getting on time delivery (otd) from suppliers - always
DESCRIPTION
For many businesses, getting the material from suppliers on time is a very important factor. This will decide their delivery to customers on time. As many companies in North America are procuring from China, it is all the more essential that the On Time Delivery is controlled efficiently. This presentation discusses the ways and means companies con control the On Time Delivery Metrics. This presentation also talks about a system that is common for all the trading partners and one in the cloud.TRANSCRIPT
How to Get On Time Delivery From Suppliers - Always
Presented By
Srini RajaDirector – TPSynergy.com
Delayed Deliveries
No Visibility
Part Shortage
Excess Inventory
Industry Metrics
1. Only 38-40% of the time Suppliers Deliver on time
2. Smaller and Farther the supplier ,OTD is low
What Contributes to Delay in Deliveries
1. PO/PO Change Never Reaches Supplier
2. PO Misplaced by Supplier.3. Supplier Fails to
Manufacture on time4. Supplier Fails to ship on
time5. In Transit Delays6. Quality Rejections
How to Mitigate the Risks
1. Confirmation and Commitment from Suppliers
2. Each and every PO need to be tracked
3. Monitor Mile Stone Progress During Manufacturing
4. Advance Shipment Notification (ASN)
5. Shipment Tracking6. Quality Feedback &
Corrective Actions7. Measure On Time Delivery
Performance
Lean Manufacturing
Less StocksFrequent PO
Frequent Changes
Buried in Emails
One View Universal System
A Common System used by All Parties in Supply Chain greatly improves OTD
Orders Visibility/Collaboration
Manufacturing Milestones Shipment Tracking Delay Alerts Quality
Feedback/Corrective Action
Performance ScoreCard
Buyer Supplier
Logistics
Demo of an Universal Supply Chain System
