These slides demonstrate the alignment, adaptability and agility concepts of SCM and OM in business model framework - aligning the various functions of business organization, i.e. financial, operations, outsourcing, SCM, etc.
This document discusses collaborative planning, forecasting and replenishment (CPFR) opportunities and challenges in India. It begins by outlining problems with current supply chain models and the benefits of CPFR, such as improved demand forecasting and responsiveness. The document then provides an overview of the CPFR model and how it can counteract the "bullwhip effect". Several case studies of international companies implementing CPFR are described. Implementation of CPFR by Indian companies like Godrej and HP is also examined. The document concludes with the results of primary research on CPFR practices in Indian companies.
This document provides an overview of a Collaborative Planning, Forecasting and Replenishment (CPFR) chapter meeting. The agenda includes an introduction to Hain Celestial, a CPFR presentation, polling, and a Q&A session. The objectives are to learn when to use CPFR, how to set up an effective CPFR process, the expected benefits, how to integrate CPFR, and next steps. CPFR is a process where trading partners collaborate on demand planning and operations to improve forecast accuracy, inventory levels, and sales through increased information sharing.
The document discusses Procter & Gamble's (P&G) supplier evaluation and selection process. It describes P&G's strategic sourcing approach, key criteria for evaluating suppliers, and a supplier evaluation scorecard. It provides details on P&G's sourcing strategies for their Tide brand, including balancing competition and collaboration with suppliers and optimizing their expressive competition system to achieve various benefits. The document advocates for managing procurement through constantly re-evaluating procedures and sources to optimize organizational value.
CPFR (Collaborative Planning, Forecasting and Replenishment) is a business practice that combines the intelligence of multiple trading partners to improve supply chain efficiency and customer demand fulfillment through information sharing, joint forecasting, and coordinated logistics. The goal of CPFR is to transform supply chains from an ineffective "push" system to a demand-driven "pull" system, reducing costs for retailers and manufacturers while increasing sales, inventory levels, and customer service. CPFR provides templates and standards for collaboration between supply chain partners at various stages from planning and forecasting to execution and analysis.
1) C&S Wholesale Grocers uses a multiple tier forecasting approach to optimize and automate its rapid replenishment procurement. This involves enterprise-level collaboration with manufacturers, forecast-driven economic order quantities, and daily forecast realignment.
2) This approach helps solve challenges around product availability, operational costs, and forecast accuracy for rapid replenishment. It has led to improved vendor fill rates, reduced supply chain costs, and more stable inventories.
3) C&S aims to expand this approach to all rapid replenishment vendors and drive further supply chain improvements through forecast-driven processes.
This presentation will help you understand the supplier relationship management and supply chain relationships.
You may also see the interactive video lecture on this subject here: http://www.aims.education/study-online/supplier-relationship-management/
This chapter discusses sourcing decisions in supply chain management. It covers key topics like supplier scoring and assessment, selection methods like auctions and negotiations, designing contracts to improve performance and availability, and procurement processes. Effective sourcing can lower costs through scale, coordination, and flexibility. Contracts must balance incentives between buyers and suppliers to reduce distortion while improving profits. Sourcing analysis and supplier portfolio management can enhance strategic decision making.
A supply chain is the network of organizations involved in producing and delivering a product, from raw materials to the end customer. It includes upstream suppliers, internal production and packaging, and downstream distribution centers and retailers. Effective supply chain management coordinates activities across this network to optimize material, information and financial flows. Key goals are reducing costs and uncertainties while improving customer service. Modern supply chains leverage information technology to facilitate coordination and information sharing among partners.
This document discusses collaborative planning, forecasting and replenishment (CPFR) opportunities and challenges in India. It begins by outlining problems with current supply chain models and the benefits of CPFR, such as improved demand forecasting and responsiveness. The document then provides an overview of the CPFR model and how it can counteract the "bullwhip effect". Several case studies of international companies implementing CPFR are described. Implementation of CPFR by Indian companies like Godrej and HP is also examined. The document concludes with the results of primary research on CPFR practices in Indian companies.
This document provides an overview of a Collaborative Planning, Forecasting and Replenishment (CPFR) chapter meeting. The agenda includes an introduction to Hain Celestial, a CPFR presentation, polling, and a Q&A session. The objectives are to learn when to use CPFR, how to set up an effective CPFR process, the expected benefits, how to integrate CPFR, and next steps. CPFR is a process where trading partners collaborate on demand planning and operations to improve forecast accuracy, inventory levels, and sales through increased information sharing.
The document discusses Procter & Gamble's (P&G) supplier evaluation and selection process. It describes P&G's strategic sourcing approach, key criteria for evaluating suppliers, and a supplier evaluation scorecard. It provides details on P&G's sourcing strategies for their Tide brand, including balancing competition and collaboration with suppliers and optimizing their expressive competition system to achieve various benefits. The document advocates for managing procurement through constantly re-evaluating procedures and sources to optimize organizational value.
