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