Next Generation Cloud Inventory Management
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Diese Presentation zeigt Ihnen, wer hinter EazyStock steht, welche Funktionen die Cloud-basierte Software bereit stellt und wie Sie Ihnen dabei hilft Bestände zu verwalten und optimieren.
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Next Generation Cloud Inventory Management
- 1. EazyStock Next Generation Inventory Management Septmber, 2013
- 2. Syncron – Corporate overview Page 2 COPYRIGHT © SYNCRON INTERNATIONAL AB 2013 Knowledge and Experience • World-leading provider of supply chain planning software and services • 12+ years developing and implementing inventory management applications Industry Focus & Expertise • Manufacturing, Wholesale & Distribution, Aftermarket Local Offices • Company offices in Sweden, United Kingdom, Poland, Germany, US and Japan • 120 employees Finance & Ownership • Received the highest “AAA” credit rating from Dun & Bradstreet for past five consecutive years • Strong ownership group comprised of both private entities and Syncron employees
- 3. World leading SaaS inventory management “With better inventory visibility and control across each stocking location we are able to more accurately forecast demand for service parts and we are able to react much faster to changes in demand and market conditions”. Page 3 COPYRIGHT © SYNCRON INTERNATIONAL AB 2013 “The cloud solution provides us with the inventory management functionality that we need to improve our business but without requiring us to invest in any additional IT resources or hardware.” “Syncron’s solution will enable us to optimize inventory in the supply chain to significantly raise the first-time availability of parts to achieve industry-leading service levels for our customers.”
- 4. World class inventory management for small and medium size businesses • It’s easy to get up and running, easy Page 4 • EazyStock is a standard application for small and medium size supply chains. • The same advanced inventory management functionality as Syncron Global solutions used by the leading global manufacturers. to use and easy to appreciate! COPYRIGHT © SYNCRON INTERNATIONAL AB 2013
- 5. World class inventory management for small and medium size businesses Page 5 COPYRIGHT © SYNCRON INTERNATIONAL AB 2013 • Enterprise Cloud Computing technology means no IT hardware, software license, maintenance or upgrades. • Accessible anywhere you are where there is Internet connection • Simply plugin to your ERP, we take care of the rest! • Pay only for what you use with a low cost monthly Software-as-a-Service subscription. • Dedicated Consultant and Customer Support specialists for EazyStock Users.
- 6. Manage Components, Finished Goods and Spare Parts inventory Components Finished Goods Spare Parts Page 6 COPYRIGHT © SYNCRON INTERNATIONAL AB 2013
- 7. Balance inventory and service to meet your strategic inventory objectives Page 7 Service Level Inventory Value Order quantities Safety stock COPYRIGHT © SYNCRON INTERNATIONAL AB 2013 Demand variance Delivery from inventory
- 8. Quickly achieve 30% performance improvements across your supply chain network Page 8 COPYRIGHT © SYNCRON INTERNATIONAL AB 2013 Sustainable business with higher margins 30% Lower Inventory Levels 30% More Efficient Business Process 30% Increased Service Levels Operational Excellence
- 9. Page 9 COPYRIGHT © SYNCRON INTERNATIONAL AB 2013 Proven results Company Service Level Increase Inventory Reduction Atlet 95% 96% 28% Lindab 57% 95% 54% Electrolux 62% 94% 21% Additional Benefits: 1. Increased productivity in planning and ordering – less resources required 2. Reduced stock obsolecence 3. Fewer rush orders
- 10. Page 10 EazyStock– Basic Principles COPYRIGHT © SYNCRON INTERNATIONAL AB 2013 Inventory Levels Forecasting Parameters Inventory Policy Matrix & Parameters Inventory Parameters Inventory Replenishment Demand Demand Forecasting Inventory Optimization
- 11. Designed to fit your business needs EazyStock Editions Page 11 COPYRIGHT © SYNCRON INTERNATIONAL AB 2013 Basic Basic functionality for inventory planning Advanced Complete solution for inventory optimization and replenishment suitable for most small and midsized businesses Enterprise Includes functionality for multi-level supply chain network optimization
