IBM Process Excellence (PEX) For Material Requisition Inventory Management
Fewer delays and less inventory cost with streamlined Material Requisition
IBM PEX for Material Requisition / Inventory Management application uses a proprietary IBM Process Excellence framework to help transform the Material Requisition Management process across three dimensions – Efficiency, Compliance, and Experience. Material Requisition Management is a process to manage requisitions within an organization so that goals can be met accurately and on time. Knowing the right lead times and optimizing the process using automation is key to its success. This app provides insights to help organizations drive business value with a streamlined Material Requisition/Inventory Management process that reduces rework and provides materials on time while not increasing inventory costs.
This is where IBM and Celonis Combine their Strengths:
Comprehensive Material Requisition improvements in compliance.
Better control over lead times while not impacting inventory costs adversely.
Improved enterprise productivity.
Reduced cost overall.
Better Operations Manager and team experience.
Features & Capabilities
The Management dashboard uses the Process Excellence framework to provide Efficiency, Compliance, and Customer Experience goals and status in a quick, easy-to-read view. The current values of the KPIs are shown alongside the targeted values - enabling managers to make decisions and look deeper into problem areas to take corrective actions.
The Inventory and Material Cost Analysis provides a view of inventory cost, dormant materials, and returned materials to understand the impact on inventory. Executives can determine at a glance where the operational focus should shift. They can then drill down into the various analysis to identify improvement areas and where the process could be streamlined.
The Trends view shows the progression of KPIs over time and helps in immediately identifying the performance deviations and cyclicity of KPIs. It can provide clues into areas for root cause investigation.
The First Time Right analysis reveals execution gaps in cases that are rejected or have gone through rework. Teams can drill down into the root cause for possible reasons and improvement actions.
The Lead Time Analysis reveals where delays are occurring in the process with a detailed drill down into dimensions such as location, department code, and request type. The Operational Manager can then identify the root cause for such delays and where the greatest opportunity for improvement exists.
The Benchmark Analysis helps to understand and compare how various teams are performing. This helps to focus improvement actions and apply best practices for a more standardized and compliant process across the organization.
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