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) 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.
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.
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.
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.
Collaborative Planning Forecasting Replenishment at WalmartDanish Ali Syed
How and What is Collaborative Planning Forecasting Replenishment (CPFR)? What are the benefits of CPFR to Walmart? How does Walmart achieves its Customer Service and Fulfills order in timely manner.
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.
Zara is a Spanish fashion retailer known for its rapid two-week production process and frequent store replenishments. It gains several advantages over competitors by having a very responsive supply chain, including introducing new designs weekly, reducing inventory costs and forecast errors, and selling most products at full price. Zara sources uncertain demand products locally for speed and predictable demand products from Asia for lower costs. Its centralized distribution network and multiple weekly store replenishments allow it to quickly match changing fashion trends, though this model may be less suited to online sales than retail.
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 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.
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.
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.
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.
Collaborative Planning Forecasting Replenishment at WalmartDanish Ali Syed
How and What is Collaborative Planning Forecasting Replenishment (CPFR)? What are the benefits of CPFR to Walmart? How does Walmart achieves its Customer Service and Fulfills order in timely manner.
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.
Zara is a Spanish fashion retailer known for its rapid two-week production process and frequent store replenishments. It gains several advantages over competitors by having a very responsive supply chain, including introducing new designs weekly, reducing inventory costs and forecast errors, and selling most products at full price. Zara sources uncertain demand products locally for speed and predictable demand products from Asia for lower costs. Its centralized distribution network and multiple weekly store replenishments allow it to quickly match changing fashion trends, though this model may be less suited to online sales than retail.
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.
COLLABORATE 18 Presentation: Demand Planning in Cloud R13Jade Global
Understanding Demand Planning in Cloud R13 Through an Early Adaptor Case Study
Session Abstract:
Oracle has released Demand Planning in Cloud with Release 13. We will share the experiences of an early adaptor customer with their demand management and SNOP processes in cloud. We will also compare the cloud offering with that of Demantra and provide a guidance on its readiness for different industries. In the end we will explore the coexistence possibilities and prerequisites for Demand Management Cloud.
West Marine acquired a competitor in 1997 but sales fell as the supply chain struggled to support the larger organization. After several leadership and strategy changes, West Marine implemented collaborative planning, forecasting, and replenishment with vendors to improve forecasting accuracy and inventory levels. If acquiring BoatU.S., West Marine should focus on inclusive problem solving, collaborative processes, continuous improvement culture, and rapid technology integration to successfully combine the complex supply chains.
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.
MRP and planning topics in Dynamics NAV are discussed, including:
- MRP converts a master production schedule into detailed material requirements. MRP II extends MRP to include capacities.
- Dynamics NAV allows batch-oriented manufacturing with flexibility. Master data includes BOMs, routings, and capacities.
- Planning includes MPS, MRP, forecasting and demand. MPS plans for direct demand while MRP plans dependent demand.
- The planning worksheet allows running calculate plan and viewing/acting on suggestions like purchase/production orders.
This document provides an overview of sales and operations planning (S&OP). S&OP is a collaborative planning process that aligns all business functions to a single plan to meet market demand profitably. It differs from traditional functional planning approaches by taking a holistic view of demand, supply, and financial plans. The S&OP process involves gathering data, demand planning, supply planning, pre-meetings, and executive meetings to align plans and resolve issues. Critical success factors include top management involvement, structured meetings, cross-functional participation, and integrated planning technology. Benefits include improved profitability, inventory management, and communication across business functions.
This document discusses quick response (QR) and efficient consumer response (ECR) in retail supply chains. It defines QR as providing goods to retailers in exact quantities based on demand within short lead times to minimize inventory. ECR aims to further integrate retailers and suppliers through information sharing and joint planning. Examples are given of QR in fast fashion industries, where trends change rapidly and inventory becomes obsolete quickly, requiring rapid replenishment. The document also discusses trends in the grocery industry toward more centralized distribution and automation to reduce costs and improve availability.
This document discusses transportation in supply chains. It begins by outlining the role of transportation in moving products from locations of production to locations of consumption. It then describes various modes of transportation including their characteristics, costs, and tradeoffs. Different transportation network design options like direct shipping, shipping through intermediate locations, and use of milk runs are presented. The document concludes by discussing how to select the optimal transportation network based on factors like transportation and inventory costs.
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.
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.
This document discusses Sales & Operation Planning (S&OP), which aims to achieve optimal balance between demand and supply. S&OP involves cross-functional collaboration to develop a sales forecast and supply plan. It establishes roles and responsibilities and a regular forecasting process. Benefits of S&OP include 10-20% less inventory, 15-20% better order fulfillment, and 10-20% fewer stockouts. Guiding principles are ownership by senior management, collaboration between functions, and demand-based sales forecasts. The S&OP process involves defining objectives, monthly tasks like reviewing forecasts, and measuring results with KPIs like forecast accuracy and out-of-stock levels.
