|
Minimizing
Supply Risk at Every Stage of the Product
Lifecycle
Successful supply chain risk management
must identify sourcing issues inherent at
each stage of a product’s lifecycle.
From tooling and capacity management, through
product end-of-life, each phase requires
different data and analysis to support decision-making:
- How much production capacity
is needed?
- How much Finished Good
Inventory (FGI) or raw materials are required
during a new product introduction (NPI)?
- How much upside flexibility
with suppliers is required at product
launch?
- How much FGI / raw materials
are required for a mature product?
- How much upside flexibility
with suppliers is required once a product
moves into the End-of-Life (EOL) phase
of the product lifecycle?
- What supply requirements
and service levels are required to effectively
service products that have been retired?
Today’s common “one-size-fits-all”
sourcing strategies don’t take into
account the varying demand patterns, and
strategies based on “rules of thumb”
cannot adequately respond to all of the
uncertainties that arise during the product
lifecycle. Even minor miscalculations add
up to a dramatic impact on your business:
lost sales affect top line revenue; excess
inventory can tip your balance sheet; and
your bottom line can erode as your margins
fall. And with today’s notoriously
short product lives, supply chain decisions
become more pressured, complex, and risky.
A Solution Every
Step of the Way
Vivecon Supply Risk Management solutions
target the primary points of uncertainty
and risk across each stage of the product
lifecycle.
Unique, forward-looking analytical
capabilities quantify risk and uncertainty
– including information about price
drivers, liabilities, and availability –
to deliver proactive, actionable recommendations
for mitigating supply risk and increasing
supply flexibility. Early-warning indicators
highlight capacity or material constraints,
price fluctuations and liabilities exposure
to provide maximum responsiveness while
a portfolio of structured supply contracts
helps you maintain control of supplier relationships.
• Vivecon patent-pending Range Forecasting
tools capture the range of possible demand
and supply outcomes.
• Vivecon patent-pending
Portfolio Management tools enable organizations
to create portfolios of Structured Agreements
that give the most flexible, responsive,
and cost-effective supply performance across
all market conditions.
The
First Perspective on Managing Supply Risk
Vivecon solutions enable you to better align
supply planning and sourcing decisions with
business objectives to reduce Total Sourcing
Cost, lower supply risk, and improve overall
supplier performance – at every stage
of your product’s lifecycle.
• Launch
Manager
• Strategic
Component Supply Manager
• End-of-Life
Supply Manager
|
