As high-tech OEMs seek to outsource more and more manufacturing operations, they find themselves dealing with multiple trading partners who may all use varying ERP systems to keep track of data. As a result, some 60% of these OEMs still rely on complex spreadsheets to keep track of inventory and other key data, making it difficult to accurately estimate the inventory levels required to deliver product to customers on time. Intelligent Operations Management removes this need.
The Visibility Dilemma
There are challenges inherent in getting accurate data live throughout the supply chain. The OEM has difficulty getting visibility into inventory at the contract manufacturers with which it does business. The manufacturers can’t adequately assess inventory levels at component suppliers. The component suppliers, meanwhile, can’t see upstream to assess what demand will be from the OEM and the manufacturers. Without access to all that information, the OEM can’t assess which manufacturer can complete its order on time.
Now imagine a solution that allows each player in that supply chain to peer into each other’s systems. The component suppliers see the OEM has a large order in the pipeline that will need to be filled next month and stocks up accordingly. The contract manufacturer likewise gets prepped to begin churning out the order. When the order is booked, the OEM takes a look to see which of its manufacturers are ready to fulfill it and places the order accordingly. The product is delivered before the books are closed on the quarter.
The Serus Solution
The Serus Lean Operations solution offers just that kind of visibility for OEMs, contract manufacturers and component suppliers. The information integration technology used is built into the Serus Platform, which can be configured to connect systems at the OEM, manufacturer and supplier levels, providing visibility into two key components:
The solution also analyzes customer service levels and lead times to accurately assess optimal inventory positions, reorder points and safety stock levels. It includes an automated triggering of a buy signal to component suppliers, who can accurately determine when they need to ship components to manufacturers.
The Serus Lean Operations solution comprises of the following capabilities:
Benefits Up and Down the Chain
In short, the Serus Lean Operations platform provides OEMs with reduced inventory liability and lead times while contract manufacturers see improved margins and on-time delivery rates. Component suppliers gain increased visibility into demand and reduced inventory costs.
All parties benefit from the Serus Ecosystem, which already includes many of the leading OEMs, contract manufacturers and suppliers in the high-tech industry. Serus has already done the work to connect these suppliers to one another, so you don’t have to.
The Serus Lean Operations solution is available on a subscription basis or as a managed service.