SCM (Supply Chain Management) is an essential element of manufacturing and retail. CPFR is a business model, that allows the collaborative planning and forecasting which in turn aims at increasing sales and fulfilling consumer demand.
CPFR (Collaborative Planning, Forecasting, and Replenishment) allows trading partners like suppliers and retailers to work together to better meet consumer demand through information sharing and joint planning. There are three levels of CPFR engagement from basic to advanced. CPFR evolved from earlier practices like Efficient Consumer Response and Continuous Replenishment Programs to further improve coordination and reduce costs. Implementing CPFR can result in benefits like improved inventory management, customer service, and profitability for both retailers and suppliers.
CPFR is a business practice where trading partners collaboratively plan forecasts and replenishments to better fulfill consumer demand. It evolved from earlier practices like Efficient Consumer Response and Continuous Replenishment Programs. CPFR follows a 9-step process and provides benefits like improved forecast accuracy, reduced inventories, and increased sales and customer satisfaction for both retailers and manufacturers. Over 500 companies have implemented CPFR to varying degrees.
CPFR (Collaborative Planning, Forecasting and Replenishment) is a business practice that combines the intelligence of multiple trading partners to improve supply chain efficiency and customer demand fulfillment through information sharing, joint forecasting, and coordinated logistics. The goal of CPFR is to transform supply chains from an ineffective "push" system to a demand-driven "pull" system, reducing costs for retailers and manufacturers while increasing sales, inventory levels, and customer service. CPFR provides templates and standards for collaboration between supply chain partners at various stages from planning and forecasting to execution and analysis.
CPFR (Collaborative Planning, Forecasting and Replenishment) is a business practice where trading partners work together to plan and fulfill customer demand. The objective is to increase availability for customers while reducing inventory and logistics costs. There are three modes - basic, developed, and advanced - that involve different levels of data exchange and process integration between partners. CPFR follows a cycle of four collaborative activities with two tasks each: strategy and planning, demand and supply management, execution, and analysis. Benefits include improved customer service, lower inventories, reduced costs, and stronger partner relationships.
This document discusses collaborative planning, forecasting and replenishment (CPFR) opportunities and challenges in India. It begins by outlining problems with current supply chain models and the benefits of CPFR, such as improved demand forecasting and responsiveness. The document then provides an overview of the CPFR model and how it can counteract the "bullwhip effect". Several case studies of international companies implementing CPFR are described. Implementation of CPFR by Indian companies like Godrej and HP is also examined. The document concludes with the results of primary research on CPFR practices in Indian companies.
Collaborative Planning, Forecasting And Replenishment Harishankar Sahu
Collaborative planning, forecasting and replenishment (CPFR) is a business process where trading partners work together and continuously share information to improve forecasting and integrate replenishment planning. It aims to increase sales and profits through better inventory management and fulfillment of consumer demand. CPFR was piloted successfully between Superdrug and Johnson & Johnson, resulting in a 13% average reduction in stock levels and a 21% improvement in forecast accuracy. Procter & Gamble also uses CPFR to achieve 100% product availability while reducing retail and supplier inventory levels. The key is establishing collaborative processes through information sharing and joint business planning between partners.
CPFR - Model for Supply Chain Co-ordinationCHIN Kok Poh
Collaborative Planning Forecast and Replenishment is a supply chain management practice for multi-tier co-ordination. This slides incoporate CPFR, Unified Communications, RFID, RTLS and Portal Collaboration technologies to execute advanced CPFR.
The document discusses supply chain control towers, which provide transparency and real-time exception management across the value chain through a holistic view of the end-to-end supply chain. A control tower brings together functionality from across the enterprise to provide the right information to the right people at the right time. It acts as a single point of contact and integrator of information between multi-location, multi-party systems. Benefits include reduced costs, accurate demand planning, increased visibility and on-time deliveries, and improved decision-making through monitoring of key performance indicators. The control tower fits within existing systems and processes to identify gaps and opportunities for improvement.
CPFR (Collaborative Planning, Forecasting, and Replenishment) allows trading partners like suppliers and retailers to work together to better meet consumer demand through information sharing and joint planning. There are three levels of CPFR engagement from basic to advanced. CPFR evolved from earlier practices like Efficient Consumer Response and Continuous Replenishment Programs to further improve coordination and reduce costs. Implementing CPFR can result in benefits like improved inventory management, customer service, and profitability for both retailers and suppliers.
CPFR is a business practice where trading partners collaboratively plan forecasts and replenishments to better fulfill consumer demand. It evolved from earlier practices like Efficient Consumer Response and Continuous Replenishment Programs. CPFR follows a 9-step process and provides benefits like improved forecast accuracy, reduced inventories, and increased sales and customer satisfaction for both retailers and manufacturers. Over 500 companies have implemented CPFR to varying degrees.
CPFR (Collaborative Planning, Forecasting and Replenishment) is a business practice that combines the intelligence of multiple trading partners to improve supply chain efficiency and customer demand fulfillment through information sharing, joint forecasting, and coordinated logistics. The goal of CPFR is to transform supply chains from an ineffective "push" system to a demand-driven "pull" system, reducing costs for retailers and manufacturers while increasing sales, inventory levels, and customer service. CPFR provides templates and standards for collaboration between supply chain partners at various stages from planning and forecasting to execution and analysis.
CPFR (Collaborative Planning, Forecasting and Replenishment) is a business practice where trading partners work together to plan and fulfill customer demand. The objective is to increase availability for customers while reducing inventory and logistics costs. There are three modes - basic, developed, and advanced - that involve different levels of data exchange and process integration between partners. CPFR follows a cycle of four collaborative activities with two tasks each: strategy and planning, demand and supply management, execution, and analysis. Benefits include improved customer service, lower inventories, reduced costs, and stronger partner relationships.