Amazon operates a large global supply chain network to support its e-commerce business. It has around 50 warehouses globally, including 20 in the US, to store and fulfill customer orders. Amazon uses a mix of in-house inventory and third-party suppliers to stock products. It aims to deliver most items within one day of ordering to stay competitive. Amazon's supply chain is designed for cost-effectiveness and responsiveness to meet high customer service levels and the wide range of customer demand.
Want to present your company’s supply chain management review report? Not finding suitable PPT templates for the same. No worries! We are here to help you out. Download our professionally designed supply chain management review PowerPoint presentation slides that will help you in explaining the various aspects of supply chain management. This supply chain analysis PPT presentation includes a slide on introduction, supply chain management process, SCM decision phases, strategic sourcing process, logistics & IT, planning & forecasting, inventory management, inventory management models, performance measures, a common problem with SCM, components of supply chain etc., which will help you leave an impact on your audience. Our research team has researched for the content and our graphics designers have converted it into an impressive presentation. This order fulfilment presentation PPT is suitable for topics like raw-material management, inventory management, supply chain logistics flow, material management, circular supply chain management, goods, and services flow etc. Download our supply chain management review PowerPoint presentation and accomplish your end goals. Want to present your company’s supply chain management review report? Not finding suitable PPT templates for the same. No worries! We are here to help you out. Download our professionally designed supply chain management review PowerPoint presentation slides that will help you in explaining the various aspects of supply chain management. This supply chain analysis PPT presentation includes a slide on introduction, supply chain management process, SCM decision phases, strategic sourcing process, logistics & IT, planning & forecasting, inventory management, inventory management models, performance measures, a common problem with SCM, components of supply chain etc., which will help you leave an impact on your audience. Our research team has researched for the content and our graphics designers have converted it into an impressive presentation. This order fulfilment presentation PPT is suitable for topics like raw-material management, inventory management, supply chain logistics flow, material management, circular supply chain management, goods, and services flow etc. Download our supply chain management review PowerPoint presentation and accomplish your end goals. Camaraderie comes alive due to our Supply Chain Management Review Powerpoint Presentation Slides. Friendly feelings get expressed.
1. The document discusses developing a supply chain roadmap for a company by assessing current performance metrics and maturity of processes.
2. Key supply chain metrics like cost, service, efficiency and process metrics are analyzed along with maturity of strategic, operational, and execution processes.
3. Gaps identified through metric performance and process assessment are addressed through initiatives which are prioritized in a roadmap to improve the supply chain over time.
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.
Supply Chain Management - Supply Chain Management for E Commerce In India Edureka!
The document provides an overview of supply chain management and its importance for e-commerce businesses. It discusses key concepts like the evolution of supply chain management and the need for electronic supply chain management. Specific examples like Flipkart and Amazon's supply chain models are examined. The document also explores supply chain challenges in India, career opportunities in supply chain management, and Edureka's supply chain management certification course.
This document provides an overview of 7-Eleven Japan's supply chain strategy and operations. It discusses how 7-Eleven Japan uses a network of distribution centers to rapidly replenish its large number of convenience stores across Japan on a daily basis. This allows 7-Eleven to provide customers with fresh products when and where they need them. The document also notes some of the risks of this approach, such as high transportation and receiving costs, and the potential for obsolete inventory.
This document discusses supply chain management (SCM) best practices. It provides an overview of SCM, including key objectives and challenges. SCM integration can provide benefits like increased visibility, cost reductions, and improved service levels. The document also outlines next generation SCM solutions, how to measure SCM success, and how small and medium enterprises can adopt SCM practices. It concludes with an explanation of the Supply Chain Operations Reference model (SCOR) framework.
This document summarizes the IT systems and supply chain initiatives implemented by Marico, an Indian consumer products company. It discusses the challenges they faced due to aggressive growth, including forecast inaccuracies, stockouts, and high inventory costs. Marico implemented SAP ERP and APO systems integrated with a vendor portal to gain visibility and automate planning. This improved forecasting, reduced inventory levels, and streamlined the ordering process. The results included lower costs, increased sales productivity, and continued double-digit growth.
The document discusses the skills required for supply chain management in the healthcare industry. It identifies that supply chain managers are responsible for supporting the network of delivering products and services across the entire supply chain. Some key skills and competencies required include warehouse management, transportation management, risk management, customer relationship management, and applying lean and six sigma tools to improve supply chain processes. Supply chain managers need technical knowledge as well as foundation competencies in areas like problem solving, teamwork, and analytical thinking.
