Powerful Production Optimizer: Quintiq Company Planner

Supply chain optimization requires a powerful production optimizer which finds the optimal synergy between production and sales, matching capacity with demand. The increasing competition in production branches worldwide calls for a powerful tool: the Quintiq Company Planner. Production optimization means finding the optimal synergy between the processing factors, such as:

• Lead times
• Planning orders
• Materials and order acceptance

These factors cannot be viewed individually, for each of them affects the other. The Quintiq Company Planner provides tactical planning and decision support to help you manage in real time the interactions between capacities, raw materials and sales. The Company Planner also enables you to accommodate peaks, prevent production bottlenecks, and make supply chain optimization possible.

Key Features

As a production optimizer which offers full support for automatic tactical planning and interactive decision support, the Quintiq Company Planner features:

Order Acceptance

To ensure capacity release is targeted to the most profitable customers, the Quintiq Company Planner provides reliable and precise delivery date quoting, ATP/CTP functionality and state-of-the-art capacity release strategies, taking into account:

• Resource capacity availability
• Material availability due dates - Both when needed and when available
• Customer allocation - Availability of a (commercial) sales quota

Order and Campaign Planning

Powerful algorithms provided in the Quintiq solution support multi-constraint and multi-criteria production optimization functionality, allow you to plan orders against finite capacity and generate superior campaign plans. Campaign planning can be revised regularly, even daily, to take into account the most up-to-date information: feedback from production, new detail schedules, the existing order situation, VMI information, and present material availability.

Materials Management

The management of raw and intermediate materials is an essential part of a company's production planning. The Quintiq Company Planner provides all the data needed to make decisions regarding the following factors in material management for production optimization:

• Materials reservation - Deciding which materials to use for a specific order
• Netting - Creating internal orders, deciding whether to make or buy materials
• Replenishment - Deciding on replenishment of VMI orders and make-to-stock products

Performance Analysis

The Quintiq Company Planner provides valuable, predictive insight into future company performance for production and supply chain optimization over weeks or months, in terms of:

• Likely delivery performance
• The expected delivery date of an order
• Predicted loads on resources
• Future inventory levels
• If an order will fall within budget
  
  
  

Key Benefits of Quintiq Company Planner

Demand Fulfillment and Flexibility - A high-performance, order-promising solution.

Cost Transparency - Cost transparency guarantees informed decisions. 

Revenue Optimization - Insight into profitability at the order, customer and product level. 

Inventory Optimization and VMI - Designed to balance the costs of maintaining inventory with the costs of lost business, service penalties and expediting inventory. 

Customer Analysis - Accurate, up-to-date knowledge of customer performance enables sophisticated customer analyses to optimize future production schedules.

Supplier Performance Analysis - Gain a transparent overview of your suppliers’ performance to simplify your own planning puzzle.

Dynamic Campaign Optimization - Combine the production increase advantages of campaigning with the flexibility to manage unforeseen events.

Make-or-Buy Support - Know whether to make or by products at every step of your supply chain. 

Performance Analysis - With global visibility into capabilities, constraints, and variables you can effectively manage your supply chain and make accurate decisions that improve productivity and performance.

Material Flow Synchronization - Synchronized material flow takes into account all production processes to enable a smooth production process.

Capacity Optimization - Adaptive finite capacity optimization, which takes into account changes in the process and environment, enables you to leverage all your resources.

To read the full descriptions, click here.

To find out more about strategic planning, view the Quintiq Macro Planner. Quintiq also offers solutions for operational planning with the Quintiq Scheduler.