How does this affect me?
The Planning Optimization engine enhances supply chain agility and responsiveness by generating fast, accurate supply plans that reduce costs and improve service levels. With this feature, it will now support the following business processes:
- Lean manufacturing: A production philosophy that maximizes value for customers while minimizing waste. It comes from the Toyota production system and focuses on continuous improvement and operational efficiency.
- Catch weight: A pricing and measurement system used mainly in the food industry. Products are sold based on their actual weight instead of a predetermined fixed weight. This system is important for items that naturally vary in size and weight, such as meat, seafood, and fresh produce.
- Step consumption: Manages material consumption to accommodate non-linear consumption rates that are based on production quantities.
This message is for awareness, and no action is required.
If you would like more information on this feature, please visit Implement lean manufacturing, catch weight, and step consumption.