Inventory Optimization: Opportunities & Current Rule Evaluation
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Transcript of Inventory Optimization: Opportunities & Current Rule Evaluation
a member of The Business Maturity Group copyright © 2014 Reveal. All rights reserved.1
oVo – Ongoing Value Optimization:
a member of The Business Maturity Group
Patrice Matthias
Inventory OptimizationPart 1 of 2 – Webinar Preview
Opportunities & Current Rule Evaluation
2014
a member of The Business Maturity Group copyright © 2014 Reveal. All rights reserved.2
What we do…
Reveal evaluates organizations Business
Maturity within their ERP system, then helps them achieve REAL business VALUE, by better utilizing their current ERP environment and system tools!
a member of The Business Maturity Group copyright © 2014 Reveal. All rights reserved.3
Agenda
1. What is Optimization?
2. Where is the Priority?
3. How are your current rules working?
4. Take home tips and Wrap Up
Part 1 of 2
a member of The Business Maturity Group copyright © 2014 Reveal. All rights reserved.4
COSTS
SERVICE LEVELIncrease Service Levels
Increase Availability
Eliminate Stock Outs
Optimize
Reduce
AvailableStability
Predictability
Process Deviation
Manual Intervention
Reduce COSTS
Process
Performance
COSTS
Inventory
Value
Inventory Analysis• Averages
• Dead
• Slow Moving
• Stock Outs
• High Movers
Using LIS & Doc Evaluation
Overdue Elements• Housekeeping
• Data Integrity
Data Grouping & Prioritizing
Exception Monitoring• Red Traffic Lights
• Exceptions Messages
• Data / MRP Rules
• Behavior
• Process
1. Value Opportunities $
2. Business Ownership / data grouping
3. Process Control & Stability
4. Process Optimization & Automation
5. Exception Management Minded
6. Archiving
Business Value Opportunities
a member of The Business Maturity Group copyright © 2014 Reveal. All rights reserved.5
Focused Education:• Integration• Exception monitoring• KPI-building across integration• Reporting and analysis• Business-to-business presentation• Management in real time
SAP R/3
HR
System
Objectives:• Put management inside the system• Give management the vision and
the ability to lead their teams into integration
• Structure the organization to suit integration
• Educate the organization on how to monitor exceptions, run reports, and do analysis
ManagementD
ash
bo
ard
dev
elo
pm
ent
in S
AP
Exceptions
Process
Analysis
Managing Inside the System
a member of The Business Maturity Group copyright © 2014 Reveal. All rights reserved.6
The Big Picture
People
Technology
Process
Education +Certification +
Ownership/Accountability +Individual KPI’s +
Team Structure +Job Descriptions +Presentation +
+ Planning inside SAP+ Capacity Planning
+ Process Integration+ Exception Management+ End to End visibility
+ Dash Boarding+ Audit Trail
+ One Truth+ Cross Functional
+ Planning Tools+ Transactional Tools+ Execution Tools+ Analytic Tools+ Real Time Data
Job DescriptionsCertificationkpi’s
LIVE the PLAN
Functional Integration
Planning Integration
Execution Integration
a member of The Business Maturity Group copyright © 2014 Reveal. All rights reserved.7
Watch this webinar:
This is a preview of a webinar recorded on 8/19/2014
Visit www.ReveaValue.com to download the full presentation: http://bit.ly/1w27kOc
www.revealvalue.com/resources#webinars