This paper looks at the challenge of managing the forecasts for sporadic and/or slow moving parts within normal business forecasting processes. It discusses techniques that have been developed to forecast demand and manage the inventory for such items. These techniques have proven to be generally applicable for many items with a sparse demand pattern—not just true slow movers, but also those items that sell in large volumes when they do sell.
Viewlocity CTP leverages all your existing solutions across multiple systems, multiple vendors, and diverse technologies.
Increased number of suppliers, greater number of outsourced functions, and unsynchronized data compromise today’s global supply chain management. Viewlocity’s Supplier Management solution organizes such information from all the trading partners into a single comprehensive system and provides tools to view, respond, and measure your supply chain.
In combination with RealTime, Steinwall Scientific utilizes EnterpriseIQ’s statistical process control (SPC) module to further analyze part production, forcing the company to become extremely precise and resulting in 99.5 percent of all lots to be completely accepted by its customers. The exactitude with which RealTime captures process data, compared to the data of the past, was a surprise benefit discovered after implementation that has started a cultural shift for the better.
With MPC’s old system, the company’s manufacturing and distribution facilities functioned autonomously in a reactive manner using dated information. With RealTime from IQMS in place, MPC’s management team can see progress as it happens, and in turn catch potential trouble before it becomes a costly issue. According to Schneberger, the benefit and efficiencies gained in having real-time data access doesn’t just apply to MPC’s top management.
Abram Harms interviewed an impressive 10 ERP companies in his search for the best. Of the 10, he narrowed it down to just three: Infor, IQMS and Shoptech. From the final three, Harms chose IQMS’ single database solution, EnterpriseIQ, because IQMS instilled extreme confidence that it would work hard to solve Load Trail’s challenges. Through the dynamic nature of the company and IQMS’ willingness to adapt the ERP product to fit specific automotive requirements, Harms knew that he was in good hands.
What do you get when you combine an innovative manufacturer with a progressive ERP software automation team willing to push the boundaries of shop floor control? Competitive advantage, increased efficiency and a match made for the future. Together, Double H Plastics and IQMS are improving the landscape of automation in manufacturing for future success.
With EnterpriseIQ in place, Donnelly has seen improvements in every aspect of its business. RealTime Machine Monitoring allows shop floor supervisors to access production data as it occurs from any computer in the plant, whereas they used to spend time walking the shop floor to check presses. Donnelly has also eliminated excess data entry and saved numerous hours of overtime because team leaders and supervisors no longer have to work long beyond their shifts to input data, something that consumed many hours of overtime each day.
ARCA is one of the largest manufacturers and systems integrators of cash-handling devices in the world. The company develops software applications and supplies components and diagnostics for cash dispensers, cash recycling machines and coin dispensers. See how Plex Online not only doubled their production and market share, but also increased ARCA's efficiency by 20 percent.
By implementing tailored ‘best in class’ processes, Viewlocity Control Tower Platform enables you to control all aspects of your end-to-end supply chain - inbound transportation, outbound transportation, order management, returns management, asset management and service management.