Begin with the END in Mind! What Good Looks Like – MRO Supply Chain
- Demand signal quality
- Catalogued materials usage vs Free Text
- High stock accuracy
- High stock turns
- Good relationship and control of vendors
- Strong control via KPI’s and Metrics
- Master Data is core
What Gets Measured, Gets Improved!
Supply Chain Effectiveness %
- Demand Signal Quality %
- Catalogued Material Spend %
- Stock Accuracy %
- Stock Turns %
- PO Automation %
Master Data
Material Master Data
- Lead Times
- ROP & ROQ
- Segmentation capability (MRP Controller)
EAM Master Data
- Structures like Functional Locations & Equipment
- BoM’s
Purchasing Master Data
Vendor specific data (part numbers, lead time, price)
Warehouse Operations
Following the demand signal
- Stock on Hand process flow
- Buy-to-Order process flow.
Stocktaking & the Importance of Stock Accuracy
- Importance of counting
- Cycle Counting
Stock Preservation
P3DR Concept
Inventory Management
- Reducing risk at the lowest possible cost
- Stock or Non-Stock Decision Process
- Linking EAM and SCM together
- Stock Turns
- Repairable Materials
- POTOBS – Potentially Obsolete Materials Management
- Obsolescence Provision
- Carrying Cost Calculation
Purchasing
Free Text spend process and its impacts.
Catalogued material spends and impacts.
Purchasing Master Data
- Info Records
- Source Lists
- Lead Times
PO Automation
Procurement Overview
- Goods vs Services
- Materials on Contract
- Cost AND Lead Times focus
Other Takeaways
- Sample Calculators
- Material Review Template
- Cycle Counting Calculator
- Sample Cataloguing Template (Taxonomy)