This document discusses collaborative planning, forecasting and replenishment (CPFR) opportunities and challenges in India. It begins by outlining problems with current supply chain models and the benefits of CPFR, such as improved demand forecasting and responsiveness. The document then provides an overview of the CPFR model and how it can counteract the "bullwhip effect". Several case studies of international companies implementing CPFR are described. Implementation of CPFR by Indian companies like Godrej and HP is also examined. The document concludes with the results of primary research on CPFR practices in Indian companies.
Collaborative Planning, Forecasting And Replenishment Harishankar Sahu
Collaborative planning, forecasting and replenishment (CPFR) is a business process where trading partners work together and continuously share information to improve forecasting and integrate replenishment planning. It aims to increase sales and profits through better inventory management and fulfillment of consumer demand. CPFR was piloted successfully between Superdrug and Johnson & Johnson, resulting in a 13% average reduction in stock levels and a 21% improvement in forecast accuracy. Procter & Gamble also uses CPFR to achieve 100% product availability while reducing retail and supplier inventory levels. The key is establishing collaborative processes through information sharing and joint business planning between partners.
CPFR - Model for Supply Chain Co-ordinationCHIN Kok Poh
Collaborative Planning Forecast and Replenishment is a supply chain management practice for multi-tier co-ordination. This slides incoporate CPFR, Unified Communications, RFID, RTLS and Portal Collaboration technologies to execute advanced CPFR.
The document discusses supply chain control towers, which provide transparency and real-time exception management across the value chain through a holistic view of the end-to-end supply chain. A control tower brings together functionality from across the enterprise to provide the right information to the right people at the right time. It acts as a single point of contact and integrator of information between multi-location, multi-party systems. Benefits include reduced costs, accurate demand planning, increased visibility and on-time deliveries, and improved decision-making through monitoring of key performance indicators. The control tower fits within existing systems and processes to identify gaps and opportunities for improvement.
This document discusses improving supply chain performance by linking it to the balanced scorecard. It outlines current supply chain measures and perspectives in the balanced scorecard. It then proposes linking the two by identifying performance measures that align the internal, financial, innovation/learning, and customer perspectives of the balanced scorecard with goals like unit cost reduction, time reduction, waste reduction, and flexible response in the supply chain. Aligning key performance indicators across these perspectives can help optimize supply chain performance.
A supply chain is a network of facilities and distribution that procures materials, transforms them into products, and distributes the finished products to customers. It exists in both manufacturing and service organizations. The goals are to maximize overall value for customers and profitability by balancing revenue and costs across the supply chain. Key stages include suppliers, manufacturers, distributors, retailers, and customers. Effective supply chain management considers facilities, inventory, transportation, information, sourcing, and pricing. Businesses will seek to grow in complex and changing environments through demand management, warehouse optimization, transportation coordination, collaboration, and supply chain analytics.
This is a possible model to deploy Collaborative Planning Forecasting and Replenishment for a multi-tier supply chain. It illustrates the effects of collaboration in the various layers of the supply chain.
Continuous replenishment and vendor managed inventoryDr. Tapish Panwar
This document discusses the implementation of a vendor managed inventory (VMI) system between a global energy management specialist company and its distributors. Key benefits included decreased stockouts and inventory levels for distributors through improved forecasting, as well as workload and cost reductions. The VMI system provided visibility into sales data to help manufacturers plan production more efficiently. The implementation led to stronger partnerships between companies in the supply chain.
The document discusses supplier relationship management as a key process in supply chain management. It defines supply chain management as integrating business processes from suppliers to end customers to add value. It describes supplier relationship management as providing the structure for developing and maintaining relationships with suppliers, including performance agreements to balance the needs of both parties. The goal is to improve customer service, costs, and profits through collaborative relationships rather than transactional interactions.
Chapter 14 sourcing decisions in a supply chainsajidsharif2022
1. The document discusses key concepts related to sourcing decisions in a supply chain, including the role of sourcing, factors that affect outsourcing decisions, and total cost of ownership.
2. It covers dimensions of supplier performance that impact costs, mechanisms for supplier selection like auctions and negotiations, and approaches for risk sharing between buyers and suppliers.
3. The document also discusses designing a tailored supplier portfolio and strategies for making effective sourcing decisions in practice through multifunctional teams, coordination across regions, evaluating total cost, and building long-term supplier relationships.
Digitization will reinvent the world economy with individuals, businesses, and societies becoming
interconnected in real time. This new digital economy is more collaborative, intelligent,
responsive, and efficient, with dramatic increases in productivity and economic value.
The digital economy will transform the way we live and work, how business runs, and how society
functions – and it will do this in a timeframe that is much shorter than any other major economic
transition in history.
The document discusses collaborative planning, forecasting and replenishment (CPFR). CPFR is a business practice where trading partners work together on planning and fulfilling customer demand. It aims to increase availability for customers while reducing costs. The key elements of CPFR include joint business planning, sales forecasting, order forecasting, and resolving any exceptions collaboratively. CPFR follows a cyclical process where trading partners jointly create sales forecasts, order forecasts, identify exceptions, and resolve them to continuously improve forecasts.
Global supply chain management involves planning and coordinating all supply chain activities, including sourcing, procurement, manufacturing, logistics, and distribution. It aims to integrate supply and demand management across companies and their suppliers and customers. The global supply chain includes suppliers, corporations, and customers, with the flow of information, products, and funds between them. Key supply chain activities are purchasing, manufacturing, logistics, distribution, transportation, and marketing. The supply chain can be simple, involving a supplier, company, and customer, or extended to include additional suppliers, customers, and service providers.
This document discusses last mile delivery. It defines last mile delivery and explains its importance for meeting customer expectations of fast delivery. It provides examples of last mile delivery for both B2C and B2B contexts. The document also outlines some of the key challenges of last mile delivery like high costs, late deliveries, and outdated technology. It explains that last mile delivery is expensive due to consumer expectations of fast shipping and real-time tracking, as well as issues related to failed deliveries that increase replacement costs. Finally, it discusses some improvements in last mile delivery like route optimization, auto-dispatch systems, real-time tracking, and analytics that help increase efficiency and lower costs.
