Supply Chain Management. End-to-End Demand Planning

Size: px
Start display at page:

Download "Supply Chain Management. End-to-End Demand Planning"

Transcription

1 Supply Chain Management End-to-End Demand Planning

2 Savage Arms Largest long gun manufacturer with centerfire operations in Westfield MA and rimfire in Lakefield Ontario. Importing shotguns from Turkey and China. Savage Range Systems is also based in Westfield and Bowtech Archery in Eugene Oregon. Steady growth over the past 10 years shipping 85,000 centerfires in 2001 to over 257,000+ in Total shipments out of Westfield in ,000+ guns forecast is for over 380,000 centerfires, 600,000+ total. Centerfire: ,000, ,000, ,000 Hired over 100 new employees last year, currently in the process of hiring and training 50 more. 700 employees in all location. Sales this year will be about $200M.

3 End to End Demand Planning End to End looking at the supply chain from the consumer all the way back to the raw material supplier. Demand Planning manufacturing only the products that the consumer is buying and replenishing material in the shop only as it is being consumed.

4 It starts.. When a consumer takes a gun off the rack at his local gun shop or big box store and decides to take it home That sends signal through a distributors POS system or the big boxes inventory system (demand) to replenish the gun that was just purchased. For a distributor on Vendor Managed Inventory (VMI) that sends a signal to the factory to replenish, for a big box on Direct Ship an EDI order is sent to the factory to replenish At the factories Order Fulfillment Center guns are pulled out of stock or are scheduled to be assembled based on an Electronic Kanban that is sent to the assembly area As components are consumed in assembly, purchased parts are replenished based on Kanban signals sent out to the suppliers (Supplier Kanbans), manufactured parts are Pulled through the shop using both Kanbans and 2 Bin systems When raw material is consumed (steel) a Supplier Kanban is sent to the steel distributor Who in turn contacts the steel mill and tells them to Pour More Steel!

5 End to End Demand Planning Point of Sale (POS) Vendor Managed Inventory (VMI) Direct Ship (DS) Order Optimization Electronic Kanbans Supplier Kanbans Shop Kanbans and 2 Bin Systems

6 Demand Planning Process Sales and Operations Planning Monthly review of a rolling 12 month forecast MRP is used to consolidate both forecast and sold demand Access planning databases have been developed to take the output of MRP and monthly, using 90 days of demand, calculate the number of Kanbans required The actual execution is based on a signal to replenish

7 Point of Sale Point of Sale (POS) systems used by some of our distributors at Gun Shops send a signal to them as soon as a gun is purchased. Based on the arrangement with the individual Gun Shop, some are automatically replenished by the distributor and some require an order to be placed. In a big box like Wal Mart or Cabela s they have it set up in their inventory control systems to place an EDI order with us as soon as the sku hits a re order point.

8 Vendor Managed Inventory Established program 6 years ago with 8 of our largest distributors. Program is based on last 12 months of history, seasonality and projected sales growth. Daily, distributors sent in their on hand and on order balances. Every Monday, based on predetermined re order points and established lead times, orders are entered into the system. Daily, on hand balances are review for Stockouts. If a distributor is out of stock on an item, has an open order for it, and we have it in stock, it ships that day. Distributors credit the program for both increased sales and inventory turns.

9 Direct Ship to Stores In July 2007 Wal Mart closed their firearms distribution center and require suppliers to ship directly to their 1,700 stores that sold firearms. In order to do this Savage had to invest in and implement: EDI interfaces to our ERP Sales Order System Automated Sales Order Processing and Authorization Integrate /automate the shipping, invoicing, labeling and UPS process. Optimize the pick, pack and ship process. Nightly, Wal Mart EDI s Savage 200 to 500 orders. All orders are shipped within 24 hours. In FY 2008 Savage shipped 41,865 guns on 21,640 orders. We are now offering this service to other Big Box stores and in 2011 shipped over 92,000 small package UPS orders.

10 Order Optimization As the volume of product needing to be shipped increased, a new process/software functionality was required. The old process was manually intensive to select orders to process with no guidance on how to pick the order. Savage wrote a specification for functionally that: Sorted orders based on a number of different criteria Allowed soft allocation of product to a sales order Provided an optimized order pick route The new process for selecting orders can now be done in minutes vs. hours. Greatly reduced the time to pick the order.

11 Electronic Kanbans Program developed by Savage that: Uses the 90 day forecast to determine Kanban levels for both WIP and Finished Goods. Incorporates Sold Demand to account for when demand is greater that forecast. Monthly Kanbans are re calculated based on a 90 day forecast. Daily As guns are pulled to satisfy sales orders, the electronic Kanban database program uses; sold demand, onhand balances and the forecast to determine which Kanbans to release to assembly.

12 Supplier Kanbans Working with our suppliers we establish lead times, lot sizes and safety stock requirements. Based on the 90 day forecast Kanban levels are established and reviewed monthly. Cards are added or removed based on the calculations. As material is consumed in the factory the Kanban cards are sent to purchasing. Based on an agreed to schedule with the supplier, orders are placed ( releases) to replenish the material consumed. Currently 50 suppliers and over 500 items are on the Kanban replenishment program and include; components, MRO and packaging material.

