#consulting supply chain management

[navitsap]

NAV stands for Navigation (or to navigate). We steer our customers to success through the rough route of complex processes and IT landscapes.

We provide Process consulting and Solution development services, enabling clients to discover the benefits of SAP’s Digital Supply Chain Platforms and Microsoft Power Platform.

[vncglobal]

Customized Solutions: Tailoring Supply Chain Strategies to Industry Needs

Supply chain management has become a crucial determinant of a company's performance in the ever-changing commercial environment of today. With the increasing specialisation and diversity of industries, it is evident that the conventional one-size-fits-all approach to supply chain strategy has been ineffective. In recent times, there has been a notable increase in the significance of tailored solutions, as enterprises acknowledge the importance of adapting their supply chain strategies to align with the distinct requirements of their respective sectors. This blog article aims to explore the significance of tailored supply chain solutions and their role in enhancing operational efficiency, minimising expenses, and facilitating industry-specific expansion. Smarter solutions for stronger supply chains. Partner with VNC Global - for top-class Supply chain management consulting in Australia to drive growth!

Understanding the Need for Customization:

Each sector functions inside its own specific environment, which is defined by particular obstacles, rules, and market forces. Therefore, it can be argued that a standardised supply chain approach is insufficient in addressing the intricacies specific to each sector. Customised solutions consider these variables, providing a personalised approach that is in line with the specific requirements of the industry.

Optimizing Operations for Efficiency:

The possibility for operational optimisation is a fundamental advantage of customising supply chain strategies to align with industry requirements. The utilisation of generic methodologies frequently leads to operational inefficiencies, manifesting in the form of surplus inventories, delays in processes, and bottlenecks. In contrast, customised solutions optimise operational efficiency by matching processes with the specific demands of the industry.

Industries characterised by significant fluctuations in demand may derive advantages from using agile supply chain methods that provide swift adaptations in production and distribution processes. Conversely, industries characterised by consistent and predictable demand patterns should prioritise the implementation of lean supply chain methods as a means to mitigate inefficiencies and achieve cost reductions. By optimising the supply chain in this manner, organisations can improve operational efficiency and responsiveness.

Reducing Costs and Enhancing ROI:

The issue of cost containment continues to be a persistent worry for firms operating in various sectors. Customised supply chain solutions are of paramount importance in effectively addressing this challenge. Tailoring tactics to the specific needs of an industry leads to the minimization of wastage, more efficient allocation of resources, and optimisation of costs. Experience real-time visibility, control, and savings. Invest in the best Supply chain management software in Australia offered by VNC Global!

Industries characterised by rigorous compliance requirements might derive advantages from supply chain strategies that prioritise the principles of traceability and transparency. By incorporating technology such as blockchain, enterprises can effectively verify regulatory adherence while concurrently mitigating the potential financial repercussions associated with product recalls. This technique not only results in cost savings but also serves to protect the reputation of the brand.

Fostering Industry-Specific Growth:

Customised supply chain solutions encompass more than just enhancing operational efficiency; they also play a significant role in fostering growth within certain industries. Industries undergo a natural progression, characterised by the impact of technology breakthroughs, market dynamics, and consumer preferences. The use of supply chain strategies customised to these elements facilitates the ability of firms to maintain agility and adaptability.

Consider the pharmaceutical business as an illustrative case. The emergence of personalised medication and the requirement for temperature-sensitive distribution may render conventional supply chain models inadequate. The implementation of a tailored approach that integrates cold chain logistics and real-time tracking systems guarantees the secure and effective transportation of delicate pharmaceuticals. The ability to adapt enables firms to effectively capitalise on emerging opportunities and navigate industry shifts.

Strengthening Industry Collaboration:

The implementation of tailored supply chain solutions frequently necessitates industry-wide collaboration and strategic collaborations. The act of exchanging best practices, insights, and resources is of utmost importance in order to collectively enhance operational efficiency. The cooperative efforts between entities not only yield advantages for individual enterprises but also contribute to the overall enhancement of the industry.

businesses characterised by intricate regulatory obligations have the potential to engage in collaborative efforts aimed at addressing compliance challenges. By pooling their resources, these businesses can collectively work towards the development of innovative technologies that facilitate the process of adhering to regulatory standards. Collaborative endeavours not only alleviate operational difficulties but also cultivate a sense of brotherhood among participants within the sector.