Grainger and McMaster Carr are two major industrial suppliers that specialize in next-day delivery of maintenance, repair, and operating (MRO) supplies. Both companies maintain extensive product catalogs with over 500,000 products and focus on servicing commercial and industrial customers. Grainger utilizes a multichannel business model including sales representatives, e-commerce, inventory management solutions, and an extensive branch network to provide customers with flexibility in ordering. McMaster Carr also focuses on next-day delivery and maintaining a wide selection of products from a single source to meet customer needs.
Business depend on their supply chains to provide necessary products and services. A supply chain consists of all organizations involved in fulfilling customer needs, including manufacturers, suppliers, transporters, warehouses, retailers, and customers. Supply chain management involves coordinating these participants to deliver products to market efficiently and effectively. The goals of supply chain management are to improve customer service, increase internal efficiencies, and boost returns for all members of the supply chain. Key areas of focus include information sharing, production planning, inventory management, facility location selection, and transportation coordination.
What is Last Mile Delivery Part 2: Adapting to Retail and e-Commerce Order Fu...Angela Carver
The increasing popularity of omni-channel retailing has created many challenges for transportation and logistics providers servicing retailers. This has forced transportation operations to think outside of the box and make significant changes to their service offering portfolios. Omni-channel retailing has made fulfilling customer orders efficiently and cost effectively much more complex with a variety of new distribution strategies.
E-commerce orders grew 47% between 2009 and 2014 in comparison to only 6% at brick and mortar store locations. E-commerce sales are expected to reach $2.3 trillion by 2017. This shift in retail channel utilization has increased the order fulfillment needs and associated labor costs. Retailers are evaluating existing distribution networks to verify they can handle the added volume and are seeking out additional delivery solutions as a supplement. In many cases, these additions are in the form of local and regional distribution centers.
Rising shipping costs have also been a significant challenge for last mile delivery as they account for approximately 28% of total transportation costs. Shippers have many options for counteracting rising shipping costs including: intermodal freight utilization to link logistics clusters, shipment consolidation with crossdocking, primary delivery channel elimination and click-to-collect/ parcel locker centers to consolidate parcel drop-offs.
Governmental regulations have also created problems related to last mile logistics, both in the US and abroad. Regulations such as vehicle size and weight limitations, parking policies and noise restrictions. To avoid these issues some transportation operations are investing in smaller delivery vehicles for use in local regional delivery operations. These vehicles are typically more compliant with imposed noise and size restrictions. In areas where even these smaller vehicles are not an option some logistics providers have started to offer bike delivery and contracted one-time delivery services through businesses such as Uber.
Demand for up-to-date order information has also become an issue for many omni-channel retailers. Customers now want to know when their order has been accepted, processed, shipped and delivered. In order to provide this level of detail omni-channel supply chains are implementing inventory management software such as WMS with customer relationship management capabilities to provide real-time information to customers.
In order to provide a positive final impression on consumers retailers must focus on last mile logistics. Focusing on these potential solutions can help retailers to improve the effectiveness, efficiency and cost of last mile delivery operations. Learn more from Datex experts now at marketing@datexcorp.com or www.datexcorp.com .
Manage your business logistics process through our predesigned supply chain management logistics PowerPoint presentation slides. These PPT slides will help in improving your business supply chain function to improve your end customer’s satisfaction rate as the customers always value the fast and accurate service. Thus supply chain function is considered as the backbone which supports the business existence and reliability in the economic market. Additionally, use this supply chain PowerPoint template to take the competitive edge over others, manage your business cost and more. You can also explain various other relevant topics with this PPT slide template such as cost management, logistic services, transportation services, procurement, and operations management and many more like this. This PPT configuration will depict the centrality of the organization's method as it develops the future business prospects and helps in your general business improvement. Thus start engaging your investors with these skilled predesigned icons PPT layout. Entertain folks with a comic interlude through our Supply Chain Management Logistics PowerPoint Presentation Slides. It allows you to act the joker.
7-Eleven Japan uses a responsive supply chain model to quickly replenish high demand convenience store items. This involves high store density, efficient POS data collection and analysis, and multiple daily deliveries. Risks include cost management and maintaining quality. It aims to closely match supply and demand through rapid replenishments but this is costly and relies on IT systems. Key aspects of its strategy include market dominance for facility location, a total information system, flexible inventory and distribution, and combined deliveries from multiple suppliers to stores during off-peak hours. Distribution centers allow for fresh products and careful sales tracking, though direct delivery is more cost efficient for manufacturers.
Project Proposal Sample: RFID on Warehouse Management SystemCheri Amour Calicdan
This document is a thesis submitted for a Master's degree in Information Technology that proposes developing a Warehouse Management System integrated with RFID technology. The project aims to automate manual processes at a warehouse to reduce errors, improve data accuracy, increase speed and control over inventory. Currently the warehouse relies on a paper-based semi-automated system with 65 personnel which is inefficient and ineffective. The proposed system would use RFID readers on forklifts and fixed locations, along with RFID tags on assets and shelves, to automate tracking and provide real-time inventory and reports. This is intended to streamline operations and address bottlenecks affecting the production cycle.
Digital Supply Chain: the start of a new eraBluecrux
95% of Supply Chain leaders struggle with how to drive improvement in their Supply Chain and only 5% are making progress.
In this presentation, you'll get a market overview of emerging technologies and approaches you can apply to drive value. Are you ready to become part of that 5%?
Presented by Lora Cecere, Founder Supply Chain Insights on Supply Chain 4.0 : ready to operate in the digital era? (29 Nov, 2018)
Kinaxis revolutionizes planning by delivering the agility you need to make fast, confident decisions in an unpredictable world for your integrated business planning and digital supply chain. We combine human intelligence with AI and our unique concurrent planning technique so you can plan better, live better and change the world.
