Ultriva Collaborative Supply Portal Proves Successful with European Aerospace Manufacturer
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Press release date: February 21, 2014
Ultriva began deployment in four European plants for a manufacturer of aerospace systems and components. The plants will be utilizing Ultriva's Collaborative Supply Portal (CSP) that will enable real-time collaboration with their supply chain partners through a browser-based application. The system supports pull-based material replenishment processes. Included in the CSP is a business rules engine that automates many of the standard work flows supported by materials management organizations. When combined with CSP's automated alerting capabilities, these tools enable a smooth and orderly transition from reactive to proactive materials management.
The Aerospace Industries Association, the premier trade association representing the nation's major aerospace and defense manufacturers, works with 300 major aerospace and defense companies and their suppliers are members of the association, embodying every high-technology manufacturing segment of the U.S. aerospace and defense industry from commercial aviation and avionics, to manned and unmanned defense systems, to space technologies and satellite communications. Ultriva works with many of these leading manufacturers and suppliers and sees great expansion in 2014 likely in areas addressing civil aviation, space, national security, international and procurement and finance.
Laksham expanded, "This is clearly a paradigm shift compared to the constant focus on improving the planning or forecasts using better and superior algorithms. The primary goal of the E2E Pull process is to schedule manufacturing production based on customer demand instead of forecasts while raw materials and components usage at the manufacturing facilities should drive replenishment to the upstream supply chain. This is also known as consumption driven replenishment or electronic Kanban loops."
Ultriva's (http://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.
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