13 Manufacturing Kanbans and 2 Bin Systems Once again Kanbans are established monthly based on the 90 day look ahead. As components are used in assembly Kanbans or Pull Signals are used to signal other areas of the shop what to manufacturer. As raw material is consumed, supplier Kanbans signal the need to replenish. When it get s back to the steel distributor they signal the mill to Pour More Steel

14 Benefits of End to End Demand Planning Never would have been able to meet the demand if it wasn t for demand planning. The monthly S&OP process and the recalculating of Kanbans allowed us to give our suppliers and the shop the visibility to plan for the increased demand. There has been no increase in the material planning staff while going from 300 sku s to over 500 and an increase in units of 85,000 a year to over 250,000 a year. There has been no increase in the purchasing staff during this same ramp up. Initially the supplier replenishment program resulted in inventory reductions and one time real savings of over $1M. Distributors have seen sales growth of up to 20% a year (even more in the last 3 years) and credit the VMI program with at least half of that growth because of the increased fill rates. Distributors have seen their inventory turns double making the Savage product very profitable for them to carry. Direct ship was a requirement from one retailer; Savage has now turned it around to be a competitive advantage in trying to increase sales at other retailers by offering the Direct to Store service.

15 Questions? SUPPLY NETWORK MASTERY AWARD

VENDOR MANAGED INVENTORY (VMI)

VENDOR MANAGED INVENTORY (VMI) Traditional model of inventory management VENDOR MANAGED INVENTORY (VMI) customer submits an order to supplier inefficient? supplier does not receive information about the customer's needs in advance;

More information

Improving Profitability by Harnessing Lean AND MAPICS XA. Manufacturing Consultant

Improving Profitability by Harnessing Lean AND MAPICS XA. Manufacturing Consultant Improving Profitability by Harnessing Lean AND MAPICS XA Eric Wagner Manufacturing Consultant Agility, Inc. ewagner@agility-inc.com Mike Taylor President CISTECH, Inc. mike.taylor@cistech.net 1 Where are

More information

Implementing VMI to Reduce Direct and Indirect Cost

Implementing VMI to Reduce Direct and Indirect Cost Implementing VMI to Reduce Direct and Indirect Cost James M. Truog, Manager Strategic Purchasing Wacker Corp. 262-250-3518; james.truog@am.wackergroup.com 89 th Annual International Supply Management Conference,

More information

Pull Systems: Overview, Challenges and Success Factors

Pull Systems: Overview, Challenges and Success Factors Pull Systems: Overview, Challenges and Success Factors Mike Osterling 619-572-3632 mike@mosterling.com 1 Session Objectives Cover the most common types of pull systems See some examples of application

More information

Manufacturing Functionlity in Microsoft Dynamics GP. Gain complete control over your inventory, production and orders.

Manufacturing Functionlity in Microsoft Dynamics GP. Gain complete control over your inventory, production and orders. Manufacturing Functionlity in Microsoft Dynamics GP Gain complete control over your inventory, production and orders. Control your Inventory Costing and Inventory Control Are you confident and in control

More information

Five Tips to Achieve a Lean Manufacturing Business

Five Tips to Achieve a Lean Manufacturing Business Five Tips to Achieve a Lean Manufacturing Business Executive Overview Introduction The more successful manufacturers today are those with the ability to meet customer delivery schedules while maintaining

More information

Jewelry Manufacturing

Jewelry Manufacturing JEWELRY MANUFACTURING Benefits Improve supplier management and collaboration to tighten inventory control Integrate quality management into core processes to reduce risk Improve warehousing and transportation

More information

ABC Company Recommended Course of Action

ABC Company Recommended Course of Action ABC Company Recommended Course of Action ABC Company has been utilizing Vantage by Epicor for several months. During the monthly close for November 1999, it was discovered that the G/L accounts for inventory,

More information

Hybrid Manufacturing Methods

Hybrid Manufacturing Methods Hybrid Manufacturing Methods The following manufacturing execution and costing methods are supported in SyteLine. These methods can be combined in a single environment so that the optimal method is used

More information

EPC/RFID in Action at Best Buy

EPC/RFID in Action at Best Buy EPC/RFID in Action at Best Buy Paul Freeman RFID Director, Best Buy April 11, 2005 April 15, 2005 1 About Best Buy Best Buy Co., Inc. (NYSE: BBY) Fortune 100 growth company $27 Billion in sales revenue

More information

REPORT INVENTORY. Inventory Allocation (by style with cut & sold) s

REPORT INVENTORY. Inventory Allocation (by style with cut & sold) s REPORT INVENTORY These reports generate different inventory related reports such as finished goods inventory reports and raw materials inventory reports. Click Report on the Menu Bar Choose Inventory Inventory

More information

Welcome to the topic on warehouses.

Welcome to the topic on warehouses. Welcome to the topic on warehouses. In this topic, we will discuss the importance of warehouses in the business processes. We will create a warehouse and view the available options. We take a quick look

More information

Entrepreneurship 2013 Chapter 15: Purchases and Inventory Management

Entrepreneurship 2013 Chapter 15: Purchases and Inventory Management Chapter 15: Purchases and Inventory Management Tools: Printer 8.5 x 11 paper Scissors Directions: 1. Print 2. Fold paper in half vertically 3. Cut along dashed lines Copyright Goodheart-Willcox Co., Inc.

