Snapps Predictive Manufacturing

SherTrack Demand-Driven Predictive Manufacturing

SNAPPS PM - Predictive Manufacturing Introduction Manufacturers face relentless global competition that continuously exerts manufacturing cost pressure while customers demand exacting service levels and greater flexibility. Chronic demand forecast error and manufacturing process complexity are recognized as the leading causes of degrading on-time delivery (OTD) and lower overall equipment effectiveness (OEE). These factors are major contributors to inflated manufacturing costs. Best-in-class manufacturers are focusing on alternatives to traditional demand forecasting and are aggressively employing continuous improvement teams to tackle asset optimization and thereby improve their manufacturing performance. SNAPPS PM operates at the critical junction of business planning and manufacturing execution to virtually eliminate the negative impact of forecast error, maximize throughput, increase effective capacity and improve service levels. SNAPPS determines the production response to changing demand that will maximize the economic contribution margin while making the most efficient use of assets. Leveraging existing investments in ERP, SCM and/or Manufacturing Execution Systems (MES), SNAPPS targets process manufacturers and extends the value of legacy IT investments by providing dramatic improvements in production efficiency and flexibility. Demand Sensing SNAPPS PM, SherTrack’s demand-driven predictive manufacturing solution is driven by customer orders and the probabilistic synthesis of orders expected in the execution time horizon. This synthetic demand signal enables a true Lean Pull order-to-fulfillment process in complex production environments. SNAPPS PM’s powerful probabilistic inventory optimization and scheduling engines determine the optimal manufacturing response to changing market demand. SNAPPS PM effectively manages both demand and supply variation, providing the optimal plant-system response for achieving Best-in-Class OTD and OEE performance. Synthetic demand signal virtually eliminates the operational impact of forecast error

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©2008, SNAPPS and SherTrack are trademarks of SherTrack LLC, other product or service names mentioned herein are the trademarks of their respective owners.

SherTrack Demand-Driven Predictive Manufacturing

Profitable Response In capital intensive industries, the key to successful management is to ensure the highest effective use of the business’s assets. However, at the operational level this task can be daunting due to the impact of forecast error (demand variation), variation in production capabilities and the complexity of competing constraints. Developed in a variety of real world process manufacturing environments, SNAPPS’ probabilistic inventory optimization and scheduling engines are designed to operate plants efficiently at the limits of their unique operational constraints. SNAPPS effectively manages demand and supply variation in complex environments to enable agile, demand-driven manufacturing. Continuous Improvement Support In order to determine the most profitable operational response to demand, SNAPPS maintains an accurate digital model of the production line(s). This digital model can also be used by SNAPPS simulation. Simulation provides powerful tools for evaluating a wide range of supply chain options and policies and assessing their business impact using proven continuous improvement methodologies. Products and services can be profitably tailored to individual customers or market segments. Information from sales, marketing and operations is accurately captured in the SNAPPS digital model. This digital model in conjunction with structured methodologies can accurately evaluate and select the most profitable options and policies for guiding day-to-day business execution. This capability allows sales and marketing to set sales policies and service offerings that maximize the potential of the business. By consolidating disparate and complex information into a digital model, firms can determine the appropriate offerings that would increase revenue, improve resources utilization, and maximize profits. SNAPPS is fully aligned and integrated with process improvement methodologies such as Lean/Six Sigma & Theory of Constraints SNAPPS Value For process manufactures, SNAPPS enables agile demand-driven facilities capable of operating at the limits of their operational constraints. SNAPPS improves OEE, total effective capacity and service levels (OTD) with less working capital. SNAPPS simulation provides powerful tools for evaluating a wide range of strategic & tactical policies, setting key performance targets and moreover provides the ability to achieve these targets in operations.

More Information For more information, call SherTrack at (734) 462-6220 or visit us at www.SherTrack.com ©2008 SherTrack LLC

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