Date Added: Jun 2009
The global nature of supply chains makes it difficult to accurately view, replenish, and move stock inventory. Many traditional systems rely on reorder point replenishment and large batch processing - without considering fluctuations in demand or variations in replenishment lead time. This causes stock outs or excess inventories that frustrate the customers, damage the corporate brand, and impact the bottom-line. The Balanced Flow system offers a new approach to manufacturing scheduling and inventory replenishment. It enables one to order, make, and move the right products at the right time - improving operational and supply chain efficiency. Balanced Flow replaces traditional replenishment practices with synchronised real-time, constraints-based ordering and scheduling, to maintain balanced inventories for each supply chain partner.