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Thursday, October 3 • 10:00am - 10:40am
TALK: Analytics and the Supply Chain

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We are developing  a lead time analytics solution to help clients manage key delivery risks in their supply chain. In manufacturing of complex products with many parts subassemblies, it is critical to forecast the times when bought and manufactured parts will be available. Our solution, built on top of SAP HANA, applies analytics in the form of Monte Carlo simulation to composite historical part delivery distributions, and helps generate a more accurate forecast than previous methods based on average delivery times and worst case-scenarios.  When combined with appropriate business process improvements, these analytics can allow our clients to focus their resources on managing delivery of parts and subassemblies on the critical path, helping to reduce product lead times and saving tens of millions of dollars in inventory costs and reduced late delivery penalties. Similar techniques can be applied to manage total product costs, and to estimate the impact of engineering changes.

avatar for David Steier

David Steier

Director, Information Management; Deloitte Consulting, Deloitte
David Steier is a Director for Deloitte Consulting LLP’s U.S. Technology Practice in the Deloitte’s Analytics Institute and is Deloitte’s Technology Black Belt for Unstructured Analytics. David leads the Deloitte Analytics Solutions Group, whose goal is to build tools that accelerate... Read More →

Thursday October 3, 2013 10:00am - 10:40am PDT
Fort Mason Center 2 Marina Blvd San Francisco, CA 94123