Final Thoughts:

In the contemporary landscape characterised by a wide range of industries and their corresponding complexities, the adoption of customization has emerged as a crucial strategy in the realm of supply chain management. Customising tactics to cater to the unique requirements of the sector allows organisations to enhance operational efficiency, minimise expenditures, and facilitate industry-specific expansion.

In a contemporary context where the ability to adapt and be agile is of utmost importance for achieving success, the adoption of tailored supply chain solutions is not only a choice but rather a strategic need. In the context of ongoing industrial development, enterprises that place emphasis on customised supply chain strategies establish themselves as frontrunners, equipped to effectively address the distinctive requirements of their specific environments. Supply chain excellence made attainable. Connect with VNC Global for tailored Supply chain management consulting in Australia!

[smithlee1221]

Procurement and Chain Supply Management | Skills Gap Analysis

Skills Gap Analysis specialises in Capability Gap Analysis for procurement and supply chain management. Their services include Procurement Assessments Australia and purchase skills assessment online to help businesses stay competitive.

[valuechainplanning-vmi-cmi]

Value Chain Planning - VMI and CMI - The Challenge 

The traditional continuous replenishment process (CRP) activity does not truly generate a demand plan that can be integrated into the manufacturer’s Supply Chain for production planning purposes. 

It can be too tactical and short-term oriented and typically focuses on the next two to four weeks. 

The emphasis on order placement and replenishment based on near term activity can be considered a challenge.

Although VMI and CMI are constrained by criticisms of short-term focused and being too tactical, in practice they have been very popular because of their low cost to implement. The key is to leverage low-cost implementation while driving consensus and collaboration and bringing the focus on promotional planning and management. 

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[valuechainplanning-collaborative]

Value Chain Planning - Probability of an accurate Collaborative Forecast

The probability of an accurate collaborative forecast depends on the accuracy of the forecast as well as proper and timely communication.

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[valuechainplanning-outsourced]

Value Chain Planning-Collaborative Planning

In the manufacturer to retailer model, customer collaborative partnerships have been a dominant theme since the 1990s. Although there was a lot of energy behind CPFR and retailers are adopting different versions of collaborative forecasting and replenishment strategies now. These include Collaborative-VMI, CPFR, CMI, Shared Single Forecast, and replenishment, etc.

The retailers have emphasized the adoption of Collaborative Planning for better forecasting promotional volume. So there is a broader adoption of CPFR and Account-Based Forecasting in this space although there is no consistent standard among either manufacturers or retailers. The CPFR that is being preached by retailers also varies in flavor from one retailer to the other and between Mass, Food and Drug.

Some retailers focus on the Sales or the POS forecasts, while others focus on promotional forecasts alone. Again some Retailers focus on starting the process with two different forecasts, while others emphasize the importance of a Shared Single Forecast.

More formally, collaboration is defined as the creation of a shared understanding between two participants where none had previously existed or could have come to on their own.

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[valuechainplanning-diagnostics]

Value Chain Planning- The Key steps in an S&OP/IBP process re-design:

Assess the key objectives of the Planning Process- Identify and Involve stakeholders in Sales, Supply Planning, Operations, Marketing, and Finance during the process definition phase. Interview key General Managers and understand their informational needs from the Sales and Operations Planning process

Identify the key pain points- Since Sales and Operations Planning (S&OP) is a collaborative process, the key is in establishing and improving internal communication and collaboration. The best approach is to start with the question, where do we have communication roadblocks? We need to identify areas where communication is missed, or ineffective. We also need to identify where communication is too late to be acted upon. An example of such a pain point will be to learn of a service failure for the first time in a score-card meeting after the end of the month

Identify the Key Component Meetings- The key step in the process design is to plan and establish effective communication and decision sessions among the various functions. Our meeting design will derive from several white boarding sessions that revealed the various pain points in the process (step 2) and the key touch points in the organization. Where the touch points are heavy and involves frequent information sharing, that will indicate the need for a formalized information sharing session. Typically, the key meetings include the Demand consensus meeting, Supply Collaboration Meeting, the General Manager Review meeting, and the Operations Review meeting. In most organizations, there will be an executive Sales and Operations Planning meeting. But the type and content of the meeting depend on the needs of each organization

