Leading Trade Publication's Webcast with Executives from Emerson and Ultriva Demonstrates Industry's Interest in "Lean" Execution.Almost 1,000 Live Listeners Makes the Event One of IndustryWeek's Most Viewed Events in the Last 12 Months CUPERTINO, Calif. -- Ultriva Inc., the world leader in lean manufacturing Lean manufacturing is the production of goods using less of everything compared to mass production: less human effort, less manufacturing space, less investment in tools, and less engineering time to develop a new product. software, today announced that IndustryWeek's recent webcast "Emerson Lean: From Strategy to Execution" was one of the publication's most popular events of the past year. The publication, which connects decision-makers within manufacturing enterprises to share ideas and tools that inspire action, reported that more than 1,600 persons registered for the webcast and 977 attended it. The numbers topped all but two of the more than 40 webcasts IndustryWeek (IW) hosted during the past year. In addition, Ray Keefe from Emerson received the highest presenter rating ever recorded since IW began tracking this metric." The event featured Ray Keefe, Vice President of Manufacturing from Emerson, who spoke about how Emerson builds its Lean strategies around key business objectives, such as return on total capital and on-time delivery performance. Emerson (NYSE NYSE See: New York Stock Exchange : EMR (ElectroMagnetic Radiation) The emanation of energy from everything in the universe. Although the EMR from electrical and electronic devices is typically measured for practical, every-day situations, every object, including humans, emanates energy. ) is a diversified global technology company that provides products and services for a wide range of industries, commercial markets and end-users, including consumers. Recognized widely for its engineering capabilities and outstanding management process, Emerson has more than 115,000 employees and 275 manufacturing locations worldwide. Keefe talked about the impact Electronic Kanban Electronic Kanban (sometimes referred to as eKanban[1]) is a signaling system that utilizes a mix of technology to trigger the movement of materials within a manufacturing or production facility. has had on Emerson's business and gave examples of how this modern technology can change business. Keefe showed examples of the results Emerson has generated in the company's power supplies, controls and valves businesses. In one case, raw material inventory turns were increased 75%, in another supplier lead times were reduced 26% and in the third supplier on-time delivery performance improved 15% while non-Kanban supplier's performance decreased 9%. Emerson is currently using Ultriva's Electronic Kanban software in 22 of its plants in 7 countries and plans on rapidly increasing its usage of Electronic Kanban with another 15 plants set to deploy in the near future. The second presenter at the webcast was Ashley Stirrup stirrup, foot support for the rider of a horse in mounting and while riding. It is a ring with a horizontal bar to receive the foot and is attached by a strap to the saddle. , Chief Executive Officer of Ultriva. Stirrup added the key lessons Ultriva has learned during its seven years of providing Electronic Kanban tools to major manufacturers such as Emerson. Stirrup's presentation included specific examples of inventory sizing, supplier collaboration and continuous improvement reporting. The webcast (audio and presentations) is now available for play-back on the IndustryWeek site at: http://www.industryweek.com/Webcasts/011807Eventregistration. aspx?eventID=251&ref=ULTpr. (The preceding URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. may need to be copy/pasted into your internet browser's address field. Remove the extra space if one exists.) About Ultriva Ultriva, Inc., is a leader in lean manufacturing software that drives lean processes across the supply chain - from suppliers to customers. Ultriva's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Ultriva Electronic Kanban, eliminates stock-outs while reducing inventory levels up to 75 percent. Ultriva Lean Scheduling complements demand-driven replenishment replenishment the addition of an appropriate quantity of properly prepared solution containing the correct concentration of chemicals to the developer solutions used in radiography. strategies by optimizing production schedules in real-time around the most variable customer demand. Ultriva Supplier Replenishment extends the replenishment capabilities of kanban Meaning "visible record" in Japanese, it is a system of notification from one process to the other in a manufacturing system. Kanban cards, which may be multicolored based on priority, are stored in a bin or container that holds the items. They describe the parts, supplier and quantity. to include schedule-based replenishment, discrete POs, min/max, consignment and VMI VMI Virginia Military Institute VMI Vendor Managed Inventory VMI Vertical Motion Index VMI Valtakunnan Metsien Inventointi (Finnish: National Forest Inventory) VMI Video Module Interface (vendor-managed inventory) replenishment methods. Ultriva's products are in use in more than 85 plants worldwide incorporating more than 1,000 suppliers and reducing manufacturing costs with industry leaders such as Rexnord, Emerson, Ingersoll-Rand and Invensys. |
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