Cupertino, CA, November 02, 2014 --(PR.com
)-- Ultriva, the leader in collaborative supply chain solutions, explored a comprehensive review of best-practice manufacturing technology in the company blog. Narayan Laksham, Ultriva’s founder and CEO explained how he applied lean principles to the supply chain processes and developed a solution that triumphs over the traditional Material Requirements Planning (MPR) systems and delivers more value.
Narayan Laksham, founder and CEO of Ultriva explained, “We enable companies to transition from a forecast-driven business model to a demand-driven manufacturing model. Reduction of inventory has become a necessity and not an option in order to survive. The focus has shifted from inventory reduction to right size inventory. Ultriva promotes a consumption driven replenishment methodology, which ultimately means – producing exactly what the customer wants and not what the forecast says.”
Laksham is adept at two things: pattern recognition in a multi-dimensional space and simplifying complex problems. In 1999 and 2000, as he walked through manufacturing floors across different industry segments and attended kaizen events around the world, he quickly saw a pattern of issues ailing the plant floors—excess inventory, non-standard production schedules, and lack of collaboration. Being an outsider with 20 years of experience in databases, CAD/CAM systems, application infrastructure, and development tools, Laksham sought to bring a fresh perspective into manufacturing. He applied lean principles to supply chain processes and developed a solution that triumphs over the traditional Material Requirements Planning (MRP) systems and delivers more value.
To read the entire blog, go to: http://web.ultriva.com/ultriva-blog/bid/103321/Ultriva-SCM-Technology-Featured-in-CIO-Review-Part-1.
Ultriva’s (www.ultriva.com) cloud-based platform leverages seamlessly integrates with leading ERP and MRP systems, to deliver an end to end pull based replenishment solution. Ultriva, based in Cupertino, CA, implements a global demand driven manufacturing model by providing full visibility, scheduling, and sequencing of production of customer orders. Ultriva was named one of the Great Supply Chain Projects of 2014 by Supply & Demand Chain Executive magazine and recently named one of 50 Best Supply Chain Blogs of 2014 by SupplyChainOpz. The company’s global footprint is increasing rapidly with implementations in wide variety of industry sectors and enterprises such as Magellan Aerospace, CareFusion, Emerson, Ingersoll Rand, McKesson, Triumph Group, Regal Beloit, Thermo Fisher, and more. Follow Ultriva on Twitter at @Ultriva.