Factory Physics Inc. today announced the third release of its C-Suite operations performance software, designed to help manufacturing executives optimize both cash flow and operational scheduling.
The software suite is said to determine how well a manufacturing operation is running against best possible performance; identify, quantify, and prioritize performance improvement opportunities and report expected increases in cash flow and profit; and integrate improvements into existing management and IT systems to ensure sustainability, the company said in its announcement.
New tools in the latest release include a cash flow optimizer, inventory optimizer, flow optimizer, and cycle time analyzer.
While previous releases focused on time, capacity, and inventory tools, this version focuses on the financial impact of those disciplines, said Paul Martyn, VP of marketing at Factory Physics, in an interview with Managing Automation Thursday. C-Suite drills deeper into the process of scheduling production and executing on plans, providing direct action alternatives rather than simply best practices, and it measures both workflows and stocks to help managers make better decisions, he said.