Material world: ToolsGroup sheds light on inventory optimization at OSRAM
ToolsGroup , a global provider of demand-driven inventory optimization solutions, says OSRAM S.p.A. will use ToolsGroup Service Optimizer 99+ solution to optimize the planning processes of raw materials and components managed at its production site in Treviso, Italy.
With sales of 4.7 billion euro in 2007, OSRAM is one of the largest lighting manufacturers in the world. Part of the Siemens AG Group , OSRAM has global presence with 41,000 employees in 150 countries, including 48 production and distribution sites in 17 countries. OSRAM operates in North America as OSRAM Sylvania .
"Our decision to implement ToolsGroup’s SO 99+ solutions was principally motivated by the need to review our optimization strategy for purchased components,” says Giuseppe Carrer, coordinator of the Inbound Supply Chain improvement project at Treviso. “In addition to advanced technology and targeted solutions, ToolsGroup offers us a great deal of experience in the field."
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After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.
The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.