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The Struggle For Inventory Visibility

visieiLITY THE STRUGGLE FOR VISIBILITY 2. 801 IN GLOBAL SUPPLY CHAINS CommercelnMotion.com VISIBILITY: Knowing where products and inventories are located, being able to monitor order progress, and being able to anticipate unplanned events in the supply chain. Rank Visibility "Very Important" to Value Creation' 79% COMPANIES NOW UNDERSTAND THE LINK BETWEEN VISIBILITY Rank Improving Visibility as their Top Priority? AND PERFORMANCE 49% THAT'S AN IMPROVEMENT OF 9.85% 2008-09 RECESSION 1.50 AND INVENTORY-SALES RATIOS 1.42 1.45 HAVE IMPROVED 1.40 1.28 1.35 1.25 1.20 1.15 HOWEVER, GOOD INTENTIONS 1.10 HAVE NOT PRODUCED COMPREHENSIVE ACTION“ COMPANIES MONITORING INBOUND SUPPLY-SIDE MILESTONES MANUALLY AND PERFORMANCE RESULTS HAVE DEFINITELY BEEN MIXED5 Supplier Order Acknowledge 49% Order Acknowledge PO Match 43% RETAIL MFG Supplier Production Plans 43% Fill Rate on 91.8% 93.8% Closed Orders Supplier Production In-Process 43% In-Stock in Stores 94.7% N/A ASN by Supplier 39% 14 Days 17 Days Lead Time ASN Matches PO 42% On-Time Delivery 88.0% 90.3% Carrier Pickup of Goods 43% "Perfect Order "Rate 85.7% 92.7% In-Transit Shipment Events 42% Timely & Accurate ASN 89.4% 90.7% Customs Clearance Events 46% Timely & Accurate PO Acknowledge 90.7% 96.5% 0.1 0.2 0.3 0.4 0.5 ACTIONS SUPPLY CHAIN LEADERS ..WHICH HAVE LED TO SIGNIFICANT HAVE TAKEN TO IMPROVE OPERATIONAL IMPROVEMENTS' A VISIBILITY. 66% 60% BEST-IN-CLASS COMPANIES ARE... as likely to have online visibility into sustainability & green metrics 2.8 times Streamlined Processes for Easier Monitoring, Usability & Efficiency Integrated Supply Chain Transactions & Costs into their Operations as likely to have online visibility into supply chain disruptions 2.3 times 46% 31% as likely to have the ability to analyze current supply chain risks 2.0 times Integrated Supply Chain Transactions & Costs into Have Increased B2B as likely to have online visibility into customs events status CUSTOMS 1.9 times Connectivity & Visibility into Supply-side Processes their Operations 1 - CSCO Insights 2011 2 - Capgemini 2011 Supply Chain Agenda 3 - US Dept. of Commerce Census Bureau 5 - Supply Chain Consortium 2011 Core Benchmarks Report 4,6,7 - Aberdeen Group 2011 Supply Chain Visibility Report SPONSORED BY RedPrairie |66- |66-ə 00-ON Oct-01 Sep-02 Aug-03 Jul-04 Jun-05 May-06 Apr-07 Mar-08 | 60-qə Jan-10 Dec-10 visieiLITY THE STRUGGLE FOR VISIBILITY 2. 801 IN GLOBAL SUPPLY CHAINS CommercelnMotion.com VISIBILITY: Knowing where products and inventories are located, being able to monitor order progress, and being able to anticipate unplanned events in the supply chain. Rank Visibility "Very Important" to Value Creation' 79% 1 COMPANIES NOW UNDERSTAND THE LINK BETWEEN VISIBILITY Rank Improving Visibility as their Top Priority? AND PERFORMANCE 49% THAT'S AN IMPROVEMENT OF 9.85% 2008-09 RECESSION 1.50 AND INVENTORY-SALES RATIOS 1.42 1.45 HAVE IMPROVED 1.40 1.28 1.35 1.25 1.20 1.15 HOWEVER, GOOD INTENTIONS 1.10 HAVE NOT PRODUCED COMPREHENSIVE ACTION“ COMPANIES MONITORING INBOUND SUPPLY-SIDE MILESTONES MANUALLY AND PERFORMANCE RESULTS HAVE DEFINITELY BEEN MIXED5 Supplier Order Acknowledge 49% Order Acknowledge PO Match 43% RETAIL MFG Supplier Production Plans 43% Fill Rate on 91.8% 93.8% Closed Orders Supplier Production In-Process 43% In-Stock in Stores 94.7% N/A ASN by Supplier 39% 14 Days 17 Days Lead Time ASN Matches PO 42% On-Time Delivery 88.0% 90.3% Carrier Pickup of Goods 43% "Perfect Order "Rate 85.7% 92.7% In-Transit Shipment Events 42% Timely & Accurate ASN 89.4% 90.7% Customs Clearance Events 46% Timely & Accurate PO Acknowledge 90.7% 96.5% 0.1 0.2 0.3 0.4 0.5 ACTIONS SUPPLY CHAIN LEADERS ..WHICH HAVE LED TO SIGNIFICANT HAVE TAKEN TO IMPROVE OPERATIONAL IMPROVEMENTS' A VISIBILITY. 