According to Synchrono, the leader in Demand-Driven Manufacturing Software, there is only one measurement that is important to drive performance: Throughput. There are two subordinate measurements: Inventory and Operating Expense. These three measurements cover the gambit of what needs to be measured because they are directly related to customer orders, cash captured inside the organization, and the cash it takes to turn inventory into sales.
Demand-driven managers know that having too many metrics leads to conflicting measurements. From a Demand-Driven Manufacturing operations perspective, pay strict attention to strategic control points for improving Throughput. These control points are Metrics for Action.
Metrics for Action are not intended for overall business analysis or for simply reporting. Rather, they are metrics grounded in Lean Manufacturing, Constraints Management, and Six Sigma principles that serve as operational indicators that can be acted on to improve production flow and ultimately, Throughput.
Demand-Driven Manufacturers monitoring Metrics for Action have an advantage. The goal of this concise set of actionable metrics is to provide real clarity around the elements that drive flow – and to quickly adjust to improve organizational excellence and enhance demand-driven results.
To read more, go to: http://bit.ly/2oBjDAA
Synchrono will sponsor and exhibit at the upcoming IndustryWeek Manufacturing & Technology Conference & Expo from May 8-10 in Cleveland, OH. Synchrono will be at booth 424.
Synchrono (www.synchrono.com) demand-driven manufacturing software synchronizes complex manufacturing environments in real-time, to drive business results. For almost twenty years, Synchrono systems have helped discrete manufacturers, engineer-to-order manufacturers, and others manage constraints, improve flow and drive on-time production.
When integrated under the Synchrono Demand-Driven Manufacturing Platform, lean and demand-driven initiatives achieve new levels of excellence, transforming businesses by synchronizing people, processes, machines, materials, and data to drive production flow from order inception to delivery.
The award winning Synchrono Demand-Driven Manufacturing Platform offers five system components, including a planning, scheduling, and production management system and ekanban software for real-time inventory replenishment and supply chain collaboration. The Synchrono Platform has a unique a data collection, historian, and automated workflow engine along with an application that generates automatic alerts, escalation and action plans to minimize disruptions. Perhaps most importantly, this technology platform also includes a real-time visual factory information system. Everyone at every level of a manufacturing organization has access to one version of the truth with a dynamic view of what is happening at every stage of the manufacturing process; from order inception through production and delivery.
Synchrono systems allow for the simultaneous exchange of data across systems and resources, the ability to respond to constraints and changes in demand as they occur, and to predict, pre-empt, and prioritize issues. The Platform components may be implemented independently or collectively to enable the Industrial Internet of Things (IIoT), providing an unprecedented foundation for communication, collaboration, and continuous improvement.
Synchrono delivers a competitive edge. Follow the Demand-Driven Matters blog at www.synchrono.com/blog and follow Synchrono on Twitter at @Synchrono_News.
Company Name: Synchrono
Contact Person: Pam Bednar
Address:287 East 6th Street, Suite 5
City: St. Paul
Country: United States