Need for continuous improvement and adaptation to technological advancements.
Managing numerous suppliers for various components increases risk of delays and inefficiencies.
Frequent updates and releases require agile inventory and order management.
Solutions like SAP Integrated Business Planning (IBP) for demand and inventory management.
Connecting various systems, including ERP, PLM (Product Lifecycle Management), and supplier portals.
Using Google AI Platform for building and deploying predictive models.
Using Google Data Studio to create real-time dashboards for monitoring KPIs.
Improved collaboration with suppliers and manufacturers for timely components.
Quicker adjustments to production schedules based on accurate demand signals.
Faster time to market for new products, enhancing competitive advantage.
More efficient inventory management, resulting in reduced holding costs.
Due to timely delivery and high product availability.