66% 60% BEST-IN-CLASS COMPANIES ARE... as likely to have online visibility into sustainability & green metrics 2.8 times Streamlined Processes for Easier Monitoring, Usability & Efficiency Integrated Supply Chain Transactions & Costs into their Operations as likely to have online visibility into supply chain disruptions 2.3 times 46% 31% as likely to have the ability to analyze current supply chain risks 2.0 times Integrated Supply Chain Transactions & Costs into Have Increased B2B as likely to have online visibility into customs events status CUSTOMS 1.9 times Connectivity & Visibility into Supply-side Processes their Operations 1 - CSCO Insights 2011 2 - Capgemini 2011 Supply Chain Agenda 3 - US Dept. of Commerce Census Bureau 5 - Supply Chain Consortium 2011 Core Benchmarks Report 4,6,7 - Aberdeen Group 2011 Supply Chain Visibility Report SPONSORED BY RedPrairie |66- |66-ə 00-ON Oct-01 Sep-02 Aug-03 Jul-04 Jun-05 May-06 Apr-07 Mar-08 | 60-qə Jan-10 Dec-10 visieiLITY THE STRUGGLE FOR VISIBILITY 2. 801 IN GLOBAL SUPPLY CHAINS CommercelnMotion.com VISIBILITY: Knowing where products and inventories are located, being able to monitor order progress, and being able to anticipate unplanned events in the supply chain. Rank Visibility "Very Important" to Value Creation' 79% 1 COMPANIES NOW UNDERSTAND THE LINK BETWEEN VISIBILITY Rank Improving Visibility as their Top Priority? AND PERFORMANCE 49% THAT'S AN IMPROVEMENT OF 9.85% 2008-09 RECESSION 1.50 AND INVENTORY-SALES RATIOS 1.42 1.45 HAVE IMPROVED 1.40 1.28 1.35 1.25 1.20 1.15 HOWEVER, GOOD INTENTIONS 1.10 HAVE NOT PRODUCED COMPREHENSIVE ACTION“ COMPANIES MONITORING INBOUND SUPPLY-SIDE MILESTONES MANUALLY AND PERFORMANCE RESULTS HAVE DEFINITELY BEEN MIXED5 Supplier Order Acknowledge 49% Order Acknowledge PO Match 43% RETAIL MFG Supplier Production Plans 43% Fill Rate on 91.8% 93.8% Closed Orders Supplier Production In-Process 43% In-Stock in Stores 94.7% N/A ASN by Supplier 39% 14 Days 17 Days Lead Time ASN Matches PO 42% On-Time Delivery 88.0% 90.3% Carrier Pickup of Goods 43% "Perfect Order "Rate 85.7% 92.7% In-Transit Shipment Events 42% Timely & Accurate ASN 89.4% 90.7% Customs Clearance Events 46% Timely & Accurate PO Acknowledge 90.7% 96.5% 0.1 0.2 0.3 0.4 0.5 ACTIONS SUPPLY CHAIN LEADERS ..WHICH HAVE LED TO SIGNIFICANT HAVE TAKEN TO IMPROVE OPERATIONAL IMPROVEMENTS' A VISIBILITY. 66% 60% BEST-IN-CLASS COMPANIES ARE... as likely to have online visibility into sustainability & green metrics 2.8 times Streamlined Processes for Easier Monitoring, Usability & Efficiency Integrated Supply Chain Transactions & Costs into their Operations as likely to have online visibility into supply chain disruptions 2.3 times 46% 31% as likely to have the ability to analyze current supply chain risks 2.0 times Integrated Supply Chain Transactions & Costs into Have Increased B2B as likely to have online visibility into customs events status CUSTOMS 1.9 times Connectivity & Visibility into Supply-side Processes their Operations 1 - CSCO Insights 2011 2 - Capgemini 2011 Supply Chain Agenda 3 - US Dept. of Commerce Census Bureau 5 - Supply Chain Consortium 2011 Core Benchmarks Report 4,6,7 - Aberdeen Group 2011 Supply Chain Visibility Report SPONSORED BY RedPrairie |66- |66-ə 00-ON Oct-01 Sep-02 Aug-03 Jul-04 Jun-05 May-06 Apr-07 Mar-08 | 60-qə Jan-10 Dec-10 visieiLITY THE STRUGGLE FOR VISIBILITY 2. 