Laksham addressed how part shortages affect production schedules and customer shipments, as well as charges of inventory reduction by management. Salient topics such as how well are suppliers performing and if business is encountering late and partial shipments were also addressed. Laksham’s presentation covered the importance of Supply Chain Visibility and how it results in improved inventory and service levels.
Narayan shared, “The presentation was geared towards the audience, how to build visibility, the pain points, and the road blocks. It was a great opportunity for participants to network.”
Attendees learned what real-time visibility can do for their organization. Attendees also explored how manufacturing companies can use their supply chain to improve service levels, streamline production and optimize inventory as well as how systems driven discipline in the supply chain leads to substantial continuous improvement.
Laksham has been committed to helping manufacturing companies collaborate with suppliers and gain true supply chain visibility. He is also a co-inventor of the “Inventory Optimization Tool,” that can identify parts best suited for Kanban replenishment and estimate the potential savings. During the last decade, he has visited over 150 manufacturing facilities worldwide to strategize on End to End Pull processes. He is the author of several articles including “When Push Comes to Pull, Kanban wins.”
Ultriva’s (www.ultriva.com) cloud-based platform leverages and seamlessly integrates with leading ERP and MRP systems, to deliver an end to end pull based replenishment solution. Ultriva, based in Cupertino, CA, implements a global demand driven manufacturing model by providing full visibility, scheduling, and sequencing of production of customer orders. Ultriva was named one of the Great Supply Chain Projects of 2014 by Supply & Demand Chain Executive magazine. The company’s global footprint is increasing rapidly with implementations in wide variety of industry sectors and enterprises such as Magellan Aerospace, CareFusion, Emerson, Ingersoll Rand, McKesson, Triumph Group, Regal Beloit, Thermo Fisher and more. Follow Ultriva on Twitter at @Ultriva.