Manufacturers are being squeezed by two complex market trends; customer demand grows increasingly volatile and suppliers are less willing to bear the burden of carrying extra inventory to serve the customers’ fluctuating needs.
To successfully address this dilemma, manufacturers must shift from using forecast-based planning systems to consumption-based replenishment systems
In most manufacturing companies, the supply chain is still controlled by MRP and ERP systems that use forecasted or planned demand to establish material requirements. Every MRP run generates changes in material requirements that lead to whiplashes across the supply chain. The costly and serious ripple effects of these ever-changing requirements include stock-outs, shortages, bloated inventory levels, costly expediting, and missed or late customer shipments.
Ultriva addresses the challenge of accurate planning with Collaborative Supply Portal (CSP). CSP delivers real-time visibility with supply partners using a simple platform for accessing demand signals, acknowledging the receipt of orders and the shipment of goods.
CSP offers a transition path to a demand-driven enterprise by improving collaboration between plants and suppliers, providing visibility into demand and supply. Planners, buyers, and suppliers see a single version of truth and respond effectively and immediately to unexpected changes in demand.
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CSP provides a platform to address all material replenishment requirements on an individual basis. Some suppliers and parts are not candidates for consumption-based replenishment or Kanban. CSP can handle parts that are on a Kanban-based replenishment cycle. Parts with high volatility or low usage and have requirements generated from the existing MRP/ERP system can still be triggered and tracked by the Ultriva CSP.
Ultriva's Collaborative Supply Portal provides an easy-to-use platform for suppliers to access demand signals and to acknowledge the receipt of orders and the shipment of goods. CSP also allows for real-time visibility with all trading partners.
CSP inventory status reports provide visibility at a part level relative to inventory. This part-level analysis can be utilized on any order, whether in process, in transit, or in receiving. CSP summaries present order workflows, Kanban signals, and MRP orders at an aggregate level, allowing managers to drill down to display the details of individual orders.
CSP delivers analysis by part based on defined and actual consumption, inventory sizing, and on-hand inventory. CSP computes:
Detailed status information about each part also includes:
Manufacturers require a single version of the truth for reviewing supplier performance measured by supplier ship date and customer receipt date. CSP scorecards monitor supplier performance on a per-action basis answering these question:
CSP dashboards provide visibility into part shortages and outstanding orders. Reporting also includes a real-time status of inventory health, exception alerts, unacknowledged orders, late shipments, and late receipts. CSP easily integrates with existing ERP/MRP systems, creating visibility to MRP forecasts and planned orders.
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