Intelligent Supply in the Real Time Value Network
Multi-tier supplier collaboration
Del Monte Extends Demand Driven Principles to Supply Network
David McLain, Chief Procurement Officer, Del Monte Foods, discusses how Del Monte extended their demand driven principles to their supply network of co-manufacturers, co-packers, raw material suppliers and 3PL providers to reduce overall inventory cost and improve operational efficiency.
With Intelligent Supply in the Real Time Value Network™, companies reduce costs and improve service levels by synchronizing planning and execution processes across all supply network participants, including manufacturers, co-manufacturers, co-packers, component suppliers, raw material suppliers, MRO providers, and carriers. The Real Time Value Network combines planning, execution, fulfillment, collaboration, and business intelligence into a single multi-party, multi-echelon cloud-based solution that is designed to embrace existing enterprise systems.
Unlike alternative solutions, the Real Time Value Network continuously monitors changes to demand and supply to allow companies to plan, execute and collaborate with their entire supply network in a synchronous and closed loop fashion. The solution leverages demand, inventory, capacity, in-transit, and in-process supply to auto generate replenishment requirements and provide end-to-end visibility of planning and execution information to the entire value chain from procurement to payment.
Intelligent Supply Services
- Demand Translation
- Production Planning and Scheduling
- Order Management
- Multi-Tier Replenishment
- Procure to Pay
- Multi-Tier Inventory Management