Smarter Materials Purchasing based on Visibility to the Shop Floor
On-demand Web Seminar
Profitability in manufacturing often hinges on the ability to be flexible, to quickly react to changing conditions. This includes components. Smart materials purchasing will increase flexibility by reducing buffer stocks and optimizing inventory levels based on actual consumption data as it happens. In addition it is critical to get maximum use out of alternate parts from the Approved Vendor List, and lock down critical use parameters such as pin contact area, component body dimensions to equivalent values for each manufacturer part number approved for use. And finally, professional buyers need to know when specific part numbers and date codes from their supplies, are responsible for yield loss. Accurately tracing manufacture dates codes to component failures on the shop floor and in the field is the best way to hold suppliers accountable for the quality of their products. This is information that buyers can use to leverage better purchasing contracts and make significant contributions to the success and profitability of the manufacturing operation.
Visibility to the material transactions on the shop floor is essential to enable smart purchasing, but unfortunately often unavailable from the day to day perspective of material buyers. Smart software creates visibility of the real-time usage of materials as they are kitted and moved from stores to the line, consumed as good placements and as dropped (scrapped) parts, and eventually unused parts remaining on a reel are returned-to-stock with accurate counts maintained for each individual reel. The net result is the automated maintenance of an accurate inventory of part numbers reel by reel, both in stock and in use on the shop floor. There is no doubt that if every time a material operator went to find a reel it was in the correct location(s) and contained the correct PN and quantity, then material managers could allow stock levels to be reduced. Buffer stock would no longer be needed.
What You Will Learn
In this webinar you will learn how professional buyers can benefit from new software technology for process planning and manufacturing operations management.
- Maintaining an accurate inventory means reducing buffer stock and increasing flexibility
- Maximizing the use of alternate parts without risk to the manufacturing process
- Improving vendor performance by tracing vendor lots codes to yield loss due to component failures
About the Presenter
Bruce A. Isbell
Sr. Strategic Marketing Manager, Valor LTD.
Mr. Isbell has worked “hands on” in the electronics manufacturing industry for 30 years. His experience on the shop floor as a process engineer spans across low volume complex boards for the military at Texas Instruments, to very high volume boards for telecommunications at Motorola. For the past 12 years Mr. Isbell has utilized his manufacturing experience to refocus his career to help others achieve high productivity by providing software solutions to electronics manufacturers. Mr. Isbell joined Valor in 2000 and is now the Sr. Strategic Marketing Manager on the corporate marketing team.
Who Should View
This webinar will benefit everyone involved in supply chain management, shop floor operations management and process planning for the assembly of printed circuits including their higher level assemblies:
- Professional buyers
- Shop floor managers
- Production managers
- Materials managers
- Quality managers
- Process engineers
This webinar goes through each of these constraints and shows how one simple tool can successfully being all of these elements together in an agile automated planning process specifically designed to accommodate...…View On-demand Web Seminar
This webinar will look specifically at the role of an advanced intelligent repair work-station as part of the integrated quality system. We will discuss how to realize and reduced the cost of repair,...…View On-demand Web Seminar
RH Technologies is a global contract manufacturer serving the electronics markets for industrial, communications, aerospace, defense and medical equipment. When they needed a complete end-to-end solution...…View Testimonial
Other Related Resources
White Paper: The Valor Information Highway…View White Paper
White Paper: Valor MSS suite of solutions for electronics manufacturing has direct application for improving the competitive posture of manufactures of automotive systems. This white paper will illustrate a few of the...…View White Paper
White Paper: Business Intelligence (BI) is a current hot topic among managers at all levels in electronics manufacturing. Intelligence in business — sounds like a 'must have'; who wouldn't want it? And it's never...…View White Paper