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Videocast: Reducing Manufacturing Costs through Parts Consumption Analytics

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Broadcast Details

 

Videocast: Reducing Costs through Automated Inventory Replenishment & Analytics

 

How Motor City Industrial Taps into Data Visualization to Help Customers Identify Waste, Reduce Inventory

 



Date: Tuesday, February 27th, 2018

Time: 11:30am EST, 10:30am CST, 9:30am MST, and 8:30am PST





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Abstract:

With fierce competition locally and globally, manufacturers and their distributors are constantly looking for ways to reduce operating costs and drive continuous improvement.

 

Motor City Industrial, a distributor of fasteners and other assembly components, has created a way to deliver significant cost reductions to its customers - and highly differentiate itself from competitors.

 

The foundation of Motor City's Crib Boss solution includes a self-serve, automated smart bin solution; advanced analytics and data visualization to show parts consumption by SKU across a production floor. This makes it quick and easy for customers to identify waste and unnecessary, duplicate SKUs.

 

The bottom line: while manufacturers know in detail what they've purchased and how much it cost, they don't typically have insight into how those parts and supplies are actually being consumed.

 

Motor City says with this approach and technology - which relies heavily on Lean principles - average parts consumption is reduced by 20%. And that's just the start of the benefits.

 

Motor City partnered with self-serve, automation solutions provider Apex Supply Chain Technologies to help develop its cool new solution - which leverages Apex's Trajectory Cloud™ data to fuel these analytic insights.

 

It's a great story manufacturers and distributors will want to hear.

 

 

 


Register and you'll also learn:


      The opportunities for cost reductions through self-serve, automated smart bins;

      • How analytics and data visualization can be leveraged to significantly improve operations;

      How Motor City Industrial is changing the game in distribution through the use of technology and data.





What if I can't attend on this date?


An archived version will be available soon after broadcast.

Register now even if you can't attend the live date to receive an email with the on-demand link.



Speakers:

 


 

Dan Gilmore

Editor
Supply Chain Digest


     

Joseph Stephens

CEO

Motor City Industrial


 
     

 

Jay Fielder

Supply Chain Technology Manager
Motor City Industrial



 

 

 

Mike Wills

 

Chief Revenue Officer

Apex Supply Chain Technologies

 
     
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