Leveraging metrics to Improve Product Supply Capabilities in Process Manufacturing
A customer recently commented to me that the manufacturing process has emerged as the 'shock absorber' to deal with demand fluctuations in today's up and down market.
Traditionally process manufacturers were able to run their production assets at full capacity and manage demand fluctuations through inventory optimization - however today's process manufacturers have to adapt to this new model in order to compete in the current volatile demand environment.
A recent AMR Research (now Gartner) survey in collaboration with Infosys indicated that most process manufacturers understand the need for stronger integration across the supply chain and the manufacturing processes but innovation is slow to happen.
Resistance to change and perceived high investment costs remain key stumbling blocks to implementing tools and processes that could transform the manufacturing planning process. However the emergence of smarter intelligence and analysis tools have significantly reduced these barriers. Today users can have access to the right metrics and more control over how they manage and manipulate the data; and it can be done leveraging existing infrastructure without significant capital investment.
Please join me on June 23rd as I host a webinar with Simon Jacobson (Gartner) and Matt Looney (Eastman Chemical Company) to discuss:
Results from the survey,
How Eastman Chemical has taken the first step in this journey and
How you can innovate and drive agility in your manufacturing process.
To register please visit http://www.infosys.com/newsroom/events/Pages/product-supply-capabilities.aspx.
Author: Paul van Deventer
