INVENTORY MANAGEMENT

1. INVENTORY MANAGEMENT Business challenges in your industry One way to optimize your business and reduce the cost and complexity of your purchasing organization is to outsource the enzyme planning at your inventory locations. Novozymes’ solution Novozymes offers two standard Vendor Managed Inventory (VMI) solutions: A VMI solution based on the Global Upstream Supply Initiative(GUSI) This solution will primarily suit you if you purchase Novozymes’ solid enzyme products. Our GUSI solution follows the industry standard for processes and technical set-up, and is a fully automated solution whereby your ERP system is directly connected and fully integrated with ours. The solution is dependent on exchange of data, including inventory status and forecast, supply signals, as well as dispatch and receipt notifications. A Tank Monitoring VMI solution An alternative to the GUSI solution is the Tank Monitoring VMI solution. This will suit you if you purchase our liquid enzyme products. Using a sensor that will be installed on your tanks, our systems can monitor the level of material in the tanks for you. When the material reaches a predefined level, the sensor sends a signal that automatically generates a replenishment order in Novozymes’ system. Benefits that make a difference Novozymes’ inventory management services are designed to provide you with a high level of delivery service and security, by freeing you from tasks related to purchasing and inventory planning. The replenishment processes are optimized through automation, and eliminates manual and transactional tasks and risks.

2. STEPWISE ACTIVITY DELIVERY PROCESS Thistable is copied from our INTERNAL catalogue. Must berevisedbeforesharingwithcustomers! This service is delivered by Novozymes’ SupplyChain Management team