More information

Advanced Revenue Management For Acumatica. A Complete Solution For Managing Recurring Revenue and Payments

Advanced Revenue Management For Acumatica. A Complete Solution For Managing Recurring Revenue and Payments Advanced Revenue Management For Acumatica A Complete Solution For Managing Recurring Revenue and Payments Advanced Revenue Management Advanced Revenue Management for Acumatica streamlines the operations

More information

Warehouse and Production Management with SAP Business One

Warehouse and Production Management with SAP Business One SAP Product Brief SAP s for Small Businesses and Midsize Companies SAP Business One Objectives Warehouse and Production Management with SAP Business One Real-time inventory and production management Real-time

More information

MANAGING E-COMMERCE EXPANSION

MANAGING E-COMMERCE EXPANSION MANAGING E-COMMERCE EXPANSION Scott Bolduc Director of Supply Chain Strategy 4/29/2014 Introductions AGENDA SPS Commerce Overview B2C process B2C electronic trading Implementing partnerships 1 INTRODUCTIONS

More information

The Shelf-Connected Supply Chain: Strategically Linking CPFR with S&OP at the Executive Level

The Shelf-Connected Supply Chain: Strategically Linking CPFR with S&OP at the Executive Level The Shelf-Connected Supply Chain: Strategically Linking CPFR with S&OP at the Executive Level By Fred Baumann EXECUTIVE SUMMARY Consumer goods manufacturers have made significant investments in cross-functional

More information

White Paper Cloud Strategy for Improving Legacy MRP & Supply Chain Processes

White Paper Cloud Strategy for Improving Legacy MRP & Supply Chain Processes White Paper Cloud Strategy for Improving Legacy MRP & Supply Chain Processes Abstract: A fundamental change is taking place in the nature and application of supply chain technologies, a change with profound

More information

Lecture Series: Consumer Electronics Supply Chain Management

Lecture Series: Consumer Electronics Supply Chain Management Lecture Series: Consumer Electronics Supply Chain Management Mohit Juneja i2 Technologies Divakar Rajamani, Ph.D. University of Texas at Dallas Center for Intelligent Supply Networks () 2003 Mohit Juneja

More information

Engineer to Order In Microsoft Dynamics NAV

Engineer to Order In Microsoft Dynamics NAV Microsoft Dynamics NAV is a robust ERP system which is designed to handle a broad spectrum of manufacturing requirements. It includes several unique features which support engineering-to-order (ETO) manufacturing

More information

Managing Inventory with SYSPRO

Managing Inventory with SYSPRO Managing Inventory SYSPRO with SYSPRO with Managing Inventory with SYSPRO Contents Why is Inventory so Important? 2 Is a System Needed to Manage Inventory? 3 Benefits of an ERP system for inventory management

More information

Upgrading to R12 (12.1.3) from 11i ( ) SCM. - Abhai Tripathi, Fujitsu America. Fujitsu America.

Upgrading to R12 (12.1.3) from 11i ( ) SCM. - Abhai Tripathi, Fujitsu America. Fujitsu America. Upgrading to R12 (12.1.3) from 11i (11.5.8+) SCM - Abhai Tripathi, abhai.tripathi@us.fujitsu.com 937-489-0272 1 Agenda Why Upgrade? New Features in Discrete Manufacturing New Features in Order Management

More information

Dillard s Vendor Portal Purchase Order Application

Dillard s Vendor Portal Purchase Order Application The first time you access the you will need to Accept the Dillard s PO Terms & Conditions in order to access the Purchase Order Browse screen. The Purchase Order Browse screen will display your companies

More information

Work Orders Quick Reference

Work Orders Quick Reference Work Orders Quick Reference Header tab Ordering location the distributor location ordering the item that is being built on this work order. Locations are set up in Location Master Maintenance. You can

More information

Sage ERP X3 Distribution x2500

Sage ERP X3 Distribution x2500 Distribution www.blytheco.com 1.800.425.9843 x2500 solutions@blytheco.com Distribution Sage ERP X3 distribution functionality is comprised of Sales, Purchasing, and Inventory. Sage ERP X3 Sales enables

More information

Supply/Demand Chain Introduction, Overview and Strategy

Supply/Demand Chain Introduction, Overview and Strategy Supply/Demand Chain Introduction, Overview and Strategy These slides address chapters 1 through 3 of the textbook, with some information already found in the earlier Sustainable Demand Chain Management:

More information

Material Requirements Planning (MRP) and ERP 14. Outline

Material Requirements Planning (MRP) and ERP 14. Outline Material Requirements Planning (MRP) and ERP 14 1 Outline Global Company Profile: Wheeled Coach Dependent Demand Dependent Inventory Model Requirements MRP Structure MRP Management 2 1 Outline - Continued

More information

Supply Chain Management. Supply Chain Management. Lecture Outline. Supply Chain. Supply Chain Illustration

Supply Chain Management. Supply Chain Management. Lecture Outline. Supply Chain. Supply Chain Illustration Ir. Haery Sihombing/IP Pensyarah Fakulti Kejuruteraan Pembuatan Universiti Teknologi Malaysia Melaka 5 Supply Chain Management Lecture Outline Supply Chain Management Information Technology: A Supply Chain

