Optimizing Direct Procurement

Multi-Tier Procurement, Inventory Planning and Collaboration

With the One Network platform, customer demand is continuously translated across each tier and site in the network.

Demand propagation across the supply network considers the current demand forecast, inventory, production schedules, in-transit supply, supply commitments, bills of material (BOM), carrier pickup and delivery schedules, and the transportation network between sites.

This provides each site (across n-tiers) with accurate real-time demand visibility, as permitted by the network relationships each party has agreed to, at each site, upstream and downstream to the end customer.

Key capabilities include:

• Constrained multi-echelon supply and production planning with execution and collaboration across n-tiers
• Integrated distribution and transport planning with industry-leading execution capabilities

Continuous multi-tier tactical planning and intelligent NEO agents automatically create and adjust procurement and production orders, transportation orders, shipping and loading instructions, and pickup and delivery carrier appointments.

In addition, NEO intelligent agents continuously monitor execution streams in real-time to adjust plans and respond to changing conditions including predicted weather impacts on-site capacity and transport lanes, missed shipments, delayed production, canceled orders, and unexpected demand fluctuations.

Here are examples of the types of automated decisions agents can make or recommend:

• When, how much, and where to procure or make the product
• Predictive detection and proactive mitigation of stock-outs, late supply, supply delays, plan-to-actual deviations, cost overruns, and revenue shortfall
• Cancel, change and create transport, replenishment, procurement, production orders directly with partners on the network, to execute agent decisions immediately
• Decide how (transport lane, mode) and when to move product from site to site
• Schedule movement of products from the site to site directly with carriers
• Pickup and delivery-aware last-minute allocation of supply to site or store orders in cases of supply shortage
• Automated cancellation of transport orders to carriers to align transport with order commitments and inventory positioning
• Proactive detection of environmental impact (weather, traffic) on supply and transport
• Proactive response to environmental impacts via reshaping supply movement, allocation, stocking and distribution
• Automated order expediting, aggregation, consolidation

WEBCAST Optimizing Inbound Supply Processes for CPG & Life Science Companies

Date: Thursday, September 10, 2020 | Time: 12:00 PM EDT / 9:00 AM PDT