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Eliminate Waste with Real-Time Asset Management

November 06, 2012

Eliminate Waste with Real-Time Asset Management

One of the main priorities in most enterprises is to reduce waste across the supply chain. If your organization is like most, there is no room for waste in any facet of supply chain processes. The removal of waste and optimization of your supply chain improves responsiveness to your customer and reduces costs. Seven types of waste in your supply chain may be hindering your efforts to become a lean organization including:

  • Non-value added processes

  • Excess inventory

  • Capacity utilization

  • Wait time for operators

  • Suboptimal transportation

  • And more…

A real-time asset management solution provides “Timely information—aimed at delivering visibility of materials, WIP, scrap, etc, as well as automating material flow and assisting with the understanding, communication and resolution of downtime issues—directly addressing the seven wastes.”

Download and read this white paper to learn how real-time asset management solutions can minimize these wastes and optimize your supply chain.

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