More information

Supplier Policies & Procedures

Supplier Policies & Procedures 20.0 PERFORMANCE REQUIREMENTS Supplier Policies & Procedures True Value is committed to providing its Retailers with products that consistently meet or exceed their expectations for value and merchandise

More information

The complete MRP Inventory Accounting Package. pc/mrp allows companies to implement a major MRP system at a reasonable price

The complete MRP Inventory Accounting Package. pc/mrp allows companies to implement a major MRP system at a reasonable price pc/mrp The complete MRP Inventory Accounting Package pc/mrp allows companies to implement a major MRP system at a reasonable price ISO 9000 Vendor and Customer Performance Reporting Hundreds of users can

More information

Chapter Nine: Merchandise Buying and Handling

Chapter Nine: Merchandise Buying and Handling Chapter Nine: Merchandise Buying and Handling Different is what sells. Our customers want to go into a place of business that's different. They want to shop at stores that stock diverse merchandise and

More information

Vendor-Managed Inventory Forecast Optimization and Integration

Vendor-Managed Inventory Forecast Optimization and Integration Vendor-Managed Inventory Optimization and Integration By Xihang (Eastman) Kou Thesis Advisor: Dr. Lawrence Lapide Summary: This project developed a novel way of measuring and comparing account level Vendor-Managed

More information

Supply Chain Systems II: Supply Chain Modules

Supply Chain Systems II: Supply Chain Modules Supply Chain Systems II: Supply Chain Modules ctl.mit.edu Evolution of Supply Chain Tools 1960-1970 s IBM developed a Bill of Materials Processor (BOMP) Mainframe based database systems mainly to track

More information

EDI FOR NETSUITE YOUR GLOBAL EDI NETWORK FERN & B2BGATEWAY MARCH 15, 2016

EDI FOR NETSUITE YOUR GLOBAL EDI NETWORK FERN & B2BGATEWAY MARCH 15, 2016 YOUR GLOBAL EDI NETWORK EDI FOR NETSUITE FERN & B2BGATEWAY MARCH 15, 2016 NORTH AMERICA // +1 (401) 491-9595 EUROPE // +353 (0) 61 708533 AUSTRALIA // +61 2 8003 7584 TODAY S AGENDA & PRESENTERS 1 What

More information

Flow and Pull Systems

Flow and Pull Systems Online Student Guide Flow and Pull Systems OpusWorks 2016, All Rights Reserved 1 Table of Contents LEARNING OBJECTIVES... 4 INTRODUCTION... 4 BENEFITS OF FLOW AND PULL... 5 CLEARING ROADBLOCKS... 5 APPROACH

More information

HOW DISTRIBUTION COMPANIES CAN IMPROVE EFFICIENCY WITH GP. John DiLeo Senior Implementation Specialist

HOW DISTRIBUTION COMPANIES CAN IMPROVE EFFICIENCY WITH GP. John DiLeo Senior Implementation Specialist HOW DISTRIBUTION COMPANIES CAN IMPROVE EFFICIENCY WITH GP John DiLeo Senior Implementation Specialist johnd@calszone.com HOW DISTRIBUTION COMPANIES CAN IMPROVE EFFICIENCY WITH GP GP Modules o Inventory

More information

MMOG/LE Evaluation. Data Collection Process Improvement

MMOG/LE Evaluation. Data Collection Process Improvement MMOG/LE Evaluation Data Collection Process Improvement 1. STRATEGY AND IMPROVEMENT 1.2 Objectives 1.2.2 Key Performance Indicators (KPIs) shall cover objectives for all areas of the materials planning

More information

Supplier Portal. QAD Inc.

Supplier Portal. QAD Inc. QAD SUPPLIER PORTAL BENEFITS Reduce inventory investment without risking material shortages and down time Eliminate waste and reduce errors by replacing forms with electronic communication Reduce expediting

More information

ACQUIRE. Mobile Data Capture Solution For ERP. Cooper Software ACQUIRE Product Information. Make it Work

ACQUIRE. Mobile Data Capture Solution For ERP. Cooper Software ACQUIRE Product Information. Make it Work ACQUIRE Mobile Data Capture Solution For ERP Cooper Software ACQUIRE Product Information Make it Work ACQUIRE Mobile apps for ERP: Eliminate manual errors and streamline data capture Cooper Software s

More information

Understanding Inventory Fundamentals

Understanding Inventory Fundamentals CHAPTER SEVEN Understanding Inventory Fundamentals McGraw-Hill/Irwin Copyright 2011 by the McGraw-Hill Companies, Inc. All rights reserved. Where We Are Now Relationships Sustainability Globalization Organizational

More information

Complete Distribution Solution

Complete Distribution Solution Complete Distribution Solution Analyzing data is so much easier, so much more timely. We re looking at things in real time as far as understanding where the business is and where it s headed. - Chuck Warren,

More information

go vertical. for Microsoft Dynamics AX About MBS Dev Professional Microsoft Dynamics AX Partner Wholesale Distribution Suite

go vertical. for Microsoft Dynamics AX About MBS Dev Professional Microsoft Dynamics AX Partner Wholesale Distribution Suite WDS Professional Microsoft Dynamics AX Partner Improve Quality Increase Competitive Edge Enhance Service Deliver Fast Reliable Solutions Wholesale Distribution Suite High Volume Distribution (HVD) Executive

