Smart Factory Technology Solutions for the Manufacturing Industry
Productive Global
The global manufacturing industry is poised for a revolution. Consumerism is on a rise, leading to persistent pressures on industrial performance. Organizations in emerging markets and advanced markets each have their unique set of challenges to overcome. Companies in developing economies are constantly focused on reducing time to market and lowering costs while maintaining adherence to international quality standards. Larger companies look for expanding their distribution network to reach out to newer markets. Conglomerates worldwide are gearing up on innovation ideas in the areas of planning, budgeting and consolidation.
Solutions
Supply Chain
Capacity
OEMs worldwide have realized the importance of supplier inclusion as a key strategy for achieving best results. With a supplier portal, suppliers have access to forecast information giving them lead time to plan their stock levels. Electronic movement of component specifications, purchase orders, invoices and payment receipts through system interfaces saves time, effort and costs for both supplier and manufacturer. Synchronous supplier relationships have known to reduce time to market and cost overruns by as much as 25% annually.
Real time visibility into workloads is an essential feature that helps in protection of machines, labor and materials against the pitfalls of unprecedented demand spikes. Situations of excess or insufficient resources can be handled with real time machine and stock loading charts along with visibility into inventory levels at different locations.