FOR IMMEDIATE RELEASE
15 May, 2012
CINCINNATI, OH, U.S.A. – Supply Dynamics(www.supplydynamics.com) is pleased to announce that it has reached an agreement with a major group of aerospace Original Equipment Manufacturers (OEMs) whereby the OEMs will license Supply Dynamics’ Online Aggregation Strategic Information System (OASIS) software.
Supply Dynamics’ OASIS is a web-based raw material forecasting and fulfillment solution. OASIS provides customers with real-time visibility and control over the raw materials that go into their finished parts, irrespective of where those finished parts are manufactured. OASIS will help the group to identify materials that are common across all of its operating companies and fully leverage that information as they work to continually improve their operations. OASIS will allow decision makers to track and monitor the timely purchase and supply of raw materials, ensuring that raw materials are never the reason why a finished part is late.
Unlike MRP systems that are engineered to manage finished parts, OASIS was specifically engineered to manage the raw materials that go into finished parts. OASIS allows the OEM to forecast aggregate raw material requirements based upon its finished part demand and the Bills-of-Material that are purchased in order to produce the OEM’s parts. OASIS is fully accessible by the OEM, its outside part manufacturers, and their raw material sources. There is no other IT solution like it.
Chuck Eisenhauer, Supply Dynamics Technical Program Manager says, “OASIS provides unmatched visibility into the materials used by an OEM’s parts manufacturers. We look forward to proving this to our new customer so that they may capitalize upon the benefits of increased visibility into their supply chain.”
About Supply Dynamics: Supply Dynamics is the leading provider of material consolidation solutions known as “Material Demand Aggregation.” Located in Cincinnati, Ohio, Supply Dynamics utilizes proprietary processes and IT solutions to provide OEM customers with real-time visibility and control over the materials that go into their finished parts – especially the materials that go into the parts made by their Tier 1 and Tier 2 outside part suppliers. Provided in a hosted “software as a service” model, the Supply Dynamics multi-enterprise platform exchanges critical-to-quality data with virtually any number of legacy MRP/ERP systems, providing customers with a single, unified view of how finished part materials are impacting their business. Supply Dynamics’ suite of web-based tools and reports allow customers to instantly forecast and negotiate common materials and monitor the timely order and supply of materials across their extended supply chain. This enables an OEM and its supply partners to know that materials being produced, ordered and delivered are synchronized with actual finished part demand. It also allows the OEM to measure on-time delivery of raw materials to production sites and outside part manufacturers, to standardize materials and to identify users for surplus, excess and obsolete materials. Material Demand Aggregation is applicable to numerous industries providing a means for OEMs to coordinate the actions of each link in the supply chain to dramatically improve efficiency and predictability of supply. (www.supplydynamics.com)
For more information, please contact Mr. Bob Hales, Director of Market Development at (513) 965-2000.