Narayan Laksham Says Cloud-Based Electronic Kanban Must Be Based on Actual Consumption
Narayan Laksham, Ultriva founder and CEO commented, “Keeping production lines optimally stocked with necessary parts and components - when they are needed and in the right quantity is essential. As a product is consumed in the production process, an order for depleted inventory must be placed immediately through an electronic cloud-based kanban system. Consumption-driven replenishment proves its applicability across tiers of distribution and supplier networks and has become the compelling alternative to more traditional Material Requirements Planning (MRP) or “push”...
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