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Production Planning:12 wk pilot implementation
A solution to dynamically plan production to meet volatile demand patterns while minimizing cost of operations, inventory and maximize revenues.
Objective: Develop a production planning MVP solution that can determine an optimal schedule based on planned orders and factory constraints using OR techniques
Key Challenges Addressed:
How do we address your challenges: Tredence’s smart MPS optimization tool employs OR algorithms to optimize production planning and simulate scenarios to visualize impact on plan by changing planning parameters or planning objectives. This results in an increased revenue by reducing lost sales and lowered finished goods inventory by manufacturing the optimal quantity of products to meet the demand.
POC Outcome: A tactical MVP solution which can generate weekly production schedule and insights on cost metrics and asset Utilization associated with fulfilling the predicted demand.
Implementation Plan The break-up of the implementation plan is as below:
This implementation uses the following native Azure components: