Manage my business Supply Chain Dashboard

Manage my business | Supply Chain Dashboard

Supply Chain Dashboard: Achieving efficient distribution and delivery. Understanding the balance between holding cash and delivering on customer service requirements.

CONTEXT & CHALLENGES

Managing the logistics of a company requires a specific type of organization and expertise. Efforts made in all areas within the company in order to manufacture the final product can be jeopardized by poor quality distribution. It is therefore essential that logistical operations keep in step with other key areas of the company. A logistics manager must be able to provide a distribution process of the highest quality, which fully meets customer service requirements.

For each company, the challenge resides in choosing the right indicators to achieve identified goals. Should the emphasis be placed on reducing stocks, increasing the reliability of orders or shortening lead times? How can flows be improved while avoiding the risks of just-in-time management? Is it better to place the focus on collaborative dynamics between the various partners along the chain? What kind of vision should be put in place for the evolution of management systems to deal with internal and external constraints? How to bring teams on board with actions that may at first appear to present new difficulties?

Whatever choices you make, and whatever the related indicators, it is essential to be able to monitor all of your operations and processes, and challenge KPIs in real time. This task is made far easier and more efficient with the use of an appropriate logistics-inventory dashboard.

SUPPLY CHAIN GOALS AND OBJECTIVES

Demand Planning

  • Build consolidated demand from local sites
  • Develop approaches to improve the accuracy of the demand plan
  • Break the Demand Plan into streams based on demand characteristics & accountability
  • Leverage statistical forecasting to improve demand accuracy

Master Planning

  • Elaborate Supply Chain Master Plan -> Procurement and Capacity Planning
    • Bulk requirements
    • Master Production Plan Filling
    • Master Production Plan Packing
    • Distribution Plan

Execution

  • Shipment: Procurement, Provisioning
  • Production: Production, Quality & Product testing, Asset management, Packing and Staging
  • Inventory: Warehouse Management, Stock Management
  • Distribution: Order fulfillment, Logistics & Distribution Management
  • Post-sales Support: Claims / Warranty Management, Service Contract Management, Returns Management

Product Life Cycle Management

  • Increase product quality
  • Manage increased product complexity
  • Reduce product unit costs
  • Reduce time-to-market
  • Plug gaps in current business processes
  • Reduce production rework and inventory scrap

SOLUTIONS

In order to be able to optimally manage changes, respond proactively to deviations and standards requirements, and reduce failure response times to a minimum, it is important to equip yourself with a tool that makes your job easier, saves time, reduces costs and removes stress. The fully customizable logistics-inventory dashboard enables just that. By reducing the large volumes of information to be processed, it provides an essential aid for logistics specialists, who need to have a global and precise vision of the company:

  • Track the current status of shipments, monitor inventory levels

  • Monitor product availability and shipment status to proactively alert customers

  • Optimize deadlines and delivery costs

  • Have a full picture by aggregating inventory from multiple warehouses into a single view

  • Have visibility on purchase orders

  • Improve productivity by measuring the gap between set standards and actual data in real time

  • Reduce slack along the chain by monitoring overall performance targets…

  • Improve on-time delivery, reduce lead time and lead time variability

SUPPLY CHAIN KPIS

Key Performance Indicators are used to measure the realized progress towards a strategic objective.
For a Supply Chain dashboard, here is a sample list of KPIs Lintao recommends (non exhaustive list):

  • Lead-time (days)

  • On-time shipment (#/ %)

  • Shipment distance (Km)

  • Quoted lead days

  • Orders (#)

  • Units shipped (#)

  • On-hand inventory (#, €, %)

  • Reserved inventory (#, €, %)

  • Available inventory (#, €, %)

  • Inventory turnover (#)

  • Out-of-stock items (#, %)

  • Shelf life (days)

  • Time in-transit (days)

  • Resources costs (€)

  • Return rate (%)

  • Safety stocks

  • Inventory days

  • Days since last order

  • Damaged units (%)

  • Distribution costs

  • Delivery frequency

  • Insurance costs

  • % of forecast accuracy

  • % of order delivered in full

  • % of inventory accuracy

  • … or your own Supply Chain KPIs

SUPPLY CHAIN ANALYTICAL AXES

The axes of analysis represent the elements by which you want to segment your observable information (such a KPIs) to understand the rationales behind a given performance. Also called ‘dimensions’.
For a Supply Chain dashboard, Lintao identifies the following axes of analysis (non exhaustive list):

  • Time

  • Organization

  • Business line

  • Plant

  • Customer

  • Carrier / Distributor

  • Product

  • Shipment type

  • Ship-to-Location

  • … or your own Supply Chain axes of analysis

GET AN IMPACTFUL SUPPLY CHAIN DASHBOARD ON YOUR BI TECHNOLOGY

Tableau Software

Learn more →

Qlik Sense

Learn more →

Some references of Supply Chain Dashboards