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Ultriva Enhances Features in New Version 7.7

  
  
  
Ultriva 7.7

Ultriva is pleased to announce an update to the company’s supply chain execution software. Ultriva is now offering version 7.7, which includes many enhancements and some new features. I am happy to report that most of the new features were driven by our customer requests.  Ultriva has its roots in promoting lean manufacturing, and is a pioneer of End-to-End Pull (E2E) throughout a supply chain.  This new release adds features and enhancements that keep improving manufacturing productivity and profitability.  

Confined to the Factory Floor: an Unacceptable Constraint in the Global Supply Chain

  
  
  
Ultriva Closed Loop Process

ERP (enterprise resource planning) systems provide built-in work flows to control different tasks within an organization. For years that was sufficient as many manufacturers operated a single plant within four walls with a finite number of suppliers. Confined to the factory floor is a constraint that renders many technology solutions impotent in a global supply chain.

Exception Driven Management Rare in Demand Driven Technology Solutions

  
  
  
Ultriva alerts

Recently there has been a wave of newcomers to technology solutions providers claiming to know and understand demand driven supply chain solutions.  Some are renamed companies, as if putting a fresh coat of paint on the old technology addressed real issues.  Many of these new (or newly disguised) solutions have significant limitations, functioning predominantly within the four walls of a manufacturing plant or with scheduling as the primary foundation of their technology.

The Five Components of Demand Driven MRP

  
  
  
Ultriva DDMRP

Chad Smith is the co-author of the third edition of Orlicky’s Material Requirements Planning 3/E (Ptak and Smith, McGraw-Hill, 2011) and the co-author of Demand Driven Performance – Using Smart Metrics (Smith and Smith, McGraw-Hill, 2013). He is a co-founder and Partner at the Demand Driven Institute, an organization dedicated to proliferating demand driven methods globally.  Smith serves as the Program Director of the International Supply Chain Education Alliance’s Certified Demand Driven Planner (CDDP) Program.  Clients, past and present, include Unilever, LeTourneau Technologies, Boeing, Intel, Erickson Air-Crane, Siemens, IBM, The Charles Machine Works (Ditch Witch) and Oregon Freeze Dry.  Chad is also a certified expert in all disciplines of the Theory of Constraints studying directly under the tutelage of the late Dr. Eli Goldratt. 

Inventory Velocity in Consumer Packaged Goods Environment

  
  
  
CPG

Living in a world of speed, immediate accessibility, and instant gratification, consumer packaged goods (CPG) manufacturers have to procure raw materials, build components, assemble finished goods and physically ship them across the world. Challenged with shorter lead times and exploding finished goods SKUs, selling goods and procuring materials globally increase pressure to do more with less.

Ultriva Content Featured on Supply Chain Brief Website

  
  
  
Supply Chain Brief

Supply Chain Brief, an aggregate website for supply chain content officially launched today, Thursday, August 14. The website is a combined effort with The Logistics and Supply Chain Management Society and The Logistics of Logistics blog. The creators have started a supply chain community to encourage sharing of best practices as well as provide a forum for thought leadership.

Demand Driven MRP Focus of Consumption-Based Replenishment Event

  
  
  
ddi logo

Last Tuesday, August 5, 2014 Chad Smith, a Supply Chain expert and co-founder of the Demand Driven Institute presented a webinar about consumption-based replenishment.

Smith argued that forecast error is on the rise and that supply chain complexity and volatility are increasing; he also noted that legacy planning tactics and tools are breaking down.  Co-hosted with Narayan Laksham, founder of Ultriva, Smith noted during the webinar, “Worldwide there are more complex planning and supply scenarios than ever – the past is NOT a predictor for the future.”

Omnichannel and Supply Chain Optimization

  
  
  
Shop omnichannel

Omnichannel has become the buzzword of the moment for retail supply chains. 

Recently, four hundred retail CEOs were surveyed by PwC, for a study commissioned by JDA Software. The survey is titled “Retail’s New Imperative: Supply Chain Optimization as a Growth Strategy.” The study revealed a large number of these retail CEOs reporting that their supply chains were not optimized to support the new omnichannel. 

Reducing Supply Chain Costs Starts With Supply Chain Visibility

  
  
  
supply chain visibility words

Everyone in the manufacturing industry wants to reduce inventory costs; easier said than done and there is no magic bullet. Simultaneously there is little appetite for inventory reduction solutions with a big price tag. The closest any manufacturer can get to the magic is supply chain visibility.

Eliminating Excess Warehouse Inventory Through Right Sizing Demand Driven Production

  
  
  
Warehouse Inventory

Warehouse’s inventory at an all-time high, choosing a location for storage is tougher than ever. Demand for space is causing prices to go up, and manufacturers want to make sure they are still getting top notch service, especially when expenditures are higher than previous levels.  DC Velocity reported U.S. warehousing costs spiked in 2013 as retailers, incented by low interest rates and inventory carrying

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