Design Content and Timing of Meetings- Working with functional players from the key touch points, we will establish the type, sequence and timing of each meeting during the planning period. Through white boarding sessions, we will help you establish the key contents and the objective of each meeting

Meeting Templates- we will help you design appropriate templates and summary reports to facilitate the meetings to be focused on key issues and arrive at a consensus recommendation. Valtitude with a vast collection of process reports in its knowledgebase, will help you design the template that is customized to your process needs

Supply Collaboration Process- Once a consensus demand forecast is finalized, Supply planners will refresh their planning systems to arrive at their new schedule with constraints. The new demand may point to imbalances in their supply process including issues in raw materials, finished goods inventory, manufacturing schedule, and capacity constraints. The collaboration process should consider these issues to problem solve and decide a set of supply constraints to be acted on in the Operations Review meeting

Budget Shortfall Review- Depending on the pain points of the current organizational process, we design this meeting to reconcile top-down financial and marketing forecasts with the operational demand plan. The GAP identification and resolution is a major part of the Sales and Operations Planning Process

Exception Management- A well-defined process will thrive on exception management. All Component meetings will start with a follow-up of issues from the previous meeting and deal with exception issues highlighted by the meeting templates. A concise design of meeting templates will help you achieve brief, sharply focused, effective meetings

Sales, Operations and Inventory Planning- This is a key part of the Operations Planning and review. The organizational consensus team will examine the Sales, Production and Inventory Plans and discuss major issues and bottlenecks

Supply constraints and Scenario Management- The budget shortfalls may trigger management decisions on additional promotions and even key new product introductions. The process should be designed to be flexible enough to accommodate key top management requests to verify supply availability for key sales generating events. Promotions on key items can only be offered if adequate inventory is available or can be turned around in time to meet the promotional demand

Value Chain Metrics- The Sales and Operations Planning process will be guided by the various value chain metrics that highlight performance and pinpoint areas of improvement. Metrics should be a good indicator of the state of the business and should call for quantifiable corrective action. The design of the metrics should help you align incentives holistically to help achieve the organizational objectives. The key metrics include Fill Rates, OTIF<, inventory targets, forecast accuracy, on-time delivery, order cycle times. Demandplanning.net will help you design metrics customized to how various functional players are aligned in your organization. With our research and analytics in this area, we have a unique advantage in designing proper Supply Chain Metrics and implementation.

[valuechainplanning-forecast-pro]

Value Chain Planning -Forecast Value Add Reporting

With Forecast Value Add reporting you can track accuracy across each step of your forecasting process. Easily compare the statistical forecast, final forecast, and/or specific overrides to what actually happened.

This at-a-glance report helps you quickly identify which steps or participants in your forecasting process are adding value and which are making your forecasts less accurate.

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[valuechainplanning-sap-scm]

Value Chain Planning -We demystify the complexity of SAP! 

We will implement a planning solution that will incorporate Valtitude's  ten time tested best practices in demand planning with a clean and intuitive process powered by robust IBP algorithms and a top quality training program to help generate a quality demand-supply-capacity plan, each time. 

Up and running in as little as 90 days*. 

*Terms and conditions apply.

Identify:

“Right” data source 

“Right” method to separate an outlier from a promotion and seasonal spike 

“Right” Periodicity of Planning - month, week, and quarter or mixed. 

“Right” level of aggregation for planning and review by the planners 

“Right” approach to segment your data - products, customers, location  

“Right” model and the model selection strategy in demand planning 

“Right” planning and optimization algorithms for Rough cut capacity planning 

"Right" parameters for inventory optimization using the IBP toolset 

“Right” techniques to manage demand of new and discontinued products - PLM, Phase-in and Phase-out, Obsolescence management 

“Right” metrics out of the box using Fiori analytics 

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[value-chain-planning-s-op]

Value Chain Planning - Model Tuning in SAP IBP

After the reenginnering project, we continue to support our clients who have a thriving SAP landscape. We provide:

Complete Implementation and Re-implementation services

Model Tuning and Algorithm Optimization for Demand, Inventory and Supply in SAP IBP

Support to maintain your SCM planning Views, Macros, Alerts and Process Chain Cycles

Continuous support for IBP Implementations

If you are an SAP IBP client with signficant challenges with your implementation and finding it hard to use the system, please contact us today to see how we can help you. Our initial consultation and scoping exercise is complementary.

