cio review
A modern and extensive metric can provide detailed insights into the semiconductor supply chain’s end-to-end efficiency. It asks several questions for each order: Were demand forecasts accurate enough to enable businesses to produce the right product (RP)? Is it true that execution went according to plan, allowing all tasks to be completed at Right Time (RT)? Was inventory staged at the Right Locations (RL) in the semiconductor supply chain?
FREMONT, CA : The semiconductor supply chain extends from fabs to back-end factories, with chip production taking anywhere from four to six months to complete. Some of the world’s most prestigious corporations are waiting for the semiconductors needed to launch their new inventions at the end of the line. Any delays could annoy distributors and end-users, putting a semiconductor firm on an unofficial blacklist. So, why is it that late shipments are so common?
This is a topic that most players are unable to answer. Despite the fact that they are conscious that their supply chains are unreliable, they prefer to concentrate on individual results, such as the percentage of On-Time Deliveries (OTDs), average cycle times, fill rates, excessive days of inventory, or the number of orders canceled due to delays. Since it is difficult to pinpoint when and where issues happened in the long and complicated semiconductor supply chain, the reasons for their poor results attract much less attention. As a result, the same errors are made every time a business receives new order.
A modern and extensive metric can provide detailed insights into the semiconductor supply chain’s end-to-end efficiency. It asks several questions for each order: Were demand forecasts accurate enough to enable businesses to produce the right product (RP)? Is it true that execution went according to plan, allowing all tasks to be completed at Right Time (RT)? Was inventory staged at the Right Locations (RL) in the semiconductor supply chain? This metric, abbreviated as RPRTRL, is calculated using hard data to provide an objective evaluation of supply-chain efficiency. For the first time, companies will recognize all root causes behind performance problems, create an improvement plan, and quantify their progress using the insights given by the RPRTRL measurement.
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