Business Challenge: Data analytics for better supply chain visibility. A leading manufacturing company in the US wanted to deploy data analytics based solution for improving supply chain visibility.
Situation: ERP tool did not provide end to end supply chain visibility.
The client had an ERP tool, but did not have end-to-end visibility of its supply chain. They wanted us to design a data based solution which could provide complete value chain visibility, starting from raw materials, to finished goods.
Solution/Approach: Framework of ‘smart item code’ methodology for raw materials, WIP inventory and finished goods.
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We carried out an exhaustive analysis of the processes, data capture methodologies and reporting framework. We created a framework of ‘smart item code’ methodology for raw materials, WIP inventory and finished goods. We also integrated the data from all these systems with the Bill-of-Material (BOM) system and set-up a data based tracking system.
Impact: 100% visibility into supply chain
Client gained an excellent system for tracking the inventory from raw material to finished goods and order fulfilment. This also helped the clients in achieving visibility on materials BOM and order BOM with integration of smart item codes with back tracking capability. This helped facilitate reductions in the inventory carrying costs, recovered sales, supplier costs, operational costs, overall spend, etc.