• Embed Doc
  • Readcast
  • Collections
  • 1
    CommentGo Back
 
 
1www.SherTrack.com©2008, SNAPPS and SherTrack are trademarks of SherTrack LLC, other product or service names mentioned herein are thetrademarks of their respective owners.
SherTrack
Demand-Driven Predictive Manufacturing
SNAPPS PM - Predictive Manufacturing
Introduction
Manufacturers face relentless global competition that continuously exerts manufacturing costpressure while customers demand exacting service levels and greater flexibility. Chronic demandforecast error and manufacturing process complexity are recognized as the leading causes of degrading on-time delivery (OTD) and lower overall equipment effectiveness (OEE). These factorsare major contributors to inflated manufacturing costs.Best-in-class manufacturers are focusing on alternatives to traditional demand forecasting and areaggressively employing continuous improvement teams to tackle asset optimization and therebyimprove their manufacturing performance.SNAPPS PM operates at the critical junction of business planning and manufacturing execution tovirtually eliminate the negative impact of forecast error, maximize throughput, increase effectivecapacity and improve service levels. SNAPPS determines the production response to changingdemand that will maximize the economic contribution margin while making the most efficient use of assets.Leveraging existing investments in ERP, SCM and/or Manufacturing Execution Systems (MES),SNAPPS targets process manufacturers and extends the value of legacy IT investments by providingdramatic improvements in production efficiency and flexibility.
Demand Sensing
SNAPPS PM, SherTrack’s demand
-driven predictive manufacturing solution is driven by customer orders and the probabilistic synthesis of orders expected in the execution time horizon. Thissynthetic demand signal enables a true Lean Pull order-to-fulfillment process in complex production
environments. SNAPPS PM’s powerful prob
abilistic inventory optimization and scheduling enginesdetermine the optimal manufacturing response to changing market demand. SNAPPS PM effectivelymanages both demand and supply variation, providing the optimal plant-system response for achieving Best-in-Class OTD and OEE performance.
Synthetic demand signal virtually eliminates the operational impact of forecast error 
of 00

Leave a Comment

You must be to leave a comment.
Submit
Characters: ...

Are you interested in connecting with a Lean Six Sigma Thought Leader or Consulting Professional, Please feel free to contact me directly. Warm Regards, Steven Bonacorsi Vice President, MBB, MBA, MS-CIS, PMP Toll Free 888-826-2484 Cell Phone 603-401-7047 Main Fax 480-730-7980 sbonacorsi@theaitgroup.com Tomorrow starts today... so let's work hand-in-hand to Create the Future... http://www.theaitgroup.com – Lean Six Sigma Training and Events http://www.sixsigmalive.net – Lean Six Sigma Online Courses & Certification http://www.linkedin.com/in/stevenbona... - Add me directly to LinkedIn http://www.linkedin.com/e/gis/37987/6... - Lean Six Sigma LinkedIn Group http://lean6sigma.ning.com – Join the Lean Six Sigma Business Network http://ezinearticles.com/?expert=Stev... - Lean Six Sigma Articles http://www.konnects.com/profile/sbona... - Please add me directly to Konnects

You must be to leave a comment.
Submit
Characters: ...