Supply Chain Analytics

Leverage the power of AI and advanced analytics to leap frog your supply chain performance

In Plan2Execute, “big data” is not a fancy jargon. It is what we live by day to day and minute to minute.

Our consulting and system solutions leverage our adaptive algorithms and artificial intelligence in a seamless way. The client easily realizes and enjoys the benefits of our solution, without having to go through the pain of understanding the complexity behind the scenes.

Here are the different ways in which we leverage our big data & analytical capabilities

Descriptive Analytics Insight on Past Performances

Describe, Analyze, Improve

Past data continues to be the most reliable and immediate way to gauge the temperature of the supply chain.

A wide range of measures in Supply Chain Planning such as

  • forecast accuracy (Demand Planning)
  • out of territory shipments, stock outs, expedites, multiple shipments/order (Inventory Planning)
  • compliance to schedule and landed costs (Supply Planning)

And a whole range of measures in Supply Chain Execution such as

  • warehouse productivity and over times to
  • shipped on time, in full, using the right shipment mode, without damages and invoiced accurately (perfect order)

These measures along with their trends over time are valuable insights that we leverage to baseline and benchmark operations, identify root causes of issues and improve performance.

To learn more on how we can impact your supply chain performance, contact us.

Predictive Analytics – Understanding the Future

Predict, Perform, Profit

No man or machine can exactly predict what will happen in the future. But Predictive analytics can help you to determine future happenings and the likelihood/probability of those happenings.

See how we leverage our Predictive capabilities to

  • Demand sense and respond
  • Improve forecast accuracy
  • Anticipate the impact of promotion and pricing changes
  • Analyze the impact of New Product Introductions, SKU proliferation and associated cannibalization
  • Predict supply chain risks and disruptions
  • Continuously estimate the probability of an event and alert the appropriate stakeholder
  • Understand the pressure due to competitor activities & external factors

Talk to us about how we leveraged our predictive capabilities to model complex macro-economic and product life cycle data to improve forecast accuracy by 50%.

Prescriptive Analytics Prescribe Actions to generate favorable future outcomes

Prescribe, Execute, Benefit

Prescriptive Analytics – if administered appropriately can have huge benefits to a company’s bottom line.

While the general industry notion is that it is a relatively complex and a new field, we have been steadily improving and successfully leveraging a combination of advanced heuristics and prescriptive optimization techniques to solve real world supply chain problems for our clients. The techniques are applied on a variety of datasets including historical and transactional data, real-time data feeds, and big data.

To learn more on how we leverage our prescriptive capabilities to cut supply chain costs by 15 – 20% every day, contact us.

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Plan2Execute for Inbound Receipt and Packaging Processes

Our receiving functionalities, with real time inventory tracking, typically reduce dock to stock time from 24 – 72 hrs to under 15 minutes. Manage Container, TL, LTL and small package receipts efficiently. Enjoy visibility to Staging inventory for managing downstream activities. Easily sequence inspection and putaway operations, while tracking appropriate inventory status. Record and manage Lot/Batch/Expiration from receipt. Save time and improve efficiency for downstream pick, pack and ship operations through real time directed putaways.

Functionalities include…

  • Blind and documented receipts
  • Receiving and staging management
  • Handheld enabled inspection and quality control
  • Real-time directed put always

Dynamic Slotting and Replenishment

When was the last time you slotted your warehouse based on velocity? Is it still efficient? Do you have a seasonal business or a significant number of short life cycle items? Is there a better slotting that might improve performance? Worry no more. Let our WMS dynamically manage the slotting for you. Through a combination of continued velocity tracking and advanced prescriptive analytics, Plan2Execute WMS constantly manages slotting so you don’t have to. For one customer that has highly seasonal products, Plan2Execute WMS completely rotates the slots during the course of ongoing daily activities, without the need for a major re-slotting exercise.

Functionalities include…

  • Dynamic slotting
  • Automated seasonal slot management
  • Advanced primary and bulk storage rotation
  • Periodic, on-demand and pick time replenishments

Faster and efficient Pick, Pack and Ship Processes

Increase the throughput and speed of your pick, pack and ship operations. Accomplish more with less. Typical improvements in this process area is more than a third improvement in productivity, the ability to extend cut off time for orders shipped the same day and increase on-time ship performance. Manage Plan2Execute-Channel pick, pack and ship requirements. Let the Plan2Execute WMS manage the best combination of wave, batch, cluster and zone picks based on pipeline order profiling.

Functionalities include…

  • Directed & sequenced picking
  • Order, wave, batch, zone & cluster picking
  • Modal & Carrier based batching & picking
  • Cross docking
  • Regular and progressive packing
  • Shipping staging management
  • Least cost routing
  • Streamlined and error-free shipping

Accurate Inventory Control, Counts & Management

Real-time inventory visibility at your finger-tip is a necessity and not a luxury any more. Plan2Execute WMS provides visibility to inventory by location, by container, by lot number, expiration date, by status, etc in real time. In addition, task based functionalities such as “zero count in primary”, as well as “managed” and “exception” based cycle counts allow you to maintain location level inventory accuracy of over 99.3%. Manage FIFO, lot control, expiration with ease and stop losing sleep over compliance to regulatory requirements (FDA, Hazmat, etc).

Functionalities include…

  • Lot control, FIFO, Expiration, Hazmat and FDA
  • Managed and expectation based cycle counts
  • Physical counts

Proactive Labor Management

Track and monitor labor requirements by month, week of the month, day of the week and hours within the day. Proactively stagger and schedule shift timings to avoid overtime. Interleaved task based management combined with resource and resource-group performance tracking improves efficiencies and alerts supervisors on progress made by process area in real time. Move your best resources to where they are actually needed.

Key functionalities include:

  • Task interleaving
  • Performance tracking
  • Process area based progress monitoring
  • Resource and resource group based visibility

Embedded BI & Reporting

Achieve more with less. Our Plan2Execute-channel fulfillment modules allow you to manage multiple channel requirements with a minimal warehouse footprint. Dynamic inventory allocation rules by channel, by customer combined with a hybrid of pick and ship methodologies enable you to interleave the fulfillment management of orders across multiple channels with different requirements seamlessly.

Functionalities include…

  • Channel specific pick, pack and ship methodologies
  • Channel based service level and cost tracking
  • Plan2Execute Channel Visibility
  • EDI integration with channel partners