CPFR (Collaborative Planning, Forecasting and Replenishment) is a business practice that combines the intelligence of multiple trading partners to improve supply chain efficiency and customer demand fulfillment through information sharing, joint forecasting, and coordinated logistics. The goal of CPFR is to transform supply chains from an ineffective "push" system to a demand-driven "pull" system, reducing costs for retailers and manufacturers while increasing sales, inventory levels, and customer service. CPFR provides templates and standards for collaboration between supply chain partners at various stages from planning and forecasting to execution and analysis.
1) C&S Wholesale Grocers uses a multiple tier forecasting approach to optimize and automate its rapid replenishment procurement. This involves enterprise-level collaboration with manufacturers, forecast-driven economic order quantities, and daily forecast realignment.
2) This approach helps solve challenges around product availability, operational costs, and forecast accuracy for rapid replenishment. It has led to improved vendor fill rates, reduced supply chain costs, and more stable inventories.
3) C&S aims to expand this approach to all rapid replenishment vendors and drive further supply chain improvements through forecast-driven processes.
This presentation will help you understand the supplier relationship management and supply chain relationships.
You may also see the interactive video lecture on this subject here: http://www.aims.education/study-online/supplier-relationship-management/
This chapter discusses sourcing decisions in supply chain management. It covers key topics like supplier scoring and assessment, selection methods like auctions and negotiations, designing contracts to improve performance and availability, and procurement processes. Effective sourcing can lower costs through scale, coordination, and flexibility. Contracts must balance incentives between buyers and suppliers to reduce distortion while improving profits. Sourcing analysis and supplier portfolio management can enhance strategic decision making.
A supply chain is the network of organizations involved in producing and delivering a product, from raw materials to the end customer. It includes upstream suppliers, internal production and packaging, and downstream distribution centers and retailers. Effective supply chain management coordinates activities across this network to optimize material, information and financial flows. Key goals are reducing costs and uncertainties while improving customer service. Modern supply chains leverage information technology to facilitate coordination and information sharing among partners.
Collaborative Planning Forecasting Replenishment at WalmartDanish Ali Syed
How and What is Collaborative Planning Forecasting Replenishment (CPFR)? What are the benefits of CPFR to Walmart? How does Walmart achieves its Customer Service and Fulfills order in timely manner.
The document summarizes supplier performance measurement and optimization at ADMA-OPCO. Key performance measures include delivery, quality, responsiveness, and cost effectiveness. Suppliers are evaluated and categorized as A, B, or C based on their performance scores. Rewards and punishments are used to incentivize supplier performance and improve relationships. The current evaluation procedure is being updated to include bid price analysis and improve collaboration between procurement and vendor teams.
Coordination in Supply Chain ManagementKunal Chauhan
The document discusses coordination in supply chain management. It begins by defining supply chains and coordination, then discusses how a lack of coordination can lead to issues like the bullwhip effect where demand fluctuations increase as information moves up the supply chain. It also discusses obstacles to coordination like incentives and information processing. The document proposes managerial levers to improve coordination, such as aligning goals, improving information visibility, pricing strategies, and building strategic partnerships. It concludes by discussing achieving coordination in practice.
The document discusses effective supplier relationship management. It begins with an introduction and agenda. It then defines contract management and supplier management, explaining that supplier management covers all aspects of working with suppliers beyond specific contracts. It outlines key aspects of good supplier relationship management programs, including planning, resources, relationships, risk management, and payment. The document then provides case studies of supplier management programs at Fujitsu, Nokia, and Rexam and how they improved outcomes through segmentation, measurement, competition, and rewards. It stresses that successful programs require leadership, clear objectives, and communication.
This document outlines a supply chain strategy to align the supply chain to business needs through initiatives like demand management, strategic sourcing, supplier excellence, continuous improvement, and lean principles. The strategy aims to achieve world-class customer satisfaction, global cost leadership, optimized supply base, long-term productivity, and waste reduction through practices such as forecast integration, best-value sourcing, on-time delivery, defect elimination, cost reduction, supplier development, electronic commerce, and pull-based inventory systems. The goals are 7% annual improvement and 38% overall improvement.
The document discusses the value of supply strategy and strategic category management. It outlines how taking a strategic approach to category management can connect internal and external business intelligence to improve innovation, efficiency, and total cost of ownership. The document provides examples of how strategic category management processes, such as spend analysis, supplier segmentation, and cost modeling, can help organizations achieve cost savings of 5-15% through more favorable pricing, reduced price variability, lower logistics costs, and other efficiencies.
This document discusses Procter & Gamble's supply chain initiatives including the Control Tower Program, Consumer Driven Supply Network (CDSN), and Collaborative Planning Forecasting and Replenishment (CPFR). It provides details on how CPFR aims to reduce the "bullwhip effect" in the supply chain by facilitating collaboration and information sharing between P&G and its retail partners. The benefits of CPFR include improved forecast accuracy, inventory reductions, and increased sales.
This document outlines the strategic sourcing process which includes defining needs, researching the market, creating requests for proposals or information, selecting suppliers through a competitive bidding process, negotiating contracts, and ongoing management of supplier performance to ensure the agreed upon terms and key performance indicators are being met.
