Make Your Data and Supply Chain Visibility Best Companions - Part IX

Make Your Data and Supply Chain Visibility Best Companions - Part IX

Evolving the Road Map to achieve the holy grail of end to end visibility - Step 4 -  Dynamic Determination management

 

Visibility intelligence is useless unless a company can interrupt a business decision point in a process and create a measurably different outcome.

It’s amazing how many implementations stop at the intelligence stage and just push that data into a data warehouse or business intelligence portal.

The reason of course is that the architecture isn’t designed for the visibility accessibility or process automation .

With a dynamic determination management capability, companies can take their newly discovered intelligence and interrupt transactions and/ or processes at either transitions or at defined events.

Once the dynamic determination intelligence shows an exception to their expected performance, number of methods can be invoked to manage this exception, both with automated routines and human intervention and/or collaboration.These methods could include prescriptive analytics, optimization, trade-off analysis etc.

Companies can improve greatly its forecast error using visibility intelligence, especially in shelf replenishment shipments from the DC using dynamic determination capabilities. The ability to run a last minute allocation optimization that redistributes the mix based on a real time view of store/in stock for every item on every shelf can be hugely beneficial using dynamic determination.

 

With out dynamic determination you would hear this regularly

? Warehouse Manager – “I receive an automated report when a store receives a carton as damaged in the inventory system. What am i supposed to do with this alert?”

? Buyer – “It takes a lot of time and effort to always consider charge back trends when issuing new PO’s, so i only review them at intervals.”

?Commercials – “I run a report on all charge backs that are pending, and then have to email each supplier/ buyer pair individually. it would be better if the alerts were system generated directly to the affected parties.”

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