More information

Supply Chain Management Overview February Richard Motilal

Supply Chain Management Overview February Richard Motilal Supply Chain Management Overview February 2018 Richard Motilal Agenda Introduction Supply Chain is Transformative End-to-end Supply Chain Supply Chain Elements Keys to Success Optimization Initiatives

More information

The Collaborative Power of VMI 2.0

The Collaborative Power of VMI 2.0 WHITE PAPER The Collaborative Power of VMI 2.0 For more than a decade, out-of-stock rates have hovered at an average of 8 percent, according to a GMA/FMI Trading Partner Alliance report 1. More troubling

More information

Ch.3 Methods of Procurement.

Ch.3 Methods of Procurement. Module 1 : Purchasing Process. Ch.3 Methods of Procurement. Edited by Dr. Seung Hyun Lee (Ph.D., CPM) IEMS Research Center, E-mail : lkangsan@iems.co.kr Competitive Bidding vs. Negotiation Competitive

More information

STP351: Purchase Order Collaboration in SNC

STP351: Purchase Order Collaboration in SNC SAP Training Source To Pay STP351: Purchase Order Collaboration in SNC External User Training Version: 4.0 Last Updated: 03-Apr-2017 3M Business Transformation & Information Technology Progress set in

More information

IMPROVE YOUR ONLINE SALES SUPPLY CHAIN WITH B2BGATEWAY & DM FULFILLMENT YOUR GLOBAL EDI NETWORK APRIL 18, 2017

IMPROVE YOUR ONLINE SALES SUPPLY CHAIN WITH B2BGATEWAY & DM FULFILLMENT YOUR GLOBAL EDI NETWORK APRIL 18, 2017 YOUR GLOBAL EDI NETWORK IMPROVE YOUR ONLINE SALES SUPPLY CHAIN WITH B2BGATEWAY & DM FULFILLMENT B2BGATEWAY & DM FULFILLMENT APRIL 18, 2017 NORTH AMERICA // +1 (401) 491-9595 EUROPE // +353 (0) 61 708533

More information

Objectives of Chapters 4, 5, 6

Objectives of Chapters 4, 5, 6 Objectives of Chapters 4, 5, 6 Designing the SC Network: (Ch4,5,6) Ch4 Explores how to design a distribution network Ch5 Considers facility related decisions to be made when design a SC network. Ch6 Methodologies

More information

Oracle Warehouse Management (WMS) and RFID

Oracle Warehouse Management (WMS) and RFID Oracle Warehouse Management (WMS) and RFID Integrations, Enhancements and an Overview Aditya Agarkar Director, Product Strategy Safe Harbor Statement The following is intended to

More information

Financial Transfer Guide DBA Software Inc.

Financial Transfer Guide DBA Software Inc. Contents 3 Table of Contents 1 Introduction 4 2 Why You Need the Financial Transfer 6 3 Total Control Workflow 10 4 Financial Transfer Overview 12 5 Multiple Operating Entities Setup 15 6 General Ledger

More information

RETAIL MANAGEMENT SOFTWARE SYSTEMS for consumer electronics and household appliances retailers

RETAIL MANAGEMENT SOFTWARE SYSTEMS for consumer electronics and household appliances retailers RETAIL MANAGEMENT SOFTWARE SYSTEMS for consumer electronics and household appliances retailers Manage a fast-moving stock in your physical and online stores and provide consistently high-quality service

More information

Title: Implementing Oracle Discrete manufacturing in an Engineer to Order environment. Characteristics of typical Engineer to Order Environment

Title: Implementing Oracle Discrete manufacturing in an Engineer to Order environment. Characteristics of typical Engineer to Order Environment Title: Implementing Oracle Discrete manufacturing in an Engineer to Order environment Name : Somnath Majumdar Company : Infosys Technologies Executive Summary Companies today are moving towards customized

More information

YOUR BEST WAREHOUSE MANAGEMENT SYSTEM: GETTING MAXIMUM VALUE FROM YOUR WAREHOUSE AND YOUR FUNCTIONAL AREAS

YOUR BEST WAREHOUSE MANAGEMENT SYSTEM: GETTING MAXIMUM VALUE FROM YOUR WAREHOUSE AND YOUR FUNCTIONAL AREAS YOUR BEST WAREHOUSE MANAGEMENT SYSTEM: GETTING MAXIMUM VALUE FROM YOUR WAREHOUSE AND YOUR FUNCTIONAL AREAS Ultra Consultants 847.692.6485 www.ultraconsultants.com 1 CONTENTS Executive Summary The Case

More information

5 Strategies to make Money in Your Warehouse!

5 Strategies to make Money in Your Warehouse! 1 5 Strategies to make Money in Your Warehouse! 2 Your warehouse is the most important area of your business or building. Why is that? Isn t this where you keep a lot of your money? You invest all that

More information

SUPPLY CHAIN VISIBILITY AND CONTROL SOLUTIONS

SUPPLY CHAIN VISIBILITY AND CONTROL SOLUTIONS SUPPLY CHAIN VISIBILITY AND CONTROL SOLUTIONS Acsis Platform and the Key to Success Acsis provides supply chain traceability solutions that include data capture, serialization, label management and ERP

