Designing and deploying a supply chain improvement process requires operations expertise, a strong understanding of all operational processes and involves numerous data sources. Making the right choice when you face critical business decisions comes down to having the right plan.
Profit InsightTM is the five-step supply chain improvement process that we have employed to ensure our clients have an optimal supply chain network.
The Profit InsightTM
5-Step Improvement Process
1. Identify Business Requirements
We begin with an information exchange, which is designed to identify all of the decisions that you will face through your network implementation. We study your expansion plans, capacity utilization, inventory management, product mix, business consolidation and other essential requirements.
Next, we identify the nature and priority of your supply chain objectives. In some instances, your decisions may be to simply maximize profitability. In other cases, your primary goal may be to improve your customer service. We will work with you to prioritize these goals so that your plan reflects a true alignment to these objectives.
Your business has very specific operational constraints, including customer service policies, supplier practices, manufacturing capabilities and transportation policies. We identify each of these requirements and design your plan to match all of your operating goals.
2. Identify and Collect Data
Understanding your business requirements and operating policies is a good starting place. But, to ensure that your network design is truly optimized to your set of objectives, decisions must be defined and supported by your business data. Even the most efficient businesses with comprehensive ERP and SCM systems have fragmented data sources that reside in a number of operating groups. We identify all of your required sources and aggregate this data in to a central location.
3. Analyze and Optimize Supply Chain Design
With your data collected, we begin the process of testing various scenarios. We apply advanced mathematical optimization techniques to match these scenarios to your business operating requirements.
4. Draft a Network Design
Make design and operating recommendations, report to the key stakeholders in the business.
5. Feedback and Refinement
Work with stakeholder feedback to refine and re-analyze network design options.