360° Coverage : Ultriva CEO Explains Lean Manufacturing Requires Supplier...

12 Updates

Ultriva CEO Explains Lean Manufacturing Requires Supplier Replenishment

Apr 20 2014, 6:18am CDT | by

Cupertino, CA, April 20, 2014 --(PR.com)-- Often overlooked in lean manufacturing initiatives is the supply chain, in particular supplier replenishment. In the current company blog, Ultriva’s CEO...

Filed under: news

YouTube Videos Tweets

 
 
 

23 weeks ago

Ultriva CEO Explains Lean Manufacturing Requires Supplier Replenishment

Apr 20 2014, 6:18am CDT | by

Cupertino, CA, April 20, 2014 --(PR.com)-- Often overlooked in lean manufacturing initiatives is the supply chain, in particular supplier replenishment. In the current company blog, Ultriva’s CEO, Narayan Laksham, explored how Global multi-national manufacturers can use supplier replenishment as the ultimate tool in lean manufacturing best-practices.

Laksham explained that Supplier Replenishment is lean because it:
· Improves supplier on-time delivery performance by enabling better collaboration and data sharing between buyers and suppliers.
· Improves buyer and planner productivity by automatically flagging and communicating new and changed orders to suppliers, eliminating unreliable communication modalities.
· Eliminates stock-outs by tracking order status and proactively alerting buyers to high risk situations.
· Reduces Inventory levels by providing better inventory on-hand data and continuous improvement analytics.

“Lean manufacturing principles require a variety of inventory replenishment methods, including: schedule-based replenishment, discrete POs, min/max, consignment and VMI (vendor-managed inventory) replenishment methods. With supplier replenishment, manufacturers can drive replenishment from production schedules, publish forecasts to suppliers, and automate purchase order releases and receipts through a collaborative Internet portal,” noted Laksham.

In today’s fast-paced economy, manufacturers must constantly find ways to reduce costs and improve efficiency. A collaborative supplier replenishment system is a great way to accomplish lean goals.

To read the entire blog, go to: http://web.ultriva.com/ultriva-blog/bid/100838/Lean-Manufacturing-Requires-Supplier-Replenishment.

Ultriva’s (www.ultriva.com) cloud-based platform leverages and seamlessly integrates with leading ERP and MRP systems, to deliver an end to end pull based replenishment model. Ultriva, based in Cupertino, CA, implemented a global demand driven manufacturing model by providing full visibility, scheduling, and sequencing of production of customer orders. The need for a collaborative transactional portal is essential and E2E (End to End) Pull allows large multi-national manufacturers to actively collaborate with customers for actual demand and synchronize with suppliers for replenishment. E2E Pull offers a better solution to balancing supply with customer demand through procurement strategies, materials and inventory policies tied to actual demand signals. Many suppliers want to provide sufficient service levels to customers and turn supply replenishment and synchronization into a competitive advantage. The company’s global footprint is increasing rapidly with implementations in wide variety of industry sectors and enterprises such as ATK, CareFusion, Emerson, Ingersoll Rand, McKesson, Magellan, Regal Beloit, Thermo Fisher and more. Follow Ultriva on Twitter at @Ultriva.

Ultriva, Inc.
www.ultriva.com
Cynthia Leonard
Marketing Executive
cynthial@ultriva.com
408.961.2495

Contact Information:
Ultriva, Inc.
Cynthia Leonard
408.961.2495
Contact via Email
www.ultriva.com

Read the full story here: http://www.pr.com/press-release/553844

Press Release Distributed by PR.com

 
Update
12

Tweets

 
 
Update
11

45 minutes ago

This Is The App People In Hong Kong Are Using To Organize Protests

Sep 30 2014 4:35am CDT | Source: Business Insider

Thousands of pro-democracy protestors are taking to the streets of Hong Kong ahead of a national holiday on Wednesday, and they're using a messaging app to keep in touch and defy censorship.  FireChat is a messaging app built by San Francisco-based company Open Garden, which creates products facilitating a more open, decentralized internet.  When you first download FireChat, the app doesn't let on that it has become a hub for pro-democracy protestors around the world. Ins ...
Source: Business Insider   Full article at: Business Insider
 

 
Update
10

46 minutes ago

'Teh Internet Is Serious Business' Review - How LulzSec Briefly Took Over The World

Sep 30 2014 4:33am CDT | Source: IBTimes UK

New play by Tim Price attempts to recreate the anarchic world of LulzSec hackers ...
Source: IBTimes UK   Full article at: IBTimes UK
 

 
Update
9

57 minutes ago

600-Year-Old Advanced 'Ocean' Canoe Reveals How Early Human Settlers Colonised New Zealand

Sep 30 2014 4:23am CDT | Source: IBTimes UK

Auckland and Macquarie University scientists show wind enabled settlers to arr ...
Source: IBTimes UK   Full article at: IBTimes UK
 

 
Update
8

1 hour ago

GMDC to set up 50 MW wind power project at Rs 300 crore

Sep 30 2014 4:06am CDT | Source: Business Standard

State-run Gujarat Mineral Development Corporation (GMDC) will set up a 50 Mega Watt (MW) wind power project in a bid to harness green energy potential, said, a senior GMDC official. The fresh addition will take the total capacity of wind ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
6

1 hour ago

Robert Powell's Retirement Portfolio: Housing is biggest expense for retirees

Sep 30 2014 4:00am CDT | Source: MarketWatch

There’s a lot of hue and cry about health-care costs for retirees, but it’s housing expenses that take the biggest bite out of their budget. Here’ ...
Source: MarketWatch   Full article at: MarketWatch
 

 
Update
5

2 hours ago

EU Believes Apple's Irish Tax Deal Breached Rules

Sep 30 2014 3:05am CDT | Source: WSJ.com: Europe Home

European Union regulators said they believe that tax deals granted to Apple in Ireland constitute illegal state aid as it set out the reasoning behind the decision to open an in-depth i ...
Source: WSJ.com: Europe Home   Full article at: WSJ.com: Europe Home
 

 
Update
4

2 hours ago

New Interpol complex in Singapore to boost fight against cyber crime

Sep 30 2014 2:32am CDT | Source: The Standard: China's Business Newspaper

A new Interpol centre to be opened in Singapore next year will strengthen global efforts to fight increasingly tech-savvy international ...
Source: The Standard: China's Business Newspaper   Full article at: The Standard: China's Business Newspaper
 

 
Update
3

3 hours ago

VIDEO: Bomb-makers tracked via sewers

Sep 30 2014 2:18am CDT | Source: BBC News

New technology allows security services to analyse the contents of the sewers to discover where people are mak ...
Source: BBC News   Full article at: BBC News
 

 
Update
2

4 hours ago

Internet insight on investing

Sep 30 2014 1:15am CDT | Source: Business Day

James Montier says investment management resembles, sadly, another old profession. Ancient alchemy, with its promises to turn ...
Source: Business Day   Full article at: Business Day
 

 
Update
1

4 hours ago

Ancient Genome from 2300-Year-Old Skeleton to Help Scientists Understand Human Origins

Sep 30 2014 1:15am CDT | Source: IBTimes World

The genetic profiling of a skeleton found in the southern tip of Africa has been found to belong to a group closely related to the original mitochondrial ...
Source: IBTimes World   Full article at: IBTimes World
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/29" rel="author">PR.com</a>
PR.com press-releases.

 

blog comments powered by Disqus

Latest stories

Algeria's tourism takes a hit after guide's beheading
Algiers, Sep 30 (IANS) Last week's beheading of a French mountain guide in Algeria has hit the tourism sector of the north African country, over a thousand tourists cancelling their bookings.
 
 
New frontier for heart failure treatment
Toronto, Sep 30 (IANS) Opening new avenues for the treatment of heart failure, a research has found how the function of a key cardiac protein changes in the case of heart failure.
 
 
Alcohol can disrupt sleep even after quitting
New York, Sep 30 (IANS) Chronic alcohol exposure can lead to disruptions in the sleep cycle, not just when one actively drinks but even years after one stops drinking.
 
 
World's fourth largest sea dried up completely: NASA
New York, Sep 30 (IANS) Aral Sea - the giant lake between Kazakhstan in the north and Uzbekistan in the south - has dried up completely, says NASA.
 
 
 

Latest from the Network

Lesotho mediation efforts to continue
Cape Town, Sep 30 (IANS) South African Deputy President Cyril Ramaphosa will undertake a third visit to Lesotho Tuesday to mediate the political crisis in the country, it was announced Monday. During the visit,...
Read more on Politics Balla
 
Algeria's tourism takes a hit after guide's beheading
Algiers, Sep 30 (IANS) Last week's beheading of a French mountain guide in Algeria has hit the tourism sector of the north African country, over a thousand tourists cancelling their bookings. Kidnapped Sep 21 in Tizi...
Read more on Politics Balla
 
New frontier for heart failure treatment
Toronto, Sep 30 (IANS) Opening new avenues for the treatment of heart failure, a research has found how the function of a key cardiac protein changes in the case of heart failure. Since 1976, researchers have known...
Read more on Business Balla
 
Alcohol can disrupt sleep even after quitting
New York, Sep 30 (IANS) Chronic alcohol exposure can lead to disruptions in the sleep cycle, not just when one actively drinks but even years after one stops drinking. Individuals with alcohol use disorder frequently...
Read more on Business Balla
 
NASA app teaches kids about rocket launches
New York, Sep 30 (IANS) The US space agency NASA has launched a new app to make children aware of how rockets are launched. The free app called "LSP Activity Book" lets kids learn about the mission planning process...
Read more on Politics Balla
 
Hong Kong chief executive urges protest stoppage
Hong Kong, Sep 30 (IANS) Hong Kong Chief Executive C.Y. Leung Tuesday urged the people to end the on-going protest over the issue of Hong Kong's constitutional development. Protests have been taking place in various...
Read more on Politics Balla
 
Elizabeth Banks joins 'Magic Mike XXL'
Elizabeth Banks has joined the cast of 'Magic Mike XXL'. 'The Hunger Games' star' has signed up to appear alongside newly announced cast mates Jada Pinkett Smith and Andie MacDowell in the stripper comedy sequel, though...
Read more on Movie Balla
 
Angelina Jolie buys £2million watch for Brad Pitt
Angelina Jolie has given Brad Pitt a rare £2 million watch as a wedding present. The 'Maleficent' actress has splashed out on the expensive gift - a 1952 Patek Philippe platinum chronometer - which has been inscribed...
Read more on Celebrity Balla
 
Phil Collins reveals extent of drink troubles
Phil Collins used to drink wine at 11am and struggled to get out of bed in the morning. The 63-year-old musician - who has a personal fortune estimated to be worth £120 million and has won seven Grammy awards - insists...
Read more on Celebrity Balla
 
George Clooney feels 'pretty great' after wedding
George Clooney feels ''pretty damn great'' after marrying Amal Alamuddin. The 53-year-old star gushed he is ''looking forward to everything'' in his life after tying the knot to the 36-year-old lawyer in Venice, Italy...
Read more on Celebrity Balla