Inventory Optimization: Opportunities & Current Rule Evaluation

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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 Optimization Part 1 of 2 – Webinar Preview Opportunities & Current Rule Evaluation 2014

Transcript of Inventory Optimization: Opportunities & Current Rule Evaluation

Page 1: 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

Page 2: Inventory Optimization: Opportunities & Current Rule Evaluation

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!

Page 3: Inventory Optimization: Opportunities & Current Rule Evaluation

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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

Page 4: Inventory Optimization: Opportunities & Current Rule Evaluation

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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

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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

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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

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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