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Value Stream Management and the Creation of a Reference Business Structure

Value Stream Management and the Creation of a Reference Business Structure

Communicating with a large number of trading businesses not only on the Russian market, during basic screenings and audits, I identified the main types of pain:


  • Lack of consistency between supply chain blocks, no single connected flow.

  • What is called an operational structure is in fact a set of disparate functions

  • Low forecast coverage, since the purchasing department works on the basis of incorrect data

  • There are no long-term sales plans and it is not clear who should build and control them


Let me remind you that for a trading business, getting less than >80% of the purchase forecast leads to a critical situation.

 

If you think that this mistake is typical for small companies just starting their life cycle, then you`re seriously mistaken. The cross-section of companies that I looked at fluctuates in turnover from 11 million - 2 billion USD per year.


Seemingly Simple Questions


  1. What should the Procurement Department Reference Structure look like?


  2. Where is the category manager in the structure?

    1. What is his/her function?

    2. Who does he/she report to?

    3. And if there is none, then who, and how, builds the assortment matrix?


  3. Who builds, checks, approves long/short-term Assortment Sales Plan?


but the larger the structure and the number of SKU, the more difficult it is to answer them.

 

I know that many of you have long been looking for the Reference structure of the supply chain and its individual blocks (purchase, delivery, warehouse, distribution, finance, marketing, etc.). But "HOW?" to build a standard, if all businesses are different, and their differences can be counted endlessly? Even companies operating in the same market, in the same location, with the same type of product will have a different business structure

 

The answer is that the Reference Structure does not exist.

More precisely, it does exist, but not from the linear perspective you are accustomed to.

 

The basis for building the most effective business structure is the Value Stream

The construction of the entire supply chain structure, and individual purchasing, delivery, warehouse, and distribution departments lies in the Value Delivery Stream (Value Stream).


The basis for building the most effective business structure is the Value Stream.

Thinking from the point of view of department structure:

  • What should departments look like?

  • How many employees do I need?

  • Who is responsible for what? (This is a fundamental logical error leading to extensive structural errors)


This is thinking from the particular to the general, and such an approach is doomed to mistakes.

Building a structure must be top-down, as in strategizing – so the starting point for any structural thinking is the Value Delivery Stream.


Methodology for Creating a Reference SCM Structure


Stage 01

Describe the value delivery flow


Example of Flow


  1. Idea - Definition of Product and Unique Selling Proposition

  2. Definition of goods (purchased or produced under own brand)

  3. Selection of suppliers

  4. Research and development (R&D)

  5. Determination of Procurement volumes - Forecasting

  6. Purchase

  7. Delivery to warehouse - External logistics

  8. Storage

  9. Inventory management

  10. Delivery - Internal logistics

  11. Sales organization - Consumer

  12. After-sales service and warranty service


Stage 2

Now in each block of the Value Stream, using Verbs, we describe the “Tasks, Actions, Processes” that occur in this block, and so on throughout the entire chain of delivery of this value.


Example of Processes


  1. Target audience research

  2. Searching for suppliers, checking new offers

  3. Testing of product samples

  4. Building a Procurement Forecast

  5. Determination of delivery routes and options

  6. Organization of storage


Stage 3

Defining the Business Function of each written process.


Example

Function

Tasks, Actions, Processes

Product development

Target audience research

Calculation of commercial terms

Searching for suppliers, checking new offers

Production

Testing of product samples

Procurement forecasting

Building a Procurement Forecast

Delivery to warehouse

Determination of delivery routes and options

Storage

Organization of storage


Stage 4

Distribution of designated functions between departments.

Opposite each function we indicate who should be responsible for it. Department


Example

Function

Tasks, Actions, Processes

Department

Product development

Target audience research

Marketing

Calculation of commercial terms

Searching for suppliers, checking new offers

Procurement

Production

Testing of product samples

Procurement

Procurement forecasting

Building a Procurement Forecast

Procurement

Delivery to warehouse

Determination of delivery routes and options

Transport logistics

Storage

Organization of storage

Warehouse


Stage 5

Sort the received data by departments and build a structure based on it.

We assign responsible stuff or introduce new staff units for missing functions.


As a result

You get the most antifragile transparent structure, which considers all the features of your business, financial capabilities in terms of the number of employees, and it is clear who is responsible for what.

 

That is, the basis is Value Delivery Stream (Value Stream).


If we initially perceive the entire basic structure as a flow of creation and delivery of value, then the question of areas of responsibility of employees and the structure of departments disappears. Even if a company, for example, does not have a budget for a category manager, which is typical for small and medium-sized companies, then his functions are painlessly distributed among other employees (most often, the head of the procurement department)

 

In fact, I`ve just described to you how you can quickly and super effectively set up the ENTIRE operational structure of any business. This approach is effective for a trading business of any size, in any industry, in any location on the planet. Also, this methodology is suitable for auditing any size business.


Presented By

Anna Trapeznikova

Supply Chain Business Leader

Member, Education and Research Practitioner Board (ERPB)





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