Plan for Success
Conducting a mature evaluation of present master data in terms of people, processes, technology, and governance that would enable businesses to establish a realistic timeline for the work that needs to be done.
● Proper tools for to support successful processes
● Successful ERP implementation
– Netsuite
– The pros and cons of Excel
– Legacy AS400
● Integrating Management Systems
– (WMS) Warehouse Management System
– (IMS) Inventory Management System
– Planning and scheduling tools
– Clarifying financial objectives within systems
● Differentiating thematic goal with standard operating objectives (KPIs)
● Creating cohesive product strategies
– Dealing with excess inventorr and obsolescence
– Avoiding SKU proliferation
– Pareto Analysis for product catalog and customer requirements
● Creating sales forecasts
– Factoring for seasonal/cyclical products
● ABCD Analysis to decrease inventory and increase on-time deliveries
