Last issue we focused on alignment of manufacturing output to customer demand and alterations in manufacturing architecture. To achieve bottom-line improvement; a small to medium manufacturing enterprise (SME) must have a good information system and excellent planning. The customer driven readiness techniques that we focused on are approachable changes that can be implemented with training and empowered employees. At the World Expo last month there were several presentations and panel discussions on manufacturing organization and strategy.
This month we will explore some forecasting techniques for remanufacturers that will use some of your company’s internal data to understand product lifecycle and then approximate cartridge total cost over the life cycle. The validity of any forecasting model that you create for your business is dependent upon the knowledge bank you have sown. Continuing from the “customer relationship” management model from September’s issue we need to describe a practical solution for manufacturing at a high velocity, high efficiency, and higher profit.
There are many software applications available to support manufacturing managers understanding of their en
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The last few months we have discussed business strategy and plans that try to develop sustainable competitive advantages for the long term. Many of these discussions include enterprise software and applications that are TOOLS for your business. The key to using these software tools is your manufacturing people. The human knowledge base that inputs data and makes informed decisions is the most vital part of your plan for success.
The adjacent chart (figure 1) is from Sept. The kernel that drives the manufacturing turbine is the cluster of activities from the readiness plan. Forecasting is the foundation