Laboratory Equipment Manufacturing
This Laboratory Equipment Manufacturing Company (LEM) designs, manufactures and sells scientific equipment and instruments to customers worldwide. It has approximately 39,000 employees globally.
CUSTOMER PROFILE
This Laboratory Equipment Manufacturing Company (LEM) designs, manufactures and sells scientific equipment and instruments to customers worldwide. It has approximately 39,000 employees globally.
THE CHALLENGE
LEM had been slowly implementing Electronic Kanban on their own but had outgrown the ability to continue with their existing system. Parts were not easily scalable when a forecast shifted. In addition, LEM was looking to increase the amount of participation from their supply base and also to streamline their processes through integration into their ERP environment.
OUR SOLUTION
LEM selected Ultriva’s Lean Suite featuring the Collaborative Supply Portal with Electronic Kanban. Using the Collaborative Supply Portal, communication to the supply base could now include both Kanban and MRP driven parts. The Ultriva Lean Suite also integrated easily with their existing ERP. The entire integration project took just four weeks.
THE RESULTS
Since Ultriva’s Supply Portal is web-based and simple to use, LEM is now proactively communicating with many more suppliers and has a goal to have 90% supplier adoption utilizing the Ultriva portal.
The successful implementation of Ultriva resulted in the following benefits for LEM:
- Reduced the value of inventory by 21%
- Increased Inventory turns by over 27%
- Reduced customer lead times by over 25%
- Gained the ability to collaboratively communicate new orders, order changes, forecast and receipts