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[value-chain-planning-consulting]

Demand Planning - Business Plan

Valtitude has developed a unique methodology to develop long-term forecasting and analyzing the forecast sensitivity.  

Often the annual Marketing Plan is the driver for the demand information in the annual budget. The Marketing Plan is developed with a volume forecast for the year along with the spend levels necessary to create and sustain the expected demand for the products. The process for Market share forecasting is explained here. Marketing-mix modeling is a key component of developing the Marketing Plan.  The Business Plan or the annual Budget often follows the following outline: 

 Capacity and other bottlenecks 

Organizational Consensus 

Revisions to Spend and volumes 

Management buy-in 

Internal Factors. 

Development of a Sales and Marketing Plan 

Calendar Monthly forecast 

Strategic analysis of external factors: 

- Economic 

- Political 

- Competitive 

Operating Budget 

- Manufacturing Costs 

- Administrative costs 

- Sales and Marketing Overheads  

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[valtitude-sap-supplychain]

Valtitude —Take advantage of the automated modeling strategies 

 First Order Exponential Smoothing Models or Constant Model 

Moving Average Models 

Linear Regression Models and MLR Models 

Second Order Exponential Smoothing with Trend 

Holt-Winters Models 

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[vncglobal]

Customized Solutions: Tailoring Supply Chain Strategies to Industry Needs

Supply chain management has become a crucial determinant of a company's performance in the ever-changing commercial environment of today. With the increasing specialisation and diversity of industries, it is evident that the conventional one-size-fits-all approach to supply chain strategy has been ineffective. In recent times, there has been a notable increase in the significance of tailored solutions, as enterprises acknowledge the importance of adapting their supply chain strategies to align with the distinct requirements of their respective sectors. This blog article aims to explore the significance of tailored supply chain solutions and their role in enhancing operational efficiency, minimising expenses, and facilitating industry-specific expansion. Smarter solutions for stronger supply chains. Partner with VNC Global - for top-class Supply chain management consulting in Australia to drive growth!

Understanding the Need for Customization:

Each sector functions inside its own specific environment, which is defined by particular obstacles, rules, and market forces. Therefore, it can be argued that a standardised supply chain approach is insufficient in addressing the intricacies specific to each sector. Customised solutions consider these variables, providing a personalised approach that is in line with the specific requirements of the industry.

Optimizing Operations for Efficiency:

The possibility for operational optimisation is a fundamental advantage of customising supply chain strategies to align with industry requirements. The utilisation of generic methodologies frequently leads to operational inefficiencies, manifesting in the form of surplus inventories, delays in processes, and bottlenecks. In contrast, customised solutions optimise operational efficiency by matching processes with the specific demands of the industry.

Industries characterised by significant fluctuations in demand may derive advantages from using agile supply chain methods that provide swift adaptations in production and distribution processes. Conversely, industries characterised by consistent and predictable demand patterns should prioritise the implementation of lean supply chain methods as a means to mitigate inefficiencies and achieve cost reductions. By optimising the supply chain in this manner, organisations can improve operational efficiency and responsiveness.

Reducing Costs and Enhancing ROI:

The issue of cost containment continues to be a persistent worry for firms operating in various sectors. Customised supply chain solutions are of paramount importance in effectively addressing this challenge. Tailoring tactics to the specific needs of an industry leads to the minimization of wastage, more efficient allocation of resources, and optimisation of costs. Experience real-time visibility, control, and savings. Invest in the best Supply chain management software in Australia offered by VNC Global!

Industries characterised by rigorous compliance requirements might derive advantages from supply chain strategies that prioritise the principles of traceability and transparency. By incorporating technology such as blockchain, enterprises can effectively verify regulatory adherence while concurrently mitigating the potential financial repercussions associated with product recalls. This technique not only results in cost savings but also serves to protect the reputation of the brand.

