simulation links
DESCRIPTION
Links SimulationTRANSCRIPT
Our Strategy…Early Postponement
Responsive Supply Chain System
Build Relationship
Cost Control
Operational Improvement
Remember the “GOAL”
“as we planned”
Key Performance Indicators
Net Income to Revenue %
Transportation Expenses
Customer Satisfaction
Forecasting Accuracy
Inventory Turnover
Unplanned Production
Net Income to Revenue %
Month 2 Month 3 Month 4 Month 5 Month 6 Month 7
5.0
6.0
7.0
8.0
9.0
10.0
11.0
Firm
Industry Best
Industry Average
Industry Worst
Transportation Expense
Month 2 Month 3 Month 4 Month 5 Month 6 Month 7
25.0
27.0
29.0
31.0
33.0
35.0
37.0
Firm
Industry Best
Industry Average
Industry Worst
Customer Satisfaction
Month 2 Month 3 Month 4 Month 5 Month 6 Month 7
20.0
22.0
24.0
26.0
28.0
30.0
32.0
34.0
36.0
Firm
Industry Best
Industry Average
Industry Worst
Forecasting Accuracy
Month 2 Month 3 Month 4 Month 5 Month 6 Month 7
75
77
79
81
83
85
87
89
91
93
95
Forecasting Accuracy %
Firm
Industry Best
Industry Average
Industry Worst
Inventory Turnover
Month 2 Month 3 Month 4 Month 5 Month 6 Month 7
5.0
10.0
15.0
20.0
25.0
30.0
35.0
40.0
45.0
Firm
Industry Best
Industry Average
Industry Worst
Unplanned Production %
Month 2 Month 3 Month 4 Month 5 Month 6 Month 7
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
Firm Industry Best
Industry Average Industry Worst
Overall Performance
Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 75
80
85
90
95
Firm 1 Firm 2
Firm 3 Firm 4
What we learnt from LINKS…Important to get forecasts right
Balance between Quality and Cost
Postponement to meet erratic demand
Inventory Control
Building Supplier relationship pays off
Importance of change in pricing
Tips before handover…Improve your forecasts
Do not let the inventory pile up
Pay good attention to quality
Remember the “GOAL”