SupplyChain Magazine June 2020 | Page 40

• OPTIMISING AND STREAMING PRODUCTION
40 solutions that configure statistical forecasting allows the end user to identify shifts and anomalies in demand sooner to drive the bottom-line impact , as well as the ability to examine distribution , production , and procurement alternatives when needed .
• OPTIMISING AND STREAMING PRODUCTION
Influenced by improving the supply chain management and shop floor visibility , production optimisation and streamlining is driven by the combination of having the right ERP solution paired with a strong strategic sourcing program and a multi enterprise solution to gain visibility to suppliers .
“ A streamlined adaptable production schedule enables a new product to seamlessly transition from a prototype to mass production , to bring new products to market faster ,” explains Merry . “ A strong ERP can create lean , demand-driven supply networks that are resilient to disruptions and build on their advanced supply chain practices , thus driving speed and innovation . Ultimately , it ’ s all about increasing asset utilisation , increasing efficiency ,
JUNE 2020