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Slimstock's Maturity Model Analysis
PROCESS
Disclaimer:
All your information will be confidential. It will be solely used for the report purpose and not marketing any activities.
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1.
Life Cycle Stage:
How do you currently perform product lifecycle management?
(Required.)
We often hear about product supersession, product discontinuation at the last moment
We typically hear about supersessions, introductions and discontinuation a few months in advance
We're actively involved in planning product/assortment transitions
We optimize product introductions by working through stocking and introduction strategies preventing obsolete inventory
We actively work with vendors and customers to optimize the whole product introduction and discontinuation phase
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2.
Demand Planning Stage:
Which statement is closest to your demand planning process?
(Required.)
Short-term forecast based on averages
Statistical forecast algorithms fit to history
An advanced exception detection management system
AI and ML support exceptional demand detection and improve forecast accuracy
AI and ML, but also bridging gaps with vendors and customers to share sales data.
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3.
Inventory Stage:
How are inventory replenishment requirements calculated?
(Required.)
Basic min/max that gets updated every few months
Inventory requirements/models are based on forecast input
Inventory requirements/models are updated automatically daily or weekly and integrated with forecasts, inventory is managed by exception
Inventory is stocked strategically, multiple layers of network are all optimized
Inventory information is shared and utilized across the entire supply chain
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4.
Supply/Supplier Management:
What is the buying process & what calculations come into play?
(Required.)
Buying is done according to vendor conditions with no purchase plans available
Buying is executed with the help of purchase plans/forecasts
Buying is driven by EOQs, and large MOQs are analyzed and negotiated, purchasing quantities are optimized
Vendors are actively involved in generating purchasing plans, the sourcing team plays a big role in optimizing purchases
Full visibility of inventory and supply across the entire supply chain
Current Progress,
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