Warehouse logistics involves planning, organizing, and managing all operations within a warehouse. This includes inventory management, shipping and receiving, safety policies, and human resources. Effective warehouse logistics is key to running warehouse operations smoothly. Implementing a warehouse management system is important for improving warehouse logistics by providing real-time inventory visibility, optimizing processes, and increasing efficiency. However, warehouse logistics are influenced by human factors like employee training and changes within the physical warehouse, so ongoing adaptation is needed.
This document provides an overview of a Collaborative Planning, Forecasting and Replenishment (CPFR) chapter meeting. The agenda includes an introduction to Hain Celestial, a CPFR presentation, polling, and a Q&A session. The objectives are to learn when to use CPFR, how to set up an effective CPFR process, the expected benefits, how to integrate CPFR, and next steps. CPFR is a process where trading partners collaborate on demand planning and operations to improve forecast accuracy, inventory levels, and sales through increased information sharing.
Standard Operating Processes for AlliancesArka Sengupta
This document outlines standard operating processes for forming alliances. It discusses evaluating market demand and competitors, identifying potential partners, analyzing partners, collecting contact details, contacting partners, sending business proposals, following up, conducting meetings, achieving mutual understanding, and finalizing agreements. The goal is to establish strategic alliances that address customer needs while managing risks and maintaining strategic options for both partner organizations.
This document discusses improving supply chain performance by linking it to the balanced scorecard. It outlines current supply chain measures and perspectives in the balanced scorecard. It then proposes linking the two by identifying performance measures that align the internal, financial, innovation/learning, and customer perspectives of the balanced scorecard with goals like unit cost reduction, time reduction, waste reduction, and flexible response in the supply chain. Aligning key performance indicators across these perspectives can help optimize supply chain performance.
A supply chain is a network of facilities and distribution that procures materials, transforms them into products, and distributes the finished products to customers. It exists in both manufacturing and service organizations. The goals are to maximize overall value for customers and profitability by balancing revenue and costs across the supply chain. Key stages include suppliers, manufacturers, distributors, retailers, and customers. Effective supply chain management considers facilities, inventory, transportation, information, sourcing, and pricing. Businesses will seek to grow in complex and changing environments through demand management, warehouse optimization, transportation coordination, collaboration, and supply chain analytics.
This is a possible model to deploy Collaborative Planning Forecasting and Replenishment for a multi-tier supply chain. It illustrates the effects of collaboration in the various layers of the supply chain.
Continuous replenishment and vendor managed inventoryDr. Tapish Panwar
This document discusses the implementation of a vendor managed inventory (VMI) system between a global energy management specialist company and its distributors. Key benefits included decreased stockouts and inventory levels for distributors through improved forecasting, as well as workload and cost reductions. The VMI system provided visibility into sales data to help manufacturers plan production more efficiently. The implementation led to stronger partnerships between companies in the supply chain.
The document discusses supplier relationship management as a key process in supply chain management. It defines supply chain management as integrating business processes from suppliers to end customers to add value. It describes supplier relationship management as providing the structure for developing and maintaining relationships with suppliers, including performance agreements to balance the needs of both parties. The goal is to improve customer service, costs, and profits through collaborative relationships rather than transactional interactions.
Chapter 14 sourcing decisions in a supply chainsajidsharif2022
1. The document discusses key concepts related to sourcing decisions in a supply chain, including the role of sourcing, factors that affect outsourcing decisions, and total cost of ownership.
2. It covers dimensions of supplier performance that impact costs, mechanisms for supplier selection like auctions and negotiations, and approaches for risk sharing between buyers and suppliers.
3. The document also discusses designing a tailored supplier portfolio and strategies for making effective sourcing decisions in practice through multifunctional teams, coordination across regions, evaluating total cost, and building long-term supplier relationships.
Digitization will reinvent the world economy with individuals, businesses, and societies becoming
interconnected in real time. This new digital economy is more collaborative, intelligent,
responsive, and efficient, with dramatic increases in productivity and economic value.
The digital economy will transform the way we live and work, how business runs, and how society
functions – and it will do this in a timeframe that is much shorter than any other major economic
transition in history.
The document discusses collaborative planning, forecasting and replenishment (CPFR). CPFR is a business practice where trading partners work together on planning and fulfilling customer demand. It aims to increase availability for customers while reducing costs. The key elements of CPFR include joint business planning, sales forecasting, order forecasting, and resolving any exceptions collaboratively. CPFR follows a cyclical process where trading partners jointly create sales forecasts, order forecasts, identify exceptions, and resolve them to continuously improve forecasts.
Global supply chain management involves planning and coordinating all supply chain activities, including sourcing, procurement, manufacturing, logistics, and distribution. It aims to integrate supply and demand management across companies and their suppliers and customers. The global supply chain includes suppliers, corporations, and customers, with the flow of information, products, and funds between them. Key supply chain activities are purchasing, manufacturing, logistics, distribution, transportation, and marketing. The supply chain can be simple, involving a supplier, company, and customer, or extended to include additional suppliers, customers, and service providers.
This document discusses last mile delivery. It defines last mile delivery and explains its importance for meeting customer expectations of fast delivery. It provides examples of last mile delivery for both B2C and B2B contexts. The document also outlines some of the key challenges of last mile delivery like high costs, late deliveries, and outdated technology. It explains that last mile delivery is expensive due to consumer expectations of fast shipping and real-time tracking, as well as issues related to failed deliveries that increase replacement costs. Finally, it discusses some improvements in last mile delivery like route optimization, auto-dispatch systems, real-time tracking, and analytics that help increase efficiency and lower costs.
Grainger and McMaster Carr are two major industrial suppliers that specialize in next-day delivery of maintenance, repair, and operating (MRO) supplies. Both companies maintain extensive product catalogs with over 500,000 products and focus on servicing commercial and industrial customers. Grainger utilizes a multichannel business model including sales representatives, e-commerce, inventory management solutions, and an extensive branch network to provide customers with flexibility in ordering. McMaster Carr also focuses on next-day delivery and maintaining a wide selection of products from a single source to meet customer needs.
