Tailored production, including all its challenges, predominates the packaging industry. The resulting combination of make-to-order (MTO) and make-to-stock (MTS) manufacturing intensifies the pressure to optimise these processes, whereas both strategic/tactical and operational planning tools provide digital support. ORSOFT applies a wide range of advanced analytics methods such as heuristics, mathematical solver-based optimisation methods, artificial intelligence (AI) and machine learning (ML).
Digitised sales forecasts | Demand planning in the packaging industry
Demand planning is used for the preparation, coordination and rolling update of sales planning data. The statistical forecasts generated from the data include a variety of parameters, such as one-off sales events, demand fluctuations and new market trends.
Inventory optimisation in the packaging industry
Inventories determine working capital and has a direct impact on logistics costs through storage space requirements. The goal of inventory optimisation is to determine the trade-off between sufficient stocks of preliminary, intermediate and final products and delivery reliability. In addition, stocks can be managed operationally and safety stocks can be controlled strategically.
The packaging industry utilizes a number of advanced planning & scheduling tools to make their planning processes more efficient and stable. ORSOFT customers rely on the following in particular:
Production Sequencing including set-up optimisation
Heuristic sequence planning is supported by an algorithm that determines an optimal sequence for a set of orders for a certain workstation, whereas the method of processing keeps the industry-specific need to combine make-to-order (MTO) and make-to-stock (MTS) production. The sequence planning is determined – in addition to the basic dates of the order – by technological parameters that are selected and weighted depending on the technology applied (for example, extruding, printing, laminating, etc.).
Supply chain alert monitor
The supply chain alert monitor allows to analyse all existing customer orders with regard to their on-time delivery across all stages and to illustrate capacity and deadline conflicts, as well as the lack of material availability (purchased materials). If available, the analysis is evaluated based on the static link between the orders and the sales order schedule line. If this is not available, the material requirements and stock list of a material is evaluated according to the first-come, first-served (FCFS) principle.
A satisfied ORSOFT customer reports about vendor managed inventory (VMI) in the packaging industry: