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Suply Chain Analytics by Dr. DV Ramana
Suply Chain Analytics by Dr. DV Ramana
Analytics Techniques
Modeling
Create models to simulate, explore, contingencies, and optimize supply chains
Scheduling
Creating a detailed schedules for the flow of resources and work through a
process.
If scheduling models are FINITE, then they take the factory capacity limits into
account when scheduling orders
Social media
Web search
Weather forecast
Speed
Net work
Accuracy
Supply chain helps a business track where products are and where they have
come from
Supply chains are rich places to look for competitive advantage, partly because of
their complexity and partly because of the significant role they play in a companys
cost structure.
With the power of new analytics, companies can now fine-tune their supply chains
in a way that simply werent possible in the past.
A big reason for this kind of underperformance is the fact that supply chain visibility and analytical models are
typically grounded in hindsight.
Making decisions based only on what happened in the past no longer provides competitive advantage.
Even top supply chain performers have faced embarrassing stock-outs during periods of
unanticipated demand in recent years.
A big reason for this kind of underperformance is the fact that supply chain
visibility and analytical models are typically grounded in hindsight.
Making decisions based only on what happened in the past no longer provides
competitive advantage.
Benefits
Insights that make a difference
Use historical enterprise data to feed predictive models that support more informed
decisions
Link supply chain models to customer and pricing analytics to clarify the whole
profitability picture, not just the parts and pieces
Optimize freight utilization by improving loading levels and routing, reducing cost to serve and improving service levels
Eliminate wastages and improve margins
Improve forecast accuracy
Improve forecast accuracy
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KPIsINVENTORY OPTIMIZATIONWhat inventory buffers should I hold and where should I position?
Segmentation for tailored fulfillment strategies
Inventory Costs
Optimize for transportation and ensure feasibility to address handling, storage and warehouse constraints
In-store Availability
SUPPLY CHAIN METRICS MEASUREMENT AND REPORTING How is my supply chain performing and where should I improve?
Definitions of balanced KPIs & goals aligned to function areas & strategy
DEMAND ANALYTICSWhat is my demand forecast and how is it tracking with retail sales?
Point of sale based forecasting at Retailer / DC / Store level
Deviation analysis between Forecast vs. Actual sales, which stores, which SKUs
In-store Availability
Forecast Accuracy
Lost Sales
NETWORK PLANNING & OPTIMIZATIONDo I have the right network and the optimal network flows?
Number and locations of manufacturing facilities, warehouses etc.
Variable Cost