October 4, 2020
Case Study – Utilities & Energy
One of Europe’s largest utilities and infrastructure business with revenues in excess of £2.5bn in 2017 employing over 20,000...
Our supply chain design and optimisation consultancy service extracts the expertise from our core business competency and applies it to the requirements posed by our clients. Our tailored approach to solving supply chain issues is what sets us apart from the competition. We can provide a solution that not only solves the problems you may be facing, but ultimately will support you in aligning the supply chain to the goals of the business.
Supply chain design describes the management of critical areas in the supply chain. The process includes the identification and best combination of systems and techniques used in each element comprising the End to End Supply Chain, including:
Our Supply Chain Design service is a solution that sees us aligning the supply chain to the core competency ensuring that it can handle the growth of the business whilst giving you the visibility and control you want to achieve. The benefits to supply chain design are paramount as having a reliable, scalable strategy in place future proofs the business as it grows.
We can consult on the most effective ways for you to manage the supply chain using scenario modelling and supply chain simulation, to building a strategic network design. We can guide you through the best practice to help develop a supply chain that will meet the future needs of the business.
Supply Chain Optimisation is the process and tools used to create a more efficient and cost-effective supply chain. Aligning the operations and manufacturing to a lean model can be extremely beneficial to the business.
TVS can assist in building the optimum supply chain model by using our extensive bank of tools and our knowledge of proven processes. As supply chain optimisation is our ‘core proposition’ and we have different ways in which we can analyse the current situation to provide cost improvement options, including cost-benefit analysis, to inform decision making. Our value-add is created through our experience in the supply chain sector in which we have developed industry-leading methods to solve complex supply chain problems.
Supply chain data management is critical as it gives you the ability to make informed decisions about your business – principally getting the correct part to the correct place at the correct time.
Our ‘workflow-driven’ Product Data Management application (Msys.PDM) drives the continual processes of product data capture and cleansing, as well as using the applications’ integral workflow management function to drive the new item introduction and engineering change management processes.
The PDM software manages commodity item data as well as client manufacturing Bill of Material data and the conversion to an aftermarket service Bill of Material. All this is presented to the end-user in an intuitive online ordering catalogue.
All product technical data is stored and maintained in a single-source location providing a Single Source of Truth. This ensures that all business decisions are based on the same dataset. All areas of an organisation should have direct access to the details they need. Where customer-facing teams are involved, having the right and most up-to-date technical information is essential, it provides our clients with ultimate control over product data and the replacement product release sequence.
Configuration management is also managed in Msys.PDM, linking all supersession data, applicability data and related item information. Where the Original Equipment Manufacturer or Design Authority makes changes to platform configuration, Msys.PDM manages the data through defined business rules to make sure the ongoing maintenance of technical product data reflects this change control.
Obsolescence management planning and processes are regularly updated, identifying products that are considered at risk of disuse and identifying the prioritised actions required to mitigate such a threat. We are experienced in managing obsolescence extending across multiple industries including Defence, Utilities, Beverage, Rail and Automotive. Our scalable and robust process ensures monitoring, managing and mitigation of obsolescence in complex systems and equipment.
We ensure legacy equipment can be kept intact, sustained, and modernised by correcting design flaws, re-manufacturing un-salvageable products, and integrating newer-generation components. Our through life and end of life management analysis continually evaluates obsolescence risk and diagnoses appropriate mitigation strategies.
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Product data management will not succeed alone, purely as a technological solution. It must be clearly aligned with the business objectives of the company, and there must be a critical need for effective data governance business-wide.
Product data management involves the use of software to host and maintain asset and item-related technical data in a secure central database. This process-related data can then be consumed by all parts of the organisation for business-specific requirements, wherever they are located and whenever they need it.
Sub-standard supply chain data management will lead to inefficiencies in your business. Some companies are effective at collecting raw data, but they are ineffective at storing and maintaining it well enough to make any sense of it or be able to use it meaningfully. The main objective is to turn this unstructured information into a structured dataset where it can then be analysed, managed and published at an enterprise level and can provide accurate customer and business reports.
Some businesses do not understand the value of good quality master data. Readily available structured product data is a valuable resource. It can be retrieved time and time again without having to waste time and resource repeating the same processes over and over again.
Today, the management of ‘Big data’ is now more prominent than it has ever been. As this information passes through your organisation daily, you need a clear data management strategy and a platform to manage this valuable source of information in one secure environment. Inaccurate master data, stored in several locations with no change control process, will ultimately not allow you to make genuinely accurate data-driven business decisions in real-time.
Having the necessary software and clearly defined business processes allows your business (large or small) to store, organise, protect, verify and process essential product data making it available downstream.
A secure and robust data management plan is essential for the success of your business. The amount of data you manage will only increase, so having both the process and application(s) in place allows your business to effectively manage the volume of ‘Big data’ you obtain on a day-to-day basis. It also helps you accurately provide business reports and ensures you comply with the ever-increasing number of compliance regulations.
Systems integration is critical in the creation of a PDM application. The transfer of technical data to other applications is a significant consideration – time to publish, mapping of data fields to other applications and the impact of data transfer on other systems all need to be taken into account.
Data governance is a critical part of the product data management process and the impact of data on downstream operations. Other benefits include:
There is a misconception that PDM & PLM are the same things – but that is not true.
Product Lifecycle Management (PLM) incorporates all aspects of the product, from design > manufacture > sales > obsolescence, i.e. from inception through to disposal. PLM is an enterprise application similar to ERP managing products, processes and personnel.
Product Data Management (PDM) is a sub-set of PLM and can be considered more of an engineering tool. The application/process manages the data associated with a product. Version control, technical specification, item attributes etc. It provides a structured framework for new item introduction, revision/change control and end-of-life planning.
A PDM system has in-depth knowledge about the engineering/CAD model whereas a PLM system has broad knowledge about the product definition and its relationships.
TVS SCS have developed their IT infrastructure with security being a number one priority. We work hard to ensure all data is handled in line with local law and that formal corporate policies and procedures are in place to govern the confidentiality, integrity and availability of all the data we hold. TVS SCS has been awarded a number of Information security certifications, details of which can be found here.
If you are interested in discussing your data management requirement please use the contact form below and one of our experts will be in touch to assist you.