SUPPLY LIABILITY MANAGEMENT

A More Comprehensive and Accurate Approach to Risk Management.

Liability management is a key focus for manufacturing managers – especially in light of Sarbanes-Oxley and other corporate governance mandates. The advent of outsourced production and component procurement to contract manufacturers means companies assume greater obligations as component inventories are purchased on their behalf.

• Accurately managing and reporting on this risk can be extremely challenging for product companies. Manufacturers need a solution that helps them: 
• Gain visibility into contract manufacturing on-hand/on-order supplies
• Explode top level product forecasts to component requirements at contract manufacturing sites, apply liability agreement terms, and determine forecast liability
• Track carry-over liability from previous forecasts when demand is not realized or forecasts are reduced
• Proactively manage excess CM inventories and purchase orders in order to reduce costs

ICON-SLM provides a comprehensive and scalable approach to liability management, delivering rapid planning response for oversight and control of your end-to-end supply chain liability. The ICON-Data Hub receives, transforms, and loads partner supply chain data from multiple sources and provides automated Web-based monitoring and alerts. ICON-SLM explodes top level demand throughout the supply network and applies agreement terms to determine component liabilities. Unlike other solutions, ICON-SCM tracks past forecasts and reports on current liability that considers past forecasts and shipments.

Features & Benefits                                

• Integrated supply chain planning, liability monitoring, and alerts
• Maintains component liability agreements terms
• Reports on current forecast liability considering carry-over liability
• Reports on inventory aging
• Supports past historical materials plans and waterfall reporting
• Includes shortage and excess inventory reports
• Enables materials disposition memos and alerts