Forecast Errors Reduced in Medical Device Manufacturing with Kanban

Dec. 4, 2014 - PRLog -- A major medical device manufacturer transitioned from a traditional paper-based manual Kanban system to a cloud-based e-Kanban system for the lean manufacturing of high quality, defect free, and low cost intravenous (IV) infusion, medication and supply dispensing, respiratory care, infection prevention, and surgical instruments.  Forecast errors were significantly reduced.

Next week’s newsletter will also report that in the past, companies focused on batch-oriented manufacturing; today, it is more demand-oriented manufacturing. In the older model, it was easier to produce anywhere in the world, and through a distribution model, pump it directly into the market. That has changed to the extent where companies are not dealing with a limited set of SKUs. Now the use of SKUs is so huge and so wide in variety that it’s impossible for a company to stock every part.

Forecast Errors, a weekly e-newsletter, shares methods, modes, and tools used in a variety of supply chain industries. The newsletter explores forecast errors as the difference between the actual and predicted value. The consequences of errors are expensive inefficiencies that can be resolved with lean manufacturing technology.

To subscribe to Forecast Errors, go to: http://info.ultriva.com/newsletter

About Ultriva

Ultriva’s (www.ultriva.com) cloud-based platform leverages 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 and recently named one of 50 Best Supply Chain Blogs of 2014 by SupplyChainOpz. 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.

Ultriva, Inc.
www.ultriva.com
Cynthia Leonard
Marketing Executive
cynthiaL@ultriva.com
408.961.2495