Datacraft Solutions Inc., the leading provider of lean manufacturing software, announced that its business increased substantially in fiscal year ending December 31, 2006. This extraordinary growth was driven by adding new customers as well as growth within Datacraft Solution's existing customer base. This unprecedented company expansion positions Datacraft Solutions as the nation's leader in providing lean supply chain eKanban (Digital Kanban) solutions. Datacraft Solutions, a privately held company did not release specific financial data regarding the record data.
The key to growth rested in the fact that manufacturing industries continued to focus on inventory reduction; expectations from customers for delivery of quality products on-time has only increased. These demands necessitate development of supplier relationships and sharing real-time information, something not addressed in legacy forecast based systems. "Our customers are achieving phenomenal inventory reductions and operational efficiencies. Monetary reductions in inventory of 50% or more are realized as on-hand physical inventory levels decrease dramatically. Supplier lead times are reduced and on-time deliveries are increasing due to visibility, availability of information, and increased collaboration between manufacturers and suppliers," according to Datacraft Solutions CEO and Chairman Stephen Parker.
The demand drive supply chain network is providing a return on investment (ROI) realized in months not years. Implementation of the "software-as-a-service" solution has allowed customers to reap benefits in a matter of weeks from contract signing and the "pay as you grow" pricing model; according to Parker, "It is a partnership between the customer and Datacraft Solutions."
Parker suggested other reasons for the company's growth: "Datacraft Solutions (www.datacraftsolutions.com) delivers a revolutionary digital kanban process of automation solutions to lean manufacturers through a secure Internet gateway, eliminating the need to install and maintain a complex IT infrastructure. The company has experienced significant growth in the past twelve months by eliminating complicated, expensive, time-intensive software implementations as well as extensive training regiments and the need for internal support. The Datacraft Solutions' demand driven supply chain digital kanban lean system allows customers access and fully utilize powerful lean benefits immediately for a low, predictable monthly fee. Services are scalable so manufacturers can design an appropriate digital kanban solution."
