Supply Chain Optimization

Supply Chain Optimization

Is your supply chain holding you back? Is outdated technology working against you? FTI can help. We have experts in manufacturing, 3PL, 4PL, IOT, e-commerce, CPQ, logistics and Omni-channel management.

ERP Optimization

  • Evaluate options for optimizing your existing ERP
  • Integrate materials planning with vendors
  • Real-time scheduling
  • Transparent inventory management and shipping tracking
  • Integrated Professional Services scheduling

Distribution Outsourcing

  • 3PL and 4PL planning, selection and contracting
  • Logistics management
  • Returns management

Omni-channel Management

  • E-Commerce
  • Digital supply chain design & Implementation
  • Settlement and billing
  • Inventory management

ERP Optimization

 For organizations seeking a robust ERP optimization strategy that enhances business processes and insights, increases end-user adoption and optimizes existing ERP investments. We apply a comprehensive approach to assess your ERP journey and identify opportunities to modernize, automate and/or rationalize existing ERP solutions, as well as provide implementation for maximum value.

Strategy & Business Alignment consists of a rapid diagnostic of the current ERP environment to identify critical gaps and align to unique business requirements. In this phase, we also formulate the strategy for future optimization in the platforms involving modernization, automation and rationalization, including providing cost and effort estimates, selecting platforms/vendors and developing the optimization roadmap.

Planning and Road Mapping consists of developing an integrated architecture and data design for the future state, including the data migration strategy. Future execution is guided by an agreed upon solution architecture, a detailed implementation plan and sponsorship from business and IT leaders.

Implementation Management focuses on optimizing business processes and accelerating the implementation for the ERP optimization plan. A high degree of focus is put on quality assurance and ensuring user adoption through assisted trainings for functional users.

ERP Optimization in Action:

SITUATION

A helicopter transport company identified major gaps in their Finance, HR, Supply Chain and Maintenance Operations during a restructuring effort. FTI was engaged to assess its ERP platforms and provide execution support for ERP optimization.

OUR ROLE

FTI performed rapid diagnostics of Finance, HR and Operation systems configurations and developed strategic roadmap & project plans for platforms implementation. FTI conducted a rapid ERP selection and developed solution architecture and data models for ERP, HR and MRO systems.

OUR IMPACT

FTI facilitated transition planning, with increased transparency and accountability into Finance, HR Operations and overall company performance and profitability as well as enhanced governance over technology led enterprise transformation.

Industry 4.0

The fundamental backbone of an I4.0 strategy is data. Data is the enabler to more informed decision making to help optimize plant operations. With advanced data analytics mass amounts of data collected on the shop floor can be analyzed quickly, data patterns can be correlated and corrective action taken in the real time.

With the right I4.0 strategy in place, it is imperative you have the right implementation partner executing against your strategy to ensure your success.  FTI has a proven methodology that guides our clients through the 5 stages of the I4.0 journey.

FTI can bring a multi-disciplined team with deep expertise across the different workstreams of the project.  Whether that’s Lean manufacturing expertise, application and integration design, Master Data Management, Big Data analytics & Artificial Intelligence, assistance with Organizational Change, having the FTI Cybersecurity team determine what controls need to be in place to protect your intellectual property or FTI’s network of preferred implementation partners FTI has the people, process and tools to ensure your implementation meets the objectives laid out for your I4.0 journey.

Industry 4.0 in Action:

SITUATION

Opportunity to optimize production lines across multiple plants by reducing downtime. Downtime had been trending upward for the last 2 years.  Due to the manual data capture processes that were in place, FTI’s client did not have timely and accurate data to help them identify the root cause of downtime which had become a barrier to process improvements to address the issue.

OUR ROLE

We assessed I4.0 readiness and helped develop the I4.0 strategy and uses cases by documenting operational processes, developing KPIs and identifying key data collections points in the process

OUR IMPACT

Once the proper data collection and controls had been put in place, FTI’s client realized significant improvements: a 61% improvement in Maintenance & Reliability, 57% improvement in Spoilage and ­an 85% improvement in labor. This would lead to $2.2m in savings in the first year.

Contact Our Experts

John Potter

Managing Director

Corporate Finance

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Brian Schoenbaechler

Managing Director

Corporate Finance

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