Reference : Samsung SDS Cello

Demand Sensing + Machine Learning

The most valuable inventory optimization solutions

How inventory optimization opens pathways to profitability

Reference: lokad.com

The fill rate is the fraction of customer demand that is met through immediate stock availability, without backorders or lost sales. The fill rate differs from the service level indicator. The fill rate has a considerable appeal to practitioners because it represents the fraction of the demand that is likely to be recovered or better serviced if the inventory performance was to be improved. The fill rate is measured empirically by averaging the number of correctly serviced requests over the total number of requests.

Reference: leanmanufacture.net

Two bin systems are common on assembly and moving manufacturing lines where components are added to the product or item being built. The two bin system is just like its name suggests, it is composed of two bins which are full of components or materials to start. As production commences one bin is drawn down of materials and the other bin, which is still full, acts as the buffer or safety stock.

When the first bin is completely depleted the worker or assembly line worker switches to the other bin, similar to a FIFO system. The switch of bins can be interpreted as a kanban signal for the supply process of that particular component to manufacture or supply the component just in time before the second bin runs out of material. The kanban signal can also be generated half way throughout the first bin, depending on lead times for the component to be supplied. 

This system in a way is similar to the EOQ inventory model with safety stock. It is a very common system used in vehicle manufacturing plants. The size or number of components in each bin is usually determined using the EOQ inventory model or a time period model. 

10 best practices you should be doing now

1. SCM 컨트롤 타워를 만들어라. Establish a governing supply chain council.

2. SCM 기능 조직을 전사적으로 연계하고 적정한 인재를 배치하라. Properly align and staff the supply chain organization.

3. 기술이 당신의 회사에 기여하게 만들어라. Make technology work for you.

4. 주요 공급사와 연합하라. Establish alliances with key suppliers.

5. 전략적 구매 연합에 적극 참여하라. Engage in collaborative strategic sourcing.

6. TCO에 집중할. Focus on total cost ownership(TCO), not price.

7. 공급 계약관리 기능은 SCM 기능 범위에 포함하라. Put contracts under the supply chain function.

8. 회사 소유의 재고를 최적화하라. Optimize company-owned inventory.

9. 적정 수준의 위헙을 관리하라. Establish appropriate levels of control and minimize risk.

10. 친환경 정책과 사회적 책임을 신중히 검토하라. Take "green" initiatives and social responsibility seriously.

Reference: 10 best practices you should be doing now

Reading Materials for Supply Chain Modeling

Reference: supplychainquarterly.com

Supply chain strategies: Which one hits the mark?

Supply chain segmentation: 10 steps to greater profits

Reference: kinaxis.com

Truth, Lies, and Statistical Modeling in Supply Chain - Part 1

Truth, Lies, and Statistical Modeling in Supply Chain - Part 2

Truth, Lies, and Statistical Modeling in Supply Chain - Part 3

Supply Chain Modeling: What Does the Future Hold?

What is supply chain and logistics network modeling?

Supply Chain Big Data Series Part 1 - KPMG

옴니채널 서비스 전략을 온오프라인의 연계 정도로만 생각한다면 큰 착오다. 고객 체험을 창출하는 차별화된 서비스를 개발하고 이를 자사의 철학으로 연계해야한다.

사례 : Ulta Beauty

분산형 블록체인 기반 INS 에코시스템

소비자와 생산자 직접 연결시켜 저렴하게 식료품 구입 가능한 마켓 플레이스 만들기

Reference: datanet.co.kr

Reference: http://www.businessdictionary.com/definition/backflushing.html

Process of determining the number of parts that must be subtracted from inventory records. This number is computed by referring to the number of parts withdrawn from the inventory (and delivered to the shopfloor) and the number of parts assumed (according to the bill of materials) to have been consumed in a manufacturing line at one or more deduct points.

Reference: Inventoryops.com

Backflushing

method for issuing (reducing on-hand quantities) materials to a manufacturing order. With backflushing, the material is issued automatically when production is posted against an operation. The backflushing program will use the quantity completed to calculate through the bill of material the quantities of the components used, and reduce on-hand balances by this amount. There are usually options during the backflush process to report scrap. In operations using backflushing it is advisable to set up specific machine locations and have materials transferred from storage locations to machine locations when they are physically picked for production. The backflush operation will then issue the material from the machine locations. Read my article on Backflushing.

Reference: erpgreat.com

Back flushing is nothing but automatic goods issue. System will automatically posts the goods issue when you confirm the operations.You have no need to make manual issue. It will reduce the effort. Backflushing is automatic accounting (Goods issues - 261 mvt) of material consumed for production, at the time of confirmation. Eg. When a 4 wheeler automobile is rolled out from assy line, 4 wheels & Tyres are deemed to be consumed and issued to production order automatically by way of backflushing by the system.