The document discusses strategic sourcing and ADMA-OPCO's plans to implement it. The goals of strategic sourcing are to increase customer satisfaction, improve internal service levels and product quality, and significantly reduce total costs through coordinated purchasing across the organization. ADMA-OPCO aims to leverage its buying power to obtain goods and services efficiently for end users. The document outlines the strategic sourcing process and opportunities for ADMA-OPCO to analyze spending, the supply base, develop a sourcing strategy, manage negotiations, award contracts, and implement the strategy.
Collaborative planning, forecasting and replinishment (cpfrMeghaPoojari1
SCM (Supply Chain Management) is an essential element of manufacturing and retail. CPFR is a business model, that allows the collaborative planning and forecasting which in turn aims at increasing sales and fulfilling consumer demand.
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?
This document discusses various approaches to measuring supply chain performance, including the Balanced Scorecard, SCOR model, Logistics Scoreboard, activity-based costing, and economic value added. It provides examples of performance measures that can be used across different areas of the supply chain, including customer service, processes, purchasing, manufacturing, logistics, administration, and marketing. Key frameworks like the Balanced Scorecard emphasize the importance of using a mix of financial and non-financial metrics to evaluate performance from multiple perspectives.
Managing Demand in Supply Chain: The Business Process Modeling ApproachSotiris Gayialis
Gayialis S.P., Ponis S.T., Panayiotou N.A., Tatsiopoulos I.P. (2015) Managing Demand in Supply Chain: The Business Process Modeling Approach, in Proceedings of the 4th International Symposium and 26th National Conference on Operational Research, June 4-6, 2015, Chania, ISBN: 978-618-80361-4-7, pp. 73-79.
The document discusses supplier relationship management (SRM). It defines SRM as working collaboratively with key suppliers to maximize value from the relationships. Effective SRM gives competitive advantages like reduced costs and improved service. It involves selecting the best suppliers, strengthening communication and integrating suppliers into the supply chain process. The document also outlines SRM strategies, opportunities, and activities like evaluating supply strategies, enabling supplier self-service, and monitoring relationships.
The document discusses key aspects of successful supply chain relationships such as trust, quality, commitment, and innovation. It provides examples of different types of relationships between Toyota, GM, Microsoft, and other companies and their suppliers. Effective relationships are characterized by collaboration, information sharing, and interdependence between partners. Outsourcing is increasing in manufacturing and services due to pressures to reduce costs and optimize operations in the supply chain.
Gaining Competitive Advantage through Supplier Collaboration and Supplier Rel...TraceGains
If you have any questions or comments, please send them to connect@tracegains.com. We look forward to hearing from you.
Race to win, rather than race to the bottom!
Continued consolidation of the food supply base will lead to more powerful and assertive customers in some markets. These customers are placing increasing demand on the entire supply chain for reduced cost and higher levels of value delivery. While many companies focus on price reduction as a solution they soon realize that there is only so much supplier margin and they soon become in effective in trying to meet the increasing demands of the customer and company management. They also realize that there is a significant cost and time involved in changing and developing new suppliers.
The solution to increasing demand for value is to get business alignment across the entire supply chain. This requires value-based relationships will require substantial changes in behavior by the buyer and seller. This webinar will detail the need to establish clear processes through which buyers and suppliers interface and collaborate. The focus is on building and developing a Supplier Relationship Management (SRM) focus for your business.
Things covered in the seminar:
-How can a company build a process that delivers cost and value improvement Year on Year
Understanding the Supplier Relationship Management Process
-Identifying which suppliers are good candidates for SRM
-How to drive collaboration with suppliers
QDI Strategies: Channel Strategy and Management Project ExampleMichael Barr
One of our clients believed that he needed to improve the performance of his distribution network. To do this, he asked QDI to help him develop a better understanding of how his products fit into his distributors’ businesses and to benchmark his performance versus their other suppliers. We provided a strategic perspective on our client’s business with recommendations that would improve the performance of his distributors.
This white paper discusses how companies can improve their inbound supply chain through increased visibility and optimized business processes. It identifies common gaps such as a lack of optimization and carrier selection based on supplier incentives rather than service. The paper recommends taking control of inbound transportation, mapping processes, gaining shipment visibility, consolidating loads, and proactively managing suppliers to identify issues. This can help reduce costs, improve service, and provide accurate cost allocation through greater supply chain performance and control.
This document discusses the growing importance of marketing channel strategy. It provides 5 reasons for this: 1) the search for sustainable competitive advantage, 2) the growing power of retailers, 3) the need to reduce distribution costs, 4) the increased role of technology, and 5) the new stress on growth. It then examines these reasons in more detail, focusing on the power of large retailers, the substantial percentage of costs often accounted for by distribution, and how technology can enhance marketing channels. Finally, it discusses concepts like supply chain management, strategic alliances, and the requirements for effective partnerships between companies and their marketing channel members.
Creating and Managing Supplier RelationshipsFaHaD .H. NooR
Companies require their suppliers to deliver innovative and quality products not only in just-in-time (JIT) fashion, but also at a competitive price.