Business depend on their supply chains to provide necessary products and services. A supply chain consists of all organizations involved in fulfilling customer needs, including manufacturers, suppliers, transporters, warehouses, retailers, and customers. Supply chain management involves coordinating these participants to deliver products to market efficiently and effectively. The goals of supply chain management are to improve customer service, increase internal efficiencies, and boost returns for all members of the supply chain. Key areas of focus include information sharing, production planning, inventory management, facility location selection, and transportation coordination.
What is Last Mile Delivery Part 2: Adapting to Retail and e-Commerce Order Fu...Angela Carver
The increasing popularity of omni-channel retailing has created many challenges for transportation and logistics providers servicing retailers. This has forced transportation operations to think outside of the box and make significant changes to their service offering portfolios. Omni-channel retailing has made fulfilling customer orders efficiently and cost effectively much more complex with a variety of new distribution strategies.
E-commerce orders grew 47% between 2009 and 2014 in comparison to only 6% at brick and mortar store locations. E-commerce sales are expected to reach $2.3 trillion by 2017. This shift in retail channel utilization has increased the order fulfillment needs and associated labor costs. Retailers are evaluating existing distribution networks to verify they can handle the added volume and are seeking out additional delivery solutions as a supplement. In many cases, these additions are in the form of local and regional distribution centers.
Rising shipping costs have also been a significant challenge for last mile delivery as they account for approximately 28% of total transportation costs. Shippers have many options for counteracting rising shipping costs including: intermodal freight utilization to link logistics clusters, shipment consolidation with crossdocking, primary delivery channel elimination and click-to-collect/ parcel locker centers to consolidate parcel drop-offs.
Governmental regulations have also created problems related to last mile logistics, both in the US and abroad. Regulations such as vehicle size and weight limitations, parking policies and noise restrictions. To avoid these issues some transportation operations are investing in smaller delivery vehicles for use in local regional delivery operations. These vehicles are typically more compliant with imposed noise and size restrictions. In areas where even these smaller vehicles are not an option some logistics providers have started to offer bike delivery and contracted one-time delivery services through businesses such as Uber.
Demand for up-to-date order information has also become an issue for many omni-channel retailers. Customers now want to know when their order has been accepted, processed, shipped and delivered. In order to provide this level of detail omni-channel supply chains are implementing inventory management software such as WMS with customer relationship management capabilities to provide real-time information to customers.
In order to provide a positive final impression on consumers retailers must focus on last mile logistics. Focusing on these potential solutions can help retailers to improve the effectiveness, efficiency and cost of last mile delivery operations. Learn more from Datex experts now at marketing@datexcorp.com or www.datexcorp.com .
Manage your business logistics process through our predesigned supply chain management logistics PowerPoint presentation slides. These PPT slides will help in improving your business supply chain function to improve your end customer’s satisfaction rate as the customers always value the fast and accurate service. Thus supply chain function is considered as the backbone which supports the business existence and reliability in the economic market. Additionally, use this supply chain PowerPoint template to take the competitive edge over others, manage your business cost and more. You can also explain various other relevant topics with this PPT slide template such as cost management, logistic services, transportation services, procurement, and operations management and many more like this. This PPT configuration will depict the centrality of the organization's method as it develops the future business prospects and helps in your general business improvement. Thus start engaging your investors with these skilled predesigned icons PPT layout. Entertain folks with a comic interlude through our Supply Chain Management Logistics PowerPoint Presentation Slides. It allows you to act the joker.
7-Eleven Japan uses a responsive supply chain model to quickly replenish high demand convenience store items. This involves high store density, efficient POS data collection and analysis, and multiple daily deliveries. Risks include cost management and maintaining quality. It aims to closely match supply and demand through rapid replenishments but this is costly and relies on IT systems. Key aspects of its strategy include market dominance for facility location, a total information system, flexible inventory and distribution, and combined deliveries from multiple suppliers to stores during off-peak hours. Distribution centers allow for fresh products and careful sales tracking, though direct delivery is more cost efficient for manufacturers.
Project Proposal Sample: RFID on Warehouse Management SystemCheri Amour Calicdan
This document is a thesis submitted for a Master's degree in Information Technology that proposes developing a Warehouse Management System integrated with RFID technology. The project aims to automate manual processes at a warehouse to reduce errors, improve data accuracy, increase speed and control over inventory. Currently the warehouse relies on a paper-based semi-automated system with 65 personnel which is inefficient and ineffective. The proposed system would use RFID readers on forklifts and fixed locations, along with RFID tags on assets and shelves, to automate tracking and provide real-time inventory and reports. This is intended to streamline operations and address bottlenecks affecting the production cycle.
Digital Supply Chain: the start of a new eraBluecrux
95% of Supply Chain leaders struggle with how to drive improvement in their Supply Chain and only 5% are making progress.
In this presentation, you'll get a market overview of emerging technologies and approaches you can apply to drive value. Are you ready to become part of that 5%?
Presented by Lora Cecere, Founder Supply Chain Insights on Supply Chain 4.0 : ready to operate in the digital era? (29 Nov, 2018)
Kinaxis revolutionizes planning by delivering the agility you need to make fast, confident decisions in an unpredictable world for your integrated business planning and digital supply chain. We combine human intelligence with AI and our unique concurrent planning technique so you can plan better, live better and change the world.
Warehouse logistics involves planning, organizing, and managing all operations within a warehouse. This includes inventory management, shipping and receiving, safety policies, and human resources. Effective warehouse logistics is key to running warehouse operations smoothly. Implementing a warehouse management system is important for improving warehouse logistics by providing real-time inventory visibility, optimizing processes, and increasing efficiency. However, warehouse logistics are influenced by human factors like employee training and changes within the physical warehouse, so ongoing adaptation is needed.
This document provides an overview of a Collaborative Planning, Forecasting and Replenishment (CPFR) chapter meeting. The agenda includes an introduction to Hain Celestial, a CPFR presentation, polling, and a Q&A session. The objectives are to learn when to use CPFR, how to set up an effective CPFR process, the expected benefits, how to integrate CPFR, and next steps. CPFR is a process where trading partners collaborate on demand planning and operations to improve forecast accuracy, inventory levels, and sales through increased information sharing.
