Overview
Transform your supply chain
Most supply chains focus on reducing operational costs through technologies and processes built for manufacturing and distribution operations. However, today’s global-leading enterprises are redefining the role and scope of their supply chains, making them perform at a strategic business level. They are transforming their supply chains to be demand-driven, with a direct bearing on revenue and profits. IT is at the core of this transformation, providing demand visibility and revenue opportunities across all levels of the supply chain. Oracle Demantra is one of the key technologies enabling supply chains to sense, shape and respond to demand in real-time. SYSTIME’s Demantra Practice brings years of JD Edwards experience blended with expertise in demand planning to help enterprises achieve supply chain transformation.
SYSTIME’s Demantra Practice enables your supply chain to:
- Achieve internal and external collaboration
- Leverage every source of data
- Use intelligence in supply chain applications, not algorithms
- Create a real-time, demand-driven sales and operations process
- Prioritize process excellence before technology.
Case Study
SYSTIME delivers an Integrated Oracle Demantra solution for one of the largest FMCG distributors in Middle East to improve Customer Service Level and Profitability
In order to help the consumer packages distributor, to improve planning and forecasting functions, SYSTIME has deployed integrated Oracle Demantra Demand Management solution for the Dubai, U.A.E. based company.
With the solution in place, the customer is able to improve accuracy and no longer depends on a manual process for planning and forecasting. Also, with Oracle Demantra the company can generate more consistent reports and maintain a better audit trail. All of these new capabilities also help the customer to better respond to demand as well as generate forecasts and consensus plans without the need of any special expertise. In less than four months, SYSTIME helped replace the manual, spreadsheet-forecasting processes with a state-of-the-art planning process. The integrated, streamlined process now provides better communication of forecast information and faster development and modification of sales and operating plans.
The implementation also provides a streamlined user interface as well as automated change tracking, online forecast measurement tools and a seamless integration between JD Edwards and Demantra.
Oracle Demantra Demand Management includes automated forecast analytics for out-of-the-box forecast accuracy improvements as well as real-time forecast capabilities that make it possible to get instant answers even in the most data-intensive planning scenarios. Additionally the solution offers multidimensional data modeling for up-to-date demand visibility for all departments as well as the ability to better predict new product demand, product promotions and product phase out and more.
Challenges
Top 5 challenges of transforming your supply chain and how to mitigate them
SYSTIME’s deep industry experience has helped delineate a few common challenges that businesses typically face while transforming into a demand-driven enterprise. This understanding has helped SYSTIME create solutions, leveraging Demantra, tailored for supply chain transformation.
Globalization of supply, localization of demand
Globalization provides benefits of global reach and focus, but also introduces more relationships to be managed and more potential for supply chain disruptions. Balancing supply and demand through increasingly distributed supply chains has become very challenging. Manufacturers usually carry extra inventory to meet dynamic demands across the globe.
SYSTIME’s solution: SYSTIME’s Demantra solution helps enterprises sense demand in real-time, at a more granular level and closer to the customer. It tracks and makes forecasts at the customer’s site or the plant. The solution, leverages best practice templates, and helps the business’ supply chain to transform from a reactive to a real time and proactive process.
Margin pressure as products and components are rapidly commoditized
Intense market competition is driving the commoditization of products. Businesses are either overspending on promotions or experiencing decline in returns on assets due to shorter product life cycles. In this scenario, variable and inaccurate demand forecasts could result in heavy production losses.
SYSTIME’s solution: SYSTIME helps enterprises synchronize their sales, marketing and supply chain processes using Demantra. It checks the availability of material and capacity to satisfy promotion demand. It helps understand halo effects, cannibalization and consumer stock piling caused by running a particular promotion. It optimizes promotion events based on goals and constraints viz. profit, revenue, units, timing, budget, etc.
Adapting to the consumer-driven, high-tech value chain
Many businesses invest heavily in building tighter working relationships with their top customers and thus becoming more customer-focused. However, the biggest challenge on this journey is the realization that you can't really plan the customer. Consumer expectations continue to escalate, while loyalty decreases. Customer service levels typically deteriorate because orders cannot be consistently fulfilled on time.
SYSTIME’s solution: SYSTIME’s Demantra solution builds in a continuous process of capturing customer and supplier information at the point-of-sale, and making accurate demand forecasts. It enables you to sense demand in real-time and respond quickly before customer preferences change.
Timely flow of information across the organization
Businesses typically rely on their suppliers or retailers to understand the demand. This limits their ability to seize market opportunities. Also, budget constraints and supply constraints further reduce enterprise’s ability to meet demand on time.
SYSTIME’s solution: SYSTIME’s Demantra solution enables collaboration and interaction between the business’ management team and the supply team, thus helping generate better informed demand forecasts. It provides best practice templates for management, supply and demand review. It monitors performance continuously, providing real-time visibility to deviations, and translates detailed planning information to corporate metrics.
Global competition
Globally, manufacturers are focused on innovating at an unprecedented pace in order to gain the first-mover advantage and market leadership. With the emergence of new consumer markets across the globe, creating products specific to individual local markets is the key to achieving market leadership.
SYSTIME’s solution: SYSTIME’s Demantra solution uses shape modeling to generate accurate forecast for new products. It helps determine the optimal timing of product launches, aligning new product schedules to financial targets and forecasts based on actual demand. It determines price breaks and promotions that can be leveraged for sell-off or ramp-up activities.