Good supplier relations can provide many benefits such as flexibility in terms of delivery, better quality, better information, and better material flows between buyers and suppliers.
Selecting the right supply partners and successfully managing these relationships over time is thus strategically important; it is often stated that “a firm is only as good as its suppliers.”
This document covers key concepts in supply chain management including strategic fit, competitive priorities, and achieving alignment between customer demand and supply chain responsiveness. It discusses mapping customers' implied demand uncertainty and a supply chain's cost-responsiveness capabilities. Strategic fit is achieved by matching supply chain responsiveness to implied demand uncertainty. The document also addresses challenges to strategic fit, e-commerce strategies, and drivers of supply chain performance like inventory, transportation and facilities.
The document discusses lean supply chain management and its benefits for companies. It outlines key elements of a lean supply chain including procurement, manufacturing, logistics, demand management, and information technology. Implementing a lean supply chain can help companies reduce costs, become more responsive to customers, and improve overall profitability. Critical to success is understanding customer needs, having the right systems and expertise in place, and removing inconsistencies across the supply chain.
Collaborative Planning Forecasting Replenishment at WalmartDanish Ali Syed
How and What is Collaborative Planning Forecasting Replenishment (CPFR)? What are the benefits of CPFR to Walmart? How does Walmart achieves its Customer Service and Fulfills order in timely manner.
The document summarizes supplier performance measurement and optimization at ADMA-OPCO. Key performance measures include delivery, quality, responsiveness, and cost effectiveness. Suppliers are evaluated and categorized as A, B, or C based on their performance scores. Rewards and punishments are used to incentivize supplier performance and improve relationships. The current evaluation procedure is being updated to include bid price analysis and improve collaboration between procurement and vendor teams.
Coordination in Supply Chain ManagementKunal Chauhan
The document discusses coordination in supply chain management. It begins by defining supply chains and coordination, then discusses how a lack of coordination can lead to issues like the bullwhip effect where demand fluctuations increase as information moves up the supply chain. It also discusses obstacles to coordination like incentives and information processing. The document proposes managerial levers to improve coordination, such as aligning goals, improving information visibility, pricing strategies, and building strategic partnerships. It concludes by discussing achieving coordination in practice.
The document discusses effective supplier relationship management. It begins with an introduction and agenda. It then defines contract management and supplier management, explaining that supplier management covers all aspects of working with suppliers beyond specific contracts. It outlines key aspects of good supplier relationship management programs, including planning, resources, relationships, risk management, and payment. The document then provides case studies of supplier management programs at Fujitsu, Nokia, and Rexam and how they improved outcomes through segmentation, measurement, competition, and rewards. It stresses that successful programs require leadership, clear objectives, and communication.
This document outlines a supply chain strategy to align the supply chain to business needs through initiatives like demand management, strategic sourcing, supplier excellence, continuous improvement, and lean principles. The strategy aims to achieve world-class customer satisfaction, global cost leadership, optimized supply base, long-term productivity, and waste reduction through practices such as forecast integration, best-value sourcing, on-time delivery, defect elimination, cost reduction, supplier development, electronic commerce, and pull-based inventory systems. The goals are 7% annual improvement and 38% overall improvement.
The document discusses the value of supply strategy and strategic category management. It outlines how taking a strategic approach to category management can connect internal and external business intelligence to improve innovation, efficiency, and total cost of ownership. The document provides examples of how strategic category management processes, such as spend analysis, supplier segmentation, and cost modeling, can help organizations achieve cost savings of 5-15% through more favorable pricing, reduced price variability, lower logistics costs, and other efficiencies.
This document discusses Procter & Gamble's supply chain initiatives including the Control Tower Program, Consumer Driven Supply Network (CDSN), and Collaborative Planning Forecasting and Replenishment (CPFR). It provides details on how CPFR aims to reduce the "bullwhip effect" in the supply chain by facilitating collaboration and information sharing between P&G and its retail partners. The benefits of CPFR include improved forecast accuracy, inventory reductions, and increased sales.
This document outlines the strategic sourcing process which includes defining needs, researching the market, creating requests for proposals or information, selecting suppliers through a competitive bidding process, negotiating contracts, and ongoing management of supplier performance to ensure the agreed upon terms and key performance indicators are being met.
The document discusses strategic sourcing and ADMA-OPCO's plans to implement it. The goals of strategic sourcing are to increase customer satisfaction, improve internal service levels and product quality, and significantly reduce total costs through coordinated purchasing across the organization. ADMA-OPCO aims to leverage its buying power to obtain goods and services efficiently for end users. The document outlines the strategic sourcing process and opportunities for ADMA-OPCO to analyze spending, the supply base, develop a sourcing strategy, manage negotiations, award contracts, and implement the strategy.
Collaborative planning, forecasting and replinishment (cpfrMeghaPoojari1
SCM (Supply Chain Management) is an essential element of manufacturing and retail. CPFR is a business model, that allows the collaborative planning and forecasting which in turn aims at increasing sales and fulfilling consumer demand.
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?