Standard Operating Processes for AlliancesArka Sengupta
This document outlines standard operating processes for forming alliances. It discusses evaluating market demand and competitors, identifying potential partners, analyzing partners, collecting contact details, contacting partners, sending business proposals, following up, conducting meetings, achieving mutual understanding, and finalizing agreements. The goal is to establish strategic alliances that address customer needs while managing risks and maintaining strategic options for both partner organizations.
Leading global excellence in procurement and supply Corp.docxcroysierkathey
Leading global excellence in procurement and supply
Corporate Award Submission and Assessment Feedback
Candidate Membership Number: 005560614
Programme: SABIC C6 P Integrative
Event ID: 106704820
Assessment Opportunity: 4 Integrative Assignment
This Assessment Distinction Merit Pass Fail N/A
Structure and Presentation 20%
• Creation of a logical flow of content
• Incorporation of numbered contents page, executive summary,
sections that cover conclusions and recommendations when
relevant, references and bibliography
• Ease of understanding the content included
• Layout of text, inclusion of graphics, tables, data, references,
headings, numbered paragraphs
• Use of appropriate appendices
• Composition of answers in keeping with any desired word count,
timescales or other limitation
Research 20%
• Collation of primary and/or secondary research
• Use made of quantitative and/or qualitative data
• Analysis of the research conducted
• Reasoned critique of research provided
• Acknowledged information sources
Knowledge and Approach 20%
• Demonstration of acquired understanding of theory, models,
techniques, processes, outcomes or other aspects of the syllabus
• Appropriate selection of content to formulate answers
• Methodology pursued to develop answers
Application and Insight 40%
• Application of theory, models, techniques, processes, outcomes
or other aspects of the syllabus
• Creation of proposals for change that can achieve business
improvement
• Recognition of boundaries that can affect proposals made
• Production of a business case or implementation plan when
relevant
1
Strengths and weaknesses of the assessment:
Thank you for your assignment.
This task requires you to develop a document that creates a sourcing plan for future requirements. Better
marks would therefore have been awarded if you had linked your summary promoting your main findings
and recommendations in relation to the tasks which were for you to explain:
1. The roles of procurement and supply in managing this area of expenditure underlining the inputs
that may be made by its stakeholders
2. Techniques that can be applied to the area of expenditure to improve added value
3. Inclusions that should be made in contracts formed in the future
4. Measures that can be taken to select effective suppliers
5. Any aspects of the purchase/supply that may require negotiation
Your executive summary served more as an introduction than underlining your main findings and
recommendations in relation to the selected category of tubular goods. These could therefore have focused
more directly on the roles of the procurement/ supply chain function in managing the tubular goods
category underlining the inputs that may be made by its stakeholders, the application of any techniques to
add value as well as the improvements that could be made to the contracts or to improve performanc ...
Leading global excellence in procurement and supply Corp.docxjeremylockett77
Leading global excellence in procurement and supply
Corporate Award Submission and Assessment Feedback
Candidate Membership Number: 005560614
Programme: SABIC C6 P Integrative
Event ID: 106704820
Assessment Opportunity: 4 Integrative Assignment
This Assessment Distinction Merit Pass Fail N/A
Structure and Presentation 20%
• Creation of a logical flow of content
• Incorporation of numbered contents page, executive summary,
sections that cover conclusions and recommendations when
relevant, references and bibliography
• Ease of understanding the content included
• Layout of text, inclusion of graphics, tables, data, references,
headings, numbered paragraphs
• Use of appropriate appendices
• Composition of answers in keeping with any desired word count,
timescales or other limitation
Research 20%
• Collation of primary and/or secondary research
• Use made of quantitative and/or qualitative data
• Analysis of the research conducted
• Reasoned critique of research provided
• Acknowledged information sources
Knowledge and Approach 20%
• Demonstration of acquired understanding of theory, models,
techniques, processes, outcomes or other aspects of the syllabus
• Appropriate selection of content to formulate answers
• Methodology pursued to develop answers
Application and Insight 40%
• Application of theory, models, techniques, processes, outcomes
or other aspects of the syllabus
• Creation of proposals for change that can achieve business
improvement
• Recognition of boundaries that can affect proposals made
• Production of a business case or implementation plan when
relevant
1
Strengths and weaknesses of the assessment:
Thank you for your assignment.
This task requires you to develop a document that creates a sourcing plan for future requirements. Better
marks would therefore have been awarded if you had linked your summary promoting your main findings
and recommendations in relation to the tasks which were for you to explain:
1. The roles of procurement and supply in managing this area of expenditure underlining the inputs
that may be made by its stakeholders
2. Techniques that can be applied to the area of expenditure to improve added value
3. Inclusions that should be made in contracts formed in the future
4. Measures that can be taken to select effective suppliers
5. Any aspects of the purchase/supply that may require negotiation
Your executive summary served more as an introduction than underlining your main findings and
recommendations in relation to the selected category of tubular goods. These could therefore have focused
more directly on the roles of the procurement/ supply chain function in managing the tubular goods
category underlining the inputs that may be made by its stakeholders, the application of any techniques to
add value as well as the improvements that could be made to the contracts or to improve performanc.
The ChannelPROTM methodology focuses on seven Key Performance Areas (KPA's) to improve a company's channel strategy and partnerships. The KPAs are: 1) Target Market Segmentation and Mapping to identify market opportunities and coverage gaps. 2) Whole Product to understand requirements for partner solutions. 3) Partner Selection & Recruitment to identify ideal partners. 4) Channel Enablement to create effective partners. 5) Partner Programs to motivate partners. 6) Sales Productivity to drive sales. 7) Company Alignment to integrate the channel strategy. The KPAs provide a framework to analyze and improve all aspects of a company's channel partnerships.
