SIOP Process Implementation

$240M Chemical Manufacturer

Background

  • The company creates custom thermoplastics through an extrusion process for a wide variety of industries
  • Special additives and proprietary formulations for fabrics and fibers turf products and seamless flow control

Contributions

  • Established a SIOP process incorporating cross functional disciplines
  • Developed a customized forecasting tool allowing sales to understand trends in historical customer data
  • Developed a forecast dashboard that included seasonality and statistical forecasting with customer input or other business insights
  • Developed net material requirements based on inventory safety stock levels, customer orders, and forecast to highlight material shortages in the future based on the over all expected demand

Results

  • Established a key performance indicator (KPI) dashboard, which allowed regular updates to key SIOP and business fundamentals/li>
  • Created tools for forecasting, inventory analysis, net material requirements, and capacity analysis trends (by factory, by line), all of which provide insight into potential future issues/li>
  • Established a 4-week SIOP cycle process, which brought together cross-functional teams