More information

Promotional Products Distributor Packet

Promotional Products Distributor Packet Promotional Products Distributor Packet A Better Business Approach Revision: 1.0 ABBASOFT TECHNOLOGIES 23161 Mill Creek Drive #360 Laguna Hills, CA 92653 Phone: 949.830.5113 Fax: 949.830.1304 E-mail: sales@abbasoft.com

More information

NSK Steering Systems America

NSK Steering Systems America PAGE NO: 1 of 13 NSK Steering Systems America Supplier Logistics and Packaging Manual PAGE NO: 2 of 13 Table of Contents 1 Scope... 3 1.1 General... 3 2 Communication... 3 2.1 Supplier contacts... 3 2.2

More information

INDEX. Integration Services Catalogue. Integration

INDEX. Integration Services Catalogue. Integration Services Catalogue Greytrix - Rockstar ISV partner for Sage X3 has expertise in integrations between platform, applications and delivery methodology. The following list contains a sampling of the integrations

More information

Infor Distribution SX.e

Infor Distribution SX.e Distribution Infor Distribution SX.e Deliver more With a constantly shifting business landscape and growing competition from e-tailors, you need to deliver more than what has been traditionally expected

More information

Kanban Supplier System as a Standardization Method and WIP Reduction

Kanban Supplier System as a Standardization Method and WIP Reduction Proceedings of the 2010 International Conference on Industrial Engineering and Operations Management Dhaka, Bangladesh, January 9 10, 2010 Supplier System as a Standardization Method and WIP Reduction

More information

Dennis Bricker Dept of Mechanical & Industrial Engineering The University of Iowa. JIT --Intro 02/11/03 page 1 of 28

Dennis Bricker Dept of Mechanical & Industrial Engineering The University of Iowa. JIT --Intro 02/11/03 page 1 of 28 Dennis Bricker Dept of Mechanical & Industrial Engineering The University of Iowa JIT --Intro 02/11/03 page 1 of 28 Pull/Push Systems Pull system: System for moving work where a workstation pulls output

More information

Backfilling (in transport)

Backfilling (in transport) 27 Glossary of logistics terms 3PL 4PL Agile production Amplification APICS APS Back order Backfilling (in transport) Binning ticket Blanket order 3rd party logistics ie sub-contracting one or more activities

More information

Material Logistics and XA at Freeman Manufacturing

Material Logistics and XA at Freeman Manufacturing Material Logistics and XA at Freeman Manufacturing Session 407 Eric Wagner - Agility, Inc. Julie Shoemaker Freeman Manufacturing What is Material Logistics (ML)? The functions required to communicate demand

More information

Inventory Planning & Optimization: Extending The Enterprise through the Supply Chain

Inventory Planning & Optimization: Extending The Enterprise through the Supply Chain Inventory Planning & Optimization: Extending The Enterprise through the Supply Chain by Steve Lewin, Sourcetrix Corporation Executive Summary A good way to introduce Inventory Planning and Optimization

More information

Operations Management

Operations Management Operations Management Introduction to Operations Management 1.1 What is Operations Management Every business is managed through three major functions: finance, marketing, and operation management. The

More information

Top 5 Benefits of Automating the Cash Application Process and OCR with Specialized Technology

Top 5 Benefits of Automating the Cash Application Process and OCR with Specialized Technology Top 5 Benefits of Automating the Cash Application Process and OCR with Specialized Technology Introduction Straight-through application hit rates* The cash application process is often challenging for

More information

Footwear. SAP Business One. Apparel & Footwear

Footwear. SAP Business One. Apparel & Footwear Footwear SAP Business One Apparel & Footwear Introduction SAP Business One for the Footwear Industry. Integrate and automate critical business processes with Apparel & Footwear for SAP Business One Due

More information

THE ADVANTAGES OF SUMULTANEOUS PICKING STRATEGIES IN LIGHT-DIRECTED ORDER FULFILLMENT. WHITE PAPER

THE ADVANTAGES OF SUMULTANEOUS PICKING STRATEGIES IN LIGHT-DIRECTED ORDER FULFILLMENT. WHITE PAPER WHITE PAPER THE ADVANTAGES OF SUMULTANEOUS PICKING STRATEGIES IN LIGHT-DIRECTED ORDER FULFILLMENT. Lightning Pick A (MATW) International Company N114 W18770 Clinton Drive Germantown, WI 53022 Website:

More information

Forecasting Demand and Beyond

Forecasting Demand and Beyond Forecasting Demand and Beyond Prepared by Inez Blackburn inez@blackburn.net July 9, 2003 A Few Forecasting Techniques - Grocery Industry Pile high and watch it fly Random walk Dart Board Back in to Bonus

More information

Inventory Manager User Guide Basware P2P 17.4

Inventory Manager User Guide Basware P2P 17.4 Inventory Manager User Guide Basware P2P 17.4 Copyright 1999-2017 Basware Corporation. All rights reserved.. Table of Contents 1 Inventory Manager - Getting Started... 4 1.1 Inventory Process Summary...

