SBIR Phase II: Lean Physics: Streamlining the Supply Chain Using Factory Physics

Factory Physics, Inc., Bryan TX

Investigators

Abstract

0349659 This SBIR Phase II project involves the creation of an innovative Methodology and software Toolkit that can substantially improve the supply chain of virtually any manufacturing firm. The proposed Support Tools offers a comprehensive system that combines the best of the "software only" and the "best-practices" approaches with a framework to create a new paradigm for production system improvement. Algorithms based on this framework will provide important diagnostic and analysis tools that show how and where major improvements to the supply chain should be made. Execution algorithms that "bolt onto" existing supply chain management systems will provide the means to improve productivity, reduce inventory, and increase customer responsiveness without having to replace existing implementations. The toolkit can also be delivered over the Internet, providing a cost effective alternative to smaller companies. Commercial versions of this innovation could enable widespread adoption of a new and more effective paradigm of manufacturing logistics. With the loss of 2.3 million jobs in the last three years, the issue of manufacturing productivity is critical as is the need for supply chain tools which integrate production software systems with operational initiatives to improve productivity and cost competitiveness. Widespread adoption of this methodology and tools could have a profound influence on the competitiveness of U.S. industry.