Manufacturing

External Supply and Contract Manufacturing Challenges

External Supply, Materials Management, Contract Manufacturing and Contract Packaging leaders are under increasing pressure to improve their performance and scale their operations. While each of these leaders strives to optimize their operations, each of them is dependent on information and integration with the other for their success. Unfortunately they are staring into black holes when trying to predict the supply and demand. With continued pressure to reduce COGS and improve agility to respond to customer demand, the heat is on global manufacturing leaders to do it better, faster, cheaper while producing products that are ever more personalized.

In this environment, you need answers and you need them now. How do we reduce cycle time? Are we delivering materials and receiving finished goods on-time? Is the quality right first time? What are our inventory levels and production capacity?

TraceLink meets the challenges faced by External Supply, Contract Manufacturing, Contract Packaging and Material Management leaders

• Drive Right-First-Time predictability and scalability of outsourced manufacturing production. Leverage cross-partner and cross-site visibility into production status to improve decision-making, improve information sharing between internal and external work teams, and empower contract partners to help drive process improvements through improved sharing of forecasts, process artifacts and milestones.
• Speed product delivery and reduce operational cost throughout the production lifecycle. Reduce purchase order negotiation time, take delays out of the manufacturing process and cash-to-cash cycle, ensure materials are available as needed and eliminate manual labor in production status and operational reporting.
• Monitor and assess performance in order to optimize operational performance against KPIs. Improve current execution and enhance long-term planning by gaining better insight of organizational effectiveness on KPIs across all the partner relationships. Drill into performance analysis of individual production runs.
• Maximize production capacity and lower inventory levels. Leverage improved insight in order to minimize cycle times and production delays. Optimize production schedules and improve synchronization with customers and suppliers to drive down safety stock buffers.

Next steps

• Try It Yourself.  In minutes, launch a no obligation FREE TRIAL of our Predictable Supply Suite. Create your own Process Link collaborative team workspace, invite and quickly connect to virtual team members, then experience a new world of production visibility and tracking across your contract manufacturing operations!
• Demo Production Tracking.  Request a guided PERSONAL DEMO of our Production Tracking and ProcessLink solutions. On your schedule, one of our team members will take you through our solution.

Explore More

• Discover Production Tracking.  Find out how the TraceLink Production Tracking solution can give you visibility and control throughout the entire contract manufacturing lifecycle. Go Production Tracking
• Experience ProcessLink.  Review TraceLink's innovative approach to connecting you and your internal contract manufacturing teams to your partners both fast and flexibly. Go ProcessLink