Peter Mihók

FLUID – WIN:
Integration of financial and logistic services
into multidisciplinary web-based platform
Copyright by FLUID-WIN Consortium 2007
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects
Communication within Supply Chain with no or
Traditional Web Based Communication Tools
Prime
Service
provider
Service
provider
Tier-3
supplier
Tier-2
Fornitore
componenti
supplier
Prime
Tier-3
supplier
Prime
Target: tier-1 medium companies
belonging to industrial districts
Tier-2
supplier
Copyright by FLUID-WIN Consortium 2007
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects
FLUID-WIN: Another Significant Step Forward
B2B platforms: large quantities of information
This information can be useful for external service providers
Customer and suppliers can get benefits by connecting/ integrating
external service providers to the same platform that they use for B2B
communication, and…
External service providers can get benefits, too, of course, and so …
FLUID-WIN aims to create conditions to allow external service
providers to connect to B2B platforms:
B2(B2B)
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
Copyright by FLUID-WIN Consortium 2007
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects
Communication within Supply Chain with
FLUID-WIN
Prime
Service
provider
Service
provider
Tier-3
supplier
Tier-2
supplier
Prime
Tier-2
supplier
Prime
Tier-3
supplier
FLUID-WIN – ASP fully integrated web-based communication
Copyright by FLUID-WIN Consortium 2007
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects
Project Objectives
Study the potentials and requirements, especially taking into
account specific conditions in the NMS company structures
Define suitable, customizable communication models
Design and implement prototypical software
Run evaluations in order to prove applicability and to identify
the necessary development to set up a commercial solution
Copyright by FLUID-WIN Consortium 2007
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects
European Added Value
Strategic impact on the business cooperation in the new Europe-25
Benefits for:
• Old Europe manufacturers (cost cutting by migrating to East Europe)
• East European suppliers (business with the “old” Europe manufactures)
• Logistic and financial service providers
• Local suppliers of “old” Europe manufacturers (doing business abroad)
Copyright by FLUID-WIN Consortium 2007
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects
Major Roles of Partners
AITPL/ERA: TUK, IPK
Models: IPK
Services:
Finance: AL
Logistics: Régens
Manuf. B2B: Joinet
Coaches:
Finance: AL, TUK
Logistics: Régens
B2B: Labein/Joinet
Evaluation:
Lombardini (IT)
TS Motory (SK)
Metalflex (SI)
MBAS (UK)
Tecasa (ES)
& associated companies
(subc.)
Copyright by FLUID-WIN Consortium 2007
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects
FLUID-WIN: Two Critical Processes
Logistics: rarely Web-based in “old” Europe manufacturing networks
(suppliers are close…..).
Financing: consolidated procedures, no added value in Web-based
management in “old” Europe manufacturing networks
cross-old-Europe-new-Europe manufacturing networks
Significant added value: flexibility is possible together with cost
reduction, but a full network integration is mandatory.
Copyright by FLUID-WIN Consortium 2007
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects
Definitions
Manufacturing network from FLUID-WIN point of view is a network
constituted by a prime contractor and a group of its suppliers; the
prime contractor manages the suppliers trough a B2B application
where at least orders, transportation documents and invoices are
managed
FLUID-WIN network is a manufacturing network plus

Logistic service providers that provide transportation/
warehousing services among prime contractor and suppliers