- 12. Fast Positive Lumpy Erratic Page 12 COPYRIGHT © SYNCRON INTERNATIONAL AB 2013 Demand Analysis Analyze the demand pattern every month • Historic demand determine forecast algorithm • Reclassification occurs on a rolling 12-month basis • No manual manipulations required • Forecast is generated based on “Demand Type” • To differentiate target availability, forecast and safety stock calculation methods Demand Type Slow Trend Negative Trend New Dying Obsolete B A E
- 13. Market Knowledge and Seasonality Page 13 Market conditions & Promotions COPYRIGHT © SYNCRON INTERNATIONAL AB 2013 A E Seasonality
- 14. Inventory Policy - When and how much to order Page 14 COPYRIGHT © SYNCRON INTERNATIONAL AB 2013 • Advanced saftey stock calculations • Separate target service level for normal, slow and lumpy items • System calculated re-order point • Ordering according to FOQ or FOC Automatic re-classification for every item to always use the optimum policy B A E
- 15. Inventory Policy Including Real-Time Simulation Page 15 COPYRIGHT © SYNCRON INTERNATIONAL AB 2013 The screen displays a Picks class/VAU class matrix by a chosen Volume and Frequency class for the Inventory policy chosen. 1. Activate more cells in the stocking policy 2. Press simulate 3. Evaluate the new expected service level and related cost 1 2 3 A E
- 16. Redistribution / Inventory Balancing Moves inventory to where it is best needed • Excess calculation • Each order can be wholly or partially replenished from excess • Every location has a unique priority search order for redistribution • Conditional search per Location/Region • The end result is a better distributed inventory Excess = 5 Excess = 6 Page 16 COPYRIGHT © SYNCRON INTERNATIONAL AB 2013 Redistribution E Redistribution region OEM OQ = 8 UOQ = 7 Excess = 4 Prio 1 Prio 3 Prio 2 5 2 One redistribution order of 5 will be Example: created, supplied from the Prio 1 warehouse. One redistribution order of 2 will be created, supplied from the Prio 2 warehouse. The pending order of 8 will remain but the OQ will be set to 0.
- 17. Pending Orders – Order proposals for stock kept items A E Page 17 COPYRIGHT © SYNCRON INTERNATIONAL AB 2013
- 18. Worksheet – Detailed information for a SKU B A E Page 18 COPYRIGHT © SYNCRON INTERNATIONAL AB 2013
- 19. Page 19 COPYRIGHT © SYNCRON INTERNATIONAL AB 2013 KPI’s and Reports • Large number of KPI’s – Service level – Service index – Inventory Value – Inventory turns • Reports – Risk of run-out – Excess stock – Alerts – Inventory follow up – Etc. B A E
- 20. Alerts - Increase planner productivity Page 20 COPYRIGHT © SYNCRON INTERNATIONAL AB 2013 • Alerting and notifying exceptions • Actions taken automatically by the system • Reduced time to action & less fire-fighting • Planners can focus on the most strategic products B A E
- 21. Release your staff from tidies planning and administration by automating your replenishment process Data Capture Page 21 Calculate Orders Saftey Stock Calculation COPYRIGHT © SYNCRON INTERNATIONAL AB 2013 System Process Planner/Purchaser Review Alerts Approve Orders Demand Analysis Apply Forcast Parameters Forecast ABC Classification Apply Inventory Parameters
- 22. Editions desiged to fit your business Page 22 COPYRIGHT © SYNCRON INTERNATIONAL AB 2013 Basic Edition Basic inventory planning Advanced Edition Advanced inventory optimization and replenishment Enterprise Edition Multi-level enterprise supply chain optimization Demand Analysis Demand forecasting Inventory policy Safety stock calculation Advanced reporting and KPIs Parameter export to ERP Service level simulation Includes all Basic Edition features plus: Inventory simulation Import of inventory levels Import of open purchase orders Generation and export of replenishment orders Order quantity calculation Includes all Advanced Edition features plus: Redistribution Virtual stocking Multi-echelon optimization Most Popular
- 23. High Availability – Redundancy – Scalability – High Security Page 23 COPYRIGHT © SYNCRON INTERNATIONAL AB 2013 Customer(s) Inventory Planners / Purchasers Web https ERP Systems sFTP Syncron Data Center User verification, access management. Syncron Staff/Third party providers VPN User verification, access management. Dedicated and isolated networks for each customer