This document discusses various approaches to measuring supply chain performance, including the Balanced Scorecard, SCOR model, Logistics Scoreboard, activity-based costing, and economic value added. It provides examples of performance measures that can be used across different areas of the supply chain, including customer service, processes, purchasing, manufacturing, logistics, administration, and marketing. Key frameworks like the Balanced Scorecard emphasize the importance of using a mix of financial and non-financial metrics to evaluate performance from multiple perspectives.
Managing Demand in Supply Chain: The Business Process Modeling ApproachSotiris Gayialis
Gayialis S.P., Ponis S.T., Panayiotou N.A., Tatsiopoulos I.P. (2015) Managing Demand in Supply Chain: The Business Process Modeling Approach, in Proceedings of the 4th International Symposium and 26th National Conference on Operational Research, June 4-6, 2015, Chania, ISBN: 978-618-80361-4-7, pp. 73-79.
The document discusses supplier relationship management (SRM). It defines SRM as working collaboratively with key suppliers to maximize value from the relationships. Effective SRM gives competitive advantages like reduced costs and improved service. It involves selecting the best suppliers, strengthening communication and integrating suppliers into the supply chain process. The document also outlines SRM strategies, opportunities, and activities like evaluating supply strategies, enabling supplier self-service, and monitoring relationships.
The document discusses key aspects of successful supply chain relationships such as trust, quality, commitment, and innovation. It provides examples of different types of relationships between Toyota, GM, Microsoft, and other companies and their suppliers. Effective relationships are characterized by collaboration, information sharing, and interdependence between partners. Outsourcing is increasing in manufacturing and services due to pressures to reduce costs and optimize operations in the supply chain.
Gaining Competitive Advantage through Supplier Collaboration and Supplier Rel...TraceGains
If you have any questions or comments, please send them to connect@tracegains.com. We look forward to hearing from you.
Race to win, rather than race to the bottom!
Continued consolidation of the food supply base will lead to more powerful and assertive customers in some markets. These customers are placing increasing demand on the entire supply chain for reduced cost and higher levels of value delivery. While many companies focus on price reduction as a solution they soon realize that there is only so much supplier margin and they soon become in effective in trying to meet the increasing demands of the customer and company management. They also realize that there is a significant cost and time involved in changing and developing new suppliers.
The solution to increasing demand for value is to get business alignment across the entire supply chain. This requires value-based relationships will require substantial changes in behavior by the buyer and seller. This webinar will detail the need to establish clear processes through which buyers and suppliers interface and collaborate. The focus is on building and developing a Supplier Relationship Management (SRM) focus for your business.
Things covered in the seminar:
-How can a company build a process that delivers cost and value improvement Year on Year
Understanding the Supplier Relationship Management Process
-Identifying which suppliers are good candidates for SRM
-How to drive collaboration with suppliers
QDI Strategies: Channel Strategy and Management Project ExampleMichael Barr
One of our clients believed that he needed to improve the performance of his distribution network. To do this, he asked QDI to help him develop a better understanding of how his products fit into his distributors’ businesses and to benchmark his performance versus their other suppliers. We provided a strategic perspective on our client’s business with recommendations that would improve the performance of his distributors.
This white paper discusses how companies can improve their inbound supply chain through increased visibility and optimized business processes. It identifies common gaps such as a lack of optimization and carrier selection based on supplier incentives rather than service. The paper recommends taking control of inbound transportation, mapping processes, gaining shipment visibility, consolidating loads, and proactively managing suppliers to identify issues. This can help reduce costs, improve service, and provide accurate cost allocation through greater supply chain performance and control.
This document discusses the growing importance of marketing channel strategy. It provides 5 reasons for this: 1) the search for sustainable competitive advantage, 2) the growing power of retailers, 3) the need to reduce distribution costs, 4) the increased role of technology, and 5) the new stress on growth. It then examines these reasons in more detail, focusing on the power of large retailers, the substantial percentage of costs often accounted for by distribution, and how technology can enhance marketing channels. Finally, it discusses concepts like supply chain management, strategic alliances, and the requirements for effective partnerships between companies and their marketing channel members.
Creating and Managing Supplier RelationshipsFaHaD .H. NooR
Companies require their suppliers to deliver innovative and quality products not only in just-in-time (JIT) fashion, but also at a competitive price.
Good supplier relations can provide many benefits such as flexibility in terms of delivery, better quality, better information, and better material flows between buyers and suppliers.
Selecting the right supply partners and successfully managing these relationships over time is thus strategically important; it is often stated that “a firm is only as good as its suppliers.”
This document covers key concepts in supply chain management including strategic fit, competitive priorities, and achieving alignment between customer demand and supply chain responsiveness. It discusses mapping customers' implied demand uncertainty and a supply chain's cost-responsiveness capabilities. Strategic fit is achieved by matching supply chain responsiveness to implied demand uncertainty. The document also addresses challenges to strategic fit, e-commerce strategies, and drivers of supply chain performance like inventory, transportation and facilities.
The document discusses lean supply chain management and its benefits for companies. It outlines key elements of a lean supply chain including procurement, manufacturing, logistics, demand management, and information technology. Implementing a lean supply chain can help companies reduce costs, become more responsive to customers, and improve overall profitability. Critical to success is understanding customer needs, having the right systems and expertise in place, and removing inconsistencies across the supply chain.
