CHALLENGES & SOLUTIONS
Factory production management is an area of Global Sourcing that enables you and your vendors to accomplish a remarkable value-add program that drives efficiency and savings. According to the international marketing survey, only 9% of manufacturers do not utilize an Enterprise Resource Planning (ERP) solution. But ERP systems contain enormous amounts of proprietary data like product costing, margins and revenue, supplier performance, and more; therefore, you don’t want to open up your ERP to your supplier base. Instead, a production management solution with tight integration to the ERP and PDM/PLM systems is ideal.
Production Management establishes visibility into outsourced production and improves factory compliance to increase supply certainty and enable advanced product flow directly from source to end-customer. The solution increases the efficiency and agility of supply chains by improving on-time delivery and better aligning supply to the latest demand patterns, often saving millions of dollars by delaying last orders. It makes major initiatives such as DC bypass and cross-docking significantly easier to execute, pulling real-time factory transaction data to offer visibility into detailed in-production status.
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