Collaboration and visibility across multi-tier value chains on ⦃param⦄ network enables OEMs with the required control and confidence to balance the opportunities and risks of globalisation and outsourcing.
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OEMs can share their production plans with contract manufacturers and outsourced vendors, who further update them on the status of sourcing, production and dispatch. Such levels of collaboration provide complete visibility into end-to-end manufacturing processes and track costs at all stages to improve operational efficiency and reduce quality risks or delivery delays.
Share timely, accurate and uniform production plans among all stakeholders creating close synchronisation and enabling a smooth production process, thus increasing overall productivity.
Either side can respond quickly and systematically to fluctuations in demand, both in the event of an increase in demand as well as supply constraints due to material shortages.
Trace faulty batches and products from raw materials to sold goods for effective quality assurance and recalls. Locate items across multiple warehouses giving all teams access to live data.
Minimise delivery & quality risks through visibility into your job workers’ operations. Production issues are quickly identified & promptly addressed by taking countermeasures.
Track manufacturing costs based on your bill of materials (BOM) and production operations. Make precise pricing decisions based on your product margins.
Key metrics to evaluate your contract manufacturers on timeliness, compliance and correctness are available through the intelligent dashboard drawn from the knowledge graph
Craft precise and actionable production plans directly from Contract.This essential tool helps optimise resource allocation, minimize downtime, and maximize manufacturing efficiency.
Maintain real-time updates on production progress and dispatch status. This transparency enables quick decision-making, reducing delays, and enhancing overall operational agility
With pending dispatch visibility and real-time spend analysis, Enterprises can effectively track shipments and analyse cost data, optimising logistics operations and expenditure.
Track availability of required materials for efficient sales order fulfilment. Identify delay risks related to material supply lead times. Get accurate expected completion dates to keep sales teams informed. Have a live floor-level production status overview.
Gain real-time visibility to optimize all your key resources across the multi-tier manufacturing value chain. Make accurate manufacturing and purchasing decisions with live data. Ensure optimal inventory levels at all times. Prioritize production based on raw material availability. Get task-level control for effective shop floor management. Automate manufacturing cost calculations based on your bill of materials and operations.
Product offers a systematic way to establish interoperability between heterogeneous enterprises and build multi-enterprise workflow applications.
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