Corporate Performance Management

Sterna BPS for Logistics

Overview
Within the organization, the logistics Business Community must ensure that inventory is properly managed and that orders are delivered on time.  Being able to continuously monitor performance of those objectives allows the logistics community to anticipate impending problems and to immediately address failures in fulfillment.  By reducing the frequency and magnitude of fulfillment problems, the logistics community contributes positively to the cash-to-cash cycle and helps maintain customer satisfaction. In managing inventory, accurate real time information can identify and anticipate problems such as insufficient inventory levels, warehouse overcapacity, and overproduction as demonstrated in high levels of returns/destructions.

Sterna Business Positioning System™ (BPS) delivers prepackaged analytics libraries specific to the logistics Business Community that are leveraged to rapidly deliver a business analytics solution to managers of this business community.
Logistics Packaged Libraries
Sterna Packaged Libraries for the logistics Business Community include a broad set of business schemas, mathematical models, and graphical Business Views to provide a complete picture of the logistics community and its business dependencies across the enterprise.  Each Business View features a Money Surface™ that bridges the operational performance with its financial implications so that managers can instantly navigate to the opportunities offering maximum impact.

Logistics executives focus on answering questions such as:
Are we completely meeting our customers’ delivery expectations? 
Are product deliveries keeping up with product sales?
Are we holding the right amount and mix of inventory?
Are we efficiently using our warehouse space?
How costly is overproduction?

Below is a subset of the Business Views that are provided in the Logistics Packaged Libraries (each Business View has its corresponding business schema and mathematical functions, not described herein) that help address the above questions and more:

Perfect Order Fulfillment % (On Time, In Full)
Order Fulfillment %
Finished Goods Warehouse Utilization
Finished Goods Stock Cover (days)
Returns & Destructions (%)
Average order size
Case fill (%)
Deliveries on time
Warehouse and distribution damages
Stock Outs
Collect Efficiency
Transportation Utilization
And more…
By utilizing functionality provided by the Logistics Packaged Libraries, managers quickly understand the dependencies within their community and across other communities and how they translate into financial impact.  With Sterna BPS, logistics managers are equipped to answer more complex questions, such as:
Is there a problem in stock cover for products experiencing low order fulfillment?  
Are we fulfilling all of our orders in products for which we are also realizing significant levels of destructions and returns?
Is stock cover being constrained by warehouse capacity?
Custom Functionality
Sterna BPS provides the flexibility to rapidly develop custom functionality, be it custom prediction models, business schema, and/or presentation views.