Ultriva CEO Narayan Laksham Busts Lean Manufacturing Myths

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Laksham, panelist on "State of Lean Manufacturing" session at National Manufacturing Week, offers hands-on advice for companies considering deployment of technology-based lean systems

National Manufacturing Week

Narayan Laksham, founder and president of Ultriva, is participating as a panelist in a session on 'lean manufacturing' at this week's National Manufacturing Week trade show in Chicago. The session will be moderated by Gartner's Kenneth Brant and features several prominent thought leaders and Lean practitioners who will address critical issues in Lean thinking and Lean deployments. The session is aimed at manufacturers of all sizes that are considering implementing a Lean approach to their manufacturing and inventory management, and want to understand how a Lean system interfaces with ERP systems, the IT department, and the wider supply chain.

What, where & when:

Agenda:

  • Is Lean more or less relevant in today's business environment?
  • What are the gaps between Lean -- in theory and in common practices?
  • What has often gone wrong in Lean transformations and lessons can be learned?
  • Important differences and the complementary nature of Lean, Six Sigma and the "Toyota Way"
  • Kaizen is at the heart of Lean thinking; how can it be implemented in IT Systems? Should it be?
  • Is Lean "hostile" to IT? If not, where has IT contributed to successful efforts?
  • Is the ERP paradigm too rigid for Lean's change-oriented production system?
  • How do MRP II, and traditional approaches to accounting and HR functions, help or hurt Lean implementations?

Narayan Laksham will be joined by John Young, materials and supply chain leader at Trane, who is spearheading an end-to-end lean implementation and will discuss the lessons learned by this leading HVAC manufacturer as it gained visibility into its supply chain.
Links

  • Narayan Laksham's blog.
  • Ultriva Lean Supply 2-minute video demo.
  • Ultriva Lean Scheduling 2-minute video demo.
  • Lean manufacturing white paper.

Manufacturers can identify areas for improvement themselves with powerful online tool
The Lean Assessment Tool is now available online at ultriva.com. It assists materials management, supply chain replenishment, purchasing and operations professionals in their quest to streamline their manufacturing value chain. The Lean Assessment Tool lets users upload hundreds of parts histories and then graphically visualize their current replenishment patterns along with future potential opportunities. Ultriva's patent-pending consumption-driven replenishment algorithms allow users to perform 'what if' simulations in real time. The Lean Assessment Tool performs a comprehensive inventory sizing analysis and instantly identifies specific parts that can be optimized through inventory reduction. Users can then:

  • Look at potential savings by parts and by suppliers.
  • View the top 100 parts that offer the highest savings.
  • Conduct 'What If' analyses by interactively varying lot sizes, lead times and safety stocks.
  • Create reports and charts that can be exported and saved locally.
  • Share the analysis with team members and management.

About Ultriva
Ultriva Inc. develops software that drives lean processes across the supply chains, factory floors and demand chains of today's efficient manufacturing plants. Ultriva's flagship product, Ultriva Electronic Kanban, eliminates stock-outs while reducing inventory levels up to 75 percent. Ultriva Lean Scheduling complements demand-driven replenishment strategies by optimizing production schedules in real time around the most variable customer demand. Ultriva Supplier Replenishment extends the replenishment capabilities of Kanban to include schedule-based replenishment, discrete POs, min/max, consignment and VMI (vendor-managed inventory) replenishment methods. Ultriva's products are in use at over 100 plants worldwide, incorporating more than 4,000 suppliers, transacting more than one billion dollars of inventory and reducing manufacturing costs for industry leaders such as AGCO, Emerson, Ingersoll-Rand, McKesson, Rexnord, and Timken. ultriva.com

Contact
Tim Cox | ZingPR -- (650) 369-7784 -- tim @ zingpr.com

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