Is your technology stack set up for today’s manufacturing challenges?
Digital transformation is accelerating in manufacturing with several new technologies transforming the industry from the inside out. The Internet of Things (IoT), robotics, artificial intelligence and edge computing are all disrupting how things are done. Here at Cubewise, we can help you leverage the power of IBM Planning Analytics / TM1 to transform your data analytics capabilities to deal with huge volumes of data and take advantage of exciting new developments in tech.
Common challenges
Supply chain disruptions
Modern manufacturers face a plethora of supply chain disruptions brought on by uncertainty, decentralized operations and unfavorable macro-economic factors.
Increased uncertainty
The COVID-19 pandemic, rising global inflation and logistical congestion has created a large increase in uncertainty within global supply chains. This necessitates nuanced planning processes that can manage these factors and still maintain profitability and operational reliability.
Slow inventory replenishment
Uncertainty in supply chain management has led to a scarcity of raw materials and caused supplier deliveries to be delayed. These factors are forcing manufacturers to think differently about their operations in the quest to remain relevant.
Rapid demand sensing
Cubewise and IBM Planning Analytics / TM1 offers a state-of-the-art solution that helps you respond quickly to sudden increases in demand or supply delays. By pulling all your key data into one place you can make decisions that can guide you through uncertainty and harness your organization’s inherent complexity.
Decentralization
Complex geopolitical considerations are forcing businesses to bring their manufacturing hubs closer to customers so they can be less reliant on global supply chains.
Operational complexity
Having multiple manufacturing locations spread across the world introduces operational complexities that must be managed. Capacity, staff, supplies and much more must be highly flexible and adaptable as circumstances change. If that doesn’t happen, complexity can harm the overall quality of the manufactured product and diminish the customer service deployed in its delivery.
Sub-optimal planning
Global manufacturing processes that are limited to local production schedules are vulnerable to informational silos being created. Failure to manage this can result in suboptimal planning outcomes that can slow growth and impact margins across the business.
Transparent and holistic planning
Cubewise and IBM Planning Analytics / TM1 can help you build an integrated platform that facilitates global collaboration, regardless of your manufacturing complexity. Our unified planning methodology enables you to make highly optimized, holistic decisions that can take your operations to the next level.
On-demand manufacturing
Manufacturing timelines are shortening and on-demand operations are becoming more commonplace.
Customised manufacturing
The industry is moving from a product-design-oriented outlook to a user-experience-focused economy. Customers are increasingly seeking customized manufacturing solutions with lower volumes and more variety. This requires a unique technology solution that can harness complexity without degrading quality.
More frequent planning cycles
Small batches of diverse and custom products require fast-moving production timelines that are adaptable to changing circumstances. This increases supply chain planning complexity, something that must be effectively managed to maintain profitability.
Unified planning
Cubewise and IBM Planning Analytics / TM1 can help you create streamlined processes for more accurate and efficient production planning. Combine this with our unified planning framework and you can transform your real-time data insights into strategic directives that push your company forward.
Infinite flexibility, game-changing collaboration
Many organizations rely on spreadsheets and manual processes to deal with mission critical planning tasks. With IBM Planning Analytics / TM1, it’s easy to create streamlined forecast and manufacturing planning processes quickly using one integrated platform. Cubewise can help you create this single source of truth and plan with more precision and accuracy over the long term.
Talk to us today and let’s overcome the challenge together.
When a system is unable to adapt and adjust to changing business circumstances, it can become a tremendous source of pain and frustration for all those who work with it. Things must go on, of course, and so users will resort to building tedious workarounds, simplifications, and shortcuts that only serve to kick the can down the road. Instead of dealing with the root cause of the problem, it creates a more complicated mess for the people who eventually take over those processes and workflows.
