Supply Planning And Procurement
The Supply Planning & Procurement Package covers all aspects of the order development and stock replenishment process, from start to finish. This package includes a blueprint analysis of all operations, along with an analysis report to help clients identify areas for improvement. Additionally, it covers a segmentation analysis of suppliers to help clients optimize their procurement processes and budgeting. Other key components of the package include order management and supplier planning scorecards to track performance and identify opportunities for improvement. Knowhow also provides workshops to teach clients how to use the tools and improve their knowledge in this area.
For clients who are looking to further automate their supply planning and procurement processes, Knowhow can assist in identifying and implementing the best-fit system requirements. This helps ensure that clients are equipped with the most advanced tools and technologies to streamline their operations and maximize efficiency.
| Sections | Explanation |
| Blueprint of Existing Procurement & Supply Planning | This package involves a thorough review and analysis of the client’s existing supply planning process, including the conversion of sales forecasts to order forecasts and the consideration of internal and external factors. The order generation process and relevant indicators are also examined. A report is then presented, detailing the strengths and weaknesses of the current process, and suggesting areas for improvement based on industry and business standards. |
| Supplier Segmentation Strategy | Knowhow offers supplier segmentation services that analyze and benchmark the client’s existing suppliers, enabling them to develop short-, mid-, and long-term strategies based on structured classes. The segmentation process considers multiple criteria, such as business share, operational capacity, IT power, Manpower, and Vision. |
| Procurement Planning & Budgeting | Knowhow offers a comprehensive procurement planning and budgeting toolkit to help clients with brand- and/or division-level visibility into their shipment requirements from various perspectives, including financial, warehousing, and sales. This toolkit provides clients with short-, mid-, and long-term visibility to optimize their replenishment cycle, maximize warehouse efficiency by identifying palletized capacity needs, and enable sales departments to plan marketing strategies based on upcoming shipments. The toolkit also helps finance departments plan and budget capital needed for procurement, ensuring smooth operations and minimizing financial risks. |
| Order Management Process | Knowhow can develop a standardized order management process for the client that enables them to convert sales forecasts to order forecasts for related suppliers, considering internal and external factors and weights. This process will ensure alignment with the client’s business strategy and departmental goals and aim for optimal return on investment from each order, regardless of the level (brand, division, region or country level). |
| Shipment Forecast Development Process | The SKU level shipment forecast toolkit is designed to provide the client and their suppliers with long-term visibility on the required volume of shipments based on the replenishment cycle and key indicators. This toolkit considers various factors such as days of supply, capacity, and other relevant indicators, enabling the client to make informed decisions on their shipment requirements at the SKU level. |
| Supplier Performance Index (SPI) | Supplier Performance Index (SPI) is a standardized scorecard used to measure and track the performance of each supplier from different dimensions. The related KPIs can be customized based on the specific requirements of the business. SPI includes KPIs categorized under Quality, Delivery, Financial, Expenditures, Customer Service, Partnership level (i.e. strategic, operational, and tactical levels), and Governmental policy. |
| Supply Planning & Procurement Workshop | We offer 2 to 5 day workshops to teach our clients about supply planning & procurement techniques. We will also provide guidance to help planners improve their skills. During the workshops, we will introduce the toolkits we have developed, and provide hands-on training on how to use them effectively. |
| Supply Planning & Procurement Software & Implementation | For clients who have already standardized their supply planning and procurement practices, Knowhow can assist with developing a best-fit system requirement process that meets their needs at an optimal level. We can also lead the implementation of the software to automate their operations. This ensures that clients can further streamline their processes and achieve even greater efficiency and effectiveness. |