Who Needs ForeSight Solutions

ForeSight solves customer order fill readiness problems for manufacturers and assemblers with a high percentage of custom or complex orders. They are often characterized by:
  • Multiple product lines and many SKUs
  • Complex high value goods generally built to order (not to stock)
  • Short order fill lead times
  • Just-in-time or quick response supply chain models
ForeSight helps solve problems that affect performance metrics in many areas of the company:

Group Improved Metric
 Inventory Control  Lower WIP and safety stocks
 Purchasing  Fewer rush orders to suppliers
 Customer Service  Less time lost in manual order tracking
 Production Control  Improved capacity uptime due to fewer unplanned changeovers;
 reduced wait queues
 Human Relations  Less overtime labor cost
 Materials Handling  Higher on-time, correct order completion
 Shipping  Fewer expedited shipments
 Supply Chain  Fewer complaints of late delivery
 Executive Team  Higher profitability

AMR Research reports that every 3% increase in Effective Order Fill rate results in a 1% boost to profit margins. According to their findings, every 5% increase in Effective Order Fill rate increases ROA by at least 2.5% due to:
•  1% - 5% production efficiency gain
•  7% - 12% personnel productivity increase
•  7% - 15% cutback in inventory needed
•  5% - 15% decrease in expedited freight		•   3% - 10% fewer stock-outs
•  10% - 30% reduction in cash-to-cash cycle time
•  30% - 50% less re-work
•  35% - 50% drop in waste and obsolescence
Harder to quantify—but no less important—are increases in customer satisfaction due to more complete, on-time orders, and improved relations with suppliers resulting from greater communication and fewer emergency requests.

If you could benefit from these improvements don’t you need ForeSight?
If you’re not sure, take this quick test to find out:

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