Product category:
Supply chain planning and execution software
News Release from: WeSupply.com | Subject: Supply chain software
Edited by the Manufacturingtalk Editorial
Team on 04 January 2006
Software streamlines the supply chain
In pursuit of excellence, a compressor covers and turbine housings manufacturer is committed to continually reducing lead-times by disseminating information daily across the whole supply chain.
Streamlining the Supply Chain Holset is piloting a new supply chain management system using Wesupply software The decision to use Wesupply and the resulting supply chain process arose from a 6 Sigma project aimed at improving product deliveries to customers
This article was originally published on Manufacturingtalk on 20 Dec 2006 at 8.00am (UK)
Related stories
Wesupply announces an excellent year
Another great year for Wesupply as it builds on its electronic trading network with over 100 new clients in the last 12 months in its electronic enablement programme.
Zero Lead Time. Zero Admin. Zero Defects
Wesupply and their supply chain project for Newage AVK SEG wins top 20 position in Europe and the UK
In pursuit of customer excellence, Holset is committed to continually reducing lead-times to our customers and have set out to streamline communications, with the objective of disseminating information on a daily basis across the whole supply chain.
At the same time we wanted to ensure the availability of material in the supply chain to give Holset suppliers, typically foundries and machining companies, more flexibility and control of their production and available capacity.
Results from the 6 Sigma project showed that the greatest impact on our customer delivery performance would come from improving the availability of 'end housings', that is compressor covers and turbine housings.
Further reading
Managing supply chain partnerships effectively
At a recent 'roundtable' discussion, industry Leaders concluded that collaborative technology is increasingly accessible for managing effective supply chain partnerships.
Back office integration supplied by Wesupply
Atchison Topeka adopts Wesupply's OneTime technology to translates the exchange of key transactions such as Sales Order, Stock Movement, Stock Update, and Despatch/Picking Confirmation
Collaborative business solutions for the future
Coca Cola Amatil uses Wesupply to achieve ambitious supply chain target
The pilot scheme is accordingly being implemented across our end housing supply chain, linking foundries, machinists and Holset through one generic system.
Wesupply is a web-based hosted supply chain management solution designed to provide a number of key benefits: * Demand information can be communicated daily, in a common format, across the supply chain.
* Shortfalls can be identified proactively through exception based alerting, under such headings as: 'Shipment overdue', 'Under-receipt','Forecast error', 'Stock below minimum'.
* Material availability in the total pipeline, including in-transit consignments, is assessed.
* A means of managing and maintaining consignment stock at all levels in the supply chain is provided, leading to a significant reduction in Holset's own inventory.
* Ready visibility of all stock transactions across the supply chain leads to improved inventory control.
* Safety stock/Kanban levels needed to support Holset customers' lead-times are dynamically recalculated and automatically adjusted.
* Suppliers are given more flexibility and control of their production and available capacity, through defined tolerance bands.
* Advanced Shipment Notification (ASN) information can be sent to and received by suppliers.
A common measurement system is provided to meet agreed service level objectives.
All transactions and information can be easily integrated within the suppliers' own systems.
The Wesupply application has been configured to manage inventory levels for castings and machined parts categorised as 'scheduled', 'Kanban' and 'consignment'.
The intention is to implement a pull process throughout the supply chain, thereby reducing overall inventory while increasing Holset's ability to react to customer requirements.
Suppliers at every point in the supply chain have real-time access to their requirements from Holset, allowing them to react to changes more efficiently and effectively.
Application of business rules within Wesupply allows tight controls on inventory levels.
By the end of September 2005, the new supply chain control structure is expected to be fully operational for all component parts from six pilot suppliers.
A cross-functional senior management team is assessing the benefits of the pilot scheme, with the aim of determining a roll-out strategy for its wider implementation.
If successful, further applications of the scheme using the Wesupply software are envisaged, including supplier capacity monitoring and self-billing.
Wesupply's Solutions Consulting Group director, Andy Wood comments, "This project has been a tremendous example of the benefits that can be achieved with a solution that enables all the trading partners in the supply chain to work collaboratively to meet a common goal." The Wesupply project team is confident that this pilot implementation will derive the expected benefits. Request a free brochure from WeSupply.com ...
• WeSupply.com: contact details and other news
• Email this article to a colleague
• Register for the free Manufacturingtalk email newsletter
• Manufacturingtalk Home Page
Search the Pro-Talk network of sites
