Forecasts, Planning & Execution
An ideal world we should establish pull from Customers through plants and back to the Supply base. However, in reality, this is not practical or feasible. One reason is that not all purchased parts or components can be on Kanban. The percentage of Kanban parts can vary based on the type of manufacturing whether using ETO (Engineered to Order), MTO (Made to Order), MTS (Made to Stock) or a hybrid.
Ultriva’s cloud-based supply chain planning and execution software supports manufacturing replenishment by Kanban, Virtual Kanban, and MRP. In addition, irrespective of the type of replenishment trigger, buyers can communicate the gross requirements (Forecasts) to suppliers in real-time providing ideal visibility and supplier collaboration.
Here’s how Ultriva’s Collaborative Planning and Execution Software works:
These are gross requirements generated by MRP or a demand planning system and loaded in to Ultriva. In the supply chain, forecasts represent components and purchased parts. For those parts which are dual or multi-sourced Ultriva automatically distributes the gross requirements based on the defined % split for that particular part or component.
MRP Planned Orders
These are replenishment orders suggested during the MRP run. Normally these planned orders need an approval from the buyers prior to becoming Purchasing Order (P.O.) that can be sent to suppliers. Ultriva allows these plans to be loaded whenever the MRP is run. Buyers can use the interactive tools to process approval and release of P.O.’s to suppliers.
These are firm orders generated by MRP, shared in real-time with suppliers. Ultriva provides an electronic way to share MRP firm orders with suppliers via the Collaborative Supply Portal.
With Ultriva’s Collaborative Supply Portal, suppliers see consolidated demand even if coming from multiple divisions within a single customer, and even if they are running on different ERP systems. Plants can also publish their build plan to the supplier for the desired timeline. Suppliers can view these through the portal, down load them for their planning or integrate the information with their business systems.
Ultriva’s Collaborative Supply Portal takes the guess work out of the purchasing and procurement process. This makes ordering a closed loop process by monitoring flow, raising exceptions as appropriate, and tracking key supply chain analytics.