, Value Analysis for Product Assembly and Service Process
Source: NLPA Supply Executive Leadership Course, SPSM4, Competency 2
11. Products: Making the case for Cost Reduction
• Quality Function Deployment (QFD)
• Design for X (DfX)
• Value Engineering
12. Design for X for Cost Reduction
Design for X includes:
Design for Ease of Use
Design for Ease of Repair, e.g. reduction in the number of operations
Design for Shipping
Design for Picking and Packing
Design for Ease of Manufacture and Assembly
Design for Reliability
Design for Ease of Sourcing
13. Quality Function Deployment (QFD) for Cost Reduction
Definition of QFD:
Quality Function Deployment (QFD) also known as House of Quality is:
1. A methodology to translate Prioritized Customer Requirements (the “What’s”) into
Prioritized Design, and Production Parameters (the “How’s”)
2. QFD aides in the organization and documentation of product and service design
thought processes to ensure no critical elements are left out.
3. Many top companies like GE and IBM use QFD
14. Tool 11, House of Quality Matrix
Source: NLPA Supply Executive Leadership Course, SPSM4, Competency 2
15. QFD Process:
Step 1, Gather Customer Requirements from VOC and plug into the QFD Matrix (What)
Step 2, Rate importance to the Customer (1=Low & 5=High) (What)
Step 3, Rate how well your company meets its customer requirements (What)
Step 4, Rate your competitors on how well they meet their customer requirements (What)
Step 5, List Design Criteria that will help meet your customer requirements (How)
Step 6, Rate how well the design criteria meets customer requirements (1= Low & 9=High) (How)
Step 7, Determine the correlation of design criteria to customer requirements (Correlation)
Step 8, Compare your company to competitors relative to design criteria
Step 9, Set Targets for Improvement (Potential Cost Reduction)
Step 10, Calculate the Absolute Importance for each Design Criteria (Potential Cost Reduction)
Note: VOC = Voice of the Customer. This can be captured by interviews, surveys, focus groups and so on.
Poor Product Designs = Excessive Procurement Expenditure
16. Product Portfolio Management for Cost Reduction
Definition of Product Portfolio Management:
Product Portfolio Management as defined by the PDMA (Product Development and
Management Association):
• A business process by which a business unit decides on the mix of active products, staffing, and dollar
budget allocated to each project currently being undertaken.
• A decision-making process where a business’ list of active products is continually reviewed and revised
• Scope limited to new product development projects.
• Products = goods + services.
Source of 1 & 2: Product Innovation Educators, https://productinnovationeducators.com
The core purpose of Product Portfolio Management is:
working on and launching the right products and services
effectively managing this process.
17. Strategic Fit
Product
Attractiveness
Market
Attractiveness
Leverages Core
Competencies
Reward vs Risk
Low Cost to
Develop
Intellectual
Property Potential
Decision
Product J 5 5 5 4 5 5 5 97 Proceed
Product D 4 5 5 5 4 5 5 94 Proceed
Product K 5 5 5 4 5 4 5 94 Proceed
Product A 5 5 4 5 5 5 4 94 Proceed
Product M 5 5 5 4 5 4 4 91 Proceed
Product I 5 4 3 5 5 5 4 89 Hold
Product F 5 4 4 4 5 4 4 86 Hold
Product N 5 4 4 3 4 5 5 86 Hold
Product G 4 5 3 5 3 5 5 86 Hold
Product C 4 5 5 4 4 4 3 83 Hold
Product B 2 3 4 2 5 5 5 74 Kill
Product L 3 4 4 3 2 5 5 74 Kill
Product H 2 2 3 3 2 5 5 63 Kill
Product E 3 3 2 3 4 1 2 51 Kill
Score Ranking Decision
90 to 100 A Proceed
80 to 89 B Hold
<80 F Kill
Strategic Buckets (Rating 1 = Low 5 = High)
New
Product Score
Tool 13, Product Portfolio Management Matrix
Source: NLPA Supply Executive Leadership Course, SPSM4, Competency 2
18. Process: Making the case for Cost Reduction
Value Stream Mapping for Cost Reduction
21. Capture Strategic Supply Chain Metrics (SCOR Model)
The Measure of the degree of overall health of organizational supply chain.
Another type of metrics is Diagnostic Metrics, which shed light on areas for improvement.
How does
Procurement
impact these
Metrics?
Attributes of Performance Level-1 Strategic Metric
Responsiveness (RS.1.1) Order Fulfillment Cycle Time
Reliability (RL.1.1) Perfect Order Fulfillment
(AG.1.1) Upside Supply Chain Flexibility
(AG.1.2) Upside Supply Chain Adaptability
(AG.1.3) Downside Supply Chain Adaptability
(AG.1.4) Overall Value At Risk
Cost (CO.1.001) Total Cost to Serve
(AM.1.1) Cash-to-Cash Cycle Time
(AM.1.2) Return on Supply Chain Fixed Assets
(AM.1.3) Return on Working Capital
Operational Definitions
The speed at which tasks are performed
The ability to perform tasks as required
The ability to respond to external influences
The cost of operating the process
Agility
Asset Management Efficiency
SCOR Level 1 Metrics
The ability to efficiently utilize assets.
25. NLPA PASS Program
for Cost Reduction
The PASS Program will give you a roadmap for greater success.
After each of your team members answers 63 multiple-choice questions online, you
will get three valuable reports:
A color-coded assessment report showing you your department’s and each of
your team members’ strengths and areas for improvement in 9 competencies
A benchmarking report to compare your department’s skill levels and savings
with industry statistics
A written performance improvement plan customized to your needs and
limitations.
Purchasing’s Assessment of Skills for Success (PASS) Program