More information

AUTOMATE AND ACCELERATE YOUR ENTIRE FUEL SUPPLY CHAIN MANAGEMENT PROCESS

AUTOMATE AND ACCELERATE YOUR ENTIRE FUEL SUPPLY CHAIN MANAGEMENT PROCESS AUTOMATE AND ACCELERATE YOUR ENTIRE FUEL SUPPLY CHAIN MANAGEMENT PROCESS Adjust to market changes in real time, maximize margins, save time and increase customer satisfaction with Axxis fuel management

More information

Delivery Kanban Operating Rules

Delivery Kanban Operating Rules Delivery Kanban Operating Rules Marek Piatkowski July 2012 1 Introduction - Marek Piatkowski Professional Background Toyota Motor Manufacturing Canada (TMMC) - Cambridge, Ontario from 1987-1994 TPS/Lean

More information

ASNs and UCC Labels Table of Contents

ASNs and UCC Labels Table of Contents ASNs and UCC Labels Table of Contents ASNs and UCC Labels... 1 Table of Contents... 1 General Information... 2 Contact for ASN and/or UCC Labels... 2 Advance Shipment Notification (ASNs)... 3 ASN Required

More information

Objectives of Chapters1, 2, 3

Objectives of Chapters1, 2, 3 Objectives of Chapters1, 2, 3 Building a Strategic Framework to Analyze a SC: (Ch1,2,3) Ch1 Define SC, expresses correlation between SC decisions and a firms performance. Ch2 Relationship between SC strategy

More information

Case Study: Automotive Vendor Managed Inventory Plexco (Australia)

Case Study: Automotive Vendor Managed Inventory Plexco (Australia) Case Study: Automotive Vendor Managed Inventory Plexco (Australia) Background Plexco International AG is a Tier One supplier to the world s leading automakers. The company makes audio systems, lighting

More information

Vendor Managed Inventory Solutions for the Grocery Industry

Vendor Managed Inventory Solutions for the Grocery Industry Vendor Managed Inventory Solutions for the Grocery Industry 3160 Pinebrook l Park City, UT 84098 l 435.645.2000 www.parkcitygroup.com Contents Overview... 3 The Issue... 6 The Opportunity... 4 The Solution

More information

Chapter 11. In-Time and Lean Production

Chapter 11. In-Time and Lean Production Chapter 11 Just-In In-Time and Lean Production What is JIT? Producing only what is needed, when it is needed A philosophy An integrated management system JIT s mandate: Eliminate all waste Basic Elements

More information

The Architecture of SAP ERP

The Architecture of SAP ERP The Architecture of SAP EP Understand how successful software works von Jochen Boeder, Bernhard Groene 1. Auflage The Architecture of SAP EP Boeder / Groene schnell und portofrei erhältlich bei beck-shop.de

More information

with Electronic Data Interchange (EDI)

with Electronic Data Interchange (EDI) SIMPLIFY YOUR SHOP FLOOR with Electronic Data Interchange (EDI) BY LANGLEY MELENDRES GLOBAL SHOP SOLUTIONS SENIOR CONSULTANT We simplify your manufacturing. TODAY S GLOBAL MANUFACTURING MARKETS DEMAND

More information

RFID for Manufacturing: Critical Success Factors.

RFID for Manufacturing: Critical Success Factors. RFID for Manufacturing: 7 Critical Success Factors. Transforming RFID Data into Value RFID for Manufacturing: 7 Critical Success Factors. Innovative manufacturers are leveraging the real-time visibility

More information

B2BGATEWAY EDI FOR QUICKBOOKS ONLINE

B2BGATEWAY EDI FOR QUICKBOOKS ONLINE YOUR GLOBAL EDI NETWORK B2BGATEWAY EDI FOR QUICKBOOKS ONLINE B2BGATEWAY NOVEMBER 02, 2016 Online NORTH AMERICA // +1 (401) 491-9595 EUROPE // +353 (0) 61 708533 AUSTRALIA // +61 2 8003 7584 TODAY S AGENDA

More information

Adventures in Inventory: When and Why to Recommend 3rd Party Inventory Solutions

Adventures in Inventory: When and Why to Recommend 3rd Party Inventory Solutions Session 405 - When and Why to Recommend 3rd Party Solutions Mario Nowogrodzki Adventures in : When and Why to Recommend 3rd Party Solutions Mario Nowogrodzki, CPA/CITP Mendelson Consulting Jeanne Tarazevits,

More information

INVENTORY AND ECONOMIC ORDER QUANTITY MODELS

INVENTORY AND ECONOMIC ORDER QUANTITY MODELS INVENTORY AND ECONOMIC ORDER QUANTITY MODELS Types of Demand Retailers and distributors must manage independent demand items-that is, items for which demand is influenced by market conditions and isn t

More information

Holistic Supply Chain Management Three Strategies to Uncover Cash in the Supply Chain

Holistic Supply Chain Management Three Strategies to Uncover Cash in the Supply Chain Holistic Supply Chain Management Three Strategies to Uncover Cash in the Supply Chain A GT Nexus White Paper Executive Summary There is a renewal of interest in the financial elements of supply chain management

More information

Vendor Managed Inventory

Vendor Managed Inventory Product Internet based software tool Branded to look like your System Vendor Managed Inventory Customer visibility / participation Backend Integration Many Data collection methods Many business models

