Successful Laboratory Equipment Manufacturer Chooses Ultriva Solution to Reduce Lead Time
1601 S. De Anza Blvd.
Cupertino, CA, 95014
Press release date: February 13, 2014
Cupertino, CA – A successful laboratory equipment manufacturing company evaluated other supply chain execution software solutions on the market. The company (LEM) selected Ultriva's Lean Suite featuring the Collaborative Supply Portal with Electronic Kanban as their solution. Using the Collaborative Supply Portal, communication to the supply base could now include both Kanban and MRP driven parts.
The laboratory company's leaders had been slowly implementing electronic Kanban on their own but had outgrown the ability to continue with their existing system. Parts were not easily scalable when a forecast shifted. In addition, LEM was looking to increase the amount of participation from their supply base and also to streamline their processes from their integration into their ERP environment.
Ultriva's Collaborative supply Portal (http://www.ultriva.com/products/collaborative-supply-portal/) filled the holes in company's ERP and planning systems. It also allowed them to collaborate more efficiently with their global supplier base by introducing a shared, real-time view. The Ultriva Lean Suite also integrated easily with their existing ERP. The entire integration project took just four weeks, resulting in greater supplier collaboration and improved performances. Since Ultriva's Supply Portal is web-based and simple to use, the manufacturing company is now proactively communicating with many more suppliers and has a goal to have 90% supplier adoption utilizing the Ultriva portal.
The laboratory equipment manufacturing company was able to reduce the value of inventory controlled by Ultriva by over 21% and increased their turns by over 27%. By moving more of their suppliers to a consumption-based replenishment system they were also able to reduce their lead times from the supply base by over 25 percent.
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.