In our previous blog we discussed the added value IT in the wire & cable industry for Product Engineering and Quoting as well as for Sales and Invoicing . We will now explore how to improve business performance by investing in IT for Planning.
Planning in the wire & cable industry is a balancing act to maximize production efficiency while keeping inventory at an acceptable level. At the one hand the planner will try to create efficient production runs at the extruders and armoring machines by grouping production jobs and minimizing change-over losses in time and material. On the other hand, the planner will avoid to move jobs forward too much as this will increase the capital consumption in inventory of (semi-)finished products.