Ultriva Lean Suite 7.0 Optimizes the Kanban Loop Announced at User’s Conference

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Ultriva Lean Suite 7.0 Optimizes the Kanban Loop Announced at User’s Conference

Published on: June 11th, 2010 12:24am by: trcutler

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(OPENPRESS) June 11, 2010 -- Narayan Laksham, CEO of Ultriva, (www.ultriva.com) announced the optimized kanban loop benefits of the Ultriva Lean Suite 7.0 at the 2010 User’s Conference on May 12 – 13. Ultriva is leading the way toward more efficient lean business practices with a practical, automated approach. The company is focused on helping businesses improve collaboration and drive streamlined processes through demand and supply—removing the traditional tiers that can slow down operations.

Ultriva Lean Suite 7.0:

• Enhanced enterprise wide search feature
• Ability to export data from any grid with 1click
• More analysis tools to support supplier performance and improvement efforts
• Overall Equipment Effectiveness module to capture, analyze and improve operations at the machine and operation level
• Added master label capability to perform shipment or receipt transaction for a group of kanban labels
•Added Run Line Residence Time capability to Kanban sizing

Optimizing the Kanban Loop for Constraint-based Supply
• The Solution – Introduce Run Line Residence Time (RLT)
• RLT – The estimated number of days to consume the minimum order quantity, or Run Line cards – Include RLT in Kanban formula
• By adding RLT to the standard formula, the number of cards required increases to include the Run Line quantity plus the number of cards required to cover Lead Time.
• Add Safety Time based on confidence in Average Daily Usage and Supplier delivery performance

Ultriva’s Lean Execution Suite consists of modules like Customer Kanban, Supplier Kanban, Internal Kanban, SBR, Lean Production and OEE, which allow manufacturing companies to systemize, sustain, and scale lean disciplines across the organization. Ultriva's flagship product, Collaborative Electronic Kanban, eliminates stock-outs while reducing inventory levels up to 75%. Ultriva modules are in use in more than 130 plants worldwide, incorporating more than 5,000 suppliers, transacting over 1.5 billion dollars of inventory at industry leaders such as AGCO, CNH, Emerson, IR-Trane, McKesson, Rexnord, and ThermoFisher.

Ultriva
www.ultriva.com
Cindy McGowan
pr@ultriva.com
408.248.9803