SherTrack LLC Details

SherTrack LLC

Company Profile:

SherTrack LLC, a venture backed company, was founded in 2002 to develop advanced methods and solutions for Lean manufacturing based on large-scale empirical research on customer demand. This research established that demand pattern recognition and statistical process control precepts would be effective in managing customer demand and determining the optimal system response. 

SherTrack provides innovative, predictive analytic based solutions and services to enable process manufacturers to meet their customers’ needs with agility, flexibility, speed and uncompromised production economics.  SherTrack’s solutions enable demand-driven (Lean) manufacturing in complex production environments and deliver competitive advantage through best-in-class service, production efficiency and total throughput.

Key Products:
Demand-driven predictive manufacturing is an extension of the Lean pull process where predictive analytics replaces the Kanban system to provide the demand signal. SNAPPS PM predictive analytic algorithms dramatically improve the accuracy of the short-term demand picture. Its probabilistic inventory and scheduling engines create optimized, feasible production schedules to keep supply and demand in constant alignment. SNAPPS PM enables significant improvements in agility while enhancing production efficiency. SNAPPS AP leverages the granular digital plant models with discrete event simulation to enable precise capacity planning. This “Next Generation S&OP” building block is valuable for ensuring successful new product introductions.

Website:
www.shertrack.com