More information

Apprise ERP. Designed for Importers, Distributors and Wholesalers of Wine, Spirits & Beer. Apprise.com

Apprise ERP. Designed for Importers, Distributors and Wholesalers of Wine, Spirits & Beer. Apprise.com Apprise ERP Designed for Importers, Distributors and Wholesalers of Wine, Spirits & Beer Apprise.com We understand your business We know the unique challenges that go into running a wine and spirits or

More information

Work Book for Warehouse Supervisor

Work Book for Warehouse Supervisor NIDAN EDUCATION & SKILL TRAINING Work Book for Warehouse Supervisor NIDAN EDUCATION & SKILL TRAINING Page 1 Index 1. Introduction to Warehouse 2. Storage layout mapping 3. Stocking materials 4. Handling

More information

Pharmacy Chain Cuts Order Turnaround Time in Half with Mobile RFID Workflow Solution

Pharmacy Chain Cuts Order Turnaround Time in Half with Mobile RFID Workflow Solution Microsoft BizTalk Server Customer Solution Case Study Pharmacy Chain Cuts Order Turnaround Time in Half with Mobile RFID Workflow Solution Overview Country or Region: India Industry: Pharmaceuticals Customer

More information

The retailer is the final frontier of

The retailer is the final frontier of Demand planning and Forecasting with Pos Data: A Case Study By Fred Andres The retailer is the final frontier of supply chain planning. So, it is important for manufacturers to have a serious look at what

More information

History IE 376 PRODUCTION INFORMATION SYSTEMS. Course Notes Lecture #2.A Material Requirements Planning

History IE 376 PRODUCTION INFORMATION SYSTEMS. Course Notes Lecture #2.A Material Requirements Planning IE PRODUCTION INFORMATION SYSTEMS Course Notes Lecture #.A Material Requirements Planning IE Bilkent University Manufacturing Planning and Control System Routing file Resource planning Bills of material

More information

Sales Performance Management SALES DEMAND PLANNING SALES SALES & OPERATIONS ACCOUNT ANALYSIS & MANAGEMENT PLANNING PLANNING MANAGEMENT

Sales Performance Management SALES DEMAND PLANNING SALES SALES & OPERATIONS ACCOUNT ANALYSIS & MANAGEMENT PLANNING PLANNING MANAGEMENT Performance Management SALES DEMAND PLANNING SALES SALES & OPERATIONS ACCOUNT ANALYSIS & MANAGEMENT PLANNING PLANNING MANAGEMENT Increased customer service requirements, expanding distribution channels,

More information

STP358: Order Forecast Monitor in SNC

STP358: Order Forecast Monitor in SNC SAP Training Source To Pay STP358: Order Forecast Monitor in SNC External User Training Version: 4.0 Last Updated: 03-Apr-2017 3M Business Transformation & Information Technology Progress set in motion

More information

Industrial IT cpmplus Collaborative Production Management. cpmplus for Pulp and Paper

Industrial IT cpmplus Collaborative Production Management. cpmplus for Pulp and Paper Industrial IT cpmplus Collaborative Production Management cpmplus for Pulp and Paper Maximizing the performance of your assets The best-in-class mill operations Today s economic environment requires paper

More information

1. Inventory management

1. Inventory management 1. Inventory management 10.1 Introduction The importance of proper inventory management is evident when one considers that inventories have lead to the demise of many a business. The downfall of some companies

More information

What is ERP? Source: Wikipedia

What is ERP? Source: Wikipedia Brad Staats What is ERP? Enterprise resource planning (ERP) systems integrate internal and external management information across an entire organization. The purpose of ERP is to facilitate the flow of

More information

KPI ENCYCLOPEDIA. A Comprehensive Collection of KPI Definitions for PROCUREMENT

KPI ENCYCLOPEDIA. A Comprehensive Collection of KPI Definitions for PROCUREMENT KPI ENCYCLOPEDIA A Comprehensive Collection of KPI Definitions for PROCUREMENT www.opsdog.com info@opsdog.com 844.650.2888 Table of Contents KPI Encyclopedia Metric Definitions.............................

More information

Virtual Training Workbook

Virtual Training Workbook Shop SystemTM Virtual Training Workbook Order Entry Professional Edition www.shoptech.com Objectives During this session we will consider the various elements of Order Entry Company Maintenance Settings

More information

Assurance of Supply. How Confidence in a Reliable Supply Stream Creates Healthy Companies. A GT Nexus White Paper

Assurance of Supply. How Confidence in a Reliable Supply Stream Creates Healthy Companies. A GT Nexus White Paper Assurance of Supply How Confidence in a Reliable Supply Stream Creates Healthy Companies A GT Nexus White Paper One of the greatest supply chain challenges that companies face today is to reliably and

More information

Types of Systems from a Functional Perspective

Types of Systems from a Functional Perspective Types of Systems from a Functional Perspective Information systems can be classified by the specific organizational function they serve, as well as by organizational level. We now describe typical information

More information

AVANTUS TRAINING PTE LTD

AVANTUS TRAINING PTE LTD Manufacturing II in Microsoft Dynamics NAV 2009 Course 80261A: 3 Days; Instructor-Led About this Course This three-day course explores the advanced manufacturing functionality of Microsoft Dynamics NAV

More information