7/5/21 12:00 AM
In the last decade, the manufacturing industry has been dealing with the rising impact of demand volatility. As its name suggests, demand volatility is defined by a variation in demand for products that include rapidly changing and unpredictable demand. There are multiple reasons why demand is becoming more and more volatile. That is because customers’ expectations have changed. They now expect companies to provide a wider variety of products at low costs. And they want it now.
In the last 16 months, the COVID-19 pandemic has highlighted the effects of uncontrollable world events on product demand. Some companies have struggled to meet the rapidly increasing demand, while others were left with excess inventory as demands for non-essential items plummeted. Companies that produce cleaning supplies and disinfectants labored under the strain of high demands. Now with schools re-opening in various parts of the country and the world, the demand is likely to keep increasing.
Situations like this remind us that manufacturing companies must be able to quickly adapt to the market’s demands. When the demand is not met, they risk losing their competitive advantage in the market and may see future sales dwindling.
PlanetTogether’s Advanced Planning and Scheduling (APS) Software is a tool that can benefit planners and schedulers in quickly adapting to their industry’s volatile demand environment. Meeting customer demand will ensure the well-being of the company and can increase sales while lowering costs and lead time to satisfy those demands.
With PlanetTogether APS, we can see if our paint department will be swamped next Tuesday and bring in more staff to meet the need.
DICK MARX, MATERIALS MANAGER, KNAPHEIDE TRUCK EQUIPMENT
Advanced Planning and Scheduling Softwares have become a must for modern-day manufacturing operations as customer demand for increased product assortment, fast delivery, and downward cost pressures become prevalent. These systems help planners save time while providing greater agility in updating ever-changing priorities, production schedules, and inventory plans. APS Systems can be quickly integrated with an ERP/MRP software to fill the gaps where these systems lack planning and scheduling flexibility, accuracy, and efficiency.
With APS you can:
The implementation of an Advanced Planning and Scheduling (APS) Software will take your manufacturing operations to the next level of production efficiency by taking advantage of the operational data you already possess in your ERP system.