- 24. EazyStock is easy to adapt and quick to deploy Meeting 2 Meeting 3 Page 24 COPYRIGHT © SYNCRON INTERNATIONAL AB 2013 Introduction and demand analysis Detailed Analysis Demo of EazyStock Contract Meeting 1 • Challenges in present supply chain • Understanding of key business requirements • Introduction to Syncron and EazyStock • ROI discussion • Detailed presentation and IT dialog ‒ ROI walkthrough ‒ Detailed discussion of Customer structure and requirements ‒ Demonstration of EazyStock ‒ Detailed presentation of EazyStock ‒ EazyStock packaging ‒ IT integration • Contract discussion • Open functionality questions • Project Planning
- 25. Page 25 COPYRIGHT © SYNCRON INTERNATIONAL AB 2013
Editor's Notes
- Gothia Fastening Group is a Swedish based provider of tools and fastening equipment to the construction industry. They are established in Sweden and Norway and have their customer base in these countries. EazyStock is implemented in four Nordic warehouses to optimize inventory and service levels whilst reducing inventory costs. EazyStock will establish an automated, exception-based business process for managing Gothia’s production, finished goods and spare parts inventory. Xylem, a global leader in products for the movement and treatment of water, is implementing Syncron to reduce finished goods inventory levels whilst maintaining already high service level of over 95%. Syncron was selected due to the global capabilities of the solution which was important to Xylem, being a business with considerable global manufacturing and distribution operations. The company was also impressed with Syncron’s expertise and deep conceptual knowledge of global supply chain planning. AxIndustries is a Swedish company that develops and sells components and systems within the Nordic countries and Baltic states. Its focus and expertise is in Bearings and Transmissions and Heavy Duty Vehicle Components, supplying customers in the manufacturing and aftermarket segments. AxIndustries opted for EazyStock to eliminate excess inventory and establish a more sophisticated inventory planning and replenishment process across its distribution network. They are using the solution across seven inventory warehouses initially with the intention to add further warehouses within the next 12 months. JCB was our first SaaS customer in 2006. They have inplemented our planning solution to optimize all their spare parts globally. They have 12 parts distribution warehouses worldwide and we are in the process of rolling out the solution to include their dealers. Stapletons is one of the UK’s largest distributors of passenger car tyres and are stockists of tyres from all major manufacturers, including Bridgestone, Continental, Dunlop, Goodyear, Michelin and Pirelli. Our solution is helping them optimizing and replenish all their major locations across the nation.
- No software, No hardware, No worries
- Balance Maximum service Minimum inventory The challenges are: to be responsive to changing demand to apply adequate forecasting techniques To deal with new models that are introduced which leads to more and more inventory of raw material item numbers, both as spare parts and for production. Lack of visibility if they have more than one stock location manufacturing and sales are in intense competition is inventory is shared but not planned correct in an integrated manner
- Characteristics Standard product Parameters control calculations Optimizes stock at a given service level
- Syncron’s inventory management tool has built in functionality that automatically detects what demand pattern a part has. The system automatically assigns a demand type to the item. All settings are parameter diriven and adjusted to your business as needed.
- Redistribution possibility from one or more warehouses - redistribution orders are suggested automatically if all constraints are fulfilled
- ACHIEVING OPERATIONAL EXCELLENCE
- Basic From €1.500/month Advanced From €1850/month Enterprise From €2500/month
- Secure connections - Secure access to Syncron Solutions for Customers through https, sFTP and IBM MQ. VPN Access is regulated through NDA and access audits. Redundant firewalls filter connections on IP no. High availability – Redundancy – Scalability – High Security High security classed data center facilities & redundant infrastructure. Leading provider of internet fiber backbone, with well established external network connections. Automatic Fail-over database platform, application platform & Network. Redundancy in all hardware configurations. Scalable environments. Backups stored at an additional high security location. High security protection and data isolation. 24/7/365 Managed hosting – ISO 20000 Certified provider.