801 IN GLOBAL SUPPLY CHAINS CommercelnMotion.com VISIBILITY: Knowing where products and inventories are located, being able to monitor order progress, and being able to anticipate unplanned events in the supply chain. Rank Visibility "Very Important" to Value Creation' 79% 1 COMPANIES NOW UNDERSTAND THE LINK BETWEEN VISIBILITY Rank Improving Visibility as their Top Priority? AND PERFORMANCE 49% THAT'S AN IMPROVEMENT OF 9.85% 2008-09 RECESSION 1.50 AND INVENTORY-SALES RATIOS 1.42 1.45 HAVE IMPROVED 1.40 1.28 1.35 1.25 1.20 1.15 HOWEVER, GOOD INTENTIONS 1.10 HAVE NOT PRODUCED COMPREHENSIVE ACTION“ COMPANIES MONITORING INBOUND SUPPLY-SIDE MILESTONES MANUALLY AND PERFORMANCE RESULTS HAVE DEFINITELY BEEN MIXED5 Supplier Order Acknowledge 49% Order Acknowledge PO Match 43% RETAIL MFG Supplier Production Plans 43% Fill Rate on 91.8% 93.8% Closed Orders Supplier Production In-Process 43% In-Stock in Stores 94.7% N/A ASN by Supplier 39% 14 Days 17 Days Lead Time ASN Matches PO 42% On-Time Delivery 88.0% 90.3% Carrier Pickup of Goods 43% "Perfect Order "Rate 85.7% 92.7% In-Transit Shipment Events 42% Timely & Accurate ASN 89.4% 90.7% Customs Clearance Events 46% Timely & Accurate PO Acknowledge 90.7% 96.5% 0.1 0.2 0.3 0.4 0.5 ACTIONS SUPPLY CHAIN LEADERS ..WHICH HAVE LED TO SIGNIFICANT HAVE TAKEN TO IMPROVE OPERATIONAL IMPROVEMENTS' A VISIBILITY. 66% 60% BEST-IN-CLASS COMPANIES ARE... as likely to have online visibility into sustainability & green metrics 2.8 times Streamlined Processes for Easier Monitoring, Usability & Efficiency Integrated Supply Chain Transactions & Costs into their Operations as likely to have online visibility into supply chain disruptions 2.3 times 46% 31% as likely to have the ability to analyze current supply chain risks 2.0 times Integrated Supply Chain Transactions & Costs into Have Increased B2B as likely to have online visibility into customs events status CUSTOMS 1.9 times Connectivity & Visibility into Supply-side Processes their Operations 1 - CSCO Insights 2011 2 - Capgemini 2011 Supply Chain Agenda 3 - US Dept. of Commerce Census Bureau 5 - Supply Chain Consortium 2011 Core Benchmarks Report 4,6,7 - Aberdeen Group 2011 Supply Chain Visibility Report SPONSORED BY RedPrairie |66- |66-ə 00-ON Oct-01 Sep-02 Aug-03 Jul-04 Jun-05 May-06 Apr-07 Mar-08 | 60-qə Jan-10 Dec-10 visieiLITY THE STRUGGLE FOR VISIBILITY 2. 801 IN GLOBAL SUPPLY CHAINS CommercelnMotion.com VISIBILITY: Knowing where products and inventories are located, being able to monitor order progress, and being able to anticipate unplanned events in the supply chain. Rank Visibility "Very Important" to Value Creation' 79% 1 COMPANIES NOW UNDERSTAND THE LINK BETWEEN VISIBILITY Rank Improving Visibility as their Top Priority? AND PERFORMANCE 49% THAT'S AN IMPROVEMENT OF 9.85% 2008-09 RECESSION 1.50 AND INVENTORY-SALES RATIOS 1.42 1.45 HAVE IMPROVED 1.40 1.28 1.35 1.25 1.20 1.15 HOWEVER, GOOD INTENTIONS 1.10 HAVE NOT PRODUCED COMPREHENSIVE ACTION“ COMPANIES MONITORING