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Benchmark gains operational visibility with Lead Time Technology

21
May '08
Lead Time Technology (LTT), a market leading provider of technology-enabled process optimization tools to reduce and right-size inventory, improve forecast accuracy and service, optimize production resources, and reduce cycle time across the supply chain, announced that Benchmark Rings has successfully implemented its recently released FastForward advanced planning and optimization tools suite.

FastForward leverages all of the capabilities of the LTT Enterprise tools suite in a low cost, rapidly implemented solution designed for small to mid-sized manufacturers and distributors.

"We needed to improve our forecasts and reduce inventory across our supply chain," said A.J. Tosyali, president of Benchmark Rings.

"We selected FastForward from Lead Time Technology based on the fact that it was affordable, could be rapidly implemented, and offered to us highly sophisticated process optimization and best practices beyond any capabilities the enterprise software vendors could offer."

FastForward is a fully configured, easily implemented solution for forecasting, inventory, production, distribution, and resource optimization for one location or many. The system tells you what you should make and when you should make it, so you will never run out or have too much inventory.

The solution simplifies, automates and optimizes complex daily decision making for planners/schedulers utilizing sophisticated, patented algorithms in an intuitive easy-to-understand graphical user interface.

Its process improvement best practices are based on Lean Six Sigma principles and the experience of Lead Time Technology's practitioner founders and developers.

"We experienced significant benefits virtually from day one," added A.J. Tosyali. "The implementation facilitated process improvements and increased the productivity of our planners immediately.


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