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12 months ago ::
Jun 08, 2011 - 2:21PM
#1
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Welcome to today's SCM Forum: Achieve significant inventory reductions
using standard SAP tools you already own:
A Q&A with Reveal's Keith Searls Get guidance from SCM expert Keith Searls on using the tools you already have to better manage your supply chain -- including stock analysis, supply chain exception monitoring, and improved supplier collaboration -- TODAY, July 29, 11am-12pm ET, here in the SCM Forum. Keith will respond to questions by posting his replies in this Forum thread. Please don't forget to refresh your browser to see the most recent posts. To post your question, first log in to Insider Learning Network, then select the “Post Reply” button, below. Register for the Q&A and you will also get an exclusive download of Keith Searls’ slide presentation — including checklists and samples of standard analytic reports — “Optimize supply chain performance with standard SAP decision support tools.” If you are not yet an Insider Learning Network member, join today! Note: This Q&A is focused on discussing how to use standard SAP tools and best practices to drive value opportunities, and is not intended to be a technical discussion around SAP T-codes or configuration. Sponsored by 
Moderated by
Kristine Erickson
on Jun 29, 2011 - 03:21AM
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12 months ago ::
Jun 29, 2011 - 10:55AM
#2
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Thank you for joining us, Keith I read a recent blog you posted on the Insider learning Network titled: Can you get more supply chain intelligence from your core SAP ERP system? This was very compelling. If this is core ERP content – how is it that most people do now know about how to access this functionality? It seems like a no-brainer. Can you describe what is unique about this promise to optimize standard tools?
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12 months ago ::
Jun 29, 2011 - 11:10AM
#3
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Hi Marcy, glad I could be here. That's a good question. What many customers overlook is that it is possible -- using standard SAP ERP functionality -- to uncover and report on supply chain process performance, measure, analyze, and prioritize inventory and service level performance while moving the organization toward an exception minded business, as a way to set and monitor the critical KPIs that lead to tangible improvements.
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12 months ago ::
Jun 29, 2011 - 11:14AM
#4
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Keith what some of these tools for example?
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12 months ago ::
Jun 29, 2011 - 11:14AM
#5
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Good morning, Keith What are the most common/high-value KPIs that you see your clients tracking? And
which tools/reports are they using to get there?
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12 months ago ::
Jun 29, 2011 - 11:20AM
#6
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Hi Keith. Do you have any tips for getting more timely alerts on stockouts?
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12 months ago ::
Jun 29, 2011 - 11:20AM
#7
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As a start companies need to look into three main areas. Inventory analysis, process performance (what you plan vs. what you actual) and exception management. The key is to determine the gap between what you plan in the system vs. what are the actual behaviors. The further the gap, the harder it is to automate, drive down inventories and improve customer service levels.
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12 months ago ::
Jun 29, 2011 - 11:24AM
#8
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Regarding stock outs, there is no silver bullet here. In some cases, you do not want inventory until you need it (ie. plan on demand) in other areas, you want to guaruntee invetory. If you have the planning and master data set correctly, your exception monitoring tools should tell you that you are close to stocking out BEFORE it is too late. This way you can take a pro-active approach.
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12 months ago ::
Jun 29, 2011 - 11:27AM
#9
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Hi Keith, What would you suggested are the bet ways to measure process performance? (particularly the effectiveness of your planning like the accuracy of your forecast or safety stock/reorder point planning)
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12 months ago ::
Jun 29, 2011 - 11:29AM
#10
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Keith, regarding exception monitoring tools- is this essentially an alert notification based upon configured parameters?
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