{"id":1747,"date":"2019-01-14T10:10:35","date_gmt":"2019-01-14T10:10:35","guid":{"rendered":"https:\/\/saddlepointtech.com\/newwpsite\/?page_id=1747"},"modified":"2020-01-28T11:45:38","modified_gmt":"2020-01-28T11:45:38","slug":"resources","status":"publish","type":"page","link":"https:\/\/saddlepointtech.com\/newwpsite\/resources\/","title":{"rendered":"Resources"},"content":{"rendered":"

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CASE STUDIES<\/h2>\n

[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=”stretch_row” css=”.vc_custom_1550841491752{margin-top: 32px !important;padding-top: 10px !important;background-color: #f2f2f2 !important;}”][vc_column][stm_spacing lg_spacing=”30″ md_spacing=”15″ sm_spacing=”10″ xs_spacing=”5″][vc_row_inner css=”.vc_custom_1550827534353{margin-bottom: 10px !important;}” el_class=”partnerpage”][vc_column_inner width=”1\/2″][stm_info_box style=”style_4″ title=”CASE STUDY 1″ css=”.vc_custom_1551517890365{border-radius: 15px !important;}” image=”2905″]<\/p>\n

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Depot Space Forecasting for a leading postal and courier company in the UK<\/p>\n<\/div>\n

[\/stm_info_box][vc_btn title=”DOWNLOAD PDF” style=”flat” shape=”square” color=”inverse” size=”sm” align=”left” i_icon_fontawesome=”fa fa-file-text-o” add_icon=”true” el_class=”buttonpdf” link=”url:https%3A%2F%2Fsaddlepointtech.com%2Fnewwpsite%2Fwp-content%2Fuploads%2F2019%2F05%2F1.-CS_Depot-Space-Forecasting-Whistl-UK-Scala.pdf||target:%20_blank|”][vc_empty_space height=”16px”][stm_info_box style=”style_4″ title=”CASE STUDY 3″ css=”.vc_custom_1551517963901{border-radius: 15px !important;}” image=”2907″]<\/p>\n

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Integrated Supply Chain Optimization Solution for metal and steel companies<\/p>\n<\/div>\n

[\/stm_info_box][vc_btn title=”DOWNLOAD PDF” style=”flat” shape=”square” color=”inverse” size=”sm” align=”left” i_icon_fontawesome=”fa fa-file-text-o” add_icon=”true” el_class=”buttonpdf” link=”url:https%3A%2F%2Fsaddlepointtech.com%2Fnewwpsite%2Fwp-content%2Fuploads%2F2019%2F05%2F3.-Integrated-Supply-Chain-Planning-for-Metal-and-Steel-companies.pdf||target:%20_blank|”][vc_empty_space height=”16px”][stm_info_box style=”style_4″ title=”CASE STUDY 5″ css=”.vc_custom_1551518028438{border-radius: 15px !important;}” image=”2909″]<\/p>\n

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Optimizing field services for one of the largest Telecom companies of the world<\/p>\n<\/div>\n

[\/stm_info_box][vc_btn title=”DOWNLOAD PDF” style=”flat” shape=”square” color=”inverse” size=”sm” align=”left” i_icon_fontawesome=”fa fa-file-text-o” add_icon=”true” el_class=”buttonpdf” link=”url:https%3A%2F%2Fsaddlepointtech.com%2Fnewwpsite%2Fwp-content%2Fuploads%2F2019%2F05%2F5.-OptiServe_-_Optimizing_Field_Service_Routes-Telecom.pdf||target:%20_blank|”][\/vc_column_inner][vc_column_inner width=”1\/2″][stm_info_box style=”style_4″ title=”CASE STUDY 2″ image=”2906″]<\/p>\n

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Dock Scheduling & Loading Optimization for one of the world’s largest Swedish F&B company<\/p>\n<\/div>\n

[\/stm_info_box][vc_btn title=”DOWNLOAD PDF” style=”flat” shape=”square” color=”inverse” size=”sm” align=”left” i_icon_fontawesome=”fa fa-file-text-o” add_icon=”true” el_class=”buttonpdf” css=”.vc_custom_1557810813866{margin-left: 16px !important;padding-left: 16px !important;}” link=”url:https%3A%2F%2Fsaddlepointtech.com%2Fnewwpsite%2Fwp-content%2Fuploads%2F2019%2F05%2F2.-CS_Dock-Scheduling-Carlsberg-St-Onge.pdf||target:%20_blank|”][vc_empty_space height=”16px”][stm_info_box style=”style_4″ title=”CASE STUDY 4″ image=”2908″]<\/p>\n

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Warehouse rationalization and impact assessment post GST across various industries<\/p>\n<\/div>\n

