in The Forrester Wave™: Digital Operations Platforms For Manufacturing Businesses, Q3 2020.
Gain higher forecast accuracy and meet customer expectations with reliable delivery dates based on current resources and capacity.
Plex empowers you to manage the business against volatile market and customer demands, providing forecasts based on your current state of inventory, future commitments, and what-if scenarios. Top-down and bottoms-up forecasting helps you improve accuracy. You can ensure stability in your supply chain, minimizing inefficient knee-jerk reactions and preventing increasing working capital tied in inventory.
Plex enables you to calculate a realistic plan with capable-to-promise functionality. You can develop a master schedule using rough-cut capacity planning to incorporate available resources. Run “what-if” scenarios without impacting the production system.
Proactively plan for the future to identify potential new business opportunities, help gain market share, or identify end of life for current products to avoid waste. The Market Forecast Manager helps you plan accurately with the least effort by supplementing your forecasts with up-to-date data sources, including IHS Markit’s Light Vehicle Forecast, as well as your defined projections. The product further reduces risk by automating data exchange in a single source solution.
Optimize your master production schedule (MPS) across a network of warehouses, manufacturing facilities and distribution centers. Avoid stock-out situations by measuring inventory stocking levels by location in real time.
With Plex, you can address short term supply constraints. For example, you can allocate products to customer orders before safety stock is used or you hit a minimum order requirement quantity threshold.
Improve material, production, and resource allocation by calculating key metrics for order performance, including days late, percent on time, and average order replenishment. Drive maximum production yield from of your fixed assets by measuring utilization rate. Increase fulfillment rate and avoid stock outs by integrating demand forecast with detail planning.
"We knew we’d be able to get through a launch quickly without a lot of up-front investment.”
IT Director, Fluid Routing SolutionsLearn More
""Having quality deeply embedded into every production activity is transforming our organization. With Plex, quality checks are now completed at every stage, and the detail is exceptional."
Senior Manager, Lean Systems, AAMLearn More
“Everyone in the supply chain has better information for an improved process.”
Senior Staff Engineer, Newman TechnologyLearn More