Fostering Industry-Specific Growth:

Customised supply chain solutions encompass more than just enhancing operational efficiency; they also play a significant role in fostering growth within certain industries. Industries undergo a natural progression, characterised by the impact of technology breakthroughs, market dynamics, and consumer preferences. The use of supply chain strategies customised to these elements facilitates the ability of firms to maintain agility and adaptability.

Consider the pharmaceutical business as an illustrative case. The emergence of personalised medication and the requirement for temperature-sensitive distribution may render conventional supply chain models inadequate. The implementation of a tailored approach that integrates cold chain logistics and real-time tracking systems guarantees the secure and effective transportation of delicate pharmaceuticals. The ability to adapt enables firms to effectively capitalise on emerging opportunities and navigate industry shifts.

Strengthening Industry Collaboration:

The implementation of tailored supply chain solutions frequently necessitates industry-wide collaboration and strategic collaborations. The act of exchanging best practices, insights, and resources is of utmost importance in order to collectively enhance operational efficiency. The cooperative efforts between entities not only yield advantages for individual enterprises but also contribute to the overall enhancement of the industry.

businesses characterised by intricate regulatory obligations have the potential to engage in collaborative efforts aimed at addressing compliance challenges. By pooling their resources, these businesses can collectively work towards the development of innovative technologies that facilitate the process of adhering to regulatory standards. Collaborative endeavours not only alleviate operational difficulties but also cultivate a sense of brotherhood among participants within the sector.

Final Thoughts:

In the contemporary landscape characterised by a wide range of industries and their corresponding complexities, the adoption of customization has emerged as a crucial strategy in the realm of supply chain management. Customising tactics to cater to the unique requirements of the sector allows organisations to enhance operational efficiency, minimise expenditures, and facilitate industry-specific expansion.

In a contemporary context where the ability to adapt and be agile is of utmost importance for achieving success, the adoption of tailored supply chain solutions is not only a choice but rather a strategic need. In the context of ongoing industrial development, enterprises that place emphasis on customised supply chain strategies establish themselves as frontrunners, equipped to effectively address the distinctive requirements of their specific environments. Supply chain excellence made attainable. Connect with VNC Global for tailored Supply chain management consulting in Australia.

[demandplanning-forecast]

Collaborative Demand Planning

Collaborative Demand Planning

Setting up a Consensus Process

Gathering Promotional and event intelligence

Evaluating promotional lifts

Achieving consensus with the Sales Group

Customer Collaboration

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[valuechainplanning-vmi-cmi]

Value Chain Planning - How is Co-managed Inventory (CMI) different from VMI? 

CMI is similar to VMI except the supplier manages the replenishment process and develops forecasts in the customer’s system. A key example of this process will be the supplier process adopted by Wal-mart as well as the JDA E3 process used by the Drug Chains like Eckerd, Rite-Aid, and CVS. 

The customer provides system access to the supplier. 

The supplier has visibility to POS at the store level, Store & DC inventory and reviews the information and generates an order in the customer's system. 

The key difference is that the order placed by the supplier is still a recommendation and is not a firm order until approved by the customer. In a VMI process, the order generated by the supplier on the customer's behalf is a firm order to deliver product and bill the customer. 

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[valuechainplanning-collaborative]

Value Chain Planning - Test of Collaboration:

Is there good Communication between collaboration Partners?

Honest and open communication. This should be clearly spelled out in the up-front business agreement. If there are constraints here then there is little chance the collaboration effort will succeed

Frequent and timely communication. This is key. Communication forums, teleconference or in-person meeting, should be set up for the periodic exchange of information. This may be weekly by phone or monthly in-person or whatever the parties think is optimal depending on their industry and business considerations

Are they communicating the right information?

Forecast Content. The process design should clearly outline what should be in the forecast that is shared. What items are included? What time period is covered? Clear process design and buy-in by both parties at the start will substantially help the success of the process

Accuracy of the Forecast. As with any demand planning process, forecast accuracy is the key. Achieving forecast accuracy depends on the accuracy of the information that is shared as well as timeliness. If the demand information that is shared by the customer is inaccurate, a tight collaborative relationship will spread this incorrect forecast throughout the supply chain

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