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Planning

How can you plan, evaluate, and forecast without data? Customers are always looking for a way to collect more data to improve the forecasting and planning process.

We’ve heard many manufacturers say that automated data capture allows them to better schedule tomorrow, or even next shift, because they know what they produced this shift in real time. No more waiting until the Wednesday 9AM meeting to know what you produced on Monday.

Additionally, having data about past production times and output helps improve lead time forecasting, balance line output, and the sync the ordering of materials with production needs.

We’ve also had customers describe the benefits of finally understanding how a changing labor force impacts production time. Having data allows you to understand employee output or average headcount needs for a particular product.

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Benefits

Companies that implemented tracking systems have experienced significant improvements to manufacturing efficiency

  • Reduction in labor costs up to $6.7B1
  • Increase in warehouse productivity up to 40% 2
  • Savings up to $300MM via improved warehouse and distribution tracking3

Tracking systems foster quick leveraging of your ERP system

  • Companies with RFID systems have had returns on their investments in as low as 9 months4

Typical Equipment Used

Business Problems This Can Help Solve

  • How can I get better data about what is in stock so I order more efficiently?
  • How do I get data to improve MRP?
  • How do I get accurate cost data to help with pricing decisions?
  • How do I get accurate data to better estimate lead times?
  • How can I get accurate inventory data to compare with sales forecasts to improve production scheduling?
  • How can I match actual production output vs plan on a real-time basis?

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References

solving problems