S4 HANA O2C An introduction to Order to Cash business cycle and its variants Flashcards
APICS
Design, planning, execution, control, & monitoring of supply chain activities with the objective of creating net value, leveraging worldwide logistics, building a competitive infrastruture, synchronizing supply with demand and measuring performance globally
Supply Chain Overview
Plan -> Source -> Make -> Market -> Sell -> Support
WIP
Work In process
describes when there is multiple steps in manufacturing a material
Forms of manufacturing
JOB method - Quantity
Discrete - 500 PC
Assemblyline - 500PC/hr
Flow - continous
Manufacturing strategy
High lead time to Low lead time
ETO - Engineer To Order
ATO - Assembly To Order
MTO - Made To Order
MTS - Made To Start
SCM processes
- Supply chain planning
- Supply chain execution
Supply Chain Planning
- Demand Forecast
- Inventory Simulation
- Manufacturing Planning
- Transportation Scheduling
Supply chain execution comprises
- Procurement
- Manufacturing & Assembly
- Distribution
- Return
Demand Forecasting
- Develop an accurate view of market demand by identifying market trend and predcting changes in customer preferences
Inventory Planning
- To estimate approximate stock levels from historical inventory data
Four types of Inventory
- Raw materials
- Work in process, held during idle time at plant
- Finished Goods
- MRO: Maintenance, repair and operaitons
Manufacturing (MFG) Planning
- Details the co-ordination of all manufacturing activities
Transport Scheduling
- Optimizes the use of reserouces in shipping the raw materials from suppliers to manufacturers and in delivering of finished goods from manufacturrers to distributors and customers
SAP Activate
Combination of SAP best practices, tools and methodology to help customers simplify and accelerate the adoption of SAP HANA
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SAP Activate: SAP Best Practices
Ready configured business processes optimized for following industry best practices
