Laksham also commented that manufacturing companies can reduce supply chain costs an average of 10-20% by looking at what we call driver-based metrics. Some of the metrics being measured by the customers today do not provide a good base for continuous improvement. A simple example is suppliers can control their ship date but the customers measure them by receive date. The variability of the transportation, the delay in the customer entering the receipt in to their ERP and such factors makes the delivery performance provide very little value to improvement. Add to this the constant exceptions generated by MRPs (Defer, Expedite, Cancel) that make the receive date a moving target.
This actionable information is provided by Ultriva software to planners, buyers, shop floor users and suppliers to uncover potential part shortages, late or short shipments, expiration of blanket purchase orders, inspection delays and to provide traceability. Providing real time visibility to this pertinent information, based on the user’s role, can and will lead to making the supply chain vibrant and dynamic, as well as reduce costs.
Ultriva (www.ultriva.com) empowers leading industrial, automotive, healthcare, aerospace, and defense businesses to operate more effectively and collaboratively by providing real time visibility and targeted actionable intelligence into inventory and material flows. Ultriva’s cloud-based platform leverages and seamlessly integrates with leading ERP and MRP systems, to deliver an end to end pull based replenishment model for a wide variety of industry sectors and enterprises such as ATK, CareFusion, Emerson, Ingersoll Rand, McKesson, Magellan, Regal Beloit, Thermo Fisher and more. Few Commercial-off-