Banks and other financial service providers that give services
to the companies within the network
Copyright by FLUID-WIN Consortium 2007
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects
Copyright by FLUID-WIN Consortium 2007
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects
Modelling Method - IEM
Basic Elements
Connection Elements
Object states
Connection between
Product
actions and objects or
between actions.
Resource
Split: both processes run
In parallel.
X=1
Order
X=0
Decision: the process
sequence depends on the
object states following the
decision element
Process description
Join: different sequences
Action
are joining to one
sequence
Copyright by FLUID-WIN Consortium 2007
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects
Overview of work done
 A detailed state of the art has been performed
 Based on WP2 results (Full Field Study) the requirements
coming from the industrial partners have been analysed
 New expected functionalities have been defined
 Functionalities have been prioritised according to several
criteria.
Copyright by FLUID-WIN Consortium 2007
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects
Essential Terms & Definitions
Services :
(~ workflow)
• Benefits provided by LSP and FSP to other business
partners in their current industrial relations
• Services are under the responsibility of the service
providers (FSP, LSP)
• E.g. transportation service, factoring, etc.
Functionalities :
(~ “GUI view”)
• IT support for the execution of the services during
their different phases
• Have to be developed and provided by the FLUID-WIN
consortium members via the FLUID-WIN Platform
• E.g. status monitoring of the logistic orders, stock
information, electronic invoice management
Copyright by FLUID-WIN Consortium 2007
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects
From P&R through Services to Functionalities
Addressed Services
Logistic Services
•Transportation
•Warehousing
Financial Services
•Factoring
•Prepayment
•Letters of credit
•Payment
Logical Mapping
Requirements
and Potentials
IT Mapping
18 Functionalities
Copyright by FLUID-WIN Consortium 2007
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects
Expected Logistic Functionalities
Transportation
Services
 Status monitoring
 Supporting RFQ for
logistic services
 Logistic capacity
overview
 Communication services
related to change
management
 Logistic Order
Management
 Forecast
propagation
 Quality
measurement
by KPIs
Warehousing
Services
 Publication of invoices
related to warehousing
 Stock information
 Publication of invoices (of transportation
services)
 Transportation document management
 Management of documents related to invoice
for logistic service
Copyright by FLUID-WIN Consortium 2007
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects
FLUID-WIN Logistic Functionality
Ranking of the logistic related functionalities:
 Logistic order management
B
8,5
 Status monitoring services of the logistic orders
A
8,6
 Quality measurement of LSP service (by KPIs)
B
8,4
 Providing stock information
B
8,4
 Transportation document management
A
7,7
 Forecast propagation service for LSP
B
7,7
 Communication services related to change management
A
7,6
 Publication of invoices of warehousing and transportation
B
7,4
Copyright by FLUID-WIN Consortium 2007
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects
Expected Finance Functionalities
Service
Expected Functionalities
Factoring services
Query service
Sending status information of the financial service
Communication service ( alert function)
Electronic invoice management
KPI (for factoring house)
Insurance management
Prepayment services
Query service
Sending status information of the financial service
Communication service ( alert function)
Electronic invoice management
KPI (for bank)
Insurance management
Letters of credit
Electronic document management
Sending status information of the financial service
Communication service ( alert function)
KPI ( for bank)
Payment services
Payment workflow
Sending status information of the financial service
KPI ( for bank and factoring house)
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
Copyright by FLUID-WIN Consortium 2007
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects
FLUID-WIN Financial Services
Ranking of the finance related functionalities:
 Electronic invoice management
A
8,3
 Query service
A
8,3
 KPI for bank and factoring houses
A
8,2
 Sending status information of the financial service
C
7,7
 Communication services related to change management
A
7,6
Copyright by FLUID-WIN Consortium 2007
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects
Trust and Security
•
There needs to be trust among the players involved and the
FSPs. Trust to share information so to be able to offer
better rates and terms for facilities.
•
Trust is also important from the FSP so that it can process
instructions received electronically.
•
Security is vital to ensure that only the right people with the
correct authorisations are able to perform certain
transactions – not only to safeguard privacy but also to
avoid theft / access to unauthorised resources.
Copyright by FLUID-WIN Consortium 2007
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects
Thank you for attention
Copyright by FLUID-WIN Consortium 2007
Peter Mihók
Technical Unversity of Kosice
Faculty of Economics
NATIONAL AND REGIONAL ECONOMICS VII,
October 3, 2008 - Workshop „European Projects