Roland PPT[Prateek Mishra]
- 1. Roland DG Corporation Prepared By- Prateek Mishra
- 2. Current Challenges • Globalization(Multi-local) of company with effective global supply chain management. • To meet volatile demand of global customers. • Customer Centric production. • Effective IT System which obliterate manual operations. • Enhance customer experience.
- 3. Agenda • Finding trustworthy suppliers. • Products customization according to geography(Europe, Asia-pacific, America) and demand. • Control on all production and distribution units. • Effective implementation of global supply strategy. • Working with people who have deep knowledge about market/demand of their country/state/city market and make good decisions on properly allocating limited product/materials to the right global regions. • Expected outcomes at the end of implementation.
- 4. Action Plan 1. The EPIC Framework: o The Economy, Politics, Infrastructure, Competence framework helps in understanding supply chain readiness across regions of globe. o This framework measures and access the level of maturity of a geographic region with respect to its ability to support supply chain activities. o This framework is necessary to implement before expanding our supply chain to any specific geography which will enable us to understand the potential for that particular location. o Supply chain decisions are based on TCO(‘Total cost of ownership’) and NPV(Net present value), so our decisions should be based on holistic product designs appropriate for the global environment.
- 5. Action Plan 2. Inventory Management: o I support having “large inventories at major DCs” as it is suitable for products with long manufacturing lead times. o Such DCs will allow manufactures to reduce inventory levels by taking advantage of risk pooling. o Finding suitable places for inventories and managing them at different locations is a big concern in supply chain. o Optimizing inventory using techniques like, value stream mapping, automatic inventory system(helps to keep track of quantity and value of each stocked item), ABC analysis and classification, replenishment automation. o Minimize Bullwhip effect in every step of supply chain by keeping track of safety stock.
- 6. Action Plan 3. Transportation and 3PL partners: oBy having most effective transport method is necessary for stable supply chain which helps in reducing costs associated with it. oHolding costs can be removed by using cross-docking methods which will save a lot of money and decreases lead time. o3PL helps in smooth transfer of goods as this is there core competency. o3PL also helps companies to focus on their core engineering. oCross-docking is an efficient method to save of warehouse costs without which also helps in improving lead time.
- 7. Action Plan 4. Value Added Services: oIn today’s economy, companies can not compete only on product price alone, we need to offer something extra to differentiate from competitors. oInformation Access, allowing customers access their own data enhances their experience with the company. This is also known as 3rd industrial revolution where both companies and customer can know each other better using digital technologies. oWe need to build a relationship with customer, remember we are all customers and suppliers to someone else. oEnhance B2C capabilities and experience.
- 8. Action Plan 5. Global Company with Local reach: o Understand the current demand of global market and set productions according to that for maximum output. oWork with market experts of various geography to tighten grip in every corner of the world. o Modularize products according to eclectic market and customer.
- 9. Benefits • Improved supply chain which means less investment. • More reach results in increased potential for expansion. • Better output in sales which means more profitability. • Extra edge over other competitors which keeps Roland ahead in the game.
- 10. Conclusion • Global products with right partner and correct business strategy will lead to a successful path of multi-local supply chain. Multi-local Supply Chain • Better Market standing because of flexible products according to local demands. Flexibility
- 11. References o Text Book “Designing and Managing the supply chain” o http://globalsupplychaininstitute.utk.edu/publications/d ocuments/GSCI-EPIC-paper.pdf o http://www.eazystock.com/blog/2015/08/03/6- inventory-control-techniques-for-stock-optimization/ o http://www.rolanddg.com/ir_e/business/index.html o http://www.rolanddg.com/news/nr160322_numberone. html
- 12. Thank You