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Idea Briefing - Materials-Purchasing Matrix

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Idea Briefing – MATERIALS-PURCHASING MATRIX (MPM) Knowledge is a process of piling up facts; wisdom lies in their simplification. - Martin H. Fischer

Current business is in silos

The Materials-Purchasing Matrix (MPM) provides a Supply Chain dashboard

PURCHASING: LINKING demand to Purchase Orders – allowing buying the right material, at the right time, & at the right quantity

SALES: a TARGETING SYSTEM for Sales to review demand changes with customers

MATERIALS: a REVIEW TOOL having the right amount ON HAND & preventing inventory from aging

FINANCE: a REVIEW TOOL for inventory value

RESULTS Reduced inventory 45% for a key customer, while monitoring inventory level and inventory value with each change or new forecast

THE MPM PROCESS

MiCyn Consultancy cellular: (814) 341-0168 email: [email protected]

PURCHASINGWHAT to buy

MATERIALSHOW MUCH

inventory

FINANCEWHAT does the inventory cost