High-Value Impacts: NexInfo Presentation on Transformative Business
- 1. Targeting High Value Improvements in your Company NexInfo Executive Education Team 26 July 2018
- 2. www.nexinfo.com Industry Experience • All participants will be on mute, so please ask questions via chat – through the webinar • For today’s session attendees, we have a offer which you will appreciate Before we start
- 3. Who Is NexInfo? 3 SUMMARY • Consulting company focused on helping clients achieve Operational Excellence via an optimal blend of Business Process & Software consulting services • Deep domain expertise, including: Integrated Business Planning, Sales & Operations Planning, Enterprise Resource Planning (ERP), Product Lifecycle Management (PLM), Predictive Data Analytics, Security & Compliance, and Business Transformations • Founded in 1999 and managed by computer industry & business process professionals • Clients include emerging companies and Fortune 1000 corporations • Recognized in the industry, including features in Gartner Reports, The Silicon Review (50 Smartest Companies of the Year 2016 and 10 Fastest Growing Oracle Solution Providers 2017), and CIO Review (100 Most Promising Oracle Solution Providers 2015) PARTNERS CORPORATE INFO • HQ in Orange County, CA with offices in Redmond, WA, Chicago, IL, Bridgewater, NJ, Dublin, Ireland, Chennai & Bangalore, India • Operations across the United States, Europe (Ireland, UK, Switzerland, Belgium) & India
- 5. www.nexinfo.com Industry Experience • Recognizing the shortcomings of typical ‘improvement definition’ processes • Understanding how value can be identified to prioritize by value • Learning some value drivers Today’s Takeaway
- 6. www.nexinfo.com Industry Experience • CEO of NexInfo Solutions • Over 22 years of consulting experience helping clients achieve excellence in business process and automation using software • Experience across multiple industries including Life Sciences, Biotech, High Technology, Aerospace, etc. • Conducts leadership / stakeholder education workshops to help create roadmaps and realize the full potential of their business model Today’s Presenter Arun Cavale
- 7. www.nexinfo.com Industry Experience How Improvements are typically identified
- 8. www.nexinfo.com Industry Experience Typical Improvement Methodologies Get Business Requirements from users Consolidate Business Requirements Group Prioritizing Requirements Most Vociferous Quick Implementation Fits Budget Customer Driven Regulatory Driven Business Process Owner requests change Identify strategic improvements Conduct Feasibility Analysis Business Stakeholders IT Stakeholders
- 9. www.nexinfo.com Industry Experience • Projects that solve specific problems for a small group while creating more work for other groups • Projects that result in an improvement that won’t be adopted by others • Projects that seem to have conflicts with other projects • Projects with dissatisfied users or low user adoption Typical results!
- 10. Why We’re Different: Our NexGen Methodology 10
- 11. www.nexinfo.com Industry Experience Defining Value for your organization
- 12. www.nexinfo.com Improving Brand Image Increasing Sales Increasing Employee Satisfaction Popular Improving Collaboration Improving Productivity Streamlining Processes Discussed Enabling future business model Improving Controls Enabling Innovation Thought Work Quality Risk Reduction
- 13. www.nexinfo.com Industry Experience • Organizations that can align their entire organization to a vision tend to succeed better • Organizations with accountability and controls at all levels tend to succeed better • Collaborative environments tend to foster success • Driving Innovation at all levels results in success Achieving Success Improved Brand Image, Increased Sales & Employee Satisfaction are all outcomes of having the above
- 14. www.nexinfo.com Industry Experience • Contribute to organizations • Vision & Mission • Collaboration • Innovation • Accountability • Provide a ‘process improvement’ that impacts multiple domains, groups, or geographies • Helps increase analytical work and reduce ‘mundane’ work • Reduces risk of business loss • Increases Revenue • Provides a long term strategic advantage for the business model What are High Value Improvements
- 15. www.nexinfo.com Industry Experience Example of identifying High Value Improvements
- 16. www.nexinfo.com Industry Experience • Business Process Flow Reviews • Level 1, Level 2 & Level 3 processes • Process flow control loops • Metrics How to Identify High Value Improvements Demand Driven Supply Driven Risk Driven Project Driven Extended Supply Chain Different types of Supply Chains Step 1 : Identify your control points & metrics Step 2 : Identify your supply chain category
- 17. www.nexinfo.com Industry Experience • Demand Forecast Accuracy • Product Level • Product Mix Level • Customer – Product Level • Management of Forecast versus Orders • Customer Request Date • Booking Date • Lost Orders • Demand Variability • Time to Ship & Time to Deliver • New Product Introductions Identify your Supply Chain Category Demand Driven
- 18. www.nexinfo.com Industry Experience • Demand Prioritization & Supply Allocation • Capacity Utilization & Safety Stocks • Network balancing • Production / Supply Adherence • Inventory Costs & Inventory Turns • Inventory postponement for product mix changes • Demand forecast accuracy Supply Driven Identify your Supply Chain Category
- 19. www.nexinfo.com Industry Experience • Stockout risk • Brand Loyalty Risk • Inventory Levels for Risk • Safety Stocks • Demand forecast accuracy Risk Driven Identify your Supply Chain Category
- 20. www.nexinfo.com Industry Experience • Project Lifecycle Times & Start up times • Project critical path • Material lead times & build lead times • Project repeatability • Risk factors and mitigation plans Project Driven Identify your Supply Chain Category
- 21. www.nexinfo.com Industry Experience • Inventory positions in extended supply chain • Data latency in extended supply chain • Collaboration capability • Types of signals (Forecasts versus Orders) • Visibility into n-Tiers of supply chain Extended Supply Chain Identify your Supply Chain Category
- 22. www.nexinfo.com Industry Experience • Problem Analysis • Problem Impact – Internal & External • Solution evaluation • Benefits evaluation How to Identify High Value Improvements Step 3 : Define problem statement Step 1 : Identify your control points & metrics Step 2 : Identify your supply chain category
- 23. www.nexinfo.com Industry Experience • All companies are on a continuous improvement path • If you want to achieve highest impact for the money spent, then use a methodology that allows you to identify such improvements • Enable key drivers in your company that will become the culture of the company Summary
- 24. www.nexinfo.com Industry Experience • A workshop led by Arun Cavale that will take you step by step in mapping business processes • Explanation and detailed education on Level 1 – Level 2 – Level 3 process flows to enable identification of high value improvements • To schedule contact : Melody Benabou Melody.Benabou@nexinfo.com Or LetsTalk@nexinfo.com Offer to today’s attendees
- 25. Targeting High Value Improvements in your Company NexInfo Executive Education Team 26 July 2018