1. The document discusses supply chain management, defining a supply chain as the system involved in moving products from suppliers to customers, and supply chain management as planning and controlling supply chain operations efficiently.
2. It describes the SCOR model, which defines core supply chain processes like plan, source, make, deliver, and return, and provides performance metrics and best practices.
3. Successful supply chain management requires integrating activities like procurement, product development, distribution, and performance measurement into key supply chain business processes.
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.
COLLABORATE 18 Presentation: Demand Planning in Cloud R13Jade Global
Understanding Demand Planning in Cloud R13 Through an Early Adaptor Case Study
Session Abstract:
Oracle has released Demand Planning in Cloud with Release 13. We will share the experiences of an early adaptor customer with their demand management and SNOP processes in cloud. We will also compare the cloud offering with that of Demantra and provide a guidance on its readiness for different industries. In the end we will explore the coexistence possibilities and prerequisites for Demand Management Cloud.
West Marine acquired a competitor in 1997 but sales fell as the supply chain struggled to support the larger organization. After several leadership and strategy changes, West Marine implemented collaborative planning, forecasting, and replenishment with vendors to improve forecasting accuracy and inventory levels. If acquiring BoatU.S., West Marine should focus on inclusive problem solving, collaborative processes, continuous improvement culture, and rapid technology integration to successfully combine the complex supply chains.
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.
MRP and planning topics in Dynamics NAV are discussed, including:
- MRP converts a master production schedule into detailed material requirements. MRP II extends MRP to include capacities.
- Dynamics NAV allows batch-oriented manufacturing with flexibility. Master data includes BOMs, routings, and capacities.
- Planning includes MPS, MRP, forecasting and demand. MPS plans for direct demand while MRP plans dependent demand.
- The planning worksheet allows running calculate plan and viewing/acting on suggestions like purchase/production orders.
This document provides an overview of sales and operations planning (S&OP). S&OP is a collaborative planning process that aligns all business functions to a single plan to meet market demand profitably. It differs from traditional functional planning approaches by taking a holistic view of demand, supply, and financial plans. The S&OP process involves gathering data, demand planning, supply planning, pre-meetings, and executive meetings to align plans and resolve issues. Critical success factors include top management involvement, structured meetings, cross-functional participation, and integrated planning technology. Benefits include improved profitability, inventory management, and communication across business functions.
This document discusses quick response (QR) and efficient consumer response (ECR) in retail supply chains. It defines QR as providing goods to retailers in exact quantities based on demand within short lead times to minimize inventory. ECR aims to further integrate retailers and suppliers through information sharing and joint planning. Examples are given of QR in fast fashion industries, where trends change rapidly and inventory becomes obsolete quickly, requiring rapid replenishment. The document also discusses trends in the grocery industry toward more centralized distribution and automation to reduce costs and improve availability.
This document discusses transportation in supply chains. It begins by outlining the role of transportation in moving products from locations of production to locations of consumption. It then describes various modes of transportation including their characteristics, costs, and tradeoffs. Different transportation network design options like direct shipping, shipping through intermediate locations, and use of milk runs are presented. The document concludes by discussing how to select the optimal transportation network based on factors like transportation and inventory costs.
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.
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.
This document discusses Sales & Operation Planning (S&OP), which aims to achieve optimal balance between demand and supply. S&OP involves cross-functional collaboration to develop a sales forecast and supply plan. It establishes roles and responsibilities and a regular forecasting process. Benefits of S&OP include 10-20% less inventory, 15-20% better order fulfillment, and 10-20% fewer stockouts. Guiding principles are ownership by senior management, collaboration between functions, and demand-based sales forecasts. The S&OP process involves defining objectives, monthly tasks like reviewing forecasts, and measuring results with KPIs like forecast accuracy and out-of-stock levels.
Amazon operates a large global supply chain network to support its e-commerce business. It has around 50 warehouses globally, including 20 in the US, to store and fulfill customer orders. Amazon uses a mix of in-house inventory and third-party suppliers to stock products. It aims to deliver most items within one day of ordering to stay competitive. Amazon's supply chain is designed for cost-effectiveness and responsiveness to meet high customer service levels and the wide range of customer demand.
