MyBiz Solutions Sdn Bhd

MySupplyNet™ synchronises supply chains to provide visibility, assists manufacturers to source more effectively, performs product customisation to meet customers' needs and manages delivery efficiently.

MySupplyNet™ is a relationship-based online supply chain solution enabling business and manufacturing companies to source more effectively, perform product customisation to meet market demands and customers’ needs and manage delivery efficiently. It is a marriage of MyProcureNet™ and MySellNet™, enabling companies to source from multiple suppliers and then sell to multiple buyers - using technology to match demand and supply minimises the bullwhip effect by creating visibility throughout the supply chain.

MySupplyNet™ allows manufacturers to focus on their core business of manufacturing.. Accurate order information and faster response time means that manufacturers are able to rollout products faster and thus mitigate the risks of market demands shifting during production. For manufacturers, speed, cost reduction and customer service are imperative for business survival and MySupplyNet™ assists by providing timely accurate information to manage product flows, improve customer service and reduce inventory risks.

"Information Distortion in a Supply Chain: The Bullwhip Effect" authored by Stanford Graduate School of Business, was named one of the 10 most influential papers published in Management Science, the journal of the Institute for Operations Research and the Management Sciences, during the past 50 years.

The Bullwhip effect is the magnification of demand fluctuations as orders move up the supply chain - small changes in demand result in large variations in orders placed upstream causing increased cost and poor service. Eventually, any business network will oscillate in very large swings as each organization in the supply chain seeks to solve the problem from its own perspective.

Improved forecasting techniques at any one level in the supply chain cannot eliminate the bullwhip effect and may worsen it if used improperly. Information flow and coordination of orders across the supply chain offer the only hope of taming the bullwhip effect, achieved by converting a business network into a BusinessRelationshipNetwork™.

MySupplyNet™ helps manufacturing organisations by:

• Improving collaboration and control with suppliers and customers.
• Increasing Visibility of transaction status across the supply chain
• Optimisation of production output through timely information and understanding of customer’s requirements
• Effective procurement to minimise overall cost
• Better control and transparency of requisition and procurement of goods and services
• Minimising errors by accurately configuring and completing orders online
• Reducing turnaround time and increasing productivity and efficiency
• Improving customer relationships and sales process by increasing flexibility and responsiveness to customer requirements