InventiX PlanIT Description
Today's manufacturing landscape is fiercely competitive and requires a strong focus on cost efficiency. Achieving both efficiency and cost-effectiveness hinges on the ability to be both lean and agile. To this end, organizations are increasingly turning to extended enterprise applications such as real-time production monitoring and finite capacity planning and scheduling, which have become essential. By integrating real-time monitoring of shop floor activities with a flexible production planning and scheduling tool, companies can enhance capacity utilization by 15% while simultaneously cutting work in progress inventories by 22%. These types of technological implementations can free up one-third of the total cash tied up in production and inventory. For instance, one of India's prominent leather goods exporters to the USA and Europe has adopted PlanIT for their production planning needs. With the capability to efficiently plan and organize work orders, the client is on track to establish 18 new factories and increase subcontracting facilities by 40%. Additionally, they have explored various potential scenarios using PlanIT, further enhancing their strategic planning capabilities. This comprehensive approach not only streamlines operations but also positions them favorably in the competitive market.
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