Want to present your company’s supply chain management review report? Not finding suitable PPT templates for the same. No worries! We are here to help you out. Download our professionally designed supply chain management review PowerPoint presentation slides that will help you in explaining the various aspects of supply chain management. This supply chain analysis PPT presentation includes a slide on introduction, supply chain management process, SCM decision phases, strategic sourcing process, logistics & IT, planning & forecasting, inventory management, inventory management models, performance measures, a common problem with SCM, components of supply chain etc., which will help you leave an impact on your audience. Our research team has researched for the content and our graphics designers have converted it into an impressive presentation. This order fulfilment presentation PPT is suitable for topics like raw-material management, inventory management, supply chain logistics flow, material management, circular supply chain management, goods, and services flow etc. Download our supply chain management review PowerPoint presentation and accomplish your end goals. Want to present your company’s supply chain management review report? Not finding suitable PPT templates for the same. No worries! We are here to help you out. Download our professionally designed supply chain management review PowerPoint presentation slides that will help you in explaining the various aspects of supply chain management. This supply chain analysis PPT presentation includes a slide on introduction, supply chain management process, SCM decision phases, strategic sourcing process, logistics & IT, planning & forecasting, inventory management, inventory management models, performance measures, a common problem with SCM, components of supply chain etc., which will help you leave an impact on your audience. Our research team has researched for the content and our graphics designers have converted it into an impressive presentation. This order fulfilment presentation PPT is suitable for topics like raw-material management, inventory management, supply chain logistics flow, material management, circular supply chain management, goods, and services flow etc. Download our supply chain management review PowerPoint presentation and accomplish your end goals. Camaraderie comes alive due to our Supply Chain Management Review Powerpoint Presentation Slides. Friendly feelings get expressed.
1. The document discusses developing a supply chain roadmap for a company by assessing current performance metrics and maturity of processes.
2. Key supply chain metrics like cost, service, efficiency and process metrics are analyzed along with maturity of strategic, operational, and execution processes.
3. Gaps identified through metric performance and process assessment are addressed through initiatives which are prioritized in a roadmap to improve the supply chain over time.
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.
Supply Chain Management - Supply Chain Management for E Commerce In India Edureka!
The document provides an overview of supply chain management and its importance for e-commerce businesses. It discusses key concepts like the evolution of supply chain management and the need for electronic supply chain management. Specific examples like Flipkart and Amazon's supply chain models are examined. The document also explores supply chain challenges in India, career opportunities in supply chain management, and Edureka's supply chain management certification course.
This document provides an overview of 7-Eleven Japan's supply chain strategy and operations. It discusses how 7-Eleven Japan uses a network of distribution centers to rapidly replenish its large number of convenience stores across Japan on a daily basis. This allows 7-Eleven to provide customers with fresh products when and where they need them. The document also notes some of the risks of this approach, such as high transportation and receiving costs, and the potential for obsolete inventory.
This document discusses supply chain management (SCM) best practices. It provides an overview of SCM, including key objectives and challenges. SCM integration can provide benefits like increased visibility, cost reductions, and improved service levels. The document also outlines next generation SCM solutions, how to measure SCM success, and how small and medium enterprises can adopt SCM practices. It concludes with an explanation of the Supply Chain Operations Reference model (SCOR) framework.
This document summarizes the IT systems and supply chain initiatives implemented by Marico, an Indian consumer products company. It discusses the challenges they faced due to aggressive growth, including forecast inaccuracies, stockouts, and high inventory costs. Marico implemented SAP ERP and APO systems integrated with a vendor portal to gain visibility and automate planning. This improved forecasting, reduced inventory levels, and streamlined the ordering process. The results included lower costs, increased sales productivity, and continued double-digit growth.
The document discusses the skills required for supply chain management in the healthcare industry. It identifies that supply chain managers are responsible for supporting the network of delivering products and services across the entire supply chain. Some key skills and competencies required include warehouse management, transportation management, risk management, customer relationship management, and applying lean and six sigma tools to improve supply chain processes. Supply chain managers need technical knowledge as well as foundation competencies in areas like problem solving, teamwork, and analytical thinking.
1. The document discusses supply chain management, defining a supply chain as the system involved in moving products from suppliers to customers, and supply chain management as planning and controlling supply chain operations efficiently.
2. It describes the SCOR model, which defines core supply chain processes like plan, source, make, deliver, and return, and provides performance metrics and best practices.
3. Successful supply chain management requires integrating activities like procurement, product development, distribution, and performance measurement into key supply chain business processes.
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.
Similaire à 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:
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• Proven methods for optimizing the checkout journey
• Leveraging payments data for personalized marketing and enhanced customer loyalty
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It’s no secret that the marketing landscape is growing increasingly complex, with numerous channels, privacy regulations, signal loss, and more. One of the biggest problems facing marketers today is that they’re experiencing data deluge and data drought simultaneously.
Bliss Point by Tinuti addresses these challenges by providing a single, user-friendly platform for measuring what marketers previously struggled to measure. With Bliss Point, you can move beyond simply validating past actions and instead use measurement to guide real-time decision-making on what should happen next.
Join our product experts for a live demonstration of Bliss Point. Discover how it can empower your brand with the tools and insights needed to optimize each channel, across your entire media mix, and your overall brand performance.
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