CPFR (Collaborative Planning, Forecasting and Replenishment) is a process that aims to improve supply chain collaboration between retailers and manufacturers. It involves 8 steps: 1) developing a front-end agreement, 2) creating a joint business plan, 3-5) collaborating on sales and order forecasting, 6-8) further collaborating on order forecasting, and 9) order generation and delivery execution. Through information sharing and collaboration at each step, CPFR seeks to reduce forecast and supply chain errors and improve overall process efficiency.
The document outlines procurement's strategic priorities and objectives to lead in responding to economic volatility. It identifies six key areas of focus: 1) optimizing costs to fund strategic initiatives, 2) inspiring cultural change for accountability, 3) collaborating with stakeholders, 4) delivering cost savings, 5) implementing tools to improve collaboration, and 6) leveraging ERP systems. The priorities are digitalization, next-gen shared services, and improving procurement leverage. Goals include partnering on a digitization strategy, reducing costs through technology and nearshore locations, and strengthening spend management through a new intake model.
Planning involves thinking ahead about what needs to be done, how it will be done, and who will do it. It is a process of selection among alternatives for future actions. Planning occurs at three levels - strategic, tactical, and operational. Strategic planning sets long-term goals, tactical planning focuses on middle management goals to support strategic plans, and operational planning develops short-term action plans at the lower levels. Effective planning involves setting objectives and choosing alternatives to meet goals in a changing environment.
The document provides an overview of the Digital Trust Framework (DTF). The key points are:
- The DTF will use the TMForum's Open Digital Architecture (ODA) as a cornerstone and integrate it with frameworks like COBIT 2019, ITIL 4, and ISO 27005 to ensure an overall digital trust approach.
- The DTF will be a blueprint for modular, cloud-based, open digital platforms that can be orchestrated using AI to suit a continuously evolving systems environment.
- The DTF will govern areas like governance concepts, design guides, microservices architecture, AI governance, and security governance among others.
- Reference architectures, components, data models, and
Unlocking the Potential Strategies for Maximizing RPO Services in IndiaAlliance International
(RPO) solutions have a lot to offer Indian businesses, but in order to reap these benefits completely, they must take smart actions. The following are crucial tactics to optimize the advantages of RPO services in India:
How to Perfectly Construct an RFP in 8 StepsThe RFP (request for.docxpooleavelina
How to Perfectly Construct an RFP in 8 Steps
The RFP (request for proposal) is a document that describes project specific requirements and expectations to suppliers with the aim of getting proposed solutions from qualified companies or vendors. The document is helpful for suppliers to establish joint understanding of requirements for a project. The details of RFP depend on scope of the project (Wilkinson & Thorson, 1998). It might involve specific services, products, or outline the expected use of technology and the requirements for project implementation. This means that RFP should be well-conceived, concise, and well-written to attract good vendors. A poorly written RFP attract unsuitable vendors for the project. Ambiguous requirements prevent the qualified candidates from bidding properly. The RFP detail aspects of proposed requirement and what is expected of vendor in meeting the requirement. The final proposal and RFP when agreed become statement of work for contract (Wilkinson & Thorson, 1998). Let’s begin exploring how an RFP is constructed.
Calonico. S (2018) Kumulos.
1. Define company overview
This section of RFP helps managers contextualize decisions made in the project by considering whether they will be able to provide your company’s specific field with the appropriate material and/or services. It captures information about the organization, what it does and what it is currently doing. Further, the section should culture the uniqueness of the company. The company overview should tell reader about the company values. By describing the value, you are likely to get an organization which has value fit for processes and goals. It defines the reason for writing the RFP. When writing the RFP you are required to introduce the product, the requirements for the product, and the summary of the main points of your request. When defining the company overview, you must also consider including important details to support your request such as customers, clients, and revenue which will be used to raise capital, understand the competitors, and customers’ segments.
Mypcot. Company Overview
2. Define the project scope
The introduction section includes explanation of response evaluated. The section tells vendors what is expected, what the company wants, giving timetable for implementation, showing where the company wants to improve, changes predicated in the project, and specify deliverables.
Pmlinks. Project Management 101 – Project Scope
This section reminds the reader of the reason behind your company writing out the RFP. For instance, reason for introduction of new product or brand re-design. The scope shows what the project will solve and how the problem will be solved and the goals o ...
Capture planning is a process that involves identifying business opportunities, assessing the competitive environment, and developing strategies to win specific opportunities. An effective capture planning process includes:
1. Developing a written capture plan with external and internal analyses, a capture strategy, and an execution plan.
2. Maintaining senior management support and committing the right resources to the capture team.
3. Establishing regular reviews of the capture plan to monitor progress and make adjustments.
4. Leveraging the capture plan to efficiently develop the initial proposal plan.
Sanjiv Bhatia “Critical Mass Makes Magic Happen”Elemica
Critical Mass Makes Magic Happen discusses how focusing resources on high-value initiatives through a value creation framework can provide benefits. The framework involves 4 steps: 1) identifying value through supply chain analysis, 2) prioritizing partners based on business value and technical complexity, 3) developing an onboarding roadmap, and 4) implementing projects. When applied to a company, the framework could generate $65 million in annual benefits and $43 million in one-time benefits through strategies like improved procurement and inventory management.
Roadmap to a successful sourcing partnership with a CROJas Randhawa
The document outlines a framework for establishing a successful long-term sourcing partnership between a biopharmaceutical company and a CRO. It recommends that companies first identify their strategic drivers for the partnership and design a delivery structure aligned with those goals. Potential partners should then be evaluated based on strategic fit, capabilities, and value. Finally, the partnership requires effective kick-off meetings, collaborative behavior between partners, appropriate oversight, and motivated project teams to ensure successful execution and longevity of the relationship.
CPFR (Collaborative Planning, Forecasting and Replenishment) began as an evolution of earlier supply chain collaboration practices between retailers and manufacturers like Vendor Managed Inventory. It aims to reduce out-of-stock products and waste through shared demand forecasting and order planning between trading partners. CPFR provides guidelines for collaboration at various stages from initial joint planning to developing shared forecasts to converting forecasts into orders. Its goal is more efficient fulfillment of consumer demand through collaboration across the supply chain.
