Submitter
Annette Jonker, Senior Director Digital, Analytics at HARMAN
Company
HARMAN International
Industry
Consumer Electronics, Automotive
Business Challenge
HARMAN manages a highly complex global supply chain for both our automotive and consumer electronics divisions. In 2020, faced with the significant global volatility brought on by COVID-19, HARMAN turned to its analytics organization to help avoid disruptions to customers and to HARMAN’s reputation.
Example challenges the analytics team was asked to help solve:
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How do we address the immediate challenges COVID-19 introduced?
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How do we manage near-term cash flow and supply chain resiliency challenges affected by virus-related precautions?
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How do we plan to rescale with agility - and build recovery groundwork?
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How will we adapt to longer-term effects of COVID-19?
Analytics Solution
The HARMAN analytics team created an array of new capabilities, in mere weeks, with the help of best-in-class technology partners such as Snowflake, Qlik and Axis Group.
Example solutions to help manage demand and supply fluctuations:
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Inbound EDI orders – enabling near real-time insights and response to order changes
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Component inventory – helping identify critical components and proactively manage potential shortages
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Bill of materials and foreign exchange changes – aiding production decisions
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Direct material spend and savings – improving data quality for supplier support
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Indirect procurement spend – tracking targets and savings, helping to mitigate risk, and aiding discovery of new savings opportunities
Impact
Example impacts of immediate and ongoing success:
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Empowerment:
- 600+ active users across the globe
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Enablement:
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16 times faster productivity gains
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Demand planning and other process improvements
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Outcomes:
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Improved demand forecasting accuracy
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Improved customer fulfillments and on-time delivery
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Dramatic crisis response improvements
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Direct and indirect cost savings
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An additional benefit of these new applications is an improved data culture across HARMAN, an organization that now feels more comfortable with a single source of COVID-19 related data – thus helping HARMAN become even more agile and resilient for whatever the future has in store.