Download Collaborative Manufacturing: Using Real-Time Information to by Michael McClellan PDF

By Michael McClellan

Collaborative production is an interactive strategy with nice power, yet with out the direct enter of the plant ground platforms details, an important piece of the administration strategy isn't on hand for attention. Collaborative production offers information and examples of the way and why real-time occasions in the plant ground administration infrastructure will be an crucial online platforms hyperlink in the provide chain procedure. The textual content offers an summary of the assets making plans structures, the layout and administration of plant information structures, together with production execution structures and techniques for calculating ROI while utilizing collaborative options. This expert how-to-guide can help finish clients comprehend the numerous advantages of this know-how and aids them in process layout and implementation.

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Extra info for Collaborative Manufacturing: Using Real-Time Information to Support the Supply Chain

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12, , 2001. book Page 23 Saturday, July 20, 2002 9:59 AM chapter three Collaborative planning, forecasting, and replenishment This chapter provides an in-depth explanation of collaboration specifically aimed at retail industries and the manufacturers serving this business segment. The history of traditional interaction and inventory decisions is explained to provide a basis for newer methods of vendor-managed inventories (VMI) and jointly managed inventories (JMI) that have evolved into a true collaborative approach.

Output — The output of this step is a published CPFR front-end agreement that gives both partners a co-authored blueprint for beginning the relationship or redefining it in accordance with the CPFR standard. The document clearly identifies the process in practical terms. It also identifies the roles of each trading partner and how the performance of each will be measured. In addition, it spells out the readiness of each organization and the opportunities available to maximize the benefits from their relationship.

Inventory reductions — Collaboration can have a major impact on the management of the value chain uncertainty and process efficiencies, the drivers for building and holding inventory. • Improved return on investment (ROI) — The ROI from CPFR for most companies can be substantial. • Improved technology ROI — Technology investments for internal integration can be leveraged through extending these enabling technologies to trading partners. 2%. In other words, for every 100 customers going to a store to buy a specific product, eight will not find the item they wish to purchase because it is not in stock.

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