Ken Martin has extensive experience in business, IT, and project management across several large companies. He discusses the benefits of project portfolio management (PPM), which include improved alignment with business strategy, visibility and control, collaboration, pipeline and resource management, financial management, and risk management. Without effective PPM, organizations can experience issues like approving projects that don't meet strategic needs, not having clear priorities, and overallocating resources. Key actions for implementing PPM include gaining stakeholder alignment, obtaining management support, developing a framework, and deciding on tools and reporting. The PPM process involves gathering all project data, prioritizing projects, assigning resources, and ongoing monitoring.
How to implement a strategic IT vendor management programJeff Kubacki
CIO's and their IT leadership teams should focus more time on a strategic IT vendor management program. After doing this for 8 years by conducting annual IT vendor days and implementing World Class IT principles, I decided to share what has worked and why it is important in the transition to becoming strategic business partners.
Joining Forces to Increase Access: An Interim Progress Report on the NYC Loca...TCC Group
In mid-to-late 2016, Accion, Excelsior Growth Fund (EGF), and Renaissance Economic Development Corporation (REDC), came together to form the NYC Local Lending Collaborative (the Collaborative).
The three financial institutions, each with a successful history = and niche, came together as part of a successful grant application for JP Morgan Chase’s PRO Neighborhood initiative.
The purpose of the Collaborative is to address income inequality by financing small business owners located in low-income and highly distressed neighborhoods.
Learn more: www.locallending.nyc
The document proposes consultancy services for expanding a global education consultancy called GECS through franchising in India. Francorp would create a business model and franchising strategy in two phases. In phase one, Francorp will develop the business model, including the marketing and operational strategies and financial model. In phase two, Francorp will create a franchise program for expanding GECS centers across India, including the business plan and roll-out strategy. Francorp's approach involves analyzing the market opportunity, developing the business case, defining target markets and operations, creating financial projections, and validating the model.
Semelhante a Collaborative planning, forecasting and replinishment (cpfr (20)
CONSUMER BEHAVIOUR is an important concept when it comes to marketing. Therefore, consumer involvement in the product also plays an important role in understanding consumer behaviour. The slides share in-depth explanation about what is consumer involvement
This document discusses foreign direct investment (FDI). It defines FDI as when a company owns a company in another country, directly operating it. FDI is important for developing economies as it provides funding and expertise. There are two main types of FDI: horizontal, where a company expands in existing markets; and vertical, where value is added across supply chains. FDI can occur through greenfield investments, building new facilities, or brownfield acquisitions. The document reviews FDI trends in India, barriers to FDI, and case studies of both successful and unsuccessful foreign acquisitions in India.
This document discusses social entrepreneurship. It defines social entrepreneurship as recognizing social problems and achieving social change through entrepreneurial principles and processes. Social entrepreneurs take on social issues and solve them innovatively as non-profits or NGOs. They face challenges like funding and lack of resources but can leverage technology and low-cost promotion. Examples of social entrepreneurs mentioned are Mohammad Yunus, Susan B Anthony and others working on social issues globally.
This is a book review of Rashmi Bansal's Follow every rainbow. This book tells us the story of 25 Women Entrepreneurs who have successfully created their business irrespective of their background and circumstances
Michael kors ups the glamour, buys versaceMeghaPoojari1
This Presentation works on the analysis of the news of Michael Kors buying Versace for $2 billion. How the news would affect Versace as well as MK's credibility as well the business of both the fashion houses. The presentation has SWOC analysis on how the deal would be affecting the business of both the fashion brands. Also, an conclusion on what I feel about the deal based on authentic research done by Me.
Secrets of a Successful Sale: Optimizing Your Checkout ProcessAggregage
https://www.onlineretailtoday.com/frs/26905197/secrets-of-a-successful-sale--optimizing-your-checkout-process
Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡
Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue. But payments are just one part of a chain. What’s the next touch point? How do you use the data sitting behind a payment to find the next loyal customer?
In this session you’ll learn:
• The integral relationship between payment experience and customer satisfaction
• Proven methods for optimizing the checkout journey
• Leveraging payments data for personalized marketing and enhanced customer loyalty
• Gain invaluable insights into consumer behavior across online and offline channels through data
3. WHAT IS CPFR?
• Business methodology which integrates multiple parties
in the planning & fulfillment of customer demand.
• Co-coordinating activities throughout the supply chain
inventories can be moved more efficiently, in the correct
quantities, to the correct inventories location to meet
customer’s demand.
4. STEPS IN CPFR
1. Develop Collaboration Arrangement
a) Develop CPFR Mission Statement
b) Determine CPFR Goals & Objectives
c) Discuss Competencies, Resources and System
d) Define Collaboration Points and Responsible Business
Functions
e) Determine Information- Sharing Needs
5. Contd..
f) Define Service & Ordering Commitments
g) Determine Resources Involvement & Commitments
h) Resolve Differences between Partners in the CPFR
Process
i) Regularly Reviews Cycle for CPFR Agreement
j) Publish Front- End Agreement
6. Contd…
2) Create Joint Business Plan
3) Create Sales Forecast
4) Identify Exceptions for Sales Forecast
5) Resolve/Collaborate on Exceptions Items
6) Create Order Forecast
7) Identify Exceptions for Order Forecast
8) Resolve/Collaborate on Exception Items
9) Generate Order
7. THE CPFR MODEL
• Customer is the centre of model
• Surrounding the customer is the retailor and supporting
activities provided by retailer
• The outer ring comprises of manufacturer and their
activities.
9. BENEFITS OF CPFR
• Better Store Stock Rates
• Lower Inventory Level
• Increased Sales
• Lower Logistics Costs
10. CHALLENGES IN CPFR
• Lack of Data Compatibility
• Ineffective IT Systems & Solutions
• Unorganised Suppliers
• Poor relationship between Suppliers and Retailers