Poor Visibility Supply Chain Pain Point Identified in Ultriva Survey
Cupertino, CA -- (SBWIRE) -- 11/14/2014 -- Ultriva, Inc., provider of cloud-based supply chain execution software, announced the results of a recent customer survey on supply chain pain points in the company blog. According to the respondents, fifty-five percent mentioned a lack of real-time visibility into the supply chain as one of the major pain points.
Poor visibility often results in parts shortages. Frustrated manufacturers report having no idea they were down to the last box of parts. The result is expensive, using faster shipping methods to get the part back on the shop floor. A real-time view of parts on hand allows a supply chain manager to take action before there is a stock out, eliminating expedited fees.
Narayan Laksham, Ultriva’s founder and CEO explained, “The closest any manufacturer can get to the magic bullet is supply chain visibility. Supply chain visibility is needed to achieve manufacturers’ goal of saving money quickly and inexpensively. Ultriva’s approach to supply chain visibility is unique. All partners get access to data in real-time. Visibility to all orders allows suppliers to proactively respond to abnormal fluctuations in demand.”
Real time visibility corroborates when orders are sent, received, and shipped, allowing a supply chain planner to see which suppliers are doing a good job, and which are not. Reports are easily run to measure supplier ship dates viewed and shared buyer and supplier. There is no reason to wait for a supplier review, both parties can see how a supplier is doing, and identify areas of improvement.
Ultriva specializes in helping companies streamline supply chain to improve delivery. Ultriva was founded in 1999 to provide software solutions to companies that were struggling with demand volatility, unreliable suppliers, and forecast based planning systems. Since being founded they have deployed solutions in over 170 plants, in 20 countries and to over 8,000 suppliers. Customers have transacted over $2 billion and have saved over $500 million.
To read the entire blog, go to: http://web.ultriva.com/ultriva-blog/bid/103284/Supply-Chain-Pain-Points-in-Recent-Voice-of-Customer-Survey
Ultriva’s (http://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 the Ultriva blog was recently named one of 50 Best Supply Chain Blogs of 2014 according to 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.