Cupertino, CA -- (SBWIRE) -- 10/02/2013 -- Ultriva’s Founder and CEO, Narayan Laksham, referenced Supply Chain Management Review whose editors suggested that a product begins its life with maximum profit potential during the manufacturing process. Laksham commented in a recent blog, “But as that product moves through an increasingly complex, global supply chain, excess time and handling costs erode its profit. The author continues to point out that the average supply chain has become segmented, with different groups managing different phases of the product lifecycle in isolation. While this may add functional efficiency in specific areas, I feel the lack of a coordinated approach creates a less efficient supply chain overall. A more holistic, synchronized approach to managing logistics and related supply chain services throughout a product’s lifecycle is better suited to today’s companies.”
Laksham also commented that manufacturing companies can reduce supply chain costs an average of 10-20% by looking at what we call driver-based metrics. Some of the metrics being measured by the customers today do not provide a good base for continuous improvement. A simple example is suppliers can control their ship date but the customers measure them by receive date. The variability of the transportation, the delay in the customer entering the receipt in to their ERP and such factors makes the delivery performance provide very little value to improvement. Add to this the constant exceptions generated by MRPs (Defer, Expedite, Cancel) that make the receive date a moving target.
This actionable information is provided by Ultriva software to planners, buyers, shop floor users and suppliers to uncover potential part shortages, late or short shipments, expiration of blanket purchase orders, inspection delays and to provide traceability. Providing real time visibility to this pertinent information, based on the user’s role, can and will lead to making the supply chain vibrant and dynamic, as well as reduce costs.
To read the entire blog, go to: http://tinyurl.com/pm3auvv.
Ultriva (www.ultriva.com) empowers leading industrial, automotive, healthcare, aerospace, and defense businesses to operate more effectively and collaboratively by providing real time visibility and targeted actionable intelligence into inventory and material flows. Ultriva’s cloud-based platform leverages and seamlessly integrates with leading ERP and MRP systems, to deliver an end to end pull based replenishment model for a wide variety of industry sectors and enterprises such as ATK, CareFusion, Emerson, Ingersoll Rand, McKesson, Magellan, Regal Beloit, Thermo Fisher and more. Few Commercial-off-the-shelf (COTS) software solutions meet the requirements of Oracle users who turn to Ultriva’s Supply Chain Cloud solution, an Oracle Validated Integration solution. Ultriva is a privately held, growing software company based in Cupertino, California. Follow Ultriva on Twitter at @Ultriva.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)