Events

MRP – Inventory Management and Work Management Integration

Webcasts
Feb 21, 2020 | 11:00 AM11:58 AM CST
Online
Included with membership

Inven­to­ry Man­age­ment & MRP uti­liza­tion are tru­ly depen­dent on each oth­er. Almost 10 years on SAP and we have real­ized that Mate­ri­als Require­ments Plan­ning (MRP) dri­ven demand plan­ning, fore­cast­ing con­tin­ue to feed and impact opti­mal Inven­to­ry Man­age­ment tech­niques. The chal­lenges and busi­ness expec­ta­tions to main­tain right inven­to­ry mix at opti­mal costs to sup­port projects has grown expo­nen­tial­ly in the util­i­ty indus­try.  It’s has to be not­ed that SAP Plant Main­te­nance work orders data qual­i­ty is crit­i­cal  con­tribut­ing fac­tor  to MRP in  sup­port of best Inven­to­ry Man­age­ment method­olo­gies along with MRP mate­ri­als mas­ter data such as lead times, safe­ty stock and ven­dor performance.

 

As SCE con­tin­ues its tech jour­ney down the path to S/4HANA, in col­lab­o­ra­tion with our Work man­age­ment teams we refreshed our strate­gies with­in IPSEC wheel when it came to mate­ri­als mas­ter data gov­er­nance and data qual­i­ty. We began to start using SAP to effec­tive­ly man­age all our mate­ri­als mas­ter data, MRP set­tings, pro­cure­ment, ven­dors, T&D field needs, and any oth­er dis­ci­pline that we required. We have made minor busi­ness and tech­nol­o­gy cus­tom enhance­ments to sup­port bet­ter Inven­to­ry Man­age­ment techniques. 

 

In this pre­sen­ta­tion I will take you on the jour­ney that we took to get to a place that has set us up for an envi­ron­ment where we use data man­age­ment as a strength and to its com­pet­i­tive advan­tage by inte­grat­ing with Work Man­age­ment to save Inven­to­ry car­ry­ing costs with ele­vat­ed focus on Inven­to­ry and Ven­dor Management.

 

Key Busi­ness Benefits:

  • Fore­cast­ing of long lead, sin­gle and sole source mate­ri­als with­in BOMs(Initiate)
  • Accu­rate MRP demand sig­nals by clos­ing unwant­ed reser­va­tions (Plan)
  • Mate­r­i­al recir­cu­la­tion with­in the net­work loca­tions to min­i­mize stock outs (Sched­ule)
  • Bet­ter man­age­ment of safe­ty stocks, MRP set­tings and ven­dors (Exe­cute)
  • Advanced Per­fect Line Rate (PLR) man­age­ment (Close & Effectiveness)

Time­stamps:

  • Intro­duc­tion & Agen­da — 2:00
  • E3 Jour­ney Method­ol­o­gy — 10:45
  • Inte­gra­tion Jour­ney — 28:40
  • SAP Trans­ac­tion Sam­ples — 35:20