Primarily due to rapid development of technology in the past thirty years, the market structure throughout the world has changed considerably. Local markets have become accessible to foreign manufacturers, who are able to perform well in their newly established territories in part due to their superior application of technology. In this light, most companies, including small and medium size, have embedded globalization in their expansion strategies, consistently seeking for new markets abroad. Consequently, local manufacturing companies are facing global competition, forcing them to adopt new concepts with respect to people, process and technologies. This document describes these approaches to production planning in detail as well outlines a software solution. The software solution (Production/3) combines both pull and push techniques and enables small to medium size organizations to fully automate their production system while retaining their investment in their legacy enterprise resource planning (ERP) systems.
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space requirement Reduce purchasing costs Reduce inventory of both work in process and finished goods Keep component material at its lowest cost level Deliver Best in Class Value Build quality into the product Create a balanced work environment Production/3 system enables you to dramatically reduce production cycle times and inventory investment, while increasing product quality and throughput. It helps to increase customer service level, improve production efficiencies & effectiveness and asset