Aerospace Company Significantly Reduced Raw and Finished Goods Inventory with Ultriva
Cupertino, CA -- (SBWIRE) -- 03/12/2014 -- A successful aerospace manufacturing company, engaged in the defense and commercial aerospace markets, was seeking a best-of-breed commercial off-the-shelf (COTS) software solution. The company needed to support a well-defined set of business and technology requirements forming the foundation of their Supplier Management System (SMS).
Ultriva’s Collaborative Supply Portal (CSP) solution was the best decision for the aerospace company due to the ease of integration with Ultriva’s Line-of-Business ERP systems. Because of the new adoption, their material management organizations are provided with a powerful set of software tools that would enable real-time collaboration with their supply chain partners.
The aerospace manufacturing company has significantly reduced raw, work-in-process (WIP), and finished goods (FG) inventories, while at the same time eliminated stock-out situations and expediting fees. Additionally, the transition from reactive to proactive management processes have freed up valuable resources allowing the manufacturing team to spend more time on strategic sourcing and other continuous improvement related initiatives.
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About Ultriva, Inc.
Ultriva’s (http://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 model. Ultriva, based in Cupertino, CA, implemented a global demand driven manufacturing model by providing full visibility, scheduling, and sequencing of production of customer orders. The need for a collaborative transactional portal is essential and E2E (End to End) Pull allows large multi-national manufacturers to actively collaborate with customers for actual demand and synchronize with suppliers for replenishment. E2E Pull offers a better solution to balancing supply with customer demand through procurement strategies, materials and inventory policies tied to actual demand signals. Many suppliers want to provide sufficient service levels to customers and turn supply replenishment and synchronization into a competitive advantage. The company’s global footprint is increasing rapidly with implementations in wide variety of industry sectors and enterprises such as ATK, CareFusion, Emerson, Ingersoll Rand, McKesson, Magellan, Regal Beloit, Thermo Fisher and more. Follow Ultriva on Twitter at @Ultriva.