INBOUND SUPPLY-SIDE MILESTONES MANUALLY AND PERFORMANCE RESULTS HAVE DEFINITELY BEEN MIXED5 Supplier Order Acknowledge 49% Order Acknowledge PO Match 43% RETAIL MFG Supplier Production Plans 43% Fill Rate on 91.8% 93.8% Closed Orders Supplier Production In-Process 43% In-Stock in Stores 94.7% N/A ASN by Supplier 39% 14 Days 17 Days Lead Time ASN Matches PO 42% On-Time Delivery 88.0% 90.3% Carrier Pickup of Goods 43% "Perfect Order "Rate 85.7% 92.7% In-Transit Shipment Events 42% Timely & Accurate ASN 89.4% 90.7% Customs Clearance Events 46% Timely & Accurate PO Acknowledge 90.7% 96.5% 0.1 0.2 0.3 0.4 0.5 ACTIONS SUPPLY CHAIN LEADERS ..WHICH HAVE LED TO SIGNIFICANT HAVE TAKEN TO IMPROVE OPERATIONAL IMPROVEMENTS' A VISIBILITY. 66% 60% BEST-IN-CLASS COMPANIES ARE... as likely to have online visibility into sustainability & green metrics 2.8 times Streamlined Processes for Easier Monitoring, Usability & Efficiency Integrated Supply Chain Transactions & Costs into their Operations as likely to have online visibility into supply chain disruptions 2.3 times 46% 31% as likely to have the ability to analyze current supply chain risks 2.0 times Integrated Supply Chain Transactions & Costs into Have Increased B2B as likely to have online visibility into customs events status CUSTOMS 1.9 times Connectivity & Visibility into Supply-side Processes their Operations 1 - CSCO Insights 2011 2 - Capgemini 2011 Supply Chain Agenda 3 - US Dept. of Commerce Census Bureau 5 - Supply Chain Consortium 2011 Core Benchmarks Report 4,6,7 - Aberdeen Group 2011 Supply Chain Visibility Report SPONSORED BY RedPrairie |66- |66-ə 00-ON Oct-01 Sep-02 Aug-03 Jul-04 Jun-05 May-06 Apr-07 Mar-08 | 60-qə Jan-10 Dec-10 visieiLITY THE STRUGGLE FOR VISIBILITY 2. 801 IN GLOBAL SUPPLY CHAINS CommercelnMotion.com VISIBILITY: Knowing where products and inventories are located, being able to monitor order progress, and being able to anticipate unplanned events in the supply chain. Rank Visibility "Very Important" to Value Creation' 79% 1 COMPANIES NOW UNDERSTAND THE LINK BETWEEN VISIBILITY Rank Improving Visibility as their Top Priority? AND PERFORMANCE 49% THAT'S AN IMPROVEMENT OF 9.85% 2008-09 RECESSION 1.50 AND INVENTORY-SALES RATIOS 1.42 1.45 HAVE IMPROVED 1.40 1.28 1.35 1.25 1.20 1.15 HOWEVER, GOOD INTENTIONS 1.10 HAVE NOT PRODUCED COMPREHENSIVE ACTION“ COMPANIES MONITORING INBOUND SUPPLY-SIDE MILESTONES MANUALLY AND PERFORMANCE RESULTS HAVE DEFINITELY BEEN MIXED5 Supplier Order Acknowledge 49% Order Acknowledge PO Match 43% RETAIL MFG Supplier Production Plans 43% Fill Rate on 91.8% 93.8% Closed Orders Supplier Production In-Process 43% In-Stock in Stores 94.7% N/A ASN by Supplier 39% 14 Days 17 Days Lead Time ASN Matches PO 42% On-Time Delivery 88.0% 90.3% Carrier Pickup of Goods 43% "Perfect Order "Rate 85.7% 92.7% In-Transit Shipment Events 42% Timely & Accurate ASN 89.4% 90.7% Customs Clearance Events 46% Timely & Accurate PO Acknowledge 90.7% 96.5% 0.1 0.2 0.3 0.4 0.5 ACTIONS SUPPLY CHAIN LEADERS ..WHICH HAVE LED TO SIGNIFICANT HAVE TAKEN TO IMPROVE OPERATIONAL IMPROVEMENTS' A VISIBILITY. 