Proving the Business Case for the Internet of Things

Plex introduces supply chain planning suite

Steve Rogerson
May 3, 2016
 
Plex Systems has launched a suite of supply chain planning products aimed at helping manufacturers efficiently and effectively manage their business, all the way from sales and operations planning to production and distribution planning.
 
The capabilities provide visibility and control across multiple manufacturing facilities, warehouses, distribution centres and demand channels, supporting a comprehensive master production schedule (MPS). Added supply chain planning includes master scheduling, sales and operations planning, and distribution planning.
 
These capabilities tie directly into the company’s material and production requirements planning application, supporting manufacturing organisations from enterprise wide planning to plant floor execution.
 
Master scheduling helps organisations balance customer demand with available capacity to achieve a data-driven master production schedule, facilitating what, when and how much to produce. Key capabilities include: sales history-based forecasting, with a variety of best-fit forecasting algorithms; rough-cut capacity considerations and inventory safety stock models; and closed-loop manufacturing operations management with support for periodic adjustments.
 
Sales and operations planning lets organisations collect and leverage inputs from sales, marketing, engineering, operations and finance to assess and project demand and supply forecasts. Key capabilities include: workflow-driven, cross-functional planning; demand-pattern modelling of what-if scenarios and override options; enterprise-wide balancing of growth, cost, inventory and customer service; and support for level-loaded and demand-chase production strategies.
 
Distribution planning enables enterprise manufacturing organisations to optimise their MPS across a network of distribution and manufacturing facilities. Key capabilities include: distribution requirements planning; planned movement of inventory between locations; location-specific forecasting, safety stocks, costs, lead times and other planning parameters; and allocation of products to orders before safety stock and minimum order quantity requirements.
 
“Manufacturing organisations face unprecedented pressure to meet near instantaneous customer demand, while maintaining both quality and profit margins,” said Karl Ederle, group vice president of product management at Detroit-based Plex Systems. “This new suite of supply chain planning capabilities, tied directly into Plex’s proven manufacturing and ERP, provides a comprehensive platform for running a high performance, global manufacturing operation from proactive planning to efficient execution.”