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HCL’s Structured Value Creation Framework enables Industrial Manufacturing firms to improve their enterprise visibility, go lean and contain cost

HCL’s Structured Value Creation Framework enables Industrial Manufacturing firms to improve their enterprise visibility, go lean and contain cost

Abstract

Most of the discrete industrial manufacturing companies are asking themselves how they should prepare themselves for tough times; IT Strategy team is obviously no exception to this. Cost reductions however aren't easy. It requires an in depth analysis of the as-is state and involves infrastructure consolidation, technology replacement, reducing software license and support requirements, revising purchasing policies, outsourcing, centralizing server workloads and storage, as well as many other factors.

Firms in our opinion can reduce cost through four broad initiatives - reduce cost of running IT, improve IT operations, transform to a leaner landscape and transform the business.

Structured Value Creation framework is a compendium of solutions developed by the Manufacturing Vertical Solutions Group which uses various frameworks to improve the operational efficiency, enterprise visibility and reduce cost of discrete industrial manufacturing firms.

Excerpts from the Paper

Lack  of demand  visibility  has  been  identified  as  an  important challenge  for  supply  chain  management.  Customers  today  are demanding perfect orders,  shipped and delivered on time to the minute, at a cost that barely leaves any margin for error -- or profit. People  in  the  plant  do  not  have  visibility  to  real  time  demand information.  Controlling  production  and  inventories  based  on delayed or lagged demand information easily leads to inefficient capacity utilization, poor product availability, and high stock levels. The problem is all the more acute for discrete manufacturers as the cost for excess and obsolete inventory are both high and so is the cost of missing an order. 

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