- Purchasing organizations must become both strategic and tactical by understanding customer needs, improving response times, having an educated workforce, and focusing on continuous supply chain improvements.
- To succeed in the 21st century, purchasing departments must forge supplier alliances, develop best-in-class global suppliers, and improve processes to support business goals.
- Purchasing is undergoing changes like department name changes to reflect an increased focus on strategic sourcing, global procurement, and supply chain management.
The document discusses innovation in supply chain management. It outlines principles of SCM, the need for innovation to address challenges like global competition and changing customer needs. It describes trends driving SCM innovation, including advanced technologies and emerging skills. The document also provides a detailed overview of the SCM innovation process, from idea generation to implementation and review. Key areas of SCM that can be innovated are products, services, competencies, and global strategies.
Ecr presentation ss chain - jeffrey - finalECR Community
The document discusses strategies for consumer products companies to improve supply chain performance. It recommends adopting a "game changing supply chain" approach that differentiates the supply chain based on customer and consumer behavior to drive top-line growth. This involves segmenting customers and designing tailored supply chain models. The benefits of aligning supply chains with customer segments include improved service levels, cost reductions, and increased sales.
This document discusses improving supply chain performance by linking it to the balanced scorecard. It outlines current supply chain measures and perspectives in the balanced scorecard. It then proposes linking the two by identifying performance measures that align the internal, financial, innovation/learning, and customer perspectives of the balanced scorecard with goals like unit cost reduction, time reduction, waste reduction, and flexible response in the supply chain. Aligning key performance indicators across these perspectives can help optimize supply chain performance.
The document discusses supply chain management. It defines supply chain management as strategically managing all activities involved in acquiring raw materials, converting them into finished goods, and delivering products to customers. It describes elements of effective supply chains like minimizing cycle times, demand forecast collaboration, and delaying product differentiation. It also provides examples of companies with efficient supply chains like Dell and Li & Fung that tightly coordinate activities across their virtual networks.
The document discusses different business-level strategies including cost leadership strategy, differentiation strategy, focused strategies, and integrated cost leadership/differentiation strategy. It explains that core competencies provide competitive advantage and strategies must exploit these to satisfy customer needs. Cost leadership is achieved through low cost production while differentiation provides unique value. The strategies can be used to address threats from competition and suppliers/buyers.
The document discusses supply chain management. It defines a supply chain as including suppliers, manufacturers, warehouses, distribution centers, and retail outlets that facilitate the flow of raw materials, work-in-progress inventory, and finished products. It also discusses the challenges of managing supply chains due to uncertainty, and techniques for improving demand forecasting and reducing variability through collaboration and information sharing.
1) The document discusses supply chain management strategies including defining supply chains, understanding industry models, and achieving supply chain excellence.
2) It provides 12 ground rules for effective supply chain management such as building in flexibility, optimizing information, and treating customers unequally based on needs.
3) Key aspects of supply chain management covered include inventory management, production planning, distribution, and techniques to reduce costs and waste.
The document discusses several key aspects of operations strategy:
1) It defines operations strategy as the intersection of performance objectives (e.g. quality, cost) and operations decisions areas (e.g. capacity, supply network).
2) It explains the three levels of operations strategy - fit, sustainability, and risk. Fit refers to aligning resources with market requirements. Sustainability is developing a competitive advantage. Risk considers the impact of uncertainty.
3) It provides an example of a polar diagram that illustrates the relative importance of different performance objectives for current and new products at a medical company. This helps analyze strategic fit and gaps.
Responsive supply chain: sensitive to customer requirementsHarender Singh
A responsive supply chain is one that is designed to be sensitive to customer requirements, market changes, and other external factors that can impact the demand for a product or service. This type of supply chain is designed to quickly adapt to changes in demand, which allows businesses to better meet the needs of their customers and stay competitive in their industry.
To create a responsive supply chain, businesses need to implement several key strategies. These include:
Building strong relationships with suppliers: A responsive supply chain relies on a network of reliable suppliers that can quickly adapt to changes in demand. Businesses need to build strong relationships with these suppliers to ensure that they can quickly deliver the materials and products needed to meet customer demand.
Using real-time data and analytics: To be responsive, businesses need to have real-time data on customer demand, inventory levels, and other key factors that impact the supply chain. Using analytics tools can help businesses identify patterns and trends that can inform decisions about inventory management, production planning, and other key areas.
Emphasizing flexibility and agility: A responsive supply chain needs to be flexible and agile to quickly adapt to changes in demand. This means having the ability to ramp up production when demand is high and scale back when demand is low.
Leveraging technology: Technology can play a key role in creating a responsive supply chain. For example, using automation and robotics can help businesses streamline production and reduce lead times, while cloud-based platforms can provide real-time visibility into the supply chain.
Overall, a responsive supply chain is critical for businesses that want to stay competitive in today's fast-paced and ever-changing marketplace. By implementing the right strategies and leveraging technology, businesses can create a supply chain that is sensitive to customer requirements and able to quickly adapt to changes in demand.
