Optimize Working Capital

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Optimize Working Capital by Mind Map: Optimize Working Capital

1. Material Planning

1.1. Reduce planning cycles

1.2. 12 month rolling plan horizon

1.3. EDI to and from all suppliers

1.4. Direct shipments

2. Production Planning

2.1. 10 day rolling production plan

2.2. Production order process

2.3. Scrap reporting

3. Inventory Control

3.1. Perpetual inventory

3.2. Labels on all boxes

3.2.1. Text

3.2.2. Barcode

3.2.3. RFID

3.3. Production order control

4. Warehouse

4.1. Consignment stock

4.2. Vendor Managed Inventory

4.3. External warehouse

4.4. Warehouse Management System

4.5. Use of Handling Units

5. Process Rejected Material

5.1. Label

5.2. Report in ERP

5.3. Separate and protected area

5.4. Time limits to solve issue

6. Improve Process reliability

6.1. Technical availibilty

6.2. Quick Response Quality Control

7. Material Flow

7.1. Visualize all material flow situations

7.2. Value Stream Mapping

7.3. Time study

8. Capacity Plan

8.1. 12 months rolling Sales plan

8.2. Inhouse Capacity Plan

8.3. Vendor Capacity Plan

9. Logistic KPI

9.1. Inventory turns

9.2. Material Flow efficiency

9.3. Warehouse utilization

9.4. Internal logistic costs

9.5. External logistic costs