Battery Production Challenge: The battery and clean-tech industry evolves rapidly, with constant development of new products and processes. Lyten was working to develop and commercialize innovative battery technology and materials that reduce cost and weight, while increasing longevity and reliability for various commercial applications. They were challenged to scale complicated production processes and win confidence …
We will be discussing the powerful combination of advanced planning, scheduling, and sequencing with a full MES/MOM capability that includes quality, SPC, IOT, special work requests, factory connectivity, factory analytics/insights and ERP/supply chain system integration. As you read this paper, one provocative thought to keep in the back of your mind is related to your …
Electric vehicles (EVs) have been identified as the centerpiece of future transportation and logistics, providing a greener alternative to traditional fossil fuel-consuming vehicles. There were nearly 5.4 million hybrid electric vehicles on American roads and around 1.4 million full electric “plug in” vehicles, with these figures expected to rise in coming years. So, what does …
Execution always varies from plan. We bake inefficiencies into our planning process by buying insurance in the form of extended order lead time, safety stock, lower planned machine utilization, overtime, expedited freight and premium freight to reduce the risk imposed by this variance. In some cases, we pay penalties in addition to this insurance depending …
Introduction It’s logical that actionable insights which leverage real time data would drive optimized factory performance. Instant notification of problems, root cause analysis, predictive analytics, and scenario-based prescriptions will result in improved throughput, inventory, and operating expense while delivering on asset utilization, OEE, labor efficiency and order fulfillment. Data remains the constant need for all …
Operations management is the supply chain management team in charge of the daily business operations. These supply chain professionals follow 10 standard operations management principles to optimize the scheduling, production planning, inventory control, procurement, and quality control processes in their manufacturing organization.
Master production scheduling is a production planning process that creates a central document a master production schedule or MPS that tells you what make to stock or sales orders you need to manufacture, what quantity of these products your factory needs to produce, and when these products need to be completed.
The average cost approach is one strategy used by manufacturers to control inventory expenses. This is important because the cost of production is a key factor in determining profitability in manufacturing.
Optimization is the process of making something as effective and efficient as possible. In the world of business, optimization is essential for manufacturers who want to stay competitive and profitable. Manufacturers can reduce costs, increase productivity, and improve quality by optimizing their operations. In this article, we will discuss – 10 Optimization Business Steps for Manufacturers