66% 60% BEST-IN-CLASS COMPANIES ARE... as likely to have online visibility into sustainability & green metrics 2.8 times Streamlined Processes for Easier Monitoring, Usability & Efficiency Integrated Supply Chain Transactions & Costs into their Operations as likely to have online visibility into supply chain disruptions 2.3 times 46% 31% as likely to have the ability to analyze current supply chain risks 2.0 times Integrated Supply Chain Transactions & Costs into Have Increased B2B as likely to have online visibility into customs events status CUSTOMS 1.9 times Connectivity & Visibility into Supply-side Processes their Operations 1 - CSCO Insights 2011 2 - Capgemini 2011 Supply Chain Agenda 3 - US Dept. of Commerce Census Bureau 5 - Supply Chain Consortium 2011 Core Benchmarks Report 4,6,7 - Aberdeen Group 2011 Supply Chain Visibility Report SPONSORED BY RedPrairie |66- |66-ə 00-ON Oct-01 Sep-02 Aug-03 Jul-04 Jun-05 May-06 Apr-07 Mar-08 | 60-qə Jan-10 Dec-10 visieiLITY THE STRUGGLE FOR VISIBILITY 2. 801 IN GLOBAL SUPPLY CHAINS CommercelnMotion.com VISIBILITY: Knowing where products and inventories are located, being able to monitor order progress, and being able to anticipate unplanned events in the supply chain. Rank Visibility "Very Important" to Value Creation' 79% 1 COMPANIES NOW UNDERSTAND THE LINK BETWEEN VISIBILITY Rank Improving Visibility as their Top Priority? AND PERFORMANCE 49% THAT'S AN IMPROVEMENT OF 9.85% 2008-09 RECESSION 1.50 AND INVENTORY-SALES RATIOS 1.42 1.45 HAVE IMPROVED 1.40 1.28 1.35 1.25 1.20 1.15 HOWEVER, GOOD INTENTIONS 1.10 HAVE NOT PRODUCED COMPREHENSIVE ACTION“ COMPANIES MONITORING INBOUND SUPPLY-SIDE MILESTONES MANUALLY AND PERFORMANCE RESULTS HAVE DEFINITELY BEEN MIXED5 Supplier Order Acknowledge 49% Order Acknowledge PO Match 43% RETAIL MFG Supplier Production Plans 43% Fill Rate on 91.8% 93.8% Closed Orders Supplier Production In-Process 43% In-Stock in Stores 94.7% N/A ASN by Supplier 39% 14 Days 17 Days Lead Time ASN Matches PO 42% On-Time Delivery 88.0% 90.3% Carrier Pickup of Goods 43% "Perfect Order "Rate 85.7% 92.7% In-Transit Shipment Events 42% Timely & Accurate ASN 89.4% 90.7% Customs Clearance Events 46% Timely & Accurate PO Acknowledge 90.7% 96.5% 0.1 0.2 0.3 0.4 0.5 ACTIONS SUPPLY CHAIN LEADERS ..WHICH HAVE LED TO SIGNIFICANT HAVE TAKEN TO IMPROVE OPERATIONAL IMPROVEMENTS' A VISIBILITY. 66% 60% BEST-IN-CLASS COMPANIES ARE... as likely to have online visibility into sustainability & green metrics 2.8 times Streamlined Processes for Easier Monitoring, Usability & Efficiency Integrated Supply Chain Transactions & Costs into their Operations as likely to have online visibility into supply chain disruptions 2.3 times 46% 31% as likely to have the ability to analyze current supply chain risks 2.0 times Integrated Supply Chain Transactions & Costs into Have Increased B2B as likely to have online visibility into customs events status CUSTOMS 1.9 times Connectivity & Visibility into Supply-side Processes their Operations 1 - CSCO Insights 2011 2 - Capgemini 2011 Supply Chain Agenda 3 - US Dept. of Commerce Census Bureau 5 - Supply Chain Consortium 2011 Core Benchmarks Report 4,6,7 - Aberdeen Group 2011 Supply Chain Visibility Report SPONSORED BY RedPrairie |66- |66-ə 00-ON Oct-01 Sep-02 Aug-03 Jul-04 Jun-05 May-06 Apr-07 Mar-08 | 60-qə Jan-10 Dec-10

The Struggle For Inventory Visibility

shared by RedPrairieCorp on Sep 21
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As supply networks get more and more global (and more and more complex), companies need timely visibility into global inventory positions more than ever. Unfortunately, the challenges to securing acc...

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