The New Supply Chain and Real-Time Collaborative Enterprise
Product demand and delivery schedules are experiencing resurgence in volatility. For many manufacturers, product delivery required at the right place, with the right quantity and at the right time through the supply chain is exacting a toll on operational performance.
Enterprise solutions designed to provide shop-floor employees and management with real-time control and dashboards have created isolated operational islands. Ultimately, the shop-floor is where business happens and is at the heart of achieving business performance optimization. The transformation of real-time data into information that can be used to rapidly make critical business decisions represents the single most important improvement step that has yet to occur to align the shop floor with the top floor.
Manufacturing and Supply Chain Intelligence
Manufacturing Intelligence is not Intelligent Manufacturing. Manufacturing Intelligence is automatic data capture from the shop-floor that not only delivers real-time visibility, but also derives analytics on key performance indicators (KPIs) to optimize business performance enabling the real-time collaborative enterprise. The new supply chain is not about managing suppliers as contractors but as collaborating partners. Successful collaboration starts from sharing real-time high-integrity status information directly from the shop-floor. The instant real-time availability and sharing of start-to-finish KPIs have been identified as a foundational capability for world class operations.
Partnering on On-Time Delivery
On-time delivery can only be achieved through accurate production forecasting based on real-time shop floor information combined with early warning systems and exception reporting. Further applying business intelligence and operational analytics to real-time shop-floor metrics transforms reactive processes into predictive and proactive manufacturing operations. The recent drastic moves in markets point to an ongoing need to anticipate that things will turn out differently than expected. One way to do this is through collaborating with suppliers, monitoring supply chains, distribution and start-to-finish tracking not monthly or weekly, but in real-time, remotely and on a 24x7 basis.
Omnitrol’s platform enables new Supplier Visibility solutions that are taking supply chain visibility to a new level. Omnitrol has enabled a powerful new EPC Global compliant supplier integration set of partner-driven solutions to keep real-time operational visibility on production dependencies between partners and suppliers.
Benefits for the OEM customer include:
- Automated order tracking
- Increased supplier management efficiencies
- High integrity real-time supplier data
- Manage more suppliers per resource
- Reduced cost and complexity with SaaS-based deployment
- Coordinate delivery across multiple suppliers
- Better and faster decision making
Benefits for the supplier include:
- Improved on-time delivery
- Improved cycle time
- Automate reporting/spreadsheets
- Collaboration with customers
- Instantly available KPIs and analytics
- Rapid ROI with ultra-low TCO