[\/stm_info_box][vc_btn title=”DOWNLOAD PDF” style=”flat” shape=”square” color=”inverse” size=”sm” align=”left” i_icon_fontawesome=”fa fa-file-text-o” add_icon=”true” el_class=”buttonpdf” link=”url:https%3A%2F%2Fsaddlepointtech.com%2Fnewwpsite%2Fwp-content%2Fuploads%2F2019%2F05%2F4.-Optimization-of-Network-for-GST.pdf||target:%20_blank|”][vc_empty_space height=”16px”][stm_info_box style=”style_4″ title=”CASE STUDY 6″ image=”2904″]<\/p>\n

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Optimized Replenishment Planning for\u00a0UK based manufacturer and retailer<\/p>\n<\/div>\n

[\/stm_info_box][vc_btn title=”DOWNLOAD PDF” style=”flat” shape=”square” color=”inverse” size=”sm” align=”left” i_icon_fontawesome=”fa fa-file-text-o” add_icon=”true” el_class=”buttonpdf” link=”url:https%3A%2F%2Fsaddlepointtech.com%2Fnewwpsite%2Fwp-content%2Fuploads%2F2019%2F05%2F6.-Replenishment-Planning-for-Retailing-Companies.pdf||target:%20_blank|”][vc_empty_space][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=”.vc_custom_1579843151720{margin-top: 45px !important;}”]<\/p>\n

BLOGS<\/h2>\n

[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=”stretch_row” disable_element=”yes” css=”.vc_custom_1580109096796{margin-top: 32px !important;padding-top: 10px !important;background-color: #f2f2f2 !important;}”][vc_column][stm_spacing lg_spacing=”60″ md_spacing=”15″ sm_spacing=”10″ xs_spacing=”5″][stm_info_box style=”style_2″ title=”Unlock your money from Unused Inventory” css=”.vc_custom_1579921395050{background-position: 0 0 !important;background-repeat: no-repeat !important;border-radius: 15px !important;}” vc_image_size=”full”]<\/p>\n

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\"\"<\/p>\n

Manu facturing companies often realize that the raw material or packing items stay unconsumed for several weeks. Such materials are ordered and inventoried after having borrowed money from banks and other sources, at rates of interest equivalent to 12-15 % per annum. Locked funds and the interest thus accrued due to unused inventories can have significant impact on the Net Profit Margin.<\/p>\n

\u00bb show more<\/p>

\u00a0<\/strong><\/p>\n

Apart from the ever changing demand, other main reasons for locked funds in inventories are:<\/p>\n

A. Less than Installed Manufacturing Capacity
\nProcurement departments assume certain manufacturing capacities as a thumb rule and place an order. Capacity losses due to planned or unplanned maintenance, setup or cleaning downtimes, power and labour uncertainty are not factored in.<\/p>\n

B. Missing component of a set
\nManufacturing processes involving integrating several materials into semi-finished and finished products are hampered because of missing components stuck in transit or due to Quality Clearance.<\/p>\n

C. Asynchronous ordering<\/p>\n

Some of the low lead time items (and with low variability in supply) land at the plant before the others (with higher lead time and higher supply variability) and result in unused inventory. This happens due to the fact that ordering is driven by aggregate consumption plan, i.e. material required in a month or quarter instead of a specific week or day.<\/p>\n

D. Long lasting impact of MOQ<\/p>\n

Ordering sizes are bound by contracts and inbound vehicle capacities. For low consumption items, this could mean money stuck in long lasting inventory. Add to it the shelf life aspects, and such unused inventory often has to be written off.<\/p>\n

Better Planning to Unlock Money in Inventory<\/strong><\/p>\n

Advanced Planning Systems from SCMworx can help release cash back into the system while following some simple rules.<\/p>\n

Rule 1 Generate a production plan with finite production capabilities while looking at potential lost capacity due to maintenance, labour and power and other uncertainties. You will notice that not material need to reach the manufacturing site.<\/p>\n

Rule 2 Determine the precise day\/week when the material shall be required for consumption. Do this while considering supply lead times of all materials in the Bills of Material and synchronize the ordering such that all materials are planned to reach the manufacturing site with minimal inventory pile up.<\/p>\n

Rule 3 Analyse the implications of MOQ based ordering with help of our long term reports as well as flash reports to help the procurement team to track the goods in transit as well as material lying with Quality Control team.<\/p>\n

Rule 4<\/p>\n

Use long term reports and flash reports to assess inventory and execution risks to estimate the impact on inventory and production schedule.<\/p>\n

\u00bb show less<\/p><\/div><\/div><\/strong><\/p>\n<\/div>\n

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