Customer Focused Supply Chain Embracing the Future of BusinessTQSLogistics
As the business landscape evolves, the words of Peter Drucker resonate louder than ever: "The purpose of any business is to create a customer." Recognizing this, businesses are redirecting their focus from suppliers to buyers, acknowledging the imperative need for a Customer Supply Chain or Outside-In supply chain model. This paradigm shift is becoming increasingly vital for success in the marketplace.
This document discusses various aspects of service, product, and business model innovation. It begins by highlighting the importance of solution-specific investments in innovation and how innovation in services relies more on investments in human capital and organizational changes than tangible assets. It then covers levels of service innovation from radical to incremental, elements of the service innovation process, and how innovation interrelates across business models, processes, and products/services. The document provides frameworks for new service development, product development, and business model innovation.
The document discusses supply chain management, defining it as the flow of materials, work-in-process inventory, and finished goods from suppliers to manufacturers to distributors and finally to customers. It notes the challenges of uncertainty in supply chains and techniques used to manage them, including forecasting, collaboration with partners, and reducing variability and lead times. Key benefits of effective supply chain management include improved delivery, lower inventory levels, and reduced costs.
Customer Focused Supply Chain_ Embracing the Future of Business..pdfTQSLogistics
As the business landscape evolves, the words of Peter Drucker resonate louder than ever: "The purpose of any business is to create a customer." Recognizing this, businesses are redirecting their focus from suppliers to buyers, acknowledging the imperative need for a Customer Focused Supply Chain or Outside-In supply chain model. This paradigm shift is becoming increasingly vital for success in the marketplace.
The document discusses supply chain network optimization and design. It notes that companies can significantly reduce supply chain costs and improve service levels through optimizing their network design using modeling approaches. The modeling incorporates end-to-end costs across purchasing, production, warehousing, inventory and transportation. Companies should periodically revisit their network design considering changes in factors like demand, supply sources, products, and fiscal policies to ensure their network remains optimized over time. Case studies demonstrate how modeling approaches can determine the optimal network configuration and facility locations to minimize total costs while meeting service level targets.
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CPQ - Configure, Price and Quoting ExcellenceBearingPoint
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Supply Chain Management and OM in business model cc tan (2015)
1. Use of Business Model
Concept in Designing
SCM, Logistics, and
Operations Management
RESEARCH BY DR. C.C. TAN
SCHOOL OF MANAGEMENT
MAE FAH LUANG UNIVERSITY
2. 2
Illustrate and explain supply chain management in business model structure and concept in the
dimensions of characteristics for sustainable competitive advantage, extended supply chain
architecture, operations strategy, inventory, operations structure, benefits structure that match
with operations strategy, outsourcing strategy, options to reduce risks, basis of competition, and
performance objectives. Demonstrate an example of alignment in supply chain management.
Extended SCM
Vision
Business
Strategy External analysisInternal analysis
CVP/VCProduction/Operations
Resources
Partnership
CRM
Market Distribution
Target Segment
Adapt
Alignment: coordination and collaboration, aligned with business strategy, customers’
needs, and power position (CVP/VC; brand-led, channel-led, supply-led)
Asset NetworksAgile: Flexible and Responsive
Cost Revenue Streams
Benefits to the organization
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3. 3
Vision
Business
Strategy External analysisInternal analysis
CVP/VCProduction/Operations
Resources
Partnership
CRM
Market Distribution
Target Segment
Adapt
Alignment: coordination and collaboration, aligned with business strategy, customers’
needs, and power position (CVP/VC; brand-led, channel-led, supply-led)
Asset NetworksLean and Agile: Flexible and Responsive
Cost Revenue Streams
Benefits to the organization
Change:
Change
Frequency of
change
Profitable GrowthCost efficiency
Organizational learning
Organizational learning
characteristics to SCM:
Control and improvement
(stability and systems behavior
comprehension orientation)
Collaboration (teams orientation)
Focus, target (goals orientation)
Systems (systems orientation)
Knowledge repertoire
(SCM Performance)COPYRIGHTED. PLEASE QUOTE C.C. TAN (2015) AND THE TITLE INFORMATION
ACCORDINGLY.
4. 4
CVP/VCProduction/Operations
Resources
Partnership
CRM
Market Distribution
Logistics systems
Target Segment
SCM Vision and Mission, and Strategies
SCM Performance Objectives:
Delivery: on-time delivery, fill
rate, lead time, I = TXR
(Little’s Law)
Quality
Flexibility
Time (Speed):Time to market,
time to volume, on time, time
to cash
Cost
Extended
supply chain
partners and
customers
Fill Rate
On-time
Lead time
Flexibility
Cash-to-cash cycle time = days
in inventory + days in accounts
receivable – days in accounts
payable.
