Supplyvue in practice: Industrial
Creating a stable plan by applying production wheel planning
CHALLENGE
APPROACH
AS-IS ASSESSMENT
SUMMARY DIAGNOSTIC
FUTURE STATE
BUSINESS IMPACT
CHALLENGE
Despite having relatively predictable demand and high inventories, this industrial manufacturer still suffered occasional shortages of items and had to change production plans and schedules constantly in order to maintain service levels. Operating costs were unnecessarily high and day-to-day running of the supply chain was absorbing a disproportionate amount of management time due to fire-fighting.
APPROACH
The SupplyVue analytics tool was used to capture the supply chain transactional and planning data to understand the context and run an analysis of the current supply chain performance.
AS-IS ASSESSSMENT
Sales profile - daily buckets
AS-IS ASSESSSMENT
Sales profile - weekly buckets
AS-IS ASSESSSMENT
Stock against sales
AS-IS ASSESSSMENT
Replenishment policy assessment
AS-IS ASSESSSMENT
Weekly capacity requirement
AS-IS ASSESSSMENT
Conformance to schedule
SUMMARY DIAGNOSTIC
Demand signal was not stable
Opportunity to synchronise supply chain to the weekly demand pattern
Opportunity to standardise replenishment lead times
Too many short term changes
FUTURE STATE
Segmentation analysis
FUTURE STATE
Production wheel definition
FUTURE STATE
Capacity & cost comparison + inventory impact analysis
BUSINESS IMPACT
20% reduction in changeover time and cost
Levelled demand to stabilise and reduce shift patterns
Reduce inventory levels through reduced cycle times & increased conformance to plan
Dramatic reduction is scheduling changes