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5. 5
SCM
Configuration:
Continuous Re-
adaptation, Re-
alignment, Re-
agility
Decisions made by
Competitors:
A change in your basis of
competition:
A new competitor has
emerged with a stronger
value proposition
Decisions made by you:
Decide to make a change in your scope of your
business:
Offer new products or services
Target new markets or expand geographically
Thus, you need to expand your manufacturing capacity
Add new distribution capabilities
Develop new channels
Find new suppliers
Rethink your supply chain strategy
You need to change the type of service you offer to
increase market share
You want to compete in a new market that requires
faster delivery, greater flexibility, or higher quality.
Internal Rivalry
Any major change to your company’s basis of
competition should drive re-examination of your
supply chain strategy and business model
configurations
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6. 6
Vision
Business
Strategy External analysisInternal analysis
CVP/VCProduction/Operations
Resources
Partnership
CRM
Market Distribution
Target Segment
Adapt
Alignment: coordination and collaboration, aligned with business strategy, customers’
needs, and power position (CVP/VC; brand-led, channel-led, supply-led)
Asset Networks
Agile: Lean, Flexible and Responsive
Cost Revenue Streams
Benefits to the organization
Change:
Change
Frequency of
change
Bargaining power
of suppliers Bargaining power
of Customers
Internal Rivalry
New entries threat
Substitutes threat
Operations
strategy
Marketing and
channels-mix
strategies
Mergers and acquisitions
DMAIC
Stay vigilant, keep continuous improvement
Asset networks (supply chain capabilities): System of activities make it difficult
to duplicate and thus improve competitive advantage.
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7. 7
CVP/VC
Production
Operations
Resources
Partnership
CRM
Market
Distribution Target Segment
An
example of
alignment:
Freshness
Quality
Premium products
Express mail
Arrive faster and
fresher (quality)
Press to order
Organic product
supply
Ethical product
supply
Traceability
Consistency, reliability
Corporate social responsibility
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8. 8
CVP/VC
Production
Operations
Resources
Partnership
CRM
Market
Distribution Target Segment
Inventory:
Raw
materials
WIP FG
Producer’s lead time
in refiling inventory
Customer’s variance
in demand
Logistics lead time in
shipping the products
to the customers
Supplier’s lead
time
Safety stock
needed to
handle variance
in lead time and
demand 𝜎 𝑑∙𝐿𝑇
Variation in
demand
WIP inventory is the most
controllable component of
inventory and is a function of the
company’s throughput time to
convert raw materials into
finished goods: I = TXR
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10. 10
CVP/VC
Production
Operations
Resources
Partnership
CRM
Market
Distribution Target Segment
Channel
Mix
Operations
Structure:
Accounts volume
Profitability
Lower account turnover
Retention
Build loyalty
Repeat sales
Three network
models:
Global
Regional
Country
Customer service
strategy – Value-
added service
Tailor offerings to
customers’ specific
needs
CRM
Product
Life Cycle
RBV
Better
understand
customers
Better
able to
segment
customers.
IT Systems – Order
capture, Order
fulfilment, and
invoicing must be
fast, consistent,
and trouble-free.
Real-time
monitoring
ABC / cost to serve
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11. 11
CVP/VC
Production
Operations
Resources
Partnership
CRM
Market
Distribution Target Segment
Operations
Structure:
Short fulfilment
time
Volatile market
demand
Long fulfilment
time
More complex
engineering market
Process standardization
Efficiency-based KPIs
Low-Price to attract Cost-sensitive buyers
Maintain share in a
community market.
New-revenue
generating services
Strong focus on
customers
Time to market
Time to volume
Customer-segment-
specific capabilities
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14. 14
CVP/VC
Production
Operations
Resources
Partnership
CRM
Market
Distribution Target Segment
Ramp up
or down
production
or service
quickly
Manage
inventory
levels
Outsourcing
Strategy:
Build new products Reposition
themselves
in the
marketplace
Market
expansion
Ensure the supply chain configuration supports
competitive lead times (time)
Outsourced partners already
master product or process
technological expertise
Scale: Provide services more
cheaply
Scope: outsourcing allows
geographic expansion
Outsourcedpartnership
strength:
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15. 15
CVP/VC
Production
Operations
Resources
Partnership
Target Segment
To outsource
or not:
Evaluation
dimensions
Your source of
differentiation
CRM
Market
Distribution
Your operating
scale
Your power
position:
Supply-led
Bargaining
power of
suppliers
Brand-led
Channel-led
Logistics efficiency:
packaging
innovation and
flexibility
Shelf’s space
Clout with retailers
Bargaining power
of customers
Uniqueness of your operations
Supports competitive
customer lead time
CVP/VC
Scale matters
Scale is relative:
Segment
Focus
Consolidate
Partner to
leverage
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17. 17
CVP/VC
Production
Operations
Resources
Partnership
CRM
Market
Distribution Target Segment
Basis of
Competition:
Innovation: Brand and unique technology
Cost: Cost-efficient operations leads to
lowest prices in the product category
Service: Superb service
Quality: safest, most reliable product
Time to market
Time to volume
Designed from
customer in
Tailored to
meet
customer-
specific needs
Supply chain excellence
and quality control
Traceability: Example:
Organic products, ethical
products principles
(deontology)
Bases of